Neogen Chemicals Limited (NEOGEN) — Defensive Interval Ratio

Latest as of March 2026: 205 days

Neogen Chemicals Limited (NEOGEN) has a Defensive Interval Ratio of 205 days as of March 2026. Defensive assets of Rs6.67 Billion (cash Rs-, short-term investments Rs2.86 Billion, receivables Rs3.81 Billion) cover 205 days of daily cash needs of Rs32.54 Million/day.

Defensive Interval Ratio

205 days
Days of operational coverage

Defensive Assets

Rs6.67 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs32.54 Million
Current Liabilities ÷ 365

Current Liabilities

Rs11.88 Billion
INR

Neogen Chemicals Limited Defensive Interval Ratio (2014–2026)

This chart shows how Neogen Chemicals Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at 205 days, meaning defensive assets of Rs6.67 Billion can fund 205 days of operations without new revenue. For the complete balance sheet picture, see Neogen Chemicals Limited asset portfolio.

Annual Defensive Interval Ratio for Neogen Chemicals Limited (2014–2026)

The table below presents the year-by-year Defensive Interval Ratio for Neogen Chemicals Limited from 2014 to 2026, covering 13 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 Neogen Chemicals Limited working capital to net assets 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 205 days Rs6.67 Billion Rs32.54 Million/day Rs- Rs2.86 Billion ▼ -114 days
2025 319 days Rs6.42 Billion Rs20.09 Million/day Rs- Rs4.41 Billion ▲ +315 days
2024 5 days Rs66.80 Million Rs14.44 Million/day Rs- Rs2.60 Million ▼ -254 days
2023 258 days Rs2.90 Billion Rs11.23 Million/day Rs- Rs785.40 Million ▼ -121 days
2022 379 days Rs2.26 Billion Rs5.98 Million/day Rs- Rs807.60 Million ▲ +115 days
2021 264 days Rs1.29 Billion Rs4.88 Million/day Rs- Rs256.62 Million ▲ +17 days
2020 246 days Rs1.01 Billion Rs4.11 Million/day Rs- Rs256.62 Million ▲ +55 days
2019 191 days Rs611.01 Million Rs3.20 Million/day Rs- Rs- ▲ +201 days
2018 -10 days Rs-23.09 Million Rs2.29 Million/day Rs- Rs-23.08 Million ▼ -196 days
2017 186 days Rs339.91 Million Rs1.82 Million/day Rs- Rs-22.59 Million ▼ -18 days
2016 205 days Rs255.63 Million Rs1.25 Million/day Rs- Rs- ▼ -35 days
2015 240 days Rs249.78 Million Rs1.04 Million/day Rs- Rs- ▲ +24 days
2014 216 days Rs217.79 Million Rs1.01 Million/day Rs- Rs200.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)