Indian Oil Corporation Limited (IOC) — Defensive Interval Ratio

Latest as of March 2026: 39 days

Indian Oil Corporation Limited (IOC) has a Defensive Interval Ratio of 39 days as of March 2026. Defensive assets of Rs224.70 Billion (cash Rs-, short-term investments Rs71.37 Billion, receivables Rs153.33 Billion) cover 39 days of daily cash needs of Rs5.79 Billion/day. See Indian Oil Corporation Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

39 days
Days of operational coverage

Defensive Assets

Rs224.70 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs5.79 Billion
Current Liabilities ÷ 365

Current Liabilities

Rs2.11 Trillion
INR

Indian Oil Corporation Limited Defensive Interval Ratio (2002–2026)

This chart shows how Indian Oil Corporation Limited's Defensive Interval Ratio has evolved across 25 annual periods from 2002 to 2026. As of March 2026, the ratio stands at 39 days, meaning defensive assets of Rs224.70 Billion can fund 39 days of operations without new revenue. See how leveraged is Indian Oil Corporation Limited's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Indian Oil Corporation Limited (2002–2026)

The table below presents the year-by-year Defensive Interval Ratio for Indian Oil Corporation Limited from 2002 to 2026, covering 25 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 IOC market cap overview.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 39 days Rs224.70 Billion Rs5.79 Billion/day Rs- Rs71.37 Billion ▼ -12 days
2025 51 days Rs321.52 Billion Rs6.32 Billion/day Rs452.00 Million Rs129.27 Billion ▼ -3 days
2024 53 days Rs316.63 Billion Rs5.93 Billion/day Rs2.65 Billion Rs103.80 Billion ▼ -8 days
2023 62 days Rs349.33 Billion Rs5.66 Billion/day Rs10.43 Billion Rs111.33 Billion ▲ +5 days
2022 56 days Rs296.67 Billion Rs5.26 Billion/day Rs4.93 Billion Rs85.02 Billion ▼ -12 days
2021 68 days Rs304.08 Billion Rs4.44 Billion/day Rs3.83 Billion Rs101.55 Billion ▲ +15 days
2020 53 days Rs236.10 Billion Rs4.43 Billion/day Rs12.20 Billion Rs90.97 Billion ▲ +32 days
2019 21 days Rs93.33 Billion Rs4.40 Billion/day Rs5.27 Billion Rs85.03 Billion ▼ -1 days
2018 22 days Rs85.04 Billion Rs3.83 Billion/day Rs1.55 Billion Rs84.80 Billion ▼ -31 days
2017 53 days Rs164.73 Billion Rs3.09 Billion/day Rs412.40 Million Rs75.32 Billion ▼ -50 days
2016 104 days Rs295.81 Billion Rs2.85 Billion/day Rs- Rs74.32 Billion ▼ -9 days
2015 113 days Rs321.80 Billion Rs2.86 Billion/day Rs- Rs76.45 Billion ▲ +59 days
2014 54 days Rs208.47 Billion Rs3.87 Billion/day Rs- Rs82.58 Billion ▼ -107 days
2013 161 days Rs574.94 Billion Rs3.57 Billion/day Rs- Rs137.76 Billion ▲ +13 days
2012 148 days Rs537.63 Billion Rs3.63 Billion/day Rs- Rs137.75 Billion ▼ -38 days
2011 186 days Rs307.04 Billion Rs1.65 Billion/day Rs- Rs150.04 Billion ▲ +43 days
2010 143 days Rs178.90 Billion Rs1.25 Billion/day Rs- Rs179.37 Billion ▼ -27 days
2009 171 days Rs167.69 Billion Rs982.61 Million/day Rs- Rs170.01 Billion ▼ -48 days
2008 218 days Rs211.70 Billion Rs970.24 Million/day Rs- Rs159.13 Billion ▼ -18 days
2007 236 days Rs196.25 Billion Rs832.03 Million/day Rs- Rs144.59 Billion ▲ +69 days
2006 167 days Rs121.62 Billion Rs728.71 Million/day Rs- Rs71.31 Billion ▲ +88 days
2005 79 days Rs51.33 Billion Rs647.56 Million/day Rs- Rs6.86 Billion ▲ +10 days
2004 69 days Rs38.60 Billion Rs557.19 Million/day Rs- Rs5.87 Billion ▼ -66 days
2003 135 days Rs99.67 Billion Rs738.10 Million/day Rs- Rs3.00 Billion ▼ -21 days
2002 156 days Rs85.29 Billion Rs548.04 Million/day Rs- Rs1.73 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)