Mahanagar Telephone Nigam Limited (MTNL) — Defensive Interval Ratio

Latest as of September 2025: 114 days

Mahanagar Telephone Nigam Limited (MTNL) has a Defensive Interval Ratio of 114 days as of September 2025. Defensive assets of Rs45.55 Billion (cash Rs883.40 Million, short-term investments Rs41.56 Billion, receivables Rs3.11 Billion) cover 114 days of daily cash needs of Rs399.01 Million/day. Check MTNL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

114 days
Days of operational coverage

Defensive Assets

Rs45.55 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs399.01 Million
Current Liabilities ÷ 365

Current Liabilities

Rs145.64 Billion
INR

Mahanagar Telephone Nigam Limited Defensive Interval Ratio (2002–2025)

This chart shows how Mahanagar Telephone Nigam Limited's Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of September 2025, the ratio stands at 114 days, meaning defensive assets of Rs45.55 Billion can fund 114 days of operations without new revenue. Also explore net asset momentum of Mahanagar Telephone Nigam Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mahanagar Telephone Nigam Limited (2002–2025)

The table below presents the year-by-year Defensive Interval Ratio for Mahanagar Telephone Nigam Limited from 2002 to 2025, covering 24 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 MTNL company net worth.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 138 days Rs48.98 Billion Rs355.99 Million/day Rs78.78K Rs43.37 Billion ▼ -50 days
2024 188 days Rs50.18 Billion Rs267.57 Million/day Rs58.80 Million Rs233.60 Million ▲ +33 days
2023 155 days Rs52.29 Billion Rs338.02 Million/day Rs252.40 Million Rs340.00 Million ▲ +12 days
2022 143 days Rs53.35 Billion Rs372.99 Million/day Rs75.30 Million Rs492.50 Million ▼ -41 days
2021 184 days Rs53.05 Billion Rs288.10 Million/day Rs103.40 Million Rs398.40 Million ▲ +169 days
2020 15 days Rs6.85 Billion Rs463.74 Million/day Rs426.30 Million Rs130.20 Million ▼ -159 days
2019 174 days Rs55.18 Billion Rs317.04 Million/day Rs289.60 Million Rs204.20 Million ▲ +1 days
2018 173 days Rs42.97 Billion Rs248.09 Million/day Rs295.50 Million Rs200.00K ▲ +30 days
2017 144 days Rs41.73 Billion Rs290.78 Million/day Rs78.70 Million Rs161.00 Million ▲ +548 days
2016 -404 days Rs-141.74 Billion Rs350.84 Million/day Rs- Rs-141.72 Billion ▼ -435 days
2015 31 days Rs8.46 Billion Rs276.51 Million/day Rs- Rs200.00 Million ▼ -48 days
2014 79 days Rs20.21 Billion Rs256.25 Million/day Rs- Rs200.00 Million ▲ +18 days
2013 61 days Rs13.94 Billion Rs228.34 Million/day Rs- Rs200.00 Million ▼ -18 days
2012 79 days Rs13.72 Billion Rs174.63 Million/day Rs- Rs486.00 Million ▼ -7 days
2011 85 days Rs19.20 Billion Rs225.42 Million/day Rs- Rs459.00 Million ▼ -5 days
2010 90 days Rs42.92 Billion Rs477.45 Million/day Rs- Rs350.00 Million ▼ -73 days
2009 163 days Rs24.49 Billion Rs150.49 Million/day Rs- Rs- ▼ -315 days
2008 478 days Rs68.48 Billion Rs143.23 Million/day Rs- Rs33.44 Billion ▲ +26 days
2007 452 days Rs56.38 Billion Rs124.64 Million/day Rs- Rs17.15 Billion ▲ +109 days
2006 344 days Rs37.52 Billion Rs109.14 Million/day Rs- Rs19.07 Billion ▼ -103 days
2005 447 days Rs57.29 Billion Rs128.25 Million/day Rs- Rs17.77 Billion ▲ +35 days
2004 411 days Rs65.68 Billion Rs159.63 Million/day Rs- Rs23.29 Billion ▼ -115 days
2003 527 days Rs69.84 Billion Rs132.57 Million/day Rs- Rs15.77 Billion ▲ +134 days
2002 393 days Rs84.21 Billion Rs214.51 Million/day Rs- Rs24.03 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)