Life Insurance Corporation Of India (LICI) — Defensive Interval Ratio

Latest as of March 2024: 984 days

Life Insurance Corporation Of India (LICI) has a Defensive Interval Ratio of 984 days as of March 2024. Defensive assets of Rs1.32 Trillion (cash Rs-, short-term investments Rs169.95 Billion, receivables Rs1.15 Trillion) cover 984 days of daily cash needs of Rs1.34 Billion/day. Check how tangible is Life Insurance Corporation Of India's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

984 days
Days of operational coverage

Defensive Assets

Rs1.32 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

Rs1.34 Billion
Current Liabilities ÷ 365

Current Liabilities

Rs487.82 Billion
INR

Life Insurance Corporation Of India Defensive Interval Ratio (2019–2025)

This chart shows how Life Insurance Corporation Of India's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2024, the ratio stands at 984 days, meaning defensive assets of Rs1.32 Trillion can fund 984 days of operations without new revenue. Also explore Life Insurance Corporation Of India (LICI) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Life Insurance Corporation Of India (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Life Insurance Corporation Of India from 2019 to 2025, covering 7 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 how much is Life Insurance Corporation Of India worth.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 1583 days Rs1.47 Trillion Rs930.42 Million/day Rs- Rs281.21 Billion ▲ +656 days
2024 927 days Rs1.32 Trillion Rs1.42 Billion/day Rs- Rs169.95 Billion ▼ -83 days
2023 1010 days Rs1.24 Trillion Rs1.22 Billion/day Rs- Rs169.68 Billion ▲ +305 days
2022 704 days Rs1.09 Trillion Rs1.55 Billion/day Rs- Rs143.98 Billion ▲ +2282 days
2021 -1578 days Rs-2.09 Trillion Rs1.32 Billion/day Rs- Rs305.40 Billion ▲ +75 days
2020 -1653 days Rs-2.17 Trillion Rs1.31 Billion/day Rs- Rs117.97 Billion ▲ +628 days
2019 -2281 days Rs-2.04 Trillion Rs896.42 Million/day Rs- Rs143.40 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)