General Insurance Corporation of India (GICRE) — Defensive Interval Ratio

Latest as of March 2024: 51 days

General Insurance Corporation of India (GICRE) has a Defensive Interval Ratio of 51 days as of March 2024. Defensive assets of Rs112.67 Billion (cash Rs-, short-term investments Rs1.52 Billion, receivables Rs111.15 Billion) cover 51 days of daily cash needs of Rs2.20 Billion/day. Check GICRE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

51 days
Days of operational coverage

Defensive Assets

Rs112.67 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs2.20 Billion
Current Liabilities ÷ 365

Current Liabilities

Rs803.42 Billion
INR

General Insurance Corporation of India Defensive Interval Ratio (2014–2025)

This chart shows how General Insurance Corporation of India's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2024, the ratio stands at 51 days, meaning defensive assets of Rs112.67 Billion can fund 51 days of operations without new revenue. Also explore General Insurance Corporation of India (GICRE) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for General Insurance Corporation of India (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for General Insurance Corporation of India from 2014 to 2025, covering 12 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 GICRE stock market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 62 days Rs147.65 Billion Rs2.36 Billion/day Rs10.37 Billion Rs8.22 Billion ▲ +4 days
2024 59 days Rs129.66 Billion Rs2.20 Billion/day Rs6.98 Billion Rs11.53 Billion ▼ -7 days
2023 66 days Rs138.26 Billion Rs2.09 Billion/day Rs8.08 Billion Rs8.73 Billion ▼ -1323 days
2022 1389 days Rs154.21 Billion Rs111.04 Million/day Rs3.71 Billion Rs5.00 Billion ▲ +928 days
2021 461 days Rs42.01 Billion Rs91.21 Million/day Rs10.14 Billion Rs14.09 Billion ▲ +20 days
2020 441 days Rs51.08 Billion Rs115.81 Million/day Rs14.94 Billion Rs23.26 Billion ▲ +108 days
2019 333 days Rs38.07 Billion Rs114.40 Million/day Rs14.97 Billion Rs20.68 Billion ▼ -275 days
2018 608 days Rs49.24 Billion Rs80.96 Million/day Rs30.16 Billion Rs18.23 Billion ▼ -228 days
2017 836 days Rs42.58 Billion Rs50.91 Million/day Rs21.68 Billion Rs19.55 Billion ▲ +346 days
2016 491 days Rs26.07 Billion Rs53.13 Million/day Rs- Rs25.89 Billion ▲ +309 days
2015 181 days Rs8.10 Billion Rs44.73 Million/day Rs- Rs4.70 Billion ▲ +81 days
2014 100 days Rs4.47 Billion Rs44.74 Million/day Rs- Rs3.50 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)