Ice Make Refrigeration Limited (ICEMAKE) — Defensive Interval Ratio

Latest as of September 2025: 200 days

Ice Make Refrigeration Limited (ICEMAKE) has a Defensive Interval Ratio of 200 days as of September 2025. Defensive assets of Rs1.25 Billion (cash Rs-, short-term investments Rs60.50 Million, receivables Rs1.19 Billion) cover 200 days of daily cash needs of Rs6.26 Million/day. Check Ice Make Refrigeration Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

200 days
Days of operational coverage

Defensive Assets

Rs1.25 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs6.26 Million
Current Liabilities ÷ 365

Current Liabilities

Rs2.28 Billion
INR

Ice Make Refrigeration Limited Defensive Interval Ratio (2013–2025)

This chart shows how Ice Make Refrigeration Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 200 days, meaning defensive assets of Rs1.25 Billion can fund 200 days of operations without new revenue. Also explore Ice Make Refrigeration Limited (ICEMAKE) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ice Make Refrigeration Limited (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ice Make Refrigeration Limited from 2013 to 2025, covering 13 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 Ice Make Refrigeration Limited market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 192 days Rs1.00 Billion Rs5.20 Million/day Rs- Rs61.05 Million ▼ -115 days
2024 308 days Rs685.47 Million Rs2.23 Million/day Rs- Rs35.48 Million ▲ +16 days
2023 292 days Rs582.15 Million Rs1.99 Million/day Rs- Rs46.52 Million ▲ +74 days
2022 218 days Rs345.29 Million Rs1.58 Million/day Rs- Rs8.63 Million ▲ +22 days
2021 196 days Rs247.92 Million Rs1.27 Million/day Rs- Rs10.38 Million ▼ -13 days
2020 209 days Rs259.49 Million Rs1.24 Million/day Rs- Rs-1.00K ▼ -43 days
2019 251 days Rs216.50 Million Rs861.01K/day Rs- Rs487.00K ▲ +16 days
2018 235 days Rs222.78 Million Rs946.33K/day Rs- Rs1.10 Million ▼ -29 days
2017 264 days Rs246.10 Million Rs931.20K/day Rs76.18 Million Rs10.38 Million ▼ -28 days
2016 293 days Rs178.36 Million Rs609.58K/day Rs42.48 Million Rs- ▲ +40 days
2015 253 days Rs134.19 Million Rs530.75K/day Rs49.94 Million Rs- ▲ +20 days
2014 233 days Rs104.14 Million Rs446.64K/day Rs21.88 Million Rs- ▼ -6 days
2013 240 days Rs86.01 Million Rs358.97K/day Rs22.80 Million Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)