Finance · Cash flow · Component

The runway

How long the organisation survives at current burn — a number someone should know without calculating it.

The deliverable

What it is

Runway is a simple calculation that is frequently unknown, because it requires deciding what counts as available cash and what counts as burn.

The useful version is conservative: cash that is genuinely accessible, and burn that includes everything committed.

One level in

What it is made of

Each element is a constituent part of the component. Follow one to see the attributes it carries.

  1. The burn

    Net cash consumed per period.

    3 attributes: Net burn · Averaged over · Trend

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  2. The available cash

    What can actually be spent, as distinct from what appears on the balance sheet.

    3 attributes: Available · Restricted · Facility conditions

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  3. The decision points

    The dates at which decisions must be taken, working backwards from the runway.

    3 attributes: Decision date · Decision · Lead time

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Knowing the runway is not enough. Work backwards to the decision points, or the decision arrives too late.