The New India Assurance Company Limited (NIACL) — Defensive Interval Ratio
The New India Assurance Company Limited (NIACL) has a Defensive Interval Ratio of 90 days as of March 2024. Defensive assets of Rs108.52 Billion (cash Rs-, short-term investments Rs28.72 Billion, receivables Rs79.80 Billion) cover 90 days of daily cash needs of Rs1.21 Billion/day. Check NIACL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
The New India Assurance Company Limited Defensive Interval Ratio (2013–2025)
This chart shows how The New India Assurance Company Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2024, the ratio stands at 90 days, meaning defensive assets of Rs108.52 Billion can fund 90 days of operations without new revenue. Also explore The New India Assurance Company Limited net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for The New India Assurance Company Limited (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for The New India Assurance Company Limited from 2013 to 2025, 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. For live market cap and the full company financial profile, see how much is The New India Assurance Company Limited worth.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 142 days | Rs180.77 Billion | Rs1.27 Billion/day | Rs71.82 Billion | Rs35.22 Billion | ▲ +21 days |
| 2024 | 121 days | Rs146.73 Billion | Rs1.21 Billion/day | Rs38.21 Billion | Rs28.72 Billion | ▼ -4084 days |
| 2023 | 4205 days | Rs122.98 Billion | Rs29.25 Million/day | Rs16.29 Billion | Rs29.76 Billion | ▲ +993 days |
| 2022 | 3212 days | Rs122.20 Billion | Rs38.04 Million/day | Rs25.56 Billion | Rs11.90 Billion | ▲ +1848 days |
| 2021 | 1364 days | Rs58.82 Billion | Rs43.12 Million/day | Rs26.22 Billion | Rs21.52 Billion | ▲ +535 days |
| 2020 | 829 days | Rs41.41 Billion | Rs49.94 Million/day | Rs66.77 Million | Rs28.36 Billion | ▼ -675 days |
| 2019 | 1505 days | Rs58.39 Billion | Rs38.80 Million/day | Rs10.66 Billion | Rs28.85 Billion | ▲ +1061 days |
| 2018 | 444 days | Rs56.54 Billion | Rs127.42 Million/day | Rs17.12 Billion | Rs8.02 Billion | ▲ +121 days |
| 2017 | 323 days | Rs30.77 Billion | Rs95.25 Million/day | Rs8.51 Billion | Rs10.67 Billion | ▲ +63 days |
| 2016 | 260 days | Rs17.15 Billion | Rs66.07 Million/day | Rs- | Rs8.90 Billion | ▼ -197 days |
| 2015 | 457 days | Rs25.58 Billion | Rs56.03 Million/day | Rs- | Rs8.47 Billion | ▼ -234 days |
| 2014 | 690 days | Rs28.06 Billion | Rs40.66 Million/day | Rs- | Rs6.08 Billion | ▲ +581 days |
| 2013 | 109 days | Rs4.62 Billion | Rs42.45 Million/day | Rs- | Rs4.62 Billion | — |