Bank of India (BANKINDIA) — Defensive Interval Ratio

Latest as of March 2024: 63 days

Bank of India (BANKINDIA) has a Defensive Interval Ratio of 63 days as of March 2024. Defensive assets of Rs486.33 Billion (cash Rs-, short-term investments Rs-, receivables Rs486.33 Billion) cover 63 days of daily cash needs of Rs7.66 Billion/day. Check tangible equity quality of Bank of India to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

63 days
Days of operational coverage

Defensive Assets

Rs486.33 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs7.66 Billion
Current Liabilities ÷ 365

Current Liabilities

Rs2.80 Trillion
INR

Bank of India Defensive Interval Ratio (2013–2025)

This chart shows how Bank of India's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2024, the ratio stands at 63 days, meaning defensive assets of Rs486.33 Billion can fund 63 days of operations without new revenue. Also explore BANKINDIA year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Bank of India (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Bank of India from 2013 to 2025, covering 13 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 Bank of India stock valuation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 22 days Rs502.94 Billion Rs22.56 Billion/day Rs- Rs- ▼ -344 days
2024 366 days Rs2.81 Trillion Rs7.66 Billion/day Rs- Rs2.32 Trillion ▲ +704 days
2023 -337 days Rs-23.71 Billion Rs70.28 Million/day Rs- Rs-422.14 Billion ▲ +4582 days
2022 -4919 days Rs-236.02 Billion Rs47.98 Million/day Rs- Rs-439.26 Billion ▲ +5134 days
2021 -10053 days Rs-453.83 Billion Rs45.14 Million/day Rs- Rs-576.10 Billion ▼ -7453 days
2020 -2600 days Rs-139.30 Billion Rs53.57 Million/day Rs- Rs-262.03 Billion ▼ -565 days
2019 -2035 days Rs-113.47 Billion Rs55.75 Million/day Rs- Rs-268.45 Billion ▼ -10128 days
2018 8092 days Rs480.14 Billion Rs59.33 Million/day Rs- Rs- ▼ -625 days
2017 8717 days Rs575.33 Billion Rs66.00 Million/day Rs- Rs- ▲ +200 days
2016 8517 days Rs534.08 Billion Rs62.71 Million/day Rs- Rs- ▲ +108 days
2015 8409 days Rs618.87 Billion Rs73.60 Million/day Rs- Rs- ▼ -3768 days
2014 12177 days Rs618.81 Billion Rs50.82 Million/day Rs- Rs- ▼ -724 days
2013 12901 days Rs531.55 Billion Rs41.20 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)