Marine Electricals (India) Limited (MARINE) — Defensive Interval Ratio
Marine Electricals (India) Limited (MARINE) has a Defensive Interval Ratio of 438 days as of March 2026. Defensive assets of Rs4.29 Billion (cash Rs-, short-term investments Rs-, receivables Rs4.29 Billion) cover 438 days of daily cash needs of Rs9.79 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Marine Electricals (India) Limited Defensive Interval Ratio (2014–2026)
This chart shows how Marine Electricals (India) Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at 438 days, meaning defensive assets of Rs4.29 Billion can fund 438 days of operations without new revenue. For the complete balance sheet picture, see Marine Electricals (India) Limited balance sheet assets.
Annual Defensive Interval Ratio for Marine Electricals (India) Limited (2014–2026)
The table below presents the year-by-year Defensive Interval Ratio for Marine Electricals (India) Limited from 2014 to 2026, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See MARINE working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 438 days | Rs4.29 Billion | Rs9.79 Million/day | Rs- | Rs- | ▼ -97 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- | — |