Lemonade Inc (LMND) — Defensive Interval Ratio
Lemonade Inc (LMND) has a Defensive Interval Ratio of 194 days as of June 2026. Defensive assets of $682.70 Million (cash $-, short-term investments $192.30 Million, receivables $490.40 Million) cover 194 days of daily cash needs of $3.52 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Lemonade Inc Defensive Interval Ratio (2017–2025)
This chart shows how Lemonade Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 194 days, meaning defensive assets of $682.70 Million can fund 194 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Lemonade Inc.
Annual Defensive Interval Ratio for Lemonade Inc (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for Lemonade Inc from 2017 to 2025, covering 9 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 LMND working capital efficiency 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) |
|---|---|---|---|---|---|---|
| 2025 | 389 days | $1.29 Billion | $3.32 Million/day | $- | $722.90 Million | ▲ +35 days |
| 2024 | 354 days | $1.11 Billion | $3.15 Million/day | $- | $634.90 Million | ▼ -884 days |
| 2023 | 1238 days | $682.60 Million | $551.23K/day | $- | $301.30 Million | ▼ -19585 days |
| 2022 | 20824 days | $1.11 Billion | $53.42K/day | $- | $750.10 Million | ▲ +20070 days |
| 2021 | 754 days | $1.03 Billion | $1.37 Million/day | $- | $801.80 Million | ▼ -2974 days |
| 2020 | 3729 days | $147.10 Million | $39.45K/day | $- | $6.60 Million | ▼ -7007 days |
| 2019 | 10736 days | $135.30 Million | $12.60K/day | $- | $60.60 Million | ▲ +6231 days |
| 2018 | 4505 days | $46.90 Million | $10.41K/day | $- | $9.20 Million | ▲ +1731 days |
| 2017 | 2774 days | $19.00 Million | $6.85K/day | $- | $13.10 Million | — |