Ind-Swift Limited (INDSWFTLTD) — Defensive Interval Ratio

Latest as of March 2025: 311 days

Ind-Swift Limited (INDSWFTLTD) has a Defensive Interval Ratio of 311 days as of March 2025. Defensive assets of Rs2.39 Billion (cash Rs695.10 Million, short-term investments Rs113.05 Million, receivables Rs1.59 Billion) cover 311 days of daily cash needs of Rs7.70 Million/day. Check Ind-Swift Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

311 days
Days of operational coverage

Defensive Assets

Rs2.39 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs7.70 Million
Current Liabilities ÷ 365

Current Liabilities

Rs2.81 Billion
INR

Ind-Swift Limited Defensive Interval Ratio (2006–2025)

This chart shows how Ind-Swift Limited's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2025, the ratio stands at 311 days, meaning defensive assets of Rs2.39 Billion can fund 311 days of operations without new revenue. Also explore net asset growth rate of Ind-Swift Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ind-Swift Limited (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ind-Swift Limited from 2006 to 2025, covering 20 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 cap of Ind-Swift Limited.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 311 days Rs2.39 Billion Rs7.70 Million/day Rs695.10 Million Rs113.05 Million ▼ -46 days
2024 358 days Rs3.14 Billion Rs8.78 Million/day Rs631.37 Million Rs753.97 Million ▲ +244 days
2023 114 days Rs2.91 Billion Rs25.65 Million/day Rs133.28 Million Rs1.28 Billion ▲ +20 days
2022 93 days Rs1.83 Billion Rs19.66 Million/day Rs161.82 Million Rs630.78 Million ▼ -16 days
2021 109 days Rs2.11 Billion Rs19.35 Million/day Rs289.92 Million Rs684.46 Million ▲ +12 days
2020 98 days Rs1.75 Billion Rs17.92 Million/day Rs167.59 Million Rs206.15 Million ▼ -6 days
2019 104 days Rs1.75 Billion Rs16.86 Million/day Rs197.22 Million Rs373.34 Million ▲ +88 days
2018 16 days Rs258.43 Million Rs16.39 Million/day Rs36.75 Million Rs-613.37 Million ▼ -76 days
2017 92 days Rs1.53 Billion Rs16.65 Million/day Rs91.05 Million Rs355.61 Million ▼ -163 days
2016 255 days Rs4.35 Billion Rs17.01 Million/day Rs- Rs59.54 Million ▼ -12 days
2015 267 days Rs5.26 Billion Rs19.68 Million/day Rs- Rs400.55 Million ▲ +33 days
2014 234 days Rs4.40 Billion Rs18.79 Million/day Rs- Rs- ▲ +5 days
2013 229 days Rs3.64 Billion Rs15.91 Million/day Rs- Rs- ▲ +22 days
2012 207 days Rs5.35 Billion Rs25.91 Million/day Rs- Rs- ▲ +55 days
2011 151 days Rs2.94 Billion Rs19.41 Million/day Rs- Rs- ▼ -291 days
2010 442 days Rs2.48 Billion Rs5.61 Million/day Rs- Rs- ▲ +8 days
2009 434 days Rs1.97 Billion Rs4.54 Million/day Rs- Rs- ▼ -69 days
2008 503 days Rs1.77 Billion Rs3.51 Million/day Rs- Rs- ▼ -32 days
2007 535 days Rs1.33 Billion Rs2.49 Million/day Rs- Rs- ▲ +211 days
2006 324 days Rs1.17 Billion Rs3.62 Million/day Rs- Rs34.45 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)