Suryoday Small Finance Bank Limited (SURYODAY) — Defensive Interval Ratio

Latest as of March 2024: -275 days

Suryoday Small Finance Bank Limited (SURYODAY) has a Defensive Interval Ratio of -275 days as of March 2024. Defensive assets of Rs-22.38 Billion (cash Rs-, short-term investments Rs-23.60 Billion, receivables Rs1.22 Billion) cover -275 days of daily cash needs of Rs81.25 Million/day. Check SURYODAY tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

-275 days
Days of operational coverage

Defensive Assets

Rs-22.38 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs81.25 Million
Current Liabilities ÷ 365

Current Liabilities

Rs29.66 Billion
INR

Suryoday Small Finance Bank Limited Defensive Interval Ratio (2018–2025)

This chart shows how Suryoday Small Finance Bank Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2024, the ratio stands at -275 days, meaning defensive assets of Rs-22.38 Billion can fund -275 days of operations without new revenue. Also explore net asset momentum of Suryoday Small Finance Bank Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Suryoday Small Finance Bank Limited (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for Suryoday Small Finance Bank 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 market cap of Suryoday Small Finance Bank Limited.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 14 days Rs4.07 Billion Rs289.85 Million/day Rs- Rs- ▲ +289 days
2024 -275 days Rs-22.38 Billion Rs81.25 Million/day Rs- Rs-23.60 Billion ▲ +4851 days
2023 -5126 days Rs-6.94 Billion Rs1.35 Million/day Rs- Rs-7.76 Billion ▼ -6507 days
2022 1380 days Rs822.05 Million Rs595.48K/day Rs- Rs35.76 Million ▲ +1733 days
2021 -353 days Rs-178.55 Million Rs505.87K/day Rs- Rs-908.71 Million ▼ -395 days
2020 42 days Rs25.20 Million Rs603.51K/day Rs- Rs-541.75 Million ▼ -430 days
2019 472 days Rs424.70 Million Rs900.03K/day Rs- Rs- ▼ -222 days
2018 694 days Rs270.34 Million Rs389.81K/day Rs- Rs-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)