HOV Services Limited (HOVS) — Defensive Interval Ratio
HOV Services Limited (HOVS) has a Defensive Interval Ratio of 663 days as of March 2025. Defensive assets of Rs268.38 Million (cash Rs75.57 Million, short-term investments Rs37.69 Million, receivables Rs155.12 Million) cover 663 days of daily cash needs of Rs405.02K/day. See HOVS 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
HOV Services Limited Defensive Interval Ratio (2005–2025)
This chart shows how HOV Services Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2025, the ratio stands at 663 days, meaning defensive assets of Rs268.38 Million can fund 663 days of operations without new revenue. See HOVS equity financing ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for HOV Services Limited (2005–2025)
The table below presents the year-by-year Defensive Interval Ratio for HOV Services Limited from 2005 to 2025, 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. For live market cap and the full company financial profile, see HOV Services Limited market capitalisation.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 476 days | Rs192.81 Million | Rs405.02K/day | Rs- | Rs37.69 Million | ▲ +19 days |
| 2024 | 457 days | Rs152.16 Million | Rs332.70K/day | Rs- | Rs65.00 Million | ▲ +196 days |
| 2023 | 261 days | Rs100.27 Million | Rs384.35K/day | Rs- | Rs39.30 Million | ▲ +30 days |
| 2022 | 231 days | Rs84.88 Million | Rs367.10K/day | Rs- | Rs32.90 Million | ▼ -16 days |
| 2021 | 247 days | Rs95.10 Million | Rs384.55K/day | Rs- | Rs45.60 Million | ▲ +25 days |
| 2020 | 222 days | Rs92.32 Million | Rs415.17K/day | Rs17.65 Million | Rs16.48 Million | ▼ -48 days |
| 2019 | 270 days | Rs30.61 Million | Rs113.32K/day | Rs2.44 Million | Rs26.00K | ▼ -738 days |
| 2018 | 1008 days | Rs101.75 Million | Rs100.90K/day | Rs58.43 Million | Rs21.00K | ▲ +569 days |
| 2017 | 439 days | Rs158.75 Million | Rs361.29K/day | Rs110.23 Million | Rs16.00K | ▲ +308 days |
| 2016 | 131 days | Rs51.12 Million | Rs389.65K/day | Rs- | Rs-1.28 Million | ▼ -56 days |
| 2015 | 187 days | Rs67.71 Million | Rs361.53K/day | Rs- | Rs485.25K | ▼ -21 days |
| 2014 | 209 days | Rs47.69 Million | Rs228.51K/day | Rs- | Rs701.00K | ▲ +37 days |
| 2013 | 172 days | Rs49.96 Million | Rs290.93K/day | Rs- | Rs850.00K | ▲ +99 days |
| 2012 | 73 days | Rs21.48 Million | Rs293.41K/day | Rs- | Rs- | ▼ 0 days |
| 2011 | 73 days | Rs1.34 Billion | Rs18.22 Million/day | Rs- | Rs- | ▼ -323 days |
| 2010 | 397 days | Rs1.41 Billion | Rs3.56 Million/day | Rs- | Rs- | ▼ -211 days |
| 2009 | 608 days | Rs3.17 Billion | Rs5.20 Million/day | Rs- | Rs- | ▼ -284 days |
| 2008 | 892 days | Rs3.43 Billion | Rs3.84 Million/day | Rs- | Rs- | ▲ +760 days |
| 2007 | 132 days | Rs2.39 Billion | Rs18.14 Million/day | Rs- | Rs5.73 Million | ▼ -262 days |
| 2006 | 393 days | Rs295.09 Million | Rs750.11K/day | Rs- | Rs- | ▼ -148 days |
| 2005 | 541 days | Rs260.98 Million | Rs482.39K/day | Rs- | Rs- | — |