Essar Shipping Limited (ESSARSHPNG) — Defensive Interval Ratio

Latest as of September 2025: 6 days

Essar Shipping Limited (ESSARSHPNG) has a Defensive Interval Ratio of 6 days as of September 2025. Defensive assets of Rs192.40 Million (cash Rs52.60 Million, short-term investments Rs400.00K, receivables Rs139.40 Million) cover 6 days of daily cash needs of Rs31.36 Million/day. See ESSARSHPNG working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

Rs192.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs31.36 Million
Current Liabilities ÷ 365

Current Liabilities

Rs11.45 Billion
INR

Essar Shipping Limited Defensive Interval Ratio (2011–2025)

This chart shows how Essar Shipping Limited's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of September 2025, the ratio stands at 6 days, meaning defensive assets of Rs192.40 Million can fund 6 days of operations without new revenue. See ESSARSHPNG equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Essar Shipping Limited (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Essar Shipping Limited from 2011 to 2025, covering 15 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 Essar Shipping Limited.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 5 days Rs173.10 Million Rs34.89 Million/day Rs- Rs21.80 Million ▼ -95 days
2024 100 days Rs8.09 Billion Rs81.15 Million/day Rs- Rs11.30 Million ▼ -1 days
2023 100 days Rs9.00 Billion Rs89.64 Million/day Rs- Rs17.10 Million ▲ +19 days
2022 81 days Rs9.23 Billion Rs113.36 Million/day Rs74.30 Million Rs16.10 Million ▲ +6 days
2021 76 days Rs10.15 Billion Rs133.97 Million/day Rs- Rs62.30 Million ▼ -8 days
2020 84 days Rs9.92 Billion Rs118.64 Million/day Rs- Rs62.30 Million ▲ +68 days
2019 16 days Rs1.87 Billion Rs117.98 Million/day Rs- Rs100.00K ▼ -124 days
2018 140 days Rs16.60 Billion Rs118.59 Million/day Rs- Rs15.03 Billion ▼ -50 days
2017 190 days Rs31.51 Billion Rs166.18 Million/day Rs- Rs20.44 Billion ▲ +148 days
2016 41 days Rs4.15 Billion Rs100.84 Million/day Rs- Rs434.50 Million ▼ -90 days
2015 131 days Rs14.41 Billion Rs109.95 Million/day Rs- Rs1.00 Million ▲ +80 days
2014 51 days Rs3.50 Billion Rs68.82 Million/day Rs- Rs1.00 Million ▼ -30 days
2013 81 days Rs4.29 Billion Rs53.26 Million/day Rs- Rs1.00 Million ▼ -269 days
2012 350 days Rs15.77 Billion Rs45.09 Million/day Rs- Rs- ▼ -312 days
2011 662 days Rs10.52 Billion Rs15.89 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)