The Hi-Tech Gears Limited (HITECHGEAR) — Defensive Interval Ratio

Latest as of September 2025: 444 days

The Hi-Tech Gears Limited (HITECHGEAR) has a Defensive Interval Ratio of 444 days as of September 2025. Defensive assets of Rs2.30 Billion (cash Rs303.99 Million, short-term investments Rs290.12 Million, receivables Rs1.70 Billion) cover 444 days of daily cash needs of Rs5.17 Million/day. Check tangible net worth ratio of The Hi-Tech Gears Limited to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

444 days
Days of operational coverage

Defensive Assets

Rs2.30 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs5.17 Million
Current Liabilities ÷ 365

Current Liabilities

Rs1.89 Billion
INR

The Hi-Tech Gears Limited Defensive Interval Ratio (2006–2025)

This chart shows how The Hi-Tech Gears Limited's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 444 days, meaning defensive assets of Rs2.30 Billion can fund 444 days of operations without new revenue. Also explore net asset growth rate of The Hi-Tech Gears Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for The Hi-Tech Gears Limited (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for The Hi-Tech Gears Limited from 2006 to 2025, covering 20 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 The Hi-Tech Gears Limited market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 354 days Rs1.80 Billion Rs5.07 Million/day Rs34.20 Million Rs229.08 Million ▲ +51 days
2024 304 days Rs2.44 Billion Rs8.05 Million/day Rs20.01 Million Rs390.44 Million ▲ +54 days
2023 250 days Rs2.62 Billion Rs10.51 Million/day Rs96.59 Million Rs362.79 Million ▲ +19 days
2022 231 days Rs2.16 Billion Rs9.37 Million/day Rs214.85 Million Rs253.71 Million ▼ -48 days
2021 279 days Rs2.00 Billion Rs7.15 Million/day Rs348.76 Million Rs160.31 Million ▲ +30 days
2020 249 days Rs1.33 Billion Rs5.34 Million/day Rs125.45 Million Rs295.11 Million ▼ -47 days
2019 296 days Rs2.19 Billion Rs7.40 Million/day Rs301.09 Million Rs122.92 Million ▼ -28 days
2018 324 days Rs1.76 Billion Rs5.44 Million/day Rs- Rs155.37 Million ▲ +145 days
2017 180 days Rs1.12 Billion Rs6.22 Million/day Rs- Rs60.57 Million ▼ -94 days
2016 274 days Rs853.57 Million Rs3.11 Million/day Rs- Rs-7.23 Million ▲ +52 days
2015 222 days Rs640.79 Million Rs2.89 Million/day Rs- Rs- ▲ +23 days
2014 199 days Rs521.33 Million Rs2.62 Million/day Rs- Rs- ▼ -93 days
2013 292 days Rs801.75 Million Rs2.74 Million/day Rs- Rs- ▲ +69 days
2012 224 days Rs840.10 Million Rs3.76 Million/day Rs- Rs- ▲ +19 days
2011 204 days Rs444.25 Million Rs2.18 Million/day Rs- Rs- ▼ -43 days
2010 248 days Rs557.28 Million Rs2.25 Million/day Rs- Rs- ▲ +22 days
2009 226 days Rs455.43 Million Rs2.02 Million/day Rs- Rs- ▼ -107 days
2008 333 days Rs513.55 Million Rs1.54 Million/day Rs- Rs- ▼ -35 days
2007 368 days Rs435.63 Million Rs1.18 Million/day Rs- Rs- ▲ +151 days
2006 218 days Rs370.01 Million Rs1.70 Million/day Rs- Rs33.26 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)