HOV Services Limited (HOVS) — Defensive Interval Ratio

Latest as of March 2025: 663 days

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. Check HOV Services Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

663 days
Days of operational coverage

Defensive Assets

Rs268.38 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs405.02K
Current Liabilities ÷ 365

Current Liabilities

Rs147.83 Million
INR

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. Also explore HOVS shareholders equity momentum to track the company's year-over-year net asset growth rate.

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 stock valuation.

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- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)