Equitas Small Finance Bank Limited (EQUITASBNK) — Defensive Interval Ratio

Latest as of March 2024: 270 days

Equitas Small Finance Bank Limited (EQUITASBNK) has a Defensive Interval Ratio of 270 days as of March 2024. Defensive assets of Rs4.83 Billion (cash Rs-, short-term investments Rs-, receivables Rs4.83 Billion) cover 270 days of daily cash needs of Rs17.85 Million/day. Check Equitas Small Finance Bank Limited (EQUITASBNK) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

270 days
Days of operational coverage

Defensive Assets

Rs4.83 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs17.85 Million
Current Liabilities ÷ 365

Current Liabilities

Rs6.52 Billion
INR

Equitas Small Finance Bank Limited Defensive Interval Ratio (2017–2025)

This chart shows how Equitas Small Finance Bank Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2024, the ratio stands at 270 days, meaning defensive assets of Rs4.83 Billion can fund 270 days of operations without new revenue. Also explore how fast is Equitas Small Finance Bank Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Equitas Small Finance Bank Limited (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Equitas Small Finance Bank Limited from 2017 to 2025, covering 9 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 Equitas Small Finance Bank Limited.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 5 days Rs6.23 Billion Rs1.19 Billion/day Rs- Rs- ▼ -265 days
2024 270 days Rs4.83 Billion Rs17.85 Million/day Rs- Rs- ▲ +801 days
2023 -531 days Rs-5.46 Billion Rs10.28 Million/day Rs- Rs-10.51 Billion ▲ +5318 days
2022 -5848 days Rs-14.67 Billion Rs2.51 Million/day Rs- Rs-19.16 Billion ▼ -12981 days
2021 7133 days Rs27.04 Billion Rs3.79 Million/day Rs- Rs23.68 Billion ▲ +7166 days
2020 -33 days Rs-117.36 Million Rs3.53 Million/day Rs- Rs-2.42 Billion ▼ -253 days
2019 219 days Rs892.67 Million Rs4.07 Million/day Rs- Rs-570.20 Million ▼ -30 days
2018 249 days Rs1.16 Billion Rs4.63 Million/day Rs- Rs- ▼ -4303 days
2017 4552 days Rs59.22 Billion Rs13.01 Million/day Rs- Rs-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)