Ocean Power Technologies Inc (OPTT) — Defensive Interval Ratio

Latest as of January 2026: 127 days

Ocean Power Technologies Inc (OPTT) has a Defensive Interval Ratio of 127 days as of January 2026. Defensive assets of $6.86 Million (cash $-, short-term investments $-, receivables $6.86 Million) cover 127 days of daily cash needs of $53.96K/day. Check Ocean Power Technologies Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

127 days
Days of operational coverage

Defensive Assets

$6.86 Million
Cash + ST Investments + Receivables

Daily Cash Need

$53.96K
Current Liabilities ÷ 365

Current Liabilities

$19.70 Million
USD

Ocean Power Technologies Inc Defensive Interval Ratio (2005–2025)

This chart shows how Ocean Power Technologies Inc's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of January 2026, the ratio stands at 127 days, meaning defensive assets of $6.86 Million can fund 127 days of operations without new revenue. Also explore Ocean Power Technologies Inc (OPTT) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ocean Power Technologies Inc (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ocean Power Technologies Inc from 2005 to 2025, covering 21 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 Ocean Power Technologies Inc market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 253 days $2.28 Million $9.01K/day $- $- ▲ +213 days
2024 40 days $814.00K $20.16K/day $- $0.00 ▼ -1284 days
2023 1324 days $28.69 Million $21.66K/day $- $27.79 Million ▼ -4835 days
2022 6159 days $50.25 Million $8.16K/day $- $49.38 Million ▲ +6112 days
2021 47 days $608.00K $12.86K/day $- $68.00K ▼ -33 days
2020 80 days $418.00K $5.21K/day $- $60.00K ▲ +59 days
2019 21 days $141.00K $6.70K/day $- $63.00K ▼ -39 days
2018 60 days $617.00K $10.25K/day $- $25.00K ▲ +31 days
2017 29 days $369.00K $12.61K/day $- $25.00K ▼ -125 days
2016 155 days $2.61 Million $16.90K/day $- $75.00K ▲ +123 days
2015 32 days $260.13K $8.11K/day $- $75.00K ▼ -555 days
2014 587 days $14.84 Million $25.30K/day $- $14.49 Million ▼ -381 days
2013 968 days $14.92 Million $15.42K/day $- $14.00 Million ▼ -765 days
2012 1732 days $23.66 Million $13.66K/day $- $22.37 Million ▲ +47 days
2011 1686 days $27.76 Million $16.47K/day $- $26.02 Million ▼ -78 days
2010 1763 days $34.46 Million $19.54K/day $- $32.54 Million ▼ -466 days
2009 2230 days $30.81 Million $13.82K/day $- $28.84 Million ▲ +2103 days
2008 127 days $2.31 Million $18.21K/day $- $- ▼ -425 days
2007 552 days $9.57 Million $17.34K/day $- $8.39 Million ▲ +431 days
2006 121 days $693.16K $5.74K/day $- $482.16K ▼ -3311 days
2005 3432 days $26.69 Million $7.78K/day $- $25.20 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)