S. P. Apparels Limited Defensive Interval Ratio

Latest as of September 2025: 165 days

S. P. Apparels Limited defensive interval ratio. S. P. Apparels Limited (SPAL) has a Defensive Interval Ratio of 165 days as of September 2025. Defensive assets of Rs2.38 Billion (cash Rs-, short-term investments Rs65.22 Million, receivables Rs2.31 Billion) cover 165 days of daily cash needs of Rs14.42 Million/day. See S. P. Apparels Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

165 days
Days of operational coverage

Defensive Assets

Rs2.38 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs14.42 Million
Current Liabilities ÷ 365

Current Liabilities

Rs5.26 Billion
INR

Defensive Interval Ratio of S. P. Apparels Limited (2011–2025)

Defensive interval ratio of S. P. Apparels Limited from 2011 to 2025. This chart shows how S. P. Apparels Limited's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of September 2025, the ratio stands at 165 days, meaning defensive assets of Rs2.38 Billion can fund 165 days of operations without new revenue. Check SPAL asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

S. P. Apparels Limited Defensive Interval Ratio by Year (2011–2025)

S. P. Apparels Limited defensive interval ratio by year from 2011 to 2025. The table below presents the year-by-year Defensive Interval Ratio for S. P. Apparels Limited from 2011 to 2025, covering 15 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 the complete balance sheet picture, see balance sheet size of S. P. Apparels Limited.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 184 days Rs2.57 Billion Rs13.94 Million/day Rs- Rs62.40 Million ▼ -65 days
2024 249 days Rs2.15 Billion Rs8.64 Million/day Rs- Rs502.78 Million ▲ +65 days
2023 185 days Rs1.77 Billion Rs9.61 Million/day Rs- Rs726.24 Million ▲ +4 days
2022 181 days Rs1.57 Billion Rs8.67 Million/day Rs- Rs26.24 Million ▼ -5 days
2021 187 days Rs1.34 Billion Rs7.17 Million/day Rs- Rs104.52 Million ▼ -38 days
2020 225 days Rs1.73 Billion Rs7.69 Million/day Rs- Rs329.16 Million ▲ +44 days
2019 180 days Rs1.65 Billion Rs9.13 Million/day Rs- Rs580.00K ▼ -34 days
2018 214 days Rs1.97 Billion Rs9.20 Million/day Rs- Rs309.22 Million ▼ -146 days
2017 360 days Rs2.30 Billion Rs6.40 Million/day Rs- Rs581.73 Million ▲ +234 days
2016 126 days Rs1.12 Billion Rs8.91 Million/day Rs- Rs1.65 Million ▲ +40 days
2015 86 days Rs746.13 Million Rs8.65 Million/day Rs- Rs3.19 Million ▲ +25 days
2014 61 days Rs549.05 Million Rs8.95 Million/day Rs- Rs7.08 Million ▼ -14 days
2013 76 days Rs708.79 Million Rs9.38 Million/day Rs- Rs9.15 Million ▼ -12 days
2012 88 days Rs752.89 Million Rs8.58 Million/day Rs- Rs9.20 Million ▲ +2 days
2011 86 days Rs644.41 Million Rs7.50 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)