Initiator Pharma A/S Defensive Interval Ratio

Latest as of March 2024: 416 days

Initiator Pharma A/S defensive interval ratio. Initiator Pharma A/S (INIT) has a Defensive Interval Ratio of 416 days as of March 2024. Defensive assets of Skr743.00K (cash Skr-, short-term investments Skr-, receivables Skr743.00K) cover 416 days of daily cash needs of Skr1.79K/day. See Initiator Pharma A/S (INIT) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

416 days
Days of operational coverage

Defensive Assets

Skr743.00K
Cash + ST Investments + Receivables

Daily Cash Need

Skr1.79K
Current Liabilities ÷ 365

Current Liabilities

Skr652.00K
SEK

Defensive Interval Ratio of Initiator Pharma A/S (2017–2023)

Defensive interval ratio of Initiator Pharma A/S from 2017 to 2023. This chart shows how Initiator Pharma A/S's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of March 2024, the ratio stands at 416 days, meaning defensive assets of Skr743.00K can fund 416 days of operations without new revenue. Check Initiator Pharma A/S asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Initiator Pharma A/S Defensive Interval Ratio by Year (2017–2023)

Initiator Pharma A/S defensive interval ratio by year from 2017 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Initiator Pharma A/S from 2017 to 2023, covering 7 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 the complete balance sheet picture, see Initiator Pharma A/S asset portfolio.

Year DIR (days) Defensive Assets (SEK) Daily Cash Need Cash ST Investments Change (days)
2023 92 days Skr799.00K Skr8.73K/day Skr- Skr200.00K ▼ -265 days
2022 357 days Skr1.71 Million Skr4.78K/day Skr- Skr- ▲ +293 days
2021 64 days Skr945.00K Skr14.84K/day Skr- Skr- ▼ -103 days
2020 167 days Skr545.00K Skr3.27K/day Skr- Skr- ▼ -543 days
2019 709 days Skr2.97 Million Skr4.19K/day Skr- Skr- ▼ -597 days
2018 1306 days Skr2.71 Million Skr2.08K/day Skr- Skr- ▲ +1097 days
2017 210 days Skr1.92 Million Skr9.13K/day Skr- Skr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)