XORTX Therapeutics Inc Defensive Interval Ratio
XORTX Therapeutics Inc 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. See XORTX Therapeutics Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of XORTX Therapeutics Inc (2017–2024)
Defensive interval ratio of XORTX Therapeutics Inc from 2017 to 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. Read how much debt does XORTX Therapeutics Inc carry for a breakdown of total debt and financial obligations.
XORTX Therapeutics Inc Defensive Interval Ratio by Year (2017–2024)
XORTX Therapeutics Inc defensive interval ratio by year from 2017 to 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. For the complete balance sheet picture, see XORTX Therapeutics Inc (XRTX) total assets.
| 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$- | — |