Tourmaline Bio Inc. (TRML) — Defensive Interval Ratio
Tourmaline Bio Inc. (TRML) has a Defensive Interval Ratio of 7514 days as of June 2025. Defensive assets of $207.81 Million (cash $-, short-term investments $207.81 Million, receivables $-) cover 7514 days of daily cash needs of $27.66K/day. See Tourmaline Bio Inc. short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tourmaline Bio Inc. Defensive Interval Ratio (2020–2024)
This chart shows how Tourmaline Bio Inc.'s Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 7514 days, meaning defensive assets of $207.81 Million can fund 7514 days of operations without new revenue. See Tourmaline Bio Inc. (TRML) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Tourmaline Bio Inc. (2020–2024)
The table below presents the year-by-year Defensive Interval Ratio for Tourmaline Bio Inc. from 2020 to 2024, 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. For live market cap and the full company financial profile, see how much is Tourmaline Bio Inc. worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 9333 days | $227.80 Million | $24.41K/day | $- | $227.80 Million | ▲ +4792 days |
| 2023 | 4541 days | $62.23 Million | $13.70K/day | $- | $62.23 Million | ▲ +4541 days |
| 2022 | 0 days | $0.00 | $3.73K/day | $- | $0.00 | ▼ -10299 days |
| 2021 | 10299 days | $225.36 Million | $21.88K/day | $- | $225.36 Million | ▼ -3844 days |
| 2020 | 14143 days | $131.90 Million | $9.33K/day | $- | $131.90 Million | — |