HLE Glascoat Limited (HLEGLAS) — Defensive Interval Ratio

Latest as of March 2026: 183 days

HLE Glascoat Limited (HLEGLAS) has a Defensive Interval Ratio of 183 days as of March 2026. Defensive assets of Rs3.02 Billion (cash Rs-, short-term investments Rs320.50 Million, receivables Rs2.70 Billion) cover 183 days of daily cash needs of Rs16.54 Million/day.

Defensive Interval Ratio

183 days
Days of operational coverage

Defensive Assets

Rs3.02 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs16.54 Million
Current Liabilities ÷ 365

Current Liabilities

Rs6.04 Billion
INR

HLE Glascoat Limited Defensive Interval Ratio (2006–2026)

This chart shows how HLE Glascoat Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 183 days, meaning defensive assets of Rs3.02 Billion can fund 183 days of operations without new revenue. For the complete balance sheet picture, see HLE Glascoat Limited (HLEGLAS) total assets.

Annual Defensive Interval Ratio for HLE Glascoat Limited (2006–2026)

The table below presents the year-by-year Defensive Interval Ratio for HLE Glascoat Limited from 2006 to 2026, covering 21 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of HLE Glascoat Limited to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 183 days Rs3.02 Billion Rs16.54 Million/day Rs- Rs320.50 Million ▲ +52 days
2025 130 days Rs2.03 Billion Rs15.57 Million/day Rs- Rs177.83 Million ▼ -58 days
2024 189 days Rs2.52 Billion Rs13.35 Million/day Rs- Rs149.25 Million ▼ -58 days
2023 247 days Rs2.69 Billion Rs10.88 Million/day Rs- Rs247.96 Million ▲ +65 days
2022 182 days Rs1.66 Billion Rs9.11 Million/day Rs- Rs169.28 Million ▲ +20 days
2021 163 days Rs813.08 Million Rs5.00 Million/day Rs- Rs121.28 Million ▲ +72 days
2020 90 days Rs494.14 Million Rs5.47 Million/day Rs- Rs786.00K ▼ -94 days
2019 185 days Rs334.62 Million Rs1.81 Million/day Rs- Rs16.00K ▲ +110 days
2018 74 days Rs79.89 Million Rs1.07 Million/day Rs- Rs13.19 Million ▼ -71 days
2017 145 days Rs144.55 Million Rs993.96K/day Rs- Rs95.20 Million ▲ +111 days
2016 34 days Rs38.87 Million Rs1.14 Million/day Rs- Rs277.50K ▲ +3 days
2015 31 days Rs43.67 Million Rs1.40 Million/day Rs- Rs- ▼ -14 days
2014 45 days Rs53.82 Million Rs1.19 Million/day Rs- Rs- ▲ +6 days
2013 39 days Rs45.83 Million Rs1.16 Million/day Rs- Rs1.20 Million ▲ +5 days
2012 34 days Rs41.14 Million Rs1.20 Million/day Rs- Rs- ▼ -73 days
2011 108 days Rs78.26 Million Rs727.75K/day Rs- Rs- ▼ -39 days
2010 147 days Rs61.39 Million Rs418.52K/day Rs- Rs- ▼ -68 days
2009 215 days Rs69.28 Million Rs322.90K/day Rs- Rs- ▲ +29 days
2008 185 days Rs116.83 Million Rs631.17K/day Rs- Rs11.00 Million ▲ +59 days
2007 127 days Rs71.28 Million Rs563.45K/day Rs- Rs13.50 Million ▼ -35 days
2006 161 days Rs80.81 Million Rs501.83K/day Rs- Rs23.50 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)