Cash runway — takes the slot above for a company with no debt and no profit

One of the 61 measures in Stock Scorer, under Resilience — Can the balance sheet absorb a bad year?

How it is worked out

Net cash ÷ the annual rate at which free cash flow is negative

Years the cash lasts at the current rate of burn. Used only for a company with no debt and no profit, where interest cover has nothing to say.

How to read it

1 year earns a 1, 8 years a 10

Which figures it needs

Computed from 6 figures taken from the filing:

ocf
capex
cash
short_term_investments
debt_long
debt_short

The XBRL tags behind it

These are the element names looked for in a filing, in order. The first one a company reports is the one used, and the company page names which it was — so any figure here can be checked against the filing it came from.

NetCashProvidedByUsedInOperatingActivities
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
CashFlowsFromUsedInOperatingActivities
CashFlowsFromUsedInOperatingActivitiesContinuingOperations
PaymentsToAcquirePropertyPlantAndEquipment
PaymentsToAcquireProductiveAssets
PaymentsToAcquirePropertyPlantAndEquipmentExcludingInterestCapitalized
PaymentsToAcquireOtherPropertyPlantAndEquipment
PaymentsToAcquireOtherProductiveAssets
PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
CashAndCashEquivalentsAtCarryingValue
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
CashAndCashEquivalents
ShortTermInvestments
AvailableForSaleSecuritiesDebtSecuritiesCurrent
MarketableSecuritiesCurrent
OtherShortTermInvestments
OtherCurrentFinancialAssets
LongTermDebtAndCapitalLeaseObligations
LongTermDebtNoncurrent
LongTermDebt
NotesPayableNoncurrent
LongTermDebtAndCapitalLeaseObligationsCurrent
LongTermDebtCurrent
DebtCurrent
ShortTermBorrowings
NotesPayableCurrent

Whether it counts

This measure is counted in Resilience by default. It can be taken out on the dashboard, and the dimension is then measured over whatever is left.