Tips Music Limited Defensive Interval Ratio
Tips Music Limited defensive interval ratio. Tips Music Limited (TIPSMUSIC) has a Defensive Interval Ratio of 1013 days as of March 2026. Defensive assets of Rs2.69 Billion (cash Rs-, short-term investments Rs2.34 Billion, receivables Rs345.28 Million) cover 1013 days of daily cash needs of Rs2.66 Million/day. See TIPSMUSIC working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Tips Music Limited (2021–2026)
Defensive interval ratio of Tips Music Limited from 2021 to 2026. This chart shows how Tips Music Limited's Defensive Interval Ratio has evolved across 6 annual periods from 2021 to 2026. As of March 2026, the ratio stands at 1013 days, meaning defensive assets of Rs2.69 Billion can fund 1013 days of operations without new revenue. Read debt load of Tips Music Limited for a breakdown of total debt and financial obligations.
Tips Music Limited Defensive Interval Ratio by Year (2021–2026)
Tips Music Limited defensive interval ratio by year from 2021 to 2026. The table below presents the year-by-year Defensive Interval Ratio for Tips Music Limited from 2021 to 2026, covering 6 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 the complete balance sheet picture, see balance sheet size of Tips Music Limited.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 1013 days | Rs2.69 Billion | Rs2.66 Million/day | Rs- | Rs2.34 Billion | ▲ +220 days |
| 2025 | 792 days | Rs2.37 Billion | Rs3.00 Million/day | Rs- | Rs2.03 Billion | ▼ -83 days |
| 2024 | 875 days | Rs2.00 Billion | Rs2.29 Million/day | Rs- | Rs1.74 Billion | ▲ +69 days |
| 2023 | 806 days | Rs1.18 Billion | Rs1.46 Million/day | Rs- | Rs973.85 Million | ▼ -1295 days |
| 2022 | 2101 days | Rs631.52 Million | Rs300.58K/day | Rs- | Rs452.32 Million | ▲ +840 days |
| 2021 | 1261 days | Rs354.28 Million | Rs280.85K/day | Rs- | Rs203.57 Million | — |