NMDC Steel Limited (NSLNISP) — Defensive Interval Ratio
NMDC Steel Limited (NSLNISP) has a Defensive Interval Ratio of 45 days as of September 2025. Defensive assets of Rs12.27 Billion (cash Rs-, short-term investments Rs8.27 Billion, receivables Rs4.00 Billion) cover 45 days of daily cash needs of Rs270.61 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NMDC Steel Limited Defensive Interval Ratio (2020–2025)
This chart shows how NMDC Steel Limited's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of September 2025, the ratio stands at 45 days, meaning defensive assets of Rs12.27 Billion can fund 45 days of operations without new revenue. For the complete balance sheet picture, see NMDC Steel Limited balance sheet assets.
Annual Defensive Interval Ratio for NMDC Steel Limited (2020–2025)
The table below presents the year-by-year Defensive Interval Ratio for NMDC Steel Limited from 2020 to 2025, covering 6 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 NMDC Steel Limited current assets vs equity 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) |
|---|---|---|---|---|---|---|
| 2025 | 21 days | Rs5.61 Billion | Rs271.32 Million/day | Rs- | Rs3.64 Billion | ▲ +8 days |
| 2024 | 12 days | Rs2.37 Billion | Rs194.70 Million/day | Rs- | Rs1.75 Billion | ▲ +3 days |
| 2023 | 9 days | Rs530.20 Million | Rs60.26 Million/day | Rs- | Rs334.40 Million | ▼ -6 days |
| 2022 | 15 days | Rs518.00 Million | Rs35.68 Million/day | Rs- | Rs- | ▲ +15 days |
| 2021 | 0 days | Rs0.00 | Rs84.52/day | Rs- | Rs- | ▼ -2 days |
| 2020 | 2 days | Rs195.00 | Rs97.45/day | Rs- | Rs- | — |