Mirza International Limited (MIRZAINT) — Defensive Interval Ratio

Latest as of March 2026: 327 days

Mirza International Limited (MIRZAINT) has a Defensive Interval Ratio of 327 days as of March 2026. Defensive assets of Rs698.80 Million (cash Rs-, short-term investments Rs5.20 Million, receivables Rs693.60 Million) cover 327 days of daily cash needs of Rs2.14 Million/day.

Defensive Interval Ratio

327 days
Days of operational coverage

Defensive Assets

Rs698.80 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs2.14 Million
Current Liabilities ÷ 365

Current Liabilities

Rs780.20 Million
INR

Mirza International Limited Defensive Interval Ratio (2005–2026)

This chart shows how Mirza International Limited's Defensive Interval Ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 327 days, meaning defensive assets of Rs698.80 Million can fund 327 days of operations without new revenue. For the complete balance sheet picture, see Mirza International Limited asset portfolio.

Annual Defensive Interval Ratio for Mirza International Limited (2005–2026)

The table below presents the year-by-year Defensive Interval Ratio for Mirza International Limited from 2005 to 2026, 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. See Mirza International Limited (MIRZAINT) 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 327 days Rs698.80 Million Rs2.14 Million/day Rs- Rs5.20 Million ▲ +143 days
2025 184 days Rs668.10 Million Rs3.64 Million/day Rs- Rs200.00K ▼ -38 days
2024 222 days Rs791.40 Million Rs3.57 Million/day Rs- Rs200.00K ▼ -3 days
2023 225 days Rs873.50 Million Rs3.88 Million/day Rs- Rs6.00 Million ▲ +98 days
2022 127 days Rs668.70 Million Rs5.27 Million/day Rs- Rs82.40 Million ▲ +30 days
2021 97 days Rs810.50 Million Rs8.39 Million/day Rs- Rs13.80 Million ▼ -49 days
2020 145 days Rs1.68 Billion Rs11.57 Million/day Rs- Rs120.60 Million ▼ -28 days
2019 174 days Rs2.09 Billion Rs12.03 Million/day Rs- Rs355.80 Million ▲ +29 days
2018 144 days Rs1.48 Billion Rs10.27 Million/day Rs- Rs4.80 Million ▲ +22 days
2017 122 days Rs719.50 Million Rs5.88 Million/day Rs- Rs45.90 Million ▲ +35 days
2016 87 days Rs613.40 Million Rs7.04 Million/day Rs- Rs-20.80 Million ▲ +25 days
2015 62 days Rs490.50 Million Rs7.93 Million/day Rs- Rs- ▼ -2 days
2014 64 days Rs444.20 Million Rs6.98 Million/day Rs- Rs- ▼ -6 days
2013 70 days Rs342.00 Million Rs4.89 Million/day Rs- Rs- ▼ -39 days
2012 109 days Rs541.40 Million Rs4.98 Million/day Rs- Rs- ▼ -187 days
2011 296 days Rs438.24 Million Rs1.48 Million/day Rs- Rs- ▼ -16 days
2010 312 days Rs393.81 Million Rs1.26 Million/day Rs- Rs- ▲ +40 days
2009 271 days Rs378.00 Million Rs1.39 Million/day Rs- Rs- ▼ -87 days
2008 358 days Rs456.26 Million Rs1.27 Million/day Rs- Rs- ▼ -162 days
2007 521 days Rs621.26 Million Rs1.19 Million/day Rs- Rs84.33 Million ▲ +52 days
2006 468 days Rs415.57 Million Rs887.50K/day Rs- Rs35.94 Million ▲ +298 days
2005 170 days Rs198.62 Million Rs1.17 Million/day Rs- Rs71.82 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)