Happy Forgings Limited Defensive Interval Ratio
Happy Forgings Limited defensive interval ratio. Happy Forgings Limited (HAPPYFORGE) has a Defensive Interval Ratio of 668 days as of September 2025. Defensive assets of Rs5.51 Billion (cash Rs-, short-term investments Rs1.71 Billion, receivables Rs3.80 Billion) cover 668 days of daily cash needs of Rs8.25 Million/day. See Happy Forgings Limited (HAPPYFORGE) liquidity to equity 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 Happy Forgings Limited (2019–2024)
Defensive interval ratio of Happy Forgings Limited from 2019 to 2024. This chart shows how Happy Forgings Limited's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 668 days, meaning defensive assets of Rs5.51 Billion can fund 668 days of operations without new revenue. Read Happy Forgings Limited (HAPPYFORGE) total liabilities for a breakdown of total debt and financial obligations.
Happy Forgings Limited Defensive Interval Ratio by Year (2019–2024)
Happy Forgings Limited defensive interval ratio by year from 2019 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Happy Forgings Limited from 2019 to 2024, covering 6 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 Happy Forgings Limited assets under control.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 530 days | Rs4.74 Billion | Rs8.94 Million/day | Rs- | Rs474.95 Million | ▼ -212 days |
| 2023 | 743 days | Rs4.92 Billion | Rs6.63 Million/day | Rs- | Rs1.21 Billion | ▲ +303 days |
| 2022 | 440 days | Rs3.09 Billion | Rs7.03 Million/day | Rs- | Rs3.28 Million | ▲ +100 days |
| 2021 | 339 days | Rs2.28 Billion | Rs6.72 Million/day | Rs- | Rs14.40 Million | ▼ -62 days |
| 2020 | 402 days | Rs1.99 Billion | Rs4.96 Million/day | Rs- | Rs248.96 Million | ▼ -99 days |
| 2019 | 501 days | Rs1.76 Billion | Rs3.53 Million/day | Rs- | Rs385.96 Million | — |