Minda Corporation Limited (MINDACORP) — Defensive Interval Ratio
Minda Corporation Limited (MINDACORP) has a Defensive Interval Ratio of 200 days as of September 2025. Defensive assets of Rs11.07 Billion (cash Rs1.18 Billion, short-term investments Rs303.50 Million, receivables Rs9.59 Billion) cover 200 days of daily cash needs of Rs55.23 Million/day. Check Minda Corporation Limited (MINDACORP) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Minda Corporation Limited Defensive Interval Ratio (2008–2025)
This chart shows how Minda Corporation Limited's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of September 2025, the ratio stands at 200 days, meaning defensive assets of Rs11.07 Billion can fund 200 days of operations without new revenue. Also explore how fast is Minda Corporation Limited growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Minda Corporation Limited (2008–2025)
The table below presents the year-by-year Defensive Interval Ratio for Minda Corporation Limited from 2008 to 2025, covering 18 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 Minda Corporation Limited (MINDACORP) total market value.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 184 days | Rs9.88 Billion | Rs53.77 Million/day | Rs421.00 Million | Rs122.00 Million | ▼ -217 days |
| 2024 | 401 days | Rs12.10 Billion | Rs30.20 Million/day | Rs930.00 Million | Rs3.06 Billion | ▲ +176 days |
| 2023 | 224 days | Rs7.79 Billion | Rs34.76 Million/day | Rs152.00 Million | Rs295.00 Million | ▼ -146 days |
| 2022 | 371 days | Rs10.22 Billion | Rs27.59 Million/day | Rs317.00 Million | Rs2.33 Billion | ▲ +25 days |
| 2021 | 346 days | Rs9.74 Billion | Rs28.18 Million/day | Rs146.00 Million | Rs4.32 Billion | ▲ +95 days |
| 2020 | 251 days | Rs8.03 Billion | Rs31.99 Million/day | Rs188.00 Million | Rs3.77 Billion | ▼ -60 days |
| 2019 | 311 days | Rs9.12 Billion | Rs29.35 Million/day | Rs42.00 Million | Rs3.23 Billion | ▲ +91 days |
| 2018 | 220 days | Rs6.04 Billion | Rs27.46 Million/day | Rs27.00 Million | Rs62.00 Million | ▲ +23 days |
| 2017 | 197 days | Rs3.85 Billion | Rs19.58 Million/day | Rs52.00 Million | Rs54.00 Million | ▲ +27 days |
| 2016 | 169 days | Rs4.47 Billion | Rs26.37 Million/day | Rs- | Rs-300.00K | ▲ +1 days |
| 2015 | 169 days | Rs3.35 Billion | Rs19.82 Million/day | Rs- | Rs47.32 Million | ▲ +12 days |
| 2014 | 157 days | Rs2.95 Billion | Rs18.84 Million/day | Rs- | Rs-751.02K | ▼ -12 days |
| 2013 | 169 days | Rs3.25 Billion | Rs19.24 Million/day | Rs- | Rs- | ▲ +9 days |
| 2012 | 160 days | Rs2.80 Billion | Rs17.52 Million/day | Rs- | Rs144.56 Million | ▼ -108 days |
| 2011 | 267 days | Rs2.50 Billion | Rs9.35 Million/day | Rs- | Rs8.71 Million | ▼ -52 days |
| 2010 | 319 days | Rs1.01 Billion | Rs3.17 Million/day | Rs- | Rs- | ▲ +163 days |
| 2009 | 156 days | Rs331.91 Million | Rs2.12 Million/day | Rs- | Rs- | ▼ -150 days |
| 2008 | 307 days | Rs294.82 Million | Rs960.93K/day | Rs- | Rs- | — |