NanoViricides Inc (NNVC) — Defensive Interval Ratio

Latest as of September 2018: 0 days

NanoViricides Inc (NNVC) has a Defensive Interval Ratio of 0 days as of September 2018. Defensive assets of $0.00 (cash $-, short-term investments $0.00, receivables $-) cover 0 days of daily cash needs of $3.81K/day. See NanoViricides Inc (NNVC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

$0.00
Cash + ST Investments + Receivables

Daily Cash Need

$3.81K
Current Liabilities ÷ 365

Current Liabilities

$1.39 Million
USD

NanoViricides Inc Defensive Interval Ratio (2015–2018)

This chart shows how NanoViricides Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2015 to 2018. As of September 2018, the ratio stands at 0 days, meaning defensive assets of $0.00 can fund 0 days of operations without new revenue. See NanoViricides Inc (NNVC) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for NanoViricides Inc (2015–2018)

The table below presents the year-by-year Defensive Interval Ratio for NanoViricides Inc from 2015 to 2018, 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. For live market cap and the full company financial profile, see NanoViricides Inc stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2018 0 days $0.00 $2.42K/day $- $0.00 ▼ -5 days
2017 5 days $58.93K $12.78K/day $- $0.00 ▲ +5 days
2016 0 days $0.00 $18.48K/day $- $0.00 ▲ +0 days
2015 0 days $0.00 $1.65K/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)