The Karnataka Bank Limited (KTKBANK) — Defensive Interval Ratio

Latest as of March 2024: 12 days

The Karnataka Bank Limited (KTKBANK) has a Defensive Interval Ratio of 12 days as of March 2024. Defensive assets of Rs10.28 Billion (cash Rs-, short-term investments Rs-, receivables Rs10.28 Billion) cover 12 days of daily cash needs of Rs867.67 Million/day. Check KTKBANK goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

12 days
Days of operational coverage

Defensive Assets

Rs10.28 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs867.67 Million
Current Liabilities ÷ 365

Current Liabilities

Rs316.70 Billion
INR

The Karnataka Bank Limited Defensive Interval Ratio (2013–2024)

This chart shows how The Karnataka Bank Limited's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of March 2024, the ratio stands at 12 days, meaning defensive assets of Rs10.28 Billion can fund 12 days of operations without new revenue. Also explore KTKBANK shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for The Karnataka Bank Limited (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for The Karnataka Bank Limited from 2013 to 2024, covering 12 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 The Karnataka Bank Limited.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2024 12 days Rs10.28 Billion Rs867.67 Million/day Rs- Rs-33.00K ▲ +15651 days
2023 -15639 days Rs-38.44 Billion Rs2.46 Million/day Rs- Rs-45.28 Billion ▼ -1831 days
2022 -13808 days Rs-25.85 Billion Rs1.87 Million/day Rs- Rs-33.13 Billion ▲ +7838 days
2021 -21647 days Rs-35.90 Billion Rs1.66 Million/day Rs- Rs-43.64 Billion ▼ -14356 days
2020 -7291 days Rs-11.69 Billion Rs1.60 Million/day Rs- Rs-22.07 Billion ▼ -12947 days
2019 5656 days Rs8.86 Billion Rs1.57 Million/day Rs- Rs- ▲ +1576 days
2018 4080 days Rs11.17 Billion Rs2.74 Million/day Rs- Rs- ▲ +427 days
2017 3653 days Rs10.91 Billion Rs2.99 Million/day Rs- Rs- ▼ -869 days
2016 4522 days Rs10.78 Billion Rs2.38 Million/day Rs- Rs- ▲ +488 days
2015 4034 days Rs11.54 Billion Rs2.86 Million/day Rs- Rs- ▲ +477 days
2014 3557 days Rs12.20 Billion Rs3.43 Million/day Rs- Rs- ▼ -999 days
2013 4556 days Rs11.97 Billion Rs2.63 Million/day Rs- Rs-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)