MSP Steel & Power Limited (MSPL) — Defensive Interval Ratio

Latest as of September 2025: 96 days

MSP Steel & Power Limited (MSPL) has a Defensive Interval Ratio of 96 days as of September 2025. Defensive assets of Rs1.51 Billion (cash Rs308.60 Million, short-term investments Rs321.45 Million, receivables Rs880.53 Million) cover 96 days of daily cash needs of Rs15.81 Million/day. Check MSP Steel & Power Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

96 days
Days of operational coverage

Defensive Assets

Rs1.51 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs15.81 Million
Current Liabilities ÷ 365

Current Liabilities

Rs5.77 Billion
INR

MSP Steel & Power Limited Defensive Interval Ratio (2006–2025)

This chart shows how MSP Steel & Power Limited's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 96 days, meaning defensive assets of Rs1.51 Billion can fund 96 days of operations without new revenue. Also explore MSPL net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for MSP Steel & Power Limited (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for MSP Steel & Power Limited from 2006 to 2025, covering 20 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 market value of MSP Steel & Power Limited.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 83 days Rs1.22 Billion Rs14.64 Million/day Rs167.19 Million Rs170.28 Million ▲ +11 days
2024 72 days Rs1.14 Billion Rs15.79 Million/day Rs210.99 Million Rs214.42 Million ▲ +3 days
2023 69 days Rs1.09 Billion Rs15.73 Million/day Rs161.74 Million Rs167.29 Million ▼ -3 days
2022 72 days Rs1.19 Billion Rs16.58 Million/day Rs- Rs479.91 Million ▼ -15 days
2021 87 days Rs888.81 Million Rs10.26 Million/day Rs156.04 Million Rs163.32 Million ▲ +28 days
2020 58 days Rs919.66 Million Rs15.80 Million/day Rs137.04 Million Rs31.05 Million ▼ -81 days
2019 140 days Rs1.79 Billion Rs12.82 Million/day Rs137.54 Million Rs535.51 Million ▲ +46 days
2018 94 days Rs1.33 Billion Rs14.10 Million/day Rs135.20 Million Rs645.00K ▼ -19 days
2017 113 days Rs1.58 Billion Rs13.91 Million/day Rs74.25 Million Rs144.91 Million ▼ -122 days
2016 235 days Rs2.64 Billion Rs11.24 Million/day Rs- Rs2.18 Million ▲ +205 days
2015 30 days Rs383.03 Million Rs12.72 Million/day Rs- Rs-637.60 Million ▼ -63 days
2014 94 days Rs1.90 Billion Rs20.36 Million/day Rs- Rs-6.47 Million ▼ -128 days
2013 222 days Rs4.57 Billion Rs20.59 Million/day Rs- Rs-8.65 Million ▲ +217 days
2012 5 days Rs86.01 Million Rs16.54 Million/day Rs- Rs-1.20 Billion ▼ -142 days
2011 147 days Rs1.38 Billion Rs9.37 Million/day Rs- Rs7.01 Million ▼ -492 days
2010 639 days Rs1.21 Billion Rs1.89 Million/day Rs- Rs- ▲ +482 days
2009 157 days Rs662.92 Million Rs4.22 Million/day Rs- Rs- ▼ -444 days
2008 601 days Rs1.02 Billion Rs1.70 Million/day Rs- Rs- ▲ +23 days
2007 578 days Rs237.79 Million Rs411.58K/day Rs- Rs- ▲ +390 days
2006 188 days Rs177.28 Million Rs942.55K/day Rs- Rs52.96 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)