Tata Steel Limited (TATASTEEL) — Defensive Interval Ratio

Latest as of September 2025: 37 days

Tata Steel Limited (TATASTEEL) has a Defensive Interval Ratio of 37 days as of September 2025. Defensive assets of Rs91.48 Billion (cash Rs-, short-term investments Rs33.69 Billion, receivables Rs57.79 Billion) cover 37 days of daily cash needs of Rs2.46 Billion/day. Check TATASTEEL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

37 days
Days of operational coverage

Defensive Assets

Rs91.48 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs2.46 Billion
Current Liabilities ÷ 365

Current Liabilities

Rs897.59 Billion
INR

Tata Steel Limited Defensive Interval Ratio (2005–2025)

This chart shows how Tata Steel Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 37 days, meaning defensive assets of Rs91.48 Billion can fund 37 days of operations without new revenue. Also explore TATASTEEL net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tata Steel Limited (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tata Steel Limited from 2005 to 2025, 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. For live market cap and the full company financial profile, see Tata Steel Limited market cap and net worth.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 24 days Rs57.08 Billion Rs2.36 Billion/day Rs- Rs4.43 Billion ▼ -6 days
2024 30 days Rs81.15 Billion Rs2.70 Billion/day Rs- Rs17.74 Billion ▼ -15 days
2023 45 days Rs119.24 Billion Rs2.67 Billion/day Rs- Rs36.30 Billion ▼ -64 days
2022 108 days Rs268.85 Billion Rs2.48 Billion/day Rs- Rs104.75 Billion ▲ +15 days
2021 94 days Rs181.85 Billion Rs1.94 Billion/day Rs- Rs86.10 Billion ▲ +22 days
2020 71 days Rs120.65 Billion Rs1.69 Billion/day Rs- Rs37.87 Billion ▼ -19 days
2019 91 days Rs151.89 Billion Rs1.67 Billion/day Rs- Rs29.62 Billion ▼ -94 days
2018 185 days Rs282.43 Billion Rs1.52 Billion/day Rs- Rs154.65 Billion ▲ +48 days
2017 138 days Rs189.74 Billion Rs1.38 Billion/day Rs- Rs60.00 Billion ▲ +14 days
2016 124 days Rs171.28 Billion Rs1.39 Billion/day Rs- Rs47.16 Billion ▲ +6 days
2015 118 days Rs147.88 Billion Rs1.26 Billion/day Rs- Rs13.75 Billion ▲ +11 days
2014 107 days Rs188.29 Billion Rs1.76 Billion/day Rs- Rs26.68 Billion ▲ +1 days
2013 106 days Rs151.77 Billion Rs1.43 Billion/day Rs- Rs7.60 Billion ▼ -19 days
2012 125 days Rs163.08 Billion Rs1.30 Billion/day Rs- Rs13.98 Billion ▼ -127 days
2011 253 days Rs233.66 Billion Rs924.96 Million/day Rs- Rs- ▲ +31 days
2010 222 days Rs182.45 Billion Rs821.44 Million/day Rs- Rs- ▲ +222 days
2009 0 days Rs172.80 Million Rs828.79 Million/day Rs- Rs- ▲ +0 days
2008 0 days Rs41.50 Million Rs900.04 Million/day Rs- Rs- ▲ +10 days
2007 -10 days Rs-2.10 Billion Rs206.13 Million/day Rs- Rs- ▲ +11 days
2006 -21 days Rs-2.56 Billion Rs119.66 Million/day Rs- Rs- ▼ -4 days
2005 -17 days Rs-2.18 Billion Rs125.35 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)