Tectonic Therapeutic, Inc. (TECX) — Defensive Interval Ratio
Tectonic Therapeutic, Inc. (TECX) has a Defensive Interval Ratio of 8 days as of June 2023. Defensive assets of $270.00K (cash $-, short-term investments $-, receivables $270.00K) cover 8 days of daily cash needs of $31.96K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tectonic Therapeutic, Inc. Defensive Interval Ratio (2018–2022)
This chart shows how Tectonic Therapeutic, Inc.'s Defensive Interval Ratio has evolved across 5 annual periods from 2018 to 2022. As of June 2023, the ratio stands at 8 days, meaning defensive assets of $270.00K can fund 8 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Tectonic Therapeutic, Inc..
Annual Defensive Interval Ratio for Tectonic Therapeutic, Inc. (2018–2022)
The table below presents the year-by-year Defensive Interval Ratio for Tectonic Therapeutic, Inc. from 2018 to 2022, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Tectonic Therapeutic, Inc. (TECX) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 13 days | $269.00K | $21.47K/day | $- | $- | ▼ -227 days |
| 2021 | 239 days | $2.70 Million | $11.28K/day | $- | $- | ▲ +183 days |
| 2020 | 56 days | $2.56 Million | $45.52K/day | $- | $- | ▲ +1 days |
| 2019 | 56 days | $2.14 Million | $38.40K/day | $- | $- | ▲ +3 days |
| 2018 | 53 days | $1.54 Million | $29.06K/day | $- | $- | — |