Go Digit General Insurance Ltd (GODIGIT) — Defensive Interval Ratio

Latest as of March 2023: 2515 days

Go Digit General Insurance Ltd (GODIGIT) has a Defensive Interval Ratio of 2515 days as of March 2023. Defensive assets of Rs12.90 Billion (cash Rs-, short-term investments Rs12.90 Billion, receivables Rs-) cover 2515 days of daily cash needs of Rs5.13 Million/day. Check Go Digit General Insurance Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2515 days
Days of operational coverage

Defensive Assets

Rs12.90 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs5.13 Million
Current Liabilities ÷ 365

Current Liabilities

Rs1.87 Billion
INR

Go Digit General Insurance Ltd Defensive Interval Ratio (2021–2023)

This chart shows how Go Digit General Insurance Ltd's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2023, the ratio stands at 2515 days, meaning defensive assets of Rs12.90 Billion can fund 2515 days of operations without new revenue. Also explore Go Digit General Insurance Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Go Digit General Insurance Ltd (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for Go Digit General Insurance Ltd from 2021 to 2023, covering 3 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 GODIGIT stock market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2023 2515 days Rs12.90 Billion Rs5.13 Million/day Rs- Rs12.90 Billion ▼ -1963 days
2022 4479 days Rs27.52 Billion Rs6.15 Million/day Rs- Rs27.52 Billion ▲ +667 days
2021 3812 days Rs11.97 Billion Rs3.14 Million/day Rs- Rs11.97 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)