CARE Ratings Limited (CARERATING) — Defensive Interval Ratio
CARE Ratings Limited (CARERATING) has a Defensive Interval Ratio of 3025 days as of September 2025. Defensive assets of Rs9.90 Billion (cash Rs2.87 Billion, short-term investments Rs6.21 Billion, receivables Rs820.36 Million) cover 3025 days of daily cash needs of Rs3.27 Million/day. Check tangible net worth ratio of CARE Ratings Limited to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
CARE Ratings Limited Defensive Interval Ratio (2008–2025)
This chart shows how CARE Ratings Limited's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of September 2025, the ratio stands at 3025 days, meaning defensive assets of Rs9.90 Billion can fund 3025 days of operations without new revenue. Also explore CARE Ratings Limited equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for CARE Ratings Limited (2008–2025)
The table below presents the year-by-year Defensive Interval Ratio for CARE Ratings Limited from 2008 to 2025, covering 18 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 market cap of CARE Ratings Limited.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 2415 days | Rs6.47 Billion | Rs2.68 Million/day | Rs164.29 Million | Rs5.92 Billion | ▼ -494 days |
| 2024 | 2909 days | Rs6.27 Billion | Rs2.16 Million/day | Rs70.56 Million | Rs5.88 Billion | ▼ -552 days |
| 2023 | 3461 days | Rs5.48 Billion | Rs1.58 Million/day | Rs121.08 Million | Rs5.15 Billion | ▼ -377 days |
| 2022 | 3838 days | Rs5.39 Billion | Rs1.40 Million/day | Rs109.73 Million | Rs5.03 Billion | ▲ +1467 days |
| 2021 | 2371 days | Rs3.44 Billion | Rs1.45 Million/day | Rs2.82 Billion | Rs180.78 Million | ▲ +20 days |
| 2020 | 2351 days | Rs3.85 Billion | Rs1.64 Million/day | Rs1.13 Billion | Rs2.19 Billion | ▲ +239 days |
| 2019 | 2112 days | Rs2.83 Billion | Rs1.34 Million/day | Rs289.72 Million | Rs1.99 Billion | ▼ -554 days |
| 2018 | 2666 days | Rs3.62 Billion | Rs1.36 Million/day | Rs286.43 Million | Rs2.89 Billion | ▼ -517 days |
| 2017 | 3183 days | Rs4.28 Billion | Rs1.34 Million/day | Rs135.47 Million | Rs3.85 Billion | ▲ +1637 days |
| 2016 | 1546 days | Rs2.11 Billion | Rs1.37 Million/day | Rs- | Rs1.80 Billion | ▲ +768 days |
| 2015 | 777 days | Rs1.67 Billion | Rs2.15 Million/day | Rs- | Rs1.49 Billion | ▼ -433 days |
| 2014 | 1210 days | Rs2.88 Billion | Rs2.38 Million/day | Rs- | Rs2.68 Billion | ▼ -73 days |
| 2013 | 1283 days | Rs2.64 Billion | Rs2.06 Million/day | Rs- | Rs2.38 Billion | ▼ -247 days |
| 2012 | 1530 days | Rs1.95 Billion | Rs1.27 Million/day | Rs- | Rs1.75 Billion | ▼ -636 days |
| 2011 | 2166 days | Rs2.18 Billion | Rs1.01 Million/day | Rs- | Rs2.06 Billion | ▲ +1154 days |
| 2010 | 1012 days | Rs762.76 Million | Rs754.03K/day | Rs- | Rs688.92 Million | ▼ -848 days |
| 2009 | 1860 days | Rs1.08 Billion | Rs578.68K/day | Rs- | Rs1.02 Billion | ▲ +903 days |
| 2008 | 957 days | Rs448.98 Million | Rs469.07K/day | Rs- | Rs391.02 Million | — |