Lakshmi Machine Works Limited (LAXMIMACH) — Defensive Interval Ratio

Latest as of September 2024: 503 days

Lakshmi Machine Works Limited (LAXMIMACH) has a Defensive Interval Ratio of 503 days as of September 2024. Defensive assets of Rs14.73 Billion (cash Rs-, short-term investments Rs13.58 Billion, receivables Rs1.15 Billion) cover 503 days of daily cash needs of Rs29.30 Million/day. See Lakshmi Machine Works Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

503 days
Days of operational coverage

Defensive Assets

Rs14.73 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs29.30 Million
Current Liabilities ÷ 365

Current Liabilities

Rs10.69 Billion
INR

Lakshmi Machine Works Limited Defensive Interval Ratio (2005–2024)

This chart shows how Lakshmi Machine Works Limited's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2024, the ratio stands at 503 days, meaning defensive assets of Rs14.73 Billion can fund 503 days of operations without new revenue. See Lakshmi Machine Works Limited balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Lakshmi Machine Works Limited (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for Lakshmi Machine Works Limited from 2005 to 2024, 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 LAXMIMACH market cap overview.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2024 156 days Rs4.52 Billion Rs28.98 Million/day Rs- Rs3.50 Billion ▼ -135 days
2023 292 days Rs10.93 Billion Rs37.50 Million/day Rs120.01 Million Rs9.71 Billion ▼ -24 days
2022 316 days Rs10.43 Billion Rs33.04 Million/day Rs0.00 Rs6.81 Billion ▼ -183 days
2021 499 days Rs11.18 Billion Rs22.42 Million/day Rs281.58 Million Rs8.80 Billion ▼ -25 days
2020 524 days Rs8.65 Billion Rs16.52 Million/day Rs296.07 Million Rs6.75 Billion ▲ +114 days
2019 410 days Rs7.78 Billion Rs18.99 Million/day Rs281.86 Million Rs5.13 Billion ▼ -165 days
2018 575 days Rs12.44 Billion Rs21.65 Million/day Rs927.66 Million Rs8.48 Billion ▲ +115 days
2017 459 days Rs8.91 Billion Rs19.40 Million/day Rs0.00 Rs8.82 Billion ▲ +9 days
2016 450 days Rs10.12 Billion Rs22.48 Million/day Rs- Rs10.16 Billion ▼ -46 days
2015 496 days Rs11.17 Billion Rs22.50 Million/day Rs- Rs9.10 Billion ▼ -70 days
2014 566 days Rs11.39 Billion Rs20.12 Million/day Rs- Rs8.85 Billion ▲ +15 days
2013 552 days Rs9.61 Billion Rs17.42 Million/day Rs- Rs7.50 Billion ▲ +434 days
2012 118 days Rs2.52 Billion Rs21.34 Million/day Rs- Rs- ▲ +34 days
2011 84 days Rs2.32 Billion Rs27.73 Million/day Rs- Rs- ▲ +8 days
2010 76 days Rs1.33 Billion Rs17.52 Million/day Rs- Rs- ▲ +28 days
2009 48 days Rs1.01 Billion Rs21.05 Million/day Rs- Rs- ▼ -18 days
2008 67 days Rs1.86 Billion Rs27.87 Million/day Rs- Rs- ▲ +15 days
2007 51 days Rs1.42 Billion Rs27.68 Million/day Rs- Rs- ▼ -67 days
2006 118 days Rs2.04 Billion Rs17.26 Million/day Rs- Rs- ▼ -64 days
2005 183 days Rs1.61 Billion Rs8.79 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)