Tamilnad Mercantile Bank Limited (TMB) — Defensive Interval Ratio
Tamilnad Mercantile Bank Limited (TMB) has a Defensive Interval Ratio of 4 days as of March 2025. Defensive assets of Rs5.93 Billion (cash Rs-, short-term investments Rs-, receivables Rs5.93 Billion) cover 4 days of daily cash needs of Rs1.47 Billion/day. Check TMB intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tamilnad Mercantile Bank Limited Defensive Interval Ratio (2020–2025)
This chart shows how Tamilnad Mercantile Bank Limited's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2025, the ratio stands at 4 days, meaning defensive assets of Rs5.93 Billion can fund 4 days of operations without new revenue. Also explore Tamilnad Mercantile Bank Limited (TMB) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Tamilnad Mercantile Bank Limited (2020–2025)
The table below presents the year-by-year Defensive Interval Ratio for Tamilnad Mercantile Bank Limited from 2020 to 2025, 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 live market cap and the full company financial profile, see TMB market cap overview.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 4 days | Rs5.93 Billion | Rs1.47 Billion/day | Rs- | Rs- | ▼ -2 days |
| 2024 | 6 days | Rs8.24 Billion | Rs1.36 Billion/day | Rs- | Rs- | ▲ +2530 days |
| 2023 | -2524 days | Rs-10.03 Billion | Rs3.98 Million/day | Rs- | Rs-16.22 Billion | ▼ -2515 days |
| 2022 | -8 days | Rs-10.29 Billion | Rs1.23 Billion/day | Rs- | Rs-17.50 Billion | ▼ -2 days |
| 2021 | -6 days | Rs-7.34 Billion | Rs1.13 Billion/day | Rs- | Rs-14.20 Billion | ▼ -12 days |
| 2020 | 6 days | Rs5.75 Billion | Rs1.02 Billion/day | Rs- | Rs- | — |