MIC Electronics Limited (MICEL) — Defensive Interval Ratio

Latest as of March 2026: 593 days

MIC Electronics Limited (MICEL) has a Defensive Interval Ratio of 593 days as of March 2026. Defensive assets of Rs2.07 Billion (cash Rs-, short-term investments Rs106.66 Million, receivables Rs1.96 Billion) cover 593 days of daily cash needs of Rs3.48 Million/day.

Defensive Interval Ratio

593 days
Days of operational coverage

Defensive Assets

Rs2.07 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs3.48 Million
Current Liabilities ÷ 365

Current Liabilities

Rs1.27 Billion
INR

MIC Electronics Limited Defensive Interval Ratio (2004–2026)

This chart shows how MIC Electronics Limited's Defensive Interval Ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 593 days, meaning defensive assets of Rs2.07 Billion can fund 593 days of operations without new revenue. For the complete balance sheet picture, see total assets of MIC Electronics Limited.

Annual Defensive Interval Ratio for MIC Electronics Limited (2004–2026)

The table below presents the year-by-year Defensive Interval Ratio for MIC Electronics Limited from 2004 to 2026, covering 23 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 MIC Electronics Limited (MICEL) 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 593 days Rs2.07 Billion Rs3.48 Million/day Rs- Rs106.66 Million ▲ +158 days
2025 436 days Rs934.40 Million Rs2.14 Million/day Rs- Rs75.95 Million ▼ -205 days
2024 641 days Rs323.50 Million Rs504.49K/day Rs- Rs70.31 Million ▲ +368 days
2023 274 days Rs97.54 Million Rs356.63K/day Rs- Rs5.80 Million ▼ -174 days
2022 447 days Rs108.59 Million Rs242.72K/day Rs- Rs8.30 Million ▲ +386 days
2021 61 days Rs56.51 Million Rs927.77K/day Rs- Rs16.90 Million ▲ +47 days
2020 14 days Rs112.44 Million Rs7.85 Million/day Rs- Rs- ▼ -13 days
2019 28 days Rs213.28 Million Rs7.68 Million/day Rs- Rs- ▼ -20 days
2018 48 days Rs358.88 Million Rs7.54 Million/day Rs- Rs- ▲ +47 days
2017 1 days Rs2.42 Million Rs4.02 Million/day Rs- Rs-337.95 Million ▼ -179 days
2016 179 days Rs1.16 Billion Rs6.49 Million/day Rs- Rs-268.14 Million ▲ +80 days
2015 100 days Rs679.60 Million Rs6.83 Million/day Rs- Rs-400.00 Million ▼ -30 days
2014 129 days Rs958.91 Million Rs7.41 Million/day Rs- Rs- ▼ -96 days
2013 226 days Rs1.45 Billion Rs6.43 Million/day Rs- Rs-404.03 Million ▼ -22 days
2012 248 days Rs1.35 Billion Rs5.43 Million/day Rs- Rs-406.49 Million ▼ -423 days
2011 671 days Rs1.31 Billion Rs1.96 Million/day Rs- Rs-26.18 Million ▼ -105 days
2010 775 days Rs1.55 Billion Rs2.00 Million/day Rs- Rs-15.79 Million ▼ -495 days
2009 1270 days Rs2.49 Billion Rs1.96 Million/day Rs- Rs- ▲ +302 days
2008 968 days Rs2.19 Billion Rs2.27 Million/day Rs- Rs- ▲ +319 days
2007 648 days Rs1.70 Billion Rs2.62 Million/day Rs- Rs- ▼ -227 days
2006 876 days Rs429.21 Million Rs490.08K/day Rs- Rs- ▲ +296 days
2005 580 days Rs140.20 Million Rs241.81K/day Rs- Rs- ▲ +21 days
2004 558 days Rs112.08 Million Rs200.74K/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)