Happiest Minds Technologies Limited Defensive Interval Ratio
Happiest Minds Technologies Limited defensive interval ratio. Happiest Minds Technologies Limited (HAPPSTMNDS) has a Defensive Interval Ratio of 104 days as of December 2025. Defensive assets of Rs3.43 Billion (cash Rs-, short-term investments Rs-, receivables Rs3.43 Billion) cover 104 days of daily cash needs of Rs33.14 Million/day. See HAPPSTMNDS working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Happiest Minds Technologies Limited (2013–2025)
Defensive interval ratio of Happiest Minds Technologies Limited from 2013 to 2025. This chart shows how Happiest Minds Technologies Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 104 days, meaning defensive assets of Rs3.43 Billion can fund 104 days of operations without new revenue. Check financial resilience of Happiest Minds Technologies Limited to evaluate the company's liquid asset resilience ratio.
Happiest Minds Technologies Limited Defensive Interval Ratio by Year (2013–2025)
Happiest Minds Technologies Limited defensive interval ratio by year from 2013 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Happiest Minds Technologies Limited from 2013 to 2025, covering 13 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 the complete balance sheet picture, see HAPPSTMNDS total asset value.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 273 days | Rs9.05 Billion | Rs33.09 Million/day | Rs- | Rs5.47 Billion | ▼ -692 days |
| 2024 | 965 days | Rs14.99 Billion | Rs15.53 Million/day | Rs- | Rs11.13 Billion | ▲ +460 days |
| 2023 | 505 days | Rs7.97 Billion | Rs15.79 Million/day | Rs- | Rs4.62 Billion | ▼ -325 days |
| 2022 | 830 days | Rs8.29 Billion | Rs9.99 Million/day | Rs- | Rs5.55 Billion | ▲ +31 days |
| 2021 | 799 days | Rs6.10 Billion | Rs7.64 Million/day | Rs- | Rs4.21 Billion | ▲ +204 days |
| 2020 | 595 days | Rs3.45 Billion | Rs5.80 Million/day | Rs- | Rs1.85 Billion | ▲ +376 days |
| 2019 | 219 days | Rs2.59 Billion | Rs11.84 Million/day | Rs- | Rs1.12 Billion | ▲ +13 days |
| 2018 | 206 days | Rs2.42 Billion | Rs11.74 Million/day | Rs- | Rs1.39 Billion | ▼ -772 days |
| 2017 | 978 days | Rs2.58 Billion | Rs2.63 Million/day | Rs- | Rs1.55 Billion | ▲ +252 days |
| 2016 | 726 days | Rs1.58 Billion | Rs2.18 Million/day | Rs- | Rs697.50 Million | ▼ -223 days |
| 2015 | 949 days | Rs1.45 Billion | Rs1.52 Million/day | Rs- | Rs680.79 Million | ▼ -192 days |
| 2014 | 1141 days | Rs1.08 Billion | Rs950.52K/day | Rs- | Rs505.14 Million | ▲ +403 days |
| 2013 | 738 days | Rs468.40 Million | Rs634.70K/day | Rs- | Rs208.10 Million | — |