Solara Active Pharma Sciences Limited (SOLARA) — Defensive Interval Ratio
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. See how liquid is Solara Active Pharma Sciences Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See Solara Active Pharma Sciences Limited balance sheet quality to measure how much of total assets are equity-financed.
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 SOLARA market cap overview.
| 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 | — |