United Spirits Limited (MCDOWELL-N) — Defensive Interval Ratio

Latest as of September 2025: 406 days

United Spirits Limited (MCDOWELL-N) has a Defensive Interval Ratio of 406 days as of September 2025. Defensive assets of Rs52.15 Billion (cash Rs5.22 Billion, short-term investments Rs13.81 Billion, receivables Rs33.12 Billion) cover 406 days of daily cash needs of Rs128.33 Million/day. Check United Spirits Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

406 days
Days of operational coverage

Defensive Assets

Rs52.15 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs128.33 Million
Current Liabilities ÷ 365

Current Liabilities

Rs46.84 Billion
INR

United Spirits Limited Defensive Interval Ratio (2004–2025)

This chart shows how United Spirits Limited's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of September 2025, the ratio stands at 406 days, meaning defensive assets of Rs52.15 Billion can fund 406 days of operations without new revenue. Also explore United Spirits Limited net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for United Spirits Limited (2004–2025)

The table below presents the year-by-year Defensive Interval Ratio for United Spirits Limited from 2004 to 2025, covering 22 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 United Spirits Limited market cap and net worth.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 387 days Rs50.07 Billion Rs129.37 Million/day Rs7.02 Billion Rs8.73 Billion ▲ +7 days
2024 380 days Rs40.63 Billion Rs106.93 Million/day Rs3.98 Billion Rs5.99 Billion ▼ -61 days
2023 441 days Rs43.78 Billion Rs99.30 Million/day Rs7.68 Billion Rs11.60 Billion ▲ +187 days
2022 254 days Rs26.73 Billion Rs105.16 Million/day Rs- Rs2.46 Billion ▲ +50 days
2021 204 days Rs24.21 Billion Rs118.84 Million/day Rs- Rs171.00 Million ▲ +13 days
2020 190 days Rs26.05 Billion Rs136.82 Million/day Rs- Rs127.00 Million ▼ -8 days
2019 198 days Rs28.14 Billion Rs142.13 Million/day Rs- Rs893.00 Million ▲ +7 days
2018 191 days Rs29.91 Billion Rs156.39 Million/day Rs- Rs1.68 Billion ▲ +12 days
2017 179 days Rs30.39 Billion Rs169.83 Million/day Rs- Rs1.00 Million ▲ +43 days
2016 136 days Rs22.09 Billion Rs161.95 Million/day Rs- Rs1.23 Billion ▲ +67 days
2015 70 days Rs11.32 Billion Rs162.27 Million/day Rs- Rs1.26 Billion ▼ -16 days
2014 86 days Rs24.59 Billion Rs285.64 Million/day Rs- Rs1.74 Billion ▼ -63 days
2013 149 days Rs26.43 Billion Rs177.43 Million/day Rs- Rs17.35 Million ▼ -2 days
2012 151 days Rs23.06 Billion Rs153.19 Million/day Rs- Rs189.17 Million ▼ -165 days
2011 315 days Rs17.37 Billion Rs55.07 Million/day Rs- Rs- ▼ -143 days
2010 458 days Rs22.25 Billion Rs48.58 Million/day Rs- Rs- ▲ +50 days
2009 408 days Rs18.42 Billion Rs45.10 Million/day Rs- Rs- ▼ -49 days
2008 457 days Rs14.42 Billion Rs31.54 Million/day Rs- Rs- ▲ +36 days
2007 421 days Rs8.38 Billion Rs19.90 Million/day Rs- Rs- ▲ +85 days
2006 336 days Rs6.78 Billion Rs20.21 Million/day Rs- Rs- ▼ -87 days
2005 423 days Rs4.49 Billion Rs10.61 Million/day Rs- Rs- ▼ -121 days
2004 544 days Rs4.15 Billion Rs7.64 Million/day Rs- Rs-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)