Max Healthcare Institute Limited (MAXHEALTH) — Defensive Interval Ratio

Latest as of March 2026: 179 days

Max Healthcare Institute Limited (MAXHEALTH) has a Defensive Interval Ratio of 179 days as of March 2026. Defensive assets of Rs10.75 Billion (cash Rs-, short-term investments Rs1.05 Billion, receivables Rs9.70 Billion) cover 179 days of daily cash needs of Rs59.92 Million/day.

Defensive Interval Ratio

179 days
Days of operational coverage

Defensive Assets

Rs10.75 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs59.92 Million
Current Liabilities ÷ 365

Current Liabilities

Rs21.87 Billion
INR

Max Healthcare Institute Limited Defensive Interval Ratio (2014–2026)

This chart shows how Max Healthcare Institute Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at 179 days, meaning defensive assets of Rs10.75 Billion can fund 179 days of operations without new revenue. For the complete balance sheet picture, see Max Healthcare Institute Limited assets under control.

Annual Defensive Interval Ratio for Max Healthcare Institute Limited (2014–2026)

The table below presents the year-by-year Defensive Interval Ratio for Max Healthcare Institute 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 MAXHEALTH net 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 179 days Rs10.75 Billion Rs59.92 Million/day Rs- Rs1.05 Billion ▲ +41 days
2025 138 days Rs6.87 Billion Rs49.69 Million/day Rs- Rs1.10 Million ▼ -7 days
2024 145 days Rs4.97 Billion Rs34.21 Million/day Rs- Rs1.30 Million ▼ -448 days
2023 593 days Rs16.98 Billion Rs28.65 Million/day Rs- Rs13.32 Billion ▲ +307 days
2022 286 days Rs5.93 Billion Rs20.75 Million/day Rs- Rs1.72 Billion ▲ +101 days
2021 185 days Rs3.94 Billion Rs21.29 Million/day Rs- Rs2.00 Million ▲ +79 days
2020 106 days Rs4.27 Billion Rs40.40 Million/day Rs- Rs60.00 Million ▼ -20 days
2019 126 days Rs3.94 Billion Rs31.23 Million/day Rs- Rs40.40 Million ▼ -174 days
2018 300 days Rs3.92 Billion Rs13.06 Million/day Rs- Rs808.40 Million ▲ +34 days
2017 266 days Rs2.79 Billion Rs10.48 Million/day Rs- Rs50.00 Million ▲ +63 days
2016 203 days Rs2.35 Billion Rs11.57 Million/day Rs- Rs21.30 Million ▼ -181 days
2015 384 days Rs2.97 Billion Rs7.74 Million/day Rs- Rs1.48 Billion ▲ +180 days
2014 204 days Rs1.70 Billion Rs8.36 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)