Morarjee Textiles Limited (MORARJEE) — Defensive Interval Ratio

Latest as of March 2024: 1 days

Morarjee Textiles Limited (MORARJEE) has a Defensive Interval Ratio of 1 days as of March 2024. Defensive assets of Rs17.10 Million (cash Rs-, short-term investments Rs-, receivables Rs17.10 Million) cover 1 days of daily cash needs of Rs24.68 Million/day. Check how tangible is Morarjee Textiles Limited's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

Rs17.10 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs24.68 Million
Current Liabilities ÷ 365

Current Liabilities

Rs9.01 Billion
INR

Morarjee Textiles Limited Defensive Interval Ratio (2004–2024)

This chart shows how Morarjee Textiles Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2004 to 2024. As of March 2024, the ratio stands at 1 days, meaning defensive assets of Rs17.10 Million can fund 1 days of operations without new revenue. Also explore how fast is Morarjee Textiles Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Morarjee Textiles Limited (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for Morarjee Textiles Limited from 2004 to 2024, covering 21 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 Morarjee Textiles Limited stock valuation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2024 1 days Rs17.10 Million Rs24.68 Million/day Rs- Rs- ▼ -6 days
2023 6 days Rs123.89 Million Rs19.22 Million/day Rs- Rs17.05 Million ▼ -22 days
2022 29 days Rs427.32 Million Rs14.91 Million/day Rs- Rs14.71 Million ▼ -37 days
2021 65 days Rs731.21 Million Rs11.21 Million/day Rs- Rs14.89 Million ▼ -5 days
2020 70 days Rs711.48 Million Rs10.17 Million/day Rs- Rs17.17 Million ▼ -39 days
2019 109 days Rs852.71 Million Rs7.84 Million/day Rs- Rs35.90 Million ▼ -44 days
2018 152 days Rs962.90 Million Rs6.32 Million/day Rs- Rs31.37 Million ▲ +3 days
2017 150 days Rs1.16 Billion Rs7.74 Million/day Rs- Rs79.56 Million ▼ -31 days
2016 181 days Rs1.04 Billion Rs5.73 Million/day Rs- Rs79.56 Million ▲ +30 days
2015 151 days Rs750.12 Million Rs4.96 Million/day Rs- Rs79.56 Million ▲ +20 days
2014 131 days Rs702.07 Million Rs5.34 Million/day Rs- Rs79.56 Million ▲ +32 days
2013 99 days Rs668.52 Million Rs6.72 Million/day Rs- Rs80.00 Million ▼ -128 days
2012 227 days Rs956.86 Million Rs4.21 Million/day Rs- Rs- ▼ -224 days
2011 451 days Rs794.29 Million Rs1.76 Million/day Rs- Rs- ▲ +156 days
2010 295 days Rs660.05 Million Rs2.24 Million/day Rs- Rs- ▼ -80 days
2009 376 days Rs849.02 Million Rs2.26 Million/day Rs- Rs- ▼ -83 days
2008 458 days Rs844.22 Million Rs1.84 Million/day Rs- Rs- ▲ +254 days
2007 205 days Rs794.91 Million Rs3.89 Million/day Rs- Rs120.00 Million ▲ +37 days
2006 167 days Rs441.29 Million Rs2.64 Million/day Rs- Rs- ▲ +51 days
2005 116 days Rs280.09 Million Rs2.41 Million/day Rs- Rs- ▼ -81 days
2004 198 days Rs178.41 Million Rs902.63K/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)