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Treasury planning

Treasury Cash Runway Calculator

A treasury can look well funded while recurring expenses consume its liquid cash faster than expected. This calculator turns an available cash balance and constant monthly receipts and payments into a simple runway scenario. It is useful for a small crypto business, research project, or operating treasury that needs a transparent first budget check. All amounts should be in one reporting currency and represent usable cash; a token balance that cannot be sold or withdrawn is not automatically spendable runway.

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Follow the cash balance through time

Let C₀ be initial available cash, R monthly cash receipts, and E monthly cash expenses. Constant monthly net burn is B = E − R. The scenario balance after m months is Cₘ = C₀ − mB. When B is positive, fractional depletion time is C₀/B months. When B is zero or negative, the model does not produce a finite cash-depletion date under unchanged assumptions. The displayed horizon is limited to 1,200 months. For a minimum reserve K below current cash, time to that threshold is (C₀ − K)/B when burn is positive; cash already at or below reserve has zero buffer time.

A revenue change with a visible effect

With 90,000 of cash, monthly receipts of 5,000, and expenses of 20,000, net burn is 15,000 and runway is six months. After three months, the constant-flow balance is 45,000. If receipts instead rise to 8,000 from the outset, burn becomes 12,000 and runway becomes 7.5 months. The example changes one constant assumption; it does not claim that future revenue will actually grow.

Cash timing can matter before month end

A fractional month assumes cash use is smooth enough to interpolate, while payroll, tax, and supplier bills may arrive in large steps. Receivables are not cash until collected, and reserved or pledged funds may not be available for operations. This basic model excludes changing exchange rates, treasury asset returns, new financing, and one-off liabilities. Reconcile those separately before relying on a balance path. Extending a scenario horizon does not create additional financing or make a cash-flow assumption more certain. Negative balances in the displayed path identify financing gaps and are not spendable funds.

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