Terns Pharmaceuticals Inc (TERN) — Defensive Interval Ratio
Terns Pharmaceuticals Inc (TERN) has a Defensive Interval Ratio of 3438 days as of September 2025. Defensive assets of $144.94 Million (cash $-, short-term investments $144.94 Million, receivables $-) cover 3438 days of daily cash needs of $42.16K/day. For the complete balance sheet picture, see Terns Pharmaceuticals Inc total assets.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Terns Pharmaceuticals Inc Defensive Interval Ratio (2018–2024)
This chart shows how Terns Pharmaceuticals Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 3438 days, meaning defensive assets of $144.94 Million can fund 3438 days of operations without new revenue. Check Terns Pharmaceuticals Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Annual Defensive Interval Ratio for Terns Pharmaceuticals Inc (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for Terns Pharmaceuticals Inc from 2018 to 2024, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 4588 days | $196.72 Million | $42.88K/day | $- | $196.72 Million | ▼ -1020 days |
| 2023 | 5608 days | $183.51 Million | $32.72K/day | $- | $183.51 Million | ▼ -421 days |
| 2022 | 6029 days | $139.88 Million | $23.20K/day | $- | $139.88 Million | ▼ -301 days |
| 2021 | 6330 days | $118.28 Million | $18.68K/day | $- | $118.28 Million | ▲ +6127 days |
| 2020 | 203 days | $12.72 Million | $62.52K/day | $- | $0.00 | ▼ -337 days |
| 2019 | 540 days | $7.32 Million | $13.56K/day | $- | $7.32 Million | ▼ -130 days |
| 2018 | 670 days | $4.36 Million | $6.51K/day | $- | $4.36 Million | — |