Star Health and Allied Insurance Company Limited (STARHEALTH) — Defensive Interval Ratio

Latest as of March 2024: 189 days

Star Health and Allied Insurance Company Limited (STARHEALTH) has a Defensive Interval Ratio of 189 days as of March 2024. Defensive assets of Rs13.07 Billion (cash Rs-, short-term investments Rs9.23 Billion, receivables Rs3.84 Billion) cover 189 days of daily cash needs of Rs69.23 Million/day. Check STARHEALTH tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

189 days
Days of operational coverage

Defensive Assets

Rs13.07 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs69.23 Million
Current Liabilities ÷ 365

Current Liabilities

Rs25.27 Billion
INR

Star Health and Allied Insurance Company Limited Defensive Interval Ratio (2017–2025)

This chart shows how Star Health and Allied Insurance Company Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2024, the ratio stands at 189 days, meaning defensive assets of Rs13.07 Billion can fund 189 days of operations without new revenue. Also explore Star Health and Allied Insurance Company annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Star Health and Allied Insurance Company Limited (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Star Health and Allied Insurance Company Limited from 2017 to 2025, covering 9 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 how much is Star Health and Allied Insurance Company worth.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 159 days Rs16.33 Billion Rs102.62 Million/day Rs- Rs15.80 Billion ▼ -30 days
2024 189 days Rs13.07 Billion Rs69.23 Million/day Rs- Rs9.23 Billion ▼ -3 days
2023 192 days Rs10.52 Billion Rs54.87 Million/day Rs- Rs7.39 Billion ▲ +39 days
2022 152 days Rs9.33 Billion Rs61.22 Million/day Rs- Rs6.48 Billion ▲ +55 days
2021 97 days Rs3.93 Billion Rs40.47 Million/day Rs- Rs2.23 Billion ▼ -28 days
2020 125 days Rs4.07 Billion Rs32.45 Million/day Rs- Rs1.59 Billion ▲ +93 days
2019 32 days Rs831.28 Million Rs26.00 Million/day Rs- Rs60.43 Million ▼ -152 days
2018 184 days Rs2.63 Billion Rs14.31 Million/day Rs- Rs1.98 Billion ▲ +15 days
2017 169 days Rs1.23 Billion Rs7.26 Million/day Rs- Rs1.23 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)