SecUR Credentials Limited (SECURCRED) — Defensive Interval Ratio

Latest as of September 2023: 620 days

SecUR Credentials Limited (SECURCRED) has a Defensive Interval Ratio of 620 days as of September 2023. Defensive assets of Rs384.53 Million (cash Rs-, short-term investments Rs18.63 Million, receivables Rs365.90 Million) cover 620 days of daily cash needs of Rs620.03K/day. Check SECURCRED tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

620 days
Days of operational coverage

Defensive Assets

Rs384.53 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs620.03K
Current Liabilities ÷ 365

Current Liabilities

Rs226.31 Million
INR

SecUR Credentials Limited Defensive Interval Ratio (2014–2024)

This chart shows how SecUR Credentials Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2024. As of September 2023, the ratio stands at 620 days, meaning defensive assets of Rs384.53 Million can fund 620 days of operations without new revenue. Also explore net asset momentum of SecUR Credentials Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for SecUR Credentials Limited (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for SecUR Credentials Limited from 2014 to 2024, covering 9 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 SecUR Credentials Limited stock valuation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2024 707 days Rs351.52 Million Rs497.01K/day Rs- Rs19.29 Million ▲ +313 days
2023 395 days Rs401.63 Million Rs1.02 Million/day Rs- Rs17.71 Million ▼ -38 days
2022 432 days Rs546.42 Million Rs1.26 Million/day Rs- Rs17.71 Million ▲ +37 days
2021 396 days Rs434.46 Million Rs1.10 Million/day Rs- Rs-66.19 Million ▲ +6 days
2020 390 days Rs412.77 Million Rs1.06 Million/day Rs- Rs16.25 Million ▲ +44 days
2019 346 days Rs298.92 Million Rs864.89K/day Rs- Rs15.31 Million ▼ -401 days
2018 746 days Rs182.44 Million Rs244.44K/day Rs- Rs14.42 Million ▲ +604 days
2017 143 days Rs24.86 Million Rs174.42K/day Rs- Rs2.96 Million ▲ +135 days
2014 8 days Rs70.00K Rs8.78K/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)