Marine Electricals (India) Limited (MARINE) — Defensive Interval Ratio
Marine Electricals (India) Limited (MARINE) has a Defensive Interval Ratio of 433 days as of September 2025. Defensive assets of Rs3.46 Billion (cash Rs-, short-term investments Rs286.39 Million, receivables Rs3.17 Billion) cover 433 days of daily cash needs of Rs8.00 Million/day. Check tangible net worth ratio of Marine Electricals (India) Limited to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Marine Electricals (India) Limited Defensive Interval Ratio (2014–2025)
This chart shows how Marine Electricals (India) Limited's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 433 days, meaning defensive assets of Rs3.46 Billion can fund 433 days of operations without new revenue. Also explore net asset momentum of Marine Electricals (India) Limited to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Marine Electricals (India) Limited (2014–2025)
The table below presents the year-by-year Defensive Interval Ratio for Marine Electricals (India) Limited from 2014 to 2025, 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 Marine Electricals (India) Limited (MARINE) market capitalisation.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 535 days | Rs4.20 Billion | Rs7.84 Million/day | Rs24.00 Million | Rs851.78 Million | ▲ +163 days |
| 2024 | 372 days | Rs3.34 Billion | Rs8.98 Million/day | Rs- | Rs12.50 Million | ▲ +3 days |
| 2023 | 370 days | Rs2.27 Billion | Rs6.13 Million/day | Rs- | Rs4.00 Million | ▼ -6 days |
| 2022 | 375 days | Rs1.89 Billion | Rs5.04 Million/day | Rs- | Rs1.00 | ▲ +40 days |
| 2021 | 335 days | Rs1.85 Billion | Rs5.51 Million/day | Rs- | Rs93.88 Million | ▼ -76 days |
| 2020 | 411 days | Rs2.35 Billion | Rs5.70 Million/day | Rs- | Rs1.02 Million | ▲ +55 days |
| 2019 | 356 days | Rs1.92 Billion | Rs5.38 Million/day | Rs- | Rs-5.84 Million | ▲ +19 days |
| 2018 | 337 days | Rs2.26 Billion | Rs6.70 Million/day | Rs329.11 Million | Rs-14.40 Million | ▲ +35 days |
| 2017 | 302 days | Rs1.13 Billion | Rs3.73 Million/day | Rs54.07 Million | Rs-48.58 Million | ▼ -47 days |
| 2016 | 350 days | Rs700.05 Million | Rs2.00 Million/day | Rs- | Rs-14.40 Million | ▲ +84 days |
| 2015 | 265 days | Rs561.09 Million | Rs2.12 Million/day | Rs- | Rs- | ▲ +33 days |
| 2014 | 232 days | Rs377.32 Million | Rs1.63 Million/day | Rs- | Rs- | — |