Trevena Inc (TRVN) — Defensive Interval Ratio

Latest as of September 2023: 11 days

Trevena Inc (TRVN) has a Defensive Interval Ratio of 11 days as of September 2023. Defensive assets of $179.00K (cash $-, short-term investments $-, receivables $179.00K) cover 11 days of daily cash needs of $16.87K/day. Check Trevena Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

$179.00K
Cash + ST Investments + Receivables

Daily Cash Need

$16.87K
Current Liabilities ÷ 365

Current Liabilities

$6.16 Million
USD

Trevena Inc Defensive Interval Ratio (2011–2021)

This chart shows how Trevena Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2011 to 2021. As of September 2023, the ratio stands at 11 days, meaning defensive assets of $179.00K can fund 11 days of operations without new revenue. Also explore net asset growth rate of Trevena Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Trevena Inc (2011–2021)

The table below presents the year-by-year Defensive Interval Ratio for Trevena Inc from 2011 to 2021, covering 10 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 market cap of Trevena Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2021 0 days $1.00 $25.17K/day $- $- ▼ -2 days
2020 2 days $71.00K $45.38K/day $- $- ▼ -139 days
2019 140 days $3.50 Million $24.95K/day $- $3.50 Million ▼ -456 days
2018 597 days $28.59 Million $47.92K/day $- $28.59 Million ▼ -396 days
2017 993 days $49.54 Million $49.90K/day $- $49.54 Million ▼ -436 days
2016 1429 days $86.33 Million $60.41K/day $- $86.33 Million ▼ -1955 days
2015 3385 days $125.86 Million $37.19K/day $- $125.86 Million ▼ -323 days
2014 3708 days $70.70 Million $19.07K/day $- $70.70 Million ▲ +3698 days
2012 11 days $113.88K $10.77K/day $- $102.00K ▼ -8 days
2011 18 days $114.99K $6.24K/day $- $92.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)