Cipher Pharmaceuticals Inc (CPH) — Defensive Interval Ratio

Latest as of March 2026: 175 days

Cipher Pharmaceuticals Inc (CPH) has a Defensive Interval Ratio of 175 days as of March 2026. Defensive assets of CA$9.76 Million (cash CA$-, short-term investments CA$-, receivables CA$9.76 Million) cover 175 days of daily cash needs of CA$55.84K/day. See Cipher Pharmaceuticals Inc (CPH) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

175 days
Days of operational coverage

Defensive Assets

CA$9.76 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$55.84K
Current Liabilities ÷ 365

Current Liabilities

CA$20.38 Million
CAD

Cipher Pharmaceuticals Inc Defensive Interval Ratio (2004–2025)

This chart shows how Cipher Pharmaceuticals Inc's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 175 days, meaning defensive assets of CA$9.76 Million can fund 175 days of operations without new revenue. See Cipher Pharmaceuticals Inc (CPH) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Cipher Pharmaceuticals Inc (2004–2025)

The table below presents the year-by-year Defensive Interval Ratio for Cipher Pharmaceuticals Inc from 2004 to 2025, covering 22 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 CPH market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 273 days CA$18.68 Million CA$68.48K/day CA$7.49 Million CA$- ▼ -309 days
2024 582 days CA$31.70 Million CA$54.45K/day CA$17.84 Million CA$- ▼ -2539 days
2023 3121 days CA$44.91 Million CA$14.39K/day CA$39.83 Million CA$- ▲ +1733 days
2022 1388 days CA$35.64 Million CA$25.67K/day CA$28.84 Million CA$- ▲ +1191 days
2021 198 days CA$6.66 Million CA$33.68K/day CA$- CA$- ▼ -142 days
2020 339 days CA$9.22 Million CA$27.17K/day CA$- CA$- ▲ +144 days
2019 195 days CA$8.88 Million CA$45.52K/day CA$- CA$- ▲ +15 days
2018 180 days CA$10.47 Million CA$58.29K/day CA$- CA$- ▼ -137 days
2017 317 days CA$23.61 Million CA$74.51K/day CA$- CA$- ▲ +62 days
2016 255 days CA$14.64 Million CA$57.39K/day CA$- CA$- ▼ -66 days
2015 321 days CA$16.30 Million CA$50.74K/day CA$- CA$- ▼ -675 days
2014 996 days CA$12.33 Million CA$12.38K/day CA$- CA$- ▲ +437 days
2013 560 days CA$21.14 Million CA$37.77K/day CA$- CA$- ▲ +336 days
2012 224 days CA$3.20 Million CA$14.32K/day CA$- CA$- ▼ -6 days
2011 230 days CA$1.75 Million CA$7.59K/day CA$- CA$- ▲ +10 days
2010 219 days CA$1.81 Million CA$8.24K/day CA$- CA$- ▲ +37 days
2009 183 days CA$1.69 Million CA$9.23K/day CA$- CA$- ▲ +8 days
2008 175 days CA$925.23K CA$5.30K/day CA$- CA$- ▼ -126 days
2007 301 days CA$1.54 Million CA$5.12K/day CA$- CA$- ▲ +212 days
2006 89 days CA$218.77K CA$2.45K/day CA$- CA$- ▼ -36 days
2005 125 days CA$1.02 Million CA$8.16K/day CA$- CA$- ▼ -493 days
2004 618 days CA$9.06 Million CA$14.66K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)