Theranexus SA (ALTHX) — Defensive Interval Ratio

Latest as of December 2025: 516 days

Theranexus SA (ALTHX) has a Defensive Interval Ratio of 516 days as of December 2025. Defensive assets of €8.39 Million (cash €-, short-term investments €7.02 Million, receivables €1.36 Million) cover 516 days of daily cash needs of €16.25K/day. Check ALTHX tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

516 days
Days of operational coverage

Defensive Assets

€8.39 Million
Cash + ST Investments + Receivables

Daily Cash Need

€16.25K
Current Liabilities ÷ 365

Current Liabilities

€5.93 Million
EUR

Theranexus SA Defensive Interval Ratio (2015–2025)

This chart shows how Theranexus SA's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 516 days, meaning defensive assets of €8.39 Million can fund 516 days of operations without new revenue. Also explore how fast is Theranexus SA growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Theranexus SA (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Theranexus SA from 2015 to 2025, covering 11 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 Theranexus SA (ALTHX) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 516 days €8.39 Million €16.25K/day €- €7.02 Million ▲ +408 days
2024 108 days €1.09 Million €10.08K/day €252.28K €252.28K ▼ -951 days
2023 1059 days €7.42 Million €7.00K/day €3.71 Million €3.71 Million ▼ -822 days
2022 1881 days €14.02 Million €7.45K/day €7.00 Million €7.00 Million ▼ -2496 days
2021 4377 days €16.09 Million €3.68K/day €7.01 Million €7.01 Million ▲ +2703 days
2020 1675 days €6.80 Million €4.06K/day €2.50 Million €2.50 Million ▲ +23 days
2019 1651 days €14.97 Million €9.06K/day €6.03 Million €6.03 Million ▼ -851 days
2018 2502 days €18.25 Million €7.29K/day €8.02 Million €8.02 Million ▼ -6978 days
2017 9480 days €31.08 Million €3.28K/day €15.00 Million €15.00 Million ▲ +8207 days
2016 1273 days €357.29K €280.58/day €- €348.87K ▼ -5205 days
2015 6479 days €1.40 Million €215.47/day €- €1.40 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)