Wheels India Limited (WHEELS) — Defensive Interval Ratio

Latest as of September 2025: 141 days

Wheels India Limited (WHEELS) has a Defensive Interval Ratio of 141 days as of September 2025. Defensive assets of Rs7.66 Billion (cash Rs-, short-term investments Rs122.00 Million, receivables Rs7.53 Billion) cover 141 days of daily cash needs of Rs54.25 Million/day. Check WHEELS tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

141 days
Days of operational coverage

Defensive Assets

Rs7.66 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs54.25 Million
Current Liabilities ÷ 365

Current Liabilities

Rs19.80 Billion
INR

Wheels India Limited Defensive Interval Ratio (2006–2025)

This chart shows how Wheels India Limited's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 141 days, meaning defensive assets of Rs7.66 Billion can fund 141 days of operations without new revenue. Also explore Wheels India Limited net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Wheels India Limited (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for Wheels India Limited from 2006 to 2025, covering 20 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 WHEELS market cap overview.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 156 days Rs8.03 Billion Rs51.51 Million/day Rs8.90 Million Rs11.50 Million ▲ +16 days
2024 140 days Rs7.30 Billion Rs52.01 Million/day Rs15.30 Million Rs21.10 Million ▼ -2 days
2023 142 days Rs7.72 Billion Rs54.20 Million/day Rs22.50 Million Rs8.00 Million ▼ -30 days
2022 172 days Rs8.98 Billion Rs52.17 Million/day Rs35.70 Million Rs27.60 Million ▼ -22 days
2021 194 days Rs7.42 Billion Rs38.17 Million/day Rs7.70 Million Rs5.60 Million ▲ +6 days
2020 189 days Rs4.96 Billion Rs26.31 Million/day Rs22.90 Million Rs91.00 Million ▼ -13 days
2019 202 days Rs5.95 Billion Rs29.47 Million/day Rs1.30 Million Rs87.30 Million ▼ -8 days
2018 210 days Rs4.94 Billion Rs23.46 Million/day Rs11.50 Million Rs91.70 Million ▼ -21 days
2017 232 days Rs4.43 Billion Rs19.09 Million/day Rs7.30 Million Rs58.10 Million ▲ +38 days
2016 194 days Rs3.29 Billion Rs16.98 Million/day Rs- Rs-165.50 Million ▼ -19 days
2015 213 days Rs3.68 Billion Rs17.33 Million/day Rs- Rs3.20 Million ▲ +23 days
2014 190 days Rs3.03 Billion Rs15.99 Million/day Rs- Rs5.00 Million ▼ -35 days
2013 224 days Rs3.25 Billion Rs14.49 Million/day Rs- Rs5.00 Million ▲ +39 days
2012 185 days Rs3.11 Billion Rs16.81 Million/day Rs- Rs5.00 Million ▼ -89 days
2011 274 days Rs2.71 Billion Rs9.87 Million/day Rs- Rs- ▼ -57 days
2010 332 days Rs2.27 Billion Rs6.83 Million/day Rs- Rs- ▼ -44 days
2009 376 days Rs1.98 Billion Rs5.27 Million/day Rs- Rs- ▲ +110 days
2008 266 days Rs1.71 Billion Rs6.44 Million/day Rs- Rs- ▼ -141 days
2007 407 days Rs1.64 Billion Rs4.04 Million/day Rs- Rs- ▲ +46 days
2006 361 days Rs1.49 Billion Rs4.14 Million/day Rs- Rs136.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)