Steel Strips Wheels Limited (SSWL) — Defensive Interval Ratio

Latest as of March 2026: 139 days

Steel Strips Wheels Limited (SSWL) has a Defensive Interval Ratio of 139 days as of March 2026. Defensive assets of Rs6.19 Billion (cash Rs-, short-term investments Rs50.73 Million, receivables Rs6.14 Billion) cover 139 days of daily cash needs of Rs44.56 Million/day.

Defensive Interval Ratio

139 days
Days of operational coverage

Defensive Assets

Rs6.19 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs44.56 Million
Current Liabilities ÷ 365

Current Liabilities

Rs16.26 Billion
INR

Steel Strips Wheels Limited Defensive Interval Ratio (2006–2026)

This chart shows how Steel Strips Wheels Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 139 days, meaning defensive assets of Rs6.19 Billion can fund 139 days of operations without new revenue. For the complete balance sheet picture, see SSWL total assets.

Annual Defensive Interval Ratio for Steel Strips Wheels Limited (2006–2026)

The table below presents the year-by-year Defensive Interval Ratio for Steel Strips Wheels Limited from 2006 to 2026, covering 21 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Steel Strips Wheels Limited (SSWL) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 139 days Rs6.19 Billion Rs44.56 Million/day Rs- Rs50.73 Million ▲ +7 days
2025 132 days Rs4.95 Billion Rs37.55 Million/day Rs26.53 Million Rs20.99 Million ▲ +2 days
2024 129 days Rs4.72 Billion Rs36.50 Million/day Rs25.81 Million Rs19.35 Million ▲ +9 days
2023 120 days Rs4.00 Billion Rs33.29 Million/day Rs256.66 Million Rs252.35 Million ▼ 0 days
2022 120 days Rs3.96 Billion Rs32.91 Million/day Rs- Rs47.00K ▲ +17 days
2021 104 days Rs2.82 Billion Rs27.19 Million/day Rs-1.00K Rs248.88 Million ▼ -23 days
2020 127 days Rs2.74 Billion Rs21.65 Million/day Rs- Rs597.19 Million ▲ +37 days
2019 89 days Rs1.99 Billion Rs22.26 Million/day Rs- Rs226.00K ▼ -32 days
2018 122 days Rs3.19 Billion Rs26.27 Million/day Rs- Rs4.44 Million ▼ -39 days
2017 161 days Rs2.85 Billion Rs17.72 Million/day Rs- Rs702.80 Million ▲ +42 days
2016 119 days Rs1.77 Billion Rs14.96 Million/day Rs- Rs-35.47 Million ▼ -22 days
2015 141 days Rs1.86 Billion Rs13.25 Million/day Rs- Rs- ▼ -41 days
2014 181 days Rs2.28 Billion Rs12.60 Million/day Rs- Rs- ▲ +44 days
2013 137 days Rs1.61 Billion Rs11.76 Million/day Rs- Rs- ▼ -37 days
2012 174 days Rs1.66 Billion Rs9.53 Million/day Rs- Rs- ▼ -54 days
2011 228 days Rs1.04 Billion Rs4.55 Million/day Rs- Rs- ▼ -54 days
2010 282 days Rs808.93 Million Rs2.87 Million/day Rs- Rs- ▼ -25 days
2009 307 days Rs486.98 Million Rs1.59 Million/day Rs- Rs- ▲ +9 days
2008 298 days Rs635.64 Million Rs2.13 Million/day Rs- Rs- ▼ -99 days
2007 397 days Rs286.72 Million Rs722.39K/day Rs- Rs- ▲ +135 days
2006 262 days Rs269.43 Million Rs1.03 Million/day Rs- Rs26.39 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)