BALAXI PHARMACEUTICALS LIMITED (BALAXI) — Defensive Interval Ratio

Latest as of March 2026: 1486 days

BALAXI PHARMACEUTICALS LIMITED (BALAXI) has a Defensive Interval Ratio of 1486 days as of March 2026. Defensive assets of Rs1.36 Billion (cash Rs-, short-term investments Rs-, receivables Rs1.36 Billion) cover 1486 days of daily cash needs of Rs916.07K/day.

Defensive Interval Ratio

1486 days
Days of operational coverage

Defensive Assets

Rs1.36 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs916.07K
Current Liabilities ÷ 365

Current Liabilities

Rs334.37 Million
INR

BALAXI PHARMACEUTICALS LIMITED Defensive Interval Ratio (2013–2026)

This chart shows how BALAXI PHARMACEUTICALS LIMITED's Defensive Interval Ratio has evolved across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 1486 days, meaning defensive assets of Rs1.36 Billion can fund 1486 days of operations without new revenue. For the complete balance sheet picture, see BALAXI current and non-current assets.

Annual Defensive Interval Ratio for BALAXI PHARMACEUTICALS LIMITED (2013–2026)

The table below presents the year-by-year Defensive Interval Ratio for BALAXI PHARMACEUTICALS LIMITED from 2013 to 2026, covering 14 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See BALAXI PHARMACEUTICALS LIMITED (BALAXI) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 1486 days Rs1.36 Billion Rs916.07K/day Rs- Rs- ▲ +735 days
2025 750 days Rs1.12 Billion Rs1.49 Million/day Rs- Rs13.04 Million ▲ +375 days
2024 375 days Rs557.05 Million Rs1.48 Million/day Rs- Rs1.00K ▼ -1661 days
2023 2036 days Rs2.96 Billion Rs1.46 Million/day Rs- Rs2.44 Billion ▲ +1835 days
2022 202 days Rs349.36 Million Rs1.73 Million/day Rs71.93 Million Rs1.84 Million ▼ -606 days
2021 808 days Rs767.59 Million Rs950.48K/day Rs- Rs- ▼ -690 days
2020 1497 days Rs337.30 Million Rs225.25K/day Rs40.01 Million Rs0.00 ▲ +706 days
2019 791 days Rs56.07 Million Rs70.88K/day Rs1.33 Million Rs0.00 ▲ +791 days
2018 0 days Rs0.00 Rs3.62K/day Rs- Rs0.00 ▲ +2 days
2017 -2 days Rs-11.50K Rs5.96K/day Rs- Rs-11.50K ▼ -190 days
2016 188 days Rs21.74K Rs115.39/day Rs- Rs1.47K ▼ -371 days
2015 560 days Rs70.02K Rs125.06/day Rs- Rs250.00 ▲ +299 days
2014 261 days Rs3.03 Million Rs11.62K/day Rs- Rs148.09K ▲ +233 days
2013 28 days Rs372.37K Rs13.32K/day Rs- Rs25.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)