Axis Bank Ltd GDR (AXB) — Defensive Interval Ratio

Latest as of March 2023: 16 days

Axis Bank Ltd GDR (AXB) has a Defensive Interval Ratio of 16 days as of March 2023. Defensive assets of $425.90 Billion (cash $-, short-term investments $-, receivables $425.90 Billion) cover 16 days of daily cash needs of $25.91 Billion/day. Check Axis Bank Ltd GDR (AXB) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

16 days
Days of operational coverage

Defensive Assets

$425.90 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$25.91 Billion
Current Liabilities ÷ 365

Current Liabilities

$9.46 Trillion
USD

Axis Bank Ltd GDR Defensive Interval Ratio (2023–2023)

This chart shows how Axis Bank Ltd GDR's Defensive Interval Ratio has evolved across 1 annual periods from 2023 to 2023. As of March 2023, the ratio stands at 16 days, meaning defensive assets of $425.90 Billion can fund 16 days of operations without new revenue. Also explore how fast is Axis Bank Ltd GDR growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Axis Bank Ltd GDR (2023–2023)

The table below presents the year-by-year Defensive Interval Ratio for Axis Bank Ltd GDR from 2023 to 2023, covering 1 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 live market cap and the full company financial profile, see Axis Bank Ltd GDR stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 16 days $425.90 Billion $25.91 Billion/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)