IDFC First Bank Limited (IDFCFIRSTB) — Defensive Interval Ratio
IDFC First Bank Limited (IDFCFIRSTB) has a Defensive Interval Ratio of -4056 days as of March 2024. Defensive assets of Rs-194.99 Billion (cash Rs-, short-term investments Rs-249.62 Billion, receivables Rs54.63 Billion) cover -4056 days of daily cash needs of Rs48.08 Million/day. Check IDFC First Bank Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
IDFC First Bank Limited Defensive Interval Ratio (2016–2025)
This chart shows how IDFC First Bank Limited's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2024, the ratio stands at -4056 days, meaning defensive assets of Rs-194.99 Billion can fund -4056 days of operations without new revenue. Also explore IDFC First Bank Limited equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for IDFC First Bank Limited (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for IDFC First Bank Limited from 2016 to 2025, covering 10 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 market value of IDFC First Bank Limited.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 22 days | Rs71.05 Billion | Rs3.29 Billion/day | Rs- | Rs- | ▼ -1115 days |
| 2024 | 1136 days | Rs54.63 Billion | Rs48.08 Million/day | Rs- | Rs23.00K | ▲ +2441 days |
| 2023 | -1305 days | Rs-53.72 Billion | Rs41.18 Million/day | Rs- | Rs-99.08 Billion | ▲ +731 days |
| 2022 | -2036 days | Rs-88.12 Billion | Rs43.28 Million/day | Rs- | Rs-122.89 Billion | ▼ -1563 days |
| 2021 | -473 days | Rs-32.74 Billion | Rs69.22 Million/day | Rs- | Rs-66.84 Billion | ▼ -148 days |
| 2020 | -325 days | Rs-31.04 Billion | Rs95.58 Million/day | Rs- | Rs-63.28 Billion | ▼ -386 days |
| 2019 | 61 days | Rs5.60 Billion | Rs91.98 Million/day | Rs- | Rs-39.18 Billion | ▼ -451 days |
| 2018 | 512 days | Rs45.49 Billion | Rs88.93 Million/day | Rs- | Rs- | ▼ -131 days |
| 2017 | 643 days | Rs53.89 Billion | Rs83.83 Million/day | Rs- | Rs- | ▲ +435 days |
| 2016 | 208 days | Rs15.82 Billion | Rs76.12 Million/day | Rs- | Rs- | — |