Cannassure Therapeutics Ltd (CSURE) — Defensive Interval Ratio
Cannassure Therapeutics Ltd (CSURE) has a Defensive Interval Ratio of 173 days as of June 2021. Defensive assets of ILA9.37 Million (cash ILA-, short-term investments ILA-, receivables ILA9.37 Million) cover 173 days of daily cash needs of ILA54.14K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Cannassure Therapeutics Ltd Defensive Interval Ratio (2018–2020)
This chart shows how Cannassure Therapeutics Ltd's Defensive Interval Ratio has evolved across 3 annual periods from 2018 to 2020. As of June 2021, the ratio stands at 173 days, meaning defensive assets of ILA9.37 Million can fund 173 days of operations without new revenue.
Annual Defensive Interval Ratio for Cannassure Therapeutics Ltd (2018–2020)
The table below presents the year-by-year Defensive Interval Ratio for Cannassure Therapeutics Ltd from 2018 to 2020, covering 3 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 Cannassure Therapeutics Ltd stock valuation.
| Year | DIR (days) | Defensive Assets (ILA) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2020 | 41 days | ILA1.50 Million | ILA36.84K/day | ILA- | ILA- | ▲ +4 days |
| 2019 | 37 days | ILA567.00K | ILA15.53K/day | ILA- | ILA- | ▼ -43 days |
| 2018 | 79 days | ILA774.00K | ILA9.77K/day | ILA- | ILA- | — |