Abans Holdings Limited (AHL) — Defensive Interval Ratio

Latest as of September 2024: 411 days

Abans Holdings Limited (AHL) has a Defensive Interval Ratio of 411 days as of September 2024. Defensive assets of Rs21.61 Billion (cash Rs-, short-term investments Rs19.63 Billion, receivables Rs1.98 Billion) cover 411 days of daily cash needs of Rs52.54 Million/day. Check tangible net worth ratio of Abans Holdings Limited to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

411 days
Days of operational coverage

Defensive Assets

Rs21.61 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs52.54 Million
Current Liabilities ÷ 365

Current Liabilities

Rs19.18 Billion
INR

Abans Holdings Limited Defensive Interval Ratio (2018–2024)

This chart shows how Abans Holdings Limited's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2024, the ratio stands at 411 days, meaning defensive assets of Rs21.61 Billion can fund 411 days of operations without new revenue. Also explore net asset growth rate of Abans Holdings Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Abans Holdings Limited (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Abans Holdings Limited from 2018 to 2024, covering 7 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 AHL stock market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2024 111 days Rs5.10 Billion Rs45.98 Million/day Rs- Rs2.89 Billion ▼ -441 days
2023 552 days Rs12.81 Billion Rs23.22 Million/day Rs- Rs8.54 Billion ▲ +256 days
2022 296 days Rs3.20 Billion Rs10.79 Million/day Rs- Rs90.69 Million ▼ -104 days
2021 401 days Rs3.48 Billion Rs8.68 Million/day Rs- Rs16.34 Million ▲ +5 days
2020 395 days Rs4.82 Billion Rs12.19 Million/day Rs- Rs2.31 Million ▲ +224 days
2019 171 days Rs2.95 Billion Rs17.25 Million/day Rs- Rs594.39 Million ▼ -304 days
2018 475 days Rs1.99 Billion Rs4.18 Million/day Rs- Rs16.46 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)