Marine Electricals (India) Limited (MARINE) — Defensive Interval Ratio

Latest as of March 2026: 438 days

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. See how liquid is Marine Electricals (India) Limited's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

438 days
Days of operational coverage

Defensive Assets

Rs4.29 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs9.79 Million
Current Liabilities ÷ 365

Current Liabilities

Rs3.57 Billion
INR

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. See MARINE net asset quality score to measure how much of total assets are equity-financed.

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. For live market cap and the full company financial profile, see Marine Electricals (India) Limited market capitalisation.

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- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)