Marvel Biosciences Corp (MRVL) — Defensive Interval Ratio

Latest as of April 2023: 28 days

Marvel Biosciences Corp (MRVL) has a Defensive Interval Ratio of 28 days as of April 2023. Defensive assets of CA$69.36K (cash CA$-, short-term investments CA$-, receivables CA$69.36K) cover 28 days of daily cash needs of CA$2.47K/day. Check Marvel Biosciences Corp (MRVL) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

28 days
Days of operational coverage

Defensive Assets

CA$69.36K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.47K
Current Liabilities ÷ 365

Current Liabilities

CA$900.15K
CAD

Marvel Biosciences Corp Defensive Interval Ratio (2020–2022)

This chart shows how Marvel Biosciences Corp's Defensive Interval Ratio has evolved across 3 annual periods from 2020 to 2022. As of April 2023, the ratio stands at 28 days, meaning defensive assets of CA$69.36K can fund 28 days of operations without new revenue. Also explore net asset growth rate of Marvel Biosciences Corp to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Marvel Biosciences Corp (2020–2022)

The table below presents the year-by-year Defensive Interval Ratio for Marvel Biosciences Corp from 2020 to 2022, 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 MRVL market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 29 days CA$56.44K CA$1.97K/day CA$- CA$- ▼ -163 days
2021 192 days CA$59.11K CA$308.16/day CA$- CA$- ▲ +118 days
2020 74 days CA$35.84K CA$485.43/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)