TCI Express Limited (TCIEXP) — Defensive Interval Ratio

Latest as of September 2025: 1058 days

TCI Express Limited (TCIEXP) has a Defensive Interval Ratio of 1058 days as of September 2025. Defensive assets of Rs3.90 Billion (cash Rs49.50 Million, short-term investments Rs1.41 Billion, receivables Rs2.44 Billion) cover 1058 days of daily cash needs of Rs3.68 Million/day. Check TCI Express Limited (TCIEXP) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1058 days
Days of operational coverage

Defensive Assets

Rs3.90 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs3.68 Million
Current Liabilities ÷ 365

Current Liabilities

Rs1.34 Billion
INR

TCI Express Limited Defensive Interval Ratio (2015–2025)

This chart shows how TCI Express Limited's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of September 2025, the ratio stands at 1058 days, meaning defensive assets of Rs3.90 Billion can fund 1058 days of operations without new revenue. Also explore TCI Express Limited equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for TCI Express Limited (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for TCI Express Limited from 2015 to 2025, covering 11 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 TCI Express Limited stock valuation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 1013 days Rs3.74 Billion Rs3.69 Million/day Rs- Rs1.48 Billion ▲ +103 days
2024 910 days Rs3.22 Billion Rs3.54 Million/day Rs- Rs900.40 Million ▲ +186 days
2023 724 days Rs2.47 Billion Rs3.40 Million/day Rs28.80 Million Rs321.60 Million ▼ -172 days
2022 896 days Rs2.77 Billion Rs3.09 Million/day Rs- Rs870.50 Million ▲ +55 days
2021 841 days Rs2.45 Billion Rs2.91 Million/day Rs- Rs750.70 Million ▲ +35 days
2020 806 days Rs1.95 Billion Rs2.41 Million/day Rs- Rs285.90 Million ▲ +103 days
2019 703 days Rs2.00 Billion Rs2.85 Million/day Rs- Rs285.90 Million ▲ +273 days
2018 430 days Rs1.54 Billion Rs3.59 Million/day Rs- Rs500.00K ▼ -65 days
2017 495 days Rs1.21 Billion Rs2.44 Million/day Rs- Rs467.00K ▼ -31 days
2016 526 days Rs1.05 Billion Rs1.99 Million/day Rs- Rs- ▲ +503 days
2015 23 days Rs431.00 Rs18.93/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)