Lakshmi Precision Screws Limited (LAKPRE) — Defensive Interval Ratio

Latest as of March 2017: 65 days

Lakshmi Precision Screws Limited (LAKPRE) has a Defensive Interval Ratio of 65 days as of March 2017. Defensive assets of Rs600.44 Million (cash Rs-, short-term investments Rs-47.67 Million, receivables Rs648.11 Million) cover 65 days of daily cash needs of Rs9.25 Million/day. Check Lakshmi Precision Screws Limited (LAKPRE) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

65 days
Days of operational coverage

Defensive Assets

Rs600.44 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs9.25 Million
Current Liabilities ÷ 365

Current Liabilities

Rs3.38 Billion
INR

Lakshmi Precision Screws Limited Defensive Interval Ratio (2007–2017)

This chart shows how Lakshmi Precision Screws Limited's Defensive Interval Ratio has evolved across 11 annual periods from 2007 to 2017. As of March 2017, the ratio stands at 65 days, meaning defensive assets of Rs600.44 Million can fund 65 days of operations without new revenue. Also explore Lakshmi Precision Screws Limited annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Lakshmi Precision Screws Limited (2007–2017)

The table below presents the year-by-year Defensive Interval Ratio for Lakshmi Precision Screws Limited from 2007 to 2017, covering 11 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 Lakshmi Precision Screws Limited (LAKPRE) total market value.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2017 65 days Rs600.44 Million Rs9.25 Million/day Rs- Rs-47.67 Million ▼ -35 days
2016 99 days Rs850.99 Million Rs8.56 Million/day Rs- Rs7.74 Million ▼ -108276 days
2015 108376 days Rs979.40 Million Rs9.04K/day Rs- Rs-81.59 Million ▲ +7232 days
2014 101144 days Rs893.83 Million Rs8.84K/day Rs- Rs-83.57 Million ▼ -6707 days
2013 107851 days Rs891.99 Million Rs8.27K/day Rs- Rs-44.63 Million ▲ +107721 days
2012 130 days Rs983.49 Million Rs7.59 Million/day Rs- Rs15.97 Million ▼ -150 days
2011 279 days Rs991.08 Million Rs3.55 Million/day Rs- Rs- ▼ -36 days
2010 316 days Rs821.88 Million Rs2.60 Million/day Rs- Rs- ▼ -79 days
2009 395 days Rs782.16 Million Rs1.98 Million/day Rs- Rs- ▼ -39 days
2008 435 days Rs821.71 Million Rs1.89 Million/day Rs- Rs- ▲ +99 days
2007 336 days Rs574.10 Million Rs1.71 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)