Ortel Communications Limited (ORTEL) — Defensive Interval Ratio

Latest as of March 2021: 41 days

Ortel Communications Limited (ORTEL) has a Defensive Interval Ratio of 41 days as of March 2021. Defensive assets of Rs339.46 Million (cash Rs-, short-term investments Rs-20.88 Million, receivables Rs360.34 Million) cover 41 days of daily cash needs of Rs8.23 Million/day.

Defensive Interval Ratio

41 days
Days of operational coverage

Defensive Assets

Rs339.46 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs8.23 Million
Current Liabilities ÷ 365

Current Liabilities

Rs3.00 Billion
INR

Ortel Communications Limited Defensive Interval Ratio (2008–2021)

This chart shows how Ortel Communications Limited's Defensive Interval Ratio has evolved across 14 annual periods from 2008 to 2021. As of March 2021, the ratio stands at 41 days, meaning defensive assets of Rs339.46 Million can fund 41 days of operations without new revenue. For the complete balance sheet picture, see Ortel Communications Limited asset portfolio.

Annual Defensive Interval Ratio for Ortel Communications Limited (2008–2021)

The table below presents the year-by-year Defensive Interval Ratio for Ortel Communications Limited from 2008 to 2021, covering 14 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 ORTEL net working capital ratio 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)
2021 46 days Rs381.45 Million Rs8.23 Million/day Rs- Rs21.11 Million ▲ +26 days
2020 20 days Rs168.78 Million Rs8.35 Million/day Rs- Rs21.11 Million ▲ +4 days
2019 17 days Rs138.22 Million Rs8.29 Million/day Rs- Rs1.48 Million ▼ -11 days
2018 28 days Rs249.51 Million Rs8.87 Million/day Rs- Rs7.51 Million ▼ -64 days
2017 92 days Rs609.15 Million Rs6.64 Million/day Rs- Rs-33.73 Million ▲ +39 days
2016 53 days Rs272.48 Million Rs5.13 Million/day Rs- Rs-41.00 Million ▲ +5 days
2015 48 days Rs184.63 Million Rs3.81 Million/day Rs- Rs3.25 Million ▼ -28 days
2014 76 days Rs181.21 Million Rs2.37 Million/day Rs- Rs3.25 Million ▲ +16 days
2013 61 days Rs139.98 Million Rs2.30 Million/day Rs- Rs- ▲ +29 days
2012 31 days Rs130.54K Rs4.15K/day Rs- Rs- ▼ -69 days
2011 101 days Rs224.56 Million Rs2.22 Million/day Rs- Rs117.65 Million ▲ +25 days
2010 76 days Rs123.36 Million Rs1.63 Million/day Rs- Rs25.15 Million ▼ -164 days
2009 240 days Rs265.89 Million Rs1.11 Million/day Rs- Rs147.06 Million ▲ +126 days
2008 114 days Rs94.80 Million Rs832.27K/day Rs- Rs28.72 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)