Virpax Pharmaceuticals Inc (VRPX) — Defensive Interval Ratio

Latest as of December 2020: 0 days

Virpax Pharmaceuticals Inc (VRPX) has a Defensive Interval Ratio of 0 days as of December 2020. Defensive assets of $0.00 (cash $-, short-term investments $-, receivables $0.00) cover 0 days of daily cash needs of $10.03K/day.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

$0.00
Cash + ST Investments + Receivables

Daily Cash Need

$10.03K
Current Liabilities ÷ 365

Current Liabilities

$3.66 Million
USD

Virpax Pharmaceuticals Inc Defensive Interval Ratio (2018–2024)

This chart shows how Virpax Pharmaceuticals Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2018 to 2024. As of December 2020, the ratio stands at 0 days, meaning defensive assets of $0.00 can fund 0 days of operations without new revenue. For the complete balance sheet picture, see how large is Virpax Pharmaceuticals Inc's balance sheet.

Annual Defensive Interval Ratio for Virpax Pharmaceuticals Inc (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Virpax Pharmaceuticals Inc from 2018 to 2024, covering 4 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 working capital to net assets of Virpax Pharmaceuticals Inc 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)
2024 223 days $1.51 Billion $6.77 Million/day $- $1.51 Billion ▲ +223 days
2020 0 days $0.00 $10.03K/day $- $- ▼ 0 days
2019 0 days $1.39K $7.61K/day $- $- ▲ +0 days
2018 0 days $0.00 $3.44K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)