Fino Payments Bank Limited (FINOPB) — Defensive Interval Ratio

Latest as of March 2024: 2 days

Fino Payments Bank Limited (FINOPB) has a Defensive Interval Ratio of 2 days as of March 2024. Defensive assets of Rs68.10 Million (cash Rs-, short-term investments Rs-, receivables Rs68.10 Million) cover 2 days of daily cash needs of Rs38.75 Million/day. Check Fino Payments Bank Limited (FINOPB) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

Rs68.10 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs38.75 Million
Current Liabilities ÷ 365

Current Liabilities

Rs14.14 Billion
INR

Fino Payments Bank Limited Defensive Interval Ratio (2019–2025)

This chart shows how Fino Payments Bank Limited's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2024, the ratio stands at 2 days, meaning defensive assets of Rs68.10 Million can fund 2 days of operations without new revenue. Also explore Fino Payments Bank Limited annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Fino Payments Bank Limited (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Fino Payments Bank Limited from 2019 to 2025, covering 7 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 how much is Fino Payments Bank Limited worth.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 4 days Rs216.68 Million Rs53.14 Million/day Rs- Rs- ▲ +57 days
2024 -53 days Rs-3.09 Billion Rs58.25 Million/day Rs- Rs-3.16 Billion ▲ +212150 days
2023 -212203 days Rs-2.10 Billion Rs9.89K/day Rs- Rs-2.15 Billion ▲ +1995999 days
2022 -2208203 days Rs-2.10 Billion Rs950.68/day Rs- Rs-2.14 Billion ▼ -737804 days
2021 -1470399 days Rs-805.70 Million Rs547.95/day Rs- Rs-819.30 Million ▼ -295336 days
2020 -1175063 days Rs-1.19 Billion Rs1.01K/day Rs- Rs-1.20 Billion ▲ +98623 days
2019 -1273686 days Rs-1.40 Billion Rs1.10K/day Rs- Rs-1.41 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)