Apeejay Surrendra Park Hotels Limited (PARKHOTELS) — Defensive Interval Ratio

Latest as of September 2025: 174 days

Apeejay Surrendra Park Hotels Limited (PARKHOTELS) has a Defensive Interval Ratio of 174 days as of September 2025. Defensive assets of Rs1.08 Billion (cash Rs-, short-term investments Rs638.70 Million, receivables Rs446.00 Million) cover 174 days of daily cash needs of Rs6.24 Million/day. Check tangible equity quality of Apeejay Surrendra Park Hotels Limited to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

174 days
Days of operational coverage

Defensive Assets

Rs1.08 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs6.24 Million
Current Liabilities ÷ 365

Current Liabilities

Rs2.28 Billion
INR

Apeejay Surrendra Park Hotels Limited Defensive Interval Ratio (2016–2024)

This chart shows how Apeejay Surrendra Park Hotels Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 174 days, meaning defensive assets of Rs1.08 Billion can fund 174 days of operations without new revenue. Also explore PARKHOTELS net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Apeejay Surrendra Park Hotels Limited (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Apeejay Surrendra Park Hotels Limited from 2016 to 2024, covering 8 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 Apeejay Surrendra Park Hotels Limited market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2024 205 days Rs947.50 Million Rs4.62 Million/day Rs- Rs561.30 Million ▲ +79 days
2023 126 days Rs535.40 Million Rs4.23 Million/day Rs- Rs119.60 Million ▲ +83 days
2022 43 days Rs264.50 Million Rs6.10 Million/day Rs- Rs3.50 Million ▲ +13 days
2021 30 days Rs193.50 Million Rs6.46 Million/day Rs- Rs3.30 Million ▼ -18 days
2020 48 days Rs281.60 Million Rs5.89 Million/day Rs- Rs3.40 Million ▼ -6 days
2018 54 days Rs274.07 Million Rs5.08 Million/day Rs- Rs2.92 Million ▼ -7 days
2017 61 days Rs274.56 Million Rs4.49 Million/day Rs- Rs2.86 Million ▼ -79 days
2016 140 days Rs604.49 Million Rs4.31 Million/day Rs- Rs3.90 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)