Initiator Pharma A/S (INIT) — 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. Check Initiator Pharma A/S (INIT) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Initiator Pharma A/S Defensive Interval Ratio (2017–2023)
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. Also explore how fast is Initiator Pharma A/S growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Initiator Pharma A/S (2017–2023)
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 live market cap and the full company financial profile, see INIT company net worth.
| 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- | — |