Palatin Technologies Inc (PTN) — Defensive Interval Ratio

Latest as of March 2025: 10 days

Palatin Technologies Inc (PTN) has a Defensive Interval Ratio of 10 days as of March 2025. Defensive assets of $271.04K (cash $-, short-term investments $-, receivables $271.04K) cover 10 days of daily cash needs of $27.53K/day. Check PTN tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

10 days
Days of operational coverage

Defensive Assets

$271.04K
Cash + ST Investments + Receivables

Daily Cash Need

$27.53K
Current Liabilities ÷ 365

Current Liabilities

$10.05 Million
USD

Palatin Technologies Inc Defensive Interval Ratio (1996–2024)

This chart shows how Palatin Technologies Inc's Defensive Interval Ratio has evolved across 26 annual periods from 1996 to 2024. As of March 2025, the ratio stands at 10 days, meaning defensive assets of $271.04K can fund 10 days of operations without new revenue. Also explore Palatin Technologies Inc (PTN) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Palatin Technologies Inc (1996–2024)

The table below presents the year-by-year Defensive Interval Ratio for Palatin Technologies Inc from 1996 to 2024, covering 26 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 market value of Palatin Technologies Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 0 days $0.00 $26.46K/day $- $0.00 ▼ -335 days
2023 335 days $13.90 Million $41.46K/day $7.99 Million $2.99 Million ▼ -377 days
2022 712 days $31.72 Million $44.55K/day $29.94 Million $0.00 ▼ -1430 days
2021 2142 days $61.69 Million $28.80K/day $60.10 Million $- ▼ -5558 days
2020 7700 days $82.85 Million $10.76K/day $82.85 Million $- ▼ -1349 days
2019 9049 days $103.78 Million $11.47K/day $43.51 Million $- ▲ +7239 days
2018 1810 days $53.37 Million $29.49K/day $38.00 Million $249.84K ▲ +1441 days
2017 369 days $55.57 Million $150.58K/day $40.20 Million $249.84K ▲ +333 days
2016 36 days $1.38 Million $38.34K/day $- $1.38 Million ▲ +36 days
2015 0 days $0.00 $20.15K/day $- $0.00 ▲ +0 days
2014 0 days $0.00 $7.59K/day $- $0.00 ▼ -930 days
2013 930 days $5.25 Million $5.64K/day $- $5.25 Million ▲ +890 days
2012 40 days $377.63K $9.47K/day $- $350.00K ▲ +23 days
2011 17 days $131.15K $7.69K/day $- $- ▼ -511 days
2010 528 days $3.47 Million $6.56K/day $- $3.46 Million ▲ +362 days
2009 166 days $3.95 Million $23.75K/day $- $3.44 Million ▼ -79 days
2008 245 days $3.36 Million $13.70K/day $- $3.35 Million ▲ +133 days
2007 112 days $2.93 Million $26.20K/day $- $2.32 Million ▲ +41 days
2006 70 days $2.40 Million $34.10K/day $- $2.33 Million ▼ -149 days
2005 219 days $7.83 Million $35.74K/day $- $2.39 Million ▲ +38 days
2004 181 days $2.47 Million $13.60K/day $- $2.47 Million ▼ -193 days
2003 374 days $4.09 Million $10.93K/day $- $4.09 Million ▼ -199 days
2000 573 days $3.11 Million $5.43K/day $- $2.16 Million ▲ +497 days
1999 76 days $500.00K $6.58K/day $- $500.00K ▲ +63 days
1997 14 days $100.00K $7.40K/day $- $- ▲ +13 days
1996 1 days $4.57K $6.46K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)