Refex Industries Limited (REFEX) — Defensive Interval Ratio

Latest as of September 2025: 761 days

Refex Industries Limited (REFEX) has a Defensive Interval Ratio of 761 days as of September 2025. Defensive assets of Rs11.17 Billion (cash Rs2.33 Billion, short-term investments Rs641.61 Million, receivables Rs8.20 Billion) cover 761 days of daily cash needs of Rs14.67 Million/day. Check how tangible is Refex Industries Limited's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

761 days
Days of operational coverage

Defensive Assets

Rs11.17 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs14.67 Million
Current Liabilities ÷ 365

Current Liabilities

Rs5.36 Billion
INR

Refex Industries Limited Defensive Interval Ratio (2005–2025)

This chart shows how Refex Industries Limited's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 761 days, meaning defensive assets of Rs11.17 Billion can fund 761 days of operations without new revenue. Also explore REFEX year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Refex Industries Limited (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for Refex Industries Limited from 2005 to 2025, covering 20 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 Refex Industries Limited market cap and net worth.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 882 days Rs9.58 Billion Rs10.86 Million/day Rs1.00 Billion Rs291.96 Million ▲ +111 days
2024 771 days Rs4.09 Billion Rs5.31 Million/day Rs326.18 Million Rs317.06 Million ▲ +423 days
2023 347 days Rs3.16 Billion Rs9.10 Million/day Rs102.34 Million Rs243.87 Million ▼ -59 days
2022 407 days Rs1.51 Billion Rs3.72 Million/day Rs71.72 Million Rs277.47 Million ▲ +120 days
2021 287 days Rs1.01 Billion Rs3.54 Million/day Rs45.98 Million Rs5.43 Million ▼ -432 days
2020 719 days Rs959.32 Million Rs1.33 Million/day Rs209.56 Million Rs5.95 Million ▲ +432 days
2019 287 days Rs907.65 Million Rs3.16 Million/day Rs38.74 Million Rs-6.10 Million ▼ -582 days
2018 869 days Rs1.08 Billion Rs1.24 Million/day Rs6.96 Million Rs353.79 Million ▼ -197 days
2017 1066 days Rs392.18 Million Rs367.89K/day Rs7.65 Million Rs- ▲ +733 days
2016 333 days Rs990.41 Million Rs2.97 Million/day Rs- Rs- ▲ +30 days
2015 303 days Rs503.31 Million Rs1.66 Million/day Rs- Rs- ▲ +246 days
2014 56 days Rs45.05 Million Rs799.80K/day Rs- Rs- ▼ -22 days
2013 79 days Rs98.58 Million Rs1.25 Million/day Rs- Rs- ▼ -86 days
2012 165 days Rs211.33 Million Rs1.28 Million/day Rs- Rs- ▼ -80 days
2011 245 days Rs377.37 Million Rs1.54 Million/day Rs- Rs- ▼ -474 days
2009 719 days Rs427.03 Million Rs593.99K/day Rs- Rs14.70 Million ▼ -441 days
2008 1159 days Rs265.29 Million Rs228.80K/day Rs- Rs11.86 Million ▲ +282 days
2007 877 days Rs225.87 Million Rs257.53K/day Rs- Rs- ▲ +613 days
2006 264 days Rs16.43 Million Rs62.32K/day Rs- Rs- ▲ +104 days
2005 160 days Rs2.00 Million Rs12.50K/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)