NMDC Steel Limited (NSLNISP) — Defensive Interval Ratio

Latest as of September 2025: 45 days

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. See working capital to net assets of NMDC Steel Limited to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

45 days
Days of operational coverage

Defensive Assets

Rs12.27 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs270.61 Million
Current Liabilities ÷ 365

Current Liabilities

Rs98.77 Billion
INR

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. See NSLNISP net asset quality score to measure how much of total assets are equity-financed.

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. For live market cap and the full company financial profile, see NSLNISP stock market capitalisation.

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-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)