Bharat Electronics Limited (BEL_old) — Defensive Interval Ratio

Latest as of March 2024: 291 days

Bharat Electronics Limited (BEL_old) has a Defensive Interval Ratio of 291 days as of March 2024. Defensive assets of Rs175.38 Billion (cash Rs-, short-term investments Rs101.45 Billion, receivables Rs73.94 Billion) cover 291 days of daily cash needs of Rs603.47 Million/day. Check BEL_old intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

291 days
Days of operational coverage

Defensive Assets

Rs175.38 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs603.47 Million
Current Liabilities ÷ 365

Current Liabilities

Rs220.27 Billion
INR

Bharat Electronics Limited Defensive Interval Ratio (2004–2024)

This chart shows how Bharat Electronics Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2004 to 2024. As of March 2024, the ratio stands at 291 days, meaning defensive assets of Rs175.38 Billion can fund 291 days of operations without new revenue. Also explore how fast is Bharat Electronics Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Bharat Electronics Limited (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for Bharat Electronics Limited from 2004 to 2024, covering 21 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 Bharat Electronics Limited market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2024 291 days Rs175.38 Billion Rs603.47 Million/day Rs- Rs101.45 Billion ▲ +11 days
2023 280 days Rs157.53 Billion Rs563.45 Million/day Rs- Rs153.50 Billion ▼ -100 days
2022 380 days Rs203.89 Billion Rs536.47 Million/day Rs- Rs62.64 Billion ▲ +40 days
2021 340 days Rs156.94 Billion Rs461.15 Million/day Rs- Rs20.44 Billion ▼ -33 days
2020 373 days Rs131.47 Billion Rs352.49 Million/day Rs- Rs556.10 Million ▲ +1 days
2019 372 days Rs106.39 Billion Rs286.27 Million/day Rs- Rs1.65 Billion ▲ +43 days
2018 329 days Rs88.83 Billion Rs270.35 Million/day Rs- Rs491.30 Million ▲ +60 days
2017 268 days Rs64.27 Billion Rs239.69 Million/day Rs- Rs10.68 Billion ▼ -108 days
2016 376 days Rs91.07 Billion Rs242.18 Million/day Rs- Rs48.68 Billion ▼ -64 days
2015 440 days Rs83.97 Billion Rs190.85 Million/day Rs- Rs38.67 Billion ▲ +23 days
2014 417 days Rs81.93 Billion Rs196.34 Million/day Rs- Rs28.19 Billion ▲ +28 days
2013 389 days Rs83.30 Billion Rs214.09 Million/day Rs- Rs35.22 Billion ▲ +277 days
2012 112 days Rs27.17 Billion Rs241.85 Million/day Rs- Rs- ▼ -18 days
2011 130 days Rs29.19 Billion Rs224.33 Million/day Rs- Rs- ▼ -30 days
2010 160 days Rs21.95 Billion Rs137.11 Million/day Rs- Rs- ▼ -16 days
2009 177 days Rs22.96 Billion Rs130.06 Million/day Rs- Rs- ▼ -26 days
2008 203 days Rs20.82 Billion Rs102.58 Million/day Rs- Rs- ▲ +14 days
2007 189 days Rs17.03 Billion Rs90.03 Million/day Rs- Rs- ▲ +70 days
2006 119 days Rs10.38 Billion Rs87.01 Million/day Rs- Rs- ▲ +25 days
2005 94 days Rs7.10 Billion Rs75.51 Million/day Rs- Rs- ▲ +6 days
2004 88 days Rs6.83 Billion Rs77.79 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)