Solara Active Pharma Sciences Limited (SOLARA) — Defensive Interval Ratio

Latest as of September 2025: 151 days

Solara Active Pharma Sciences Limited (SOLARA) has a Defensive Interval Ratio of 151 days as of September 2025. Defensive assets of Rs3.59 Billion (cash Rs37.10 Million, short-term investments Rs132.20 Million, receivables Rs3.42 Billion) cover 151 days of daily cash needs of Rs23.84 Million/day. Check Solara Active Pharma Sciences Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

151 days
Days of operational coverage

Defensive Assets

Rs3.59 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs23.84 Million
Current Liabilities ÷ 365

Current Liabilities

Rs8.70 Billion
INR

Solara Active Pharma Sciences Limited Defensive Interval Ratio (2018–2025)

This chart shows how Solara Active Pharma Sciences Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of September 2025, the ratio stands at 151 days, meaning defensive assets of Rs3.59 Billion can fund 151 days of operations without new revenue. Also explore Solara Active Pharma Sciences Limited annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Solara Active Pharma Sciences Limited (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for Solara Active Pharma Sciences Limited from 2018 to 2025, 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 market cap of Solara Active Pharma Sciences Limited.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 133 days Rs3.43 Billion Rs25.87 Million/day Rs39.50 Million Rs125.20 Million ▲ +28 days
2024 105 days Rs3.56 Billion Rs34.05 Million/day Rs- Rs75.80 Million ▼ -81 days
2023 185 days Rs5.59 Billion Rs30.16 Million/day Rs87.30 Million Rs133.90 Million ▼ -1 days
2022 186 days Rs5.43 Billion Rs29.13 Million/day Rs424.70 Million Rs104.00 Million ▼ -141 days
2021 327 days Rs7.07 Billion Rs21.61 Million/day Rs1.94 Billion Rs286.20 Million ▲ +179 days
2020 148 days Rs2.97 Billion Rs20.00 Million/day Rs548.40 Million Rs152.10 Million ▼ -24 days
2019 173 days Rs3.10 Billion Rs17.96 Million/day Rs721.10 Million Rs-695.12 Million ▲ +37 days
2018 136 days Rs2.75 Billion Rs20.22 Million/day Rs459.52 Million Rs-497.69 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)