NervGen Pharma Corp (NGEN) — Defensive Interval Ratio
NervGen Pharma Corp (NGEN) has a Defensive Interval Ratio of 1 days as of September 2025. Defensive assets of CA$33.23K (cash CA$-, short-term investments CA$33.23K, receivables CA$-) cover 1 days of daily cash needs of CA$43.89K/day. Check NervGen Pharma Corp (NGEN) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NervGen Pharma Corp Defensive Interval Ratio (2018–2024)
This chart shows how NervGen Pharma Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 1 days, meaning defensive assets of CA$33.23K can fund 1 days of operations without new revenue. Also explore net asset momentum of NervGen Pharma Corp to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for NervGen Pharma Corp (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for NervGen Pharma Corp from 2018 to 2024, 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 NGEN market cap overview.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 2 days | CA$97.23K | CA$46.30K/day | CA$- | CA$97.23K | ▼ -4 days |
| 2023 | 6 days | CA$250.21K | CA$41.48K/day | CA$- | CA$0.00 | ▲ +5 days |
| 2022 | 1 days | CA$27.03K | CA$27.99K/day | CA$- | CA$- | ▼ -21 days |
| 2021 | 22 days | CA$64.00K | CA$2.95K/day | CA$- | CA$- | ▼ -9 days |
| 2020 | 30 days | CA$62.59K | CA$2.07K/day | CA$- | CA$- | ▼ -18 days |
| 2019 | 48 days | CA$122.50K | CA$2.53K/day | CA$- | CA$- | ▲ +27 days |
| 2018 | 21 days | CA$25.84K | CA$1.23K/day | CA$- | CA$- | — |