XORTX Therapeutics Inc (XRTX) — Defensive Interval Ratio
XORTX Therapeutics Inc (XRTX) has a Defensive Interval Ratio of 10 days as of September 2025. Defensive assets of CA$22.09K (cash CA$-, short-term investments CA$-, receivables CA$22.09K) cover 10 days of daily cash needs of CA$2.29K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
XORTX Therapeutics Inc Defensive Interval Ratio (2017–2024)
This chart shows how XORTX Therapeutics Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 10 days, meaning defensive assets of CA$22.09K can fund 10 days of operations without new revenue. For the complete balance sheet picture, see XRTX current and non-current assets.
Annual Defensive Interval Ratio for XORTX Therapeutics Inc (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for XORTX Therapeutics Inc from 2017 to 2024, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See XORTX Therapeutics Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 8 days | CA$17.64K | CA$2.08K/day | CA$- | CA$- | ▼ -18 days |
| 2023 | 27 days | CA$60.71K | CA$2.26K/day | CA$- | CA$- | ▲ +12 days |
| 2022 | 15 days | CA$81.75K | CA$5.62K/day | CA$- | CA$- | ▼ -7 days |
| 2021 | 21 days | CA$40.65K | CA$1.92K/day | CA$- | CA$- | ▲ +17 days |
| 2020 | 4 days | CA$11.25K | CA$2.83K/day | CA$- | CA$- | ▲ +1 days |
| 2019 | 3 days | CA$8.97K | CA$3.56K/day | CA$- | CA$- | ▼ -10 days |
| 2018 | 12 days | CA$30.26K | CA$2.47K/day | CA$- | CA$- | ▲ +12 days |
| 2017 | 1 days | CA$1.61K | CA$3.04K/day | CA$- | CA$- | — |