SpringWorks Therapeutics Inc (SWTX) — Defensive Interval Ratio

Latest as of March 2025: 1173 days

SpringWorks Therapeutics Inc (SWTX) has a Defensive Interval Ratio of 1173 days as of March 2025. Defensive assets of $264.45 Million (cash $-, short-term investments $224.10 Million, receivables $40.35 Million) cover 1173 days of daily cash needs of $225.39K/day. Check how tangible is SpringWorks Therapeutics Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1173 days
Days of operational coverage

Defensive Assets

$264.45 Million
Cash + ST Investments + Receivables

Daily Cash Need

$225.39K
Current Liabilities ÷ 365

Current Liabilities

$82.27 Million
USD

SpringWorks Therapeutics Inc Defensive Interval Ratio (2000–2024)

This chart shows how SpringWorks Therapeutics Inc's Defensive Interval Ratio has evolved across 14 annual periods from 2000 to 2024. As of March 2025, the ratio stands at 1173 days, meaning defensive assets of $264.45 Million can fund 1173 days of operations without new revenue. Also explore SpringWorks Therapeutics Inc net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for SpringWorks Therapeutics Inc (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for SpringWorks Therapeutics Inc from 2000 to 2024, covering 14 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see SpringWorks Therapeutics Inc (SWTX) total market value.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 1038 days $284.47 Million $273.95K/day $- $238.23 Million ▼ -405 days
2023 1443 days $309.08 Million $214.16K/day $- $303.15 Million ▼ -2309 days
2022 3752 days $524.72 Million $139.86K/day $- $524.72 Million ▲ +469 days
2021 3283 days $269.54 Million $82.11K/day $- $269.54 Million ▼ -4208 days
2020 7491 days $361.39 Million $48.25K/day $- $361.39 Million ▲ +7479 days
2008 12 days $282.00K $24.28K/day $- $282.00K ▲ +1 days
2007 11 days $294.00K $26.66K/day $- $294.00K ▲ +5 days
2006 6 days $209.00K $33.75K/day $- $209.00K ▼ -6 days
2005 12 days $402.00K $32.75K/day $- $402.00K ▼ -4 days
2004 17 days $686.00K $41.10K/day $- $686.00K ▲ +5 days
2003 12 days $739.00K $62.04K/day $- $739.00K ▲ +4 days
2002 8 days $531.00K $65.43K/day $- $531.00K ▼ -11 days
2001 19 days $1.60 Million $82.40K/day $- $1.60 Million ▲ +8 days
2000 11 days $1.85 Million $163.17K/day $- $1.85 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)