MSP Steel & Power Limited (MSPL) — Defensive Interval Ratio
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. See MSP Steel & Power Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See MSPL net asset quality index to measure how much of total assets are equity-financed.
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 MSPL market cap.
| 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 | — |