Xenetic Biosciences Inc (XBIO) — Defensive Interval Ratio

Latest as of June 2024: 165 days

Xenetic Biosciences Inc (XBIO) has a Defensive Interval Ratio of 165 days as of June 2024. Defensive assets of $716.38K (cash $-, short-term investments $-, receivables $716.38K) cover 165 days of daily cash needs of $4.35K/day. Check Xenetic Biosciences Inc (XBIO) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

165 days
Days of operational coverage

Defensive Assets

$716.38K
Cash + ST Investments + Receivables

Daily Cash Need

$4.35K
Current Liabilities ÷ 365

Current Liabilities

$1.59 Million
USD

Xenetic Biosciences Inc Defensive Interval Ratio (2012–2020)

This chart shows how Xenetic Biosciences Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2012 to 2020. As of June 2024, the ratio stands at 165 days, meaning defensive assets of $716.38K can fund 165 days of operations without new revenue. Also explore XBIO net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Xenetic Biosciences Inc (2012–2020)

The table below presents the year-by-year Defensive Interval Ratio for Xenetic Biosciences Inc from 2012 to 2020, 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. For live market cap and the full company financial profile, see Xenetic Biosciences Inc market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2020 195 days $500.00K $2.57K/day $- $- ▲ +182 days
2017 13 days $67.00K $5.33K/day $- $67.00K ▼ -587 days
2016 600 days $3.07 Million $5.11K/day $- $67.00K ▲ +597 days
2015 3 days $67.00K $20.12K/day $- $67.00K ▼ -21 days
2014 25 days $181.78K $7.39K/day $- $66.00K ▼ -1 days
2013 26 days $256.01K $9.84K/day $- $- ▼ -29 days
2012 55 days $212.18K $3.83K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)