Southern Petrochemicals Industries Corporation Limited (SPIC) — Defensive Interval Ratio

Latest as of September 2025: 213 days

Southern Petrochemicals Industries Corporation Limited (SPIC) has a Defensive Interval Ratio of 213 days as of September 2025. Defensive assets of Rs3.79 Billion (cash Rs3.25 Billion, short-term investments Rs445.20 Million, receivables Rs94.10 Million) cover 213 days of daily cash needs of Rs17.83 Million/day. Check SPIC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

213 days
Days of operational coverage

Defensive Assets

Rs3.79 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs17.83 Million
Current Liabilities ÷ 365

Current Liabilities

Rs6.51 Billion
INR

Southern Petrochemicals Industries Corporation Limited Defensive Interval Ratio (2002–2025)

This chart shows how Southern Petrochemicals Industries Corporation Limited's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2025. As of September 2025, the ratio stands at 213 days, meaning defensive assets of Rs3.79 Billion can fund 213 days of operations without new revenue. Also explore SPIC net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Southern Petrochemicals Industries Corporation Limited (2002–2025)

The table below presents the year-by-year Defensive Interval Ratio for Southern Petrochemicals Industries Corporation Limited from 2002 to 2025, covering 23 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 Southern Petrochemicals Industries Corpo.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 17 days Rs428.20 Million Rs24.74 Million/day Rs- Rs305.90 Million ▼ -72 days
2024 90 days Rs1.53 Billion Rs17.04 Million/day Rs- Rs1.35 Billion ▲ +71 days
2023 19 days Rs565.85 Million Rs29.54 Million/day Rs164.25 Million Rs254.80 Million ▲ +5 days
2022 15 days Rs370.52 Million Rs25.39 Million/day Rs50.32 Million Rs279.79 Million ▲ +5 days
2021 10 days Rs306.99 Million Rs31.90 Million/day Rs- Rs276.81 Million ▲ +7 days
2020 2 days Rs105.83 Million Rs44.61 Million/day Rs- Rs-12.57 Million ▼ -243 days
2019 245 days Rs10.11 Billion Rs41.28 Million/day Rs- Rs-407.74 Million ▲ +189 days
2018 56 days Rs1.45 Billion Rs25.70 Million/day Rs- Rs-454.82 Million ▼ -49 days
2017 105 days Rs2.57 Billion Rs24.38 Million/day Rs- Rs-1.83 Billion ▲ +93 days
2016 12 days Rs437.78 Million Rs36.36 Million/day Rs- Rs43.73 Million ▼ -250 days
2015 262 days Rs8.13 Billion Rs31.02 Million/day Rs- Rs- ▲ +14 days
2014 248 days Rs8.09 Billion Rs32.58 Million/day Rs- Rs- ▲ +122 days
2013 126 days Rs1.37 Billion Rs10.87 Million/day Rs- Rs1.09 Million ▲ +76 days
2012 51 days Rs1.39 Billion Rs27.33 Million/day Rs- Rs32.19 Million ▼ -37 days
2011 88 days Rs3.76 Billion Rs42.98 Million/day Rs- Rs7.50 Million ▲ +52 days
2010 35 days Rs1.55 Billion Rs43.98 Million/day Rs- Rs- ▼ -10 days
2009 45 days Rs2.39 Billion Rs52.55 Million/day Rs- Rs- ▼ -15 days
2008 60 days Rs2.75 Billion Rs45.51 Million/day Rs- Rs- ▼ -63 days
2006 123 days Rs6.64 Billion Rs53.88 Million/day Rs- Rs24.63 Million ▼ -145 days
2005 268 days Rs12.49 Billion Rs46.54 Million/day Rs- Rs15.73 Million ▼ -86 days
2004 354 days Rs13.74 Billion Rs38.79 Million/day Rs- Rs267.64 Million ▲ +21 days
2003 333 days Rs18.62 Billion Rs55.92 Million/day Rs- Rs214.00 Million ▲ +3 days
2002 330 days Rs18.48 Billion Rs56.00 Million/day Rs- Rs175.43 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)