Zenith Steel Pipes & Industries Limited (ZENITHSTL) — Defensive Interval Ratio

Latest as of March 2025: 69 days

Zenith Steel Pipes & Industries Limited (ZENITHSTL) has a Defensive Interval Ratio of 69 days as of March 2025. Defensive assets of Rs721.20 Million (cash Rs-, short-term investments Rs3.77 Million, receivables Rs717.42 Million) cover 69 days of daily cash needs of Rs10.48 Million/day.

Defensive Interval Ratio

69 days
Days of operational coverage

Defensive Assets

Rs721.20 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs10.48 Million
Current Liabilities ÷ 365

Current Liabilities

Rs3.82 Billion
INR

Zenith Steel Pipes & Industries Limited Defensive Interval Ratio (2005–2025)

This chart shows how Zenith Steel Pipes & Industries Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2025, the ratio stands at 69 days, meaning defensive assets of Rs721.20 Million can fund 69 days of operations without new revenue. For the complete balance sheet picture, see Zenith Steel Pipes & Industries Limited total assets.

Annual Defensive Interval Ratio for Zenith Steel Pipes & Industries Limited (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for Zenith Steel Pipes & Industries 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. See Zenith Steel Pipes & Industries Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 69 days Rs721.20 Million Rs10.48 Million/day Rs- Rs3.77 Million ▲ +1 days
2024 68 days Rs757.28 Million Rs11.11 Million/day Rs- Rs6.59 Million ▲ +46 days
2023 22 days Rs243.52 Million Rs11.16 Million/day Rs- Rs6.09 Million ▼ -67 days
2022 89 days Rs1.01 Billion Rs11.29 Million/day Rs- Rs21.52 Million ▲ +77 days
2021 13 days Rs127.52 Million Rs10.20 Million/day Rs- Rs6.20 Million ▲ +4 days
2020 8 days Rs94.38 Million Rs11.12 Million/day Rs- Rs6.20 Million ▼ -20 days
2019 29 days Rs360.55 Million Rs12.51 Million/day Rs- Rs1.00K ▼ -67 days
2018 96 days Rs1.16 Billion Rs12.07 Million/day Rs- Rs- ▼ -16 days
2017 112 days Rs1.26 Billion Rs11.22 Million/day Rs- Rs- ▼ -22 days
2016 134 days Rs1.35 Billion Rs10.10 Million/day Rs- Rs- ▲ +25 days
2015 109 days Rs1.03 Billion Rs9.45 Million/day Rs- Rs- ▼ -2 days
2014 111 days Rs1.15 Billion Rs10.35 Million/day Rs- Rs1.00K ▼ -188 days
2013 299 days Rs3.57 Billion Rs11.94 Million/day Rs- Rs- ▲ +42 days
2012 257 days Rs2.43 Billion Rs9.45 Million/day Rs- Rs- ▼ -133 days
2011 390 days Rs2.64 Billion Rs6.77 Million/day Rs- Rs- ▲ +18 days
2010 371 days Rs2.68 Billion Rs7.21 Million/day Rs- Rs- ▼ -27 days
2009 398 days Rs2.62 Billion Rs6.58 Million/day Rs- Rs- ▼ -82 days
2008 480 days Rs2.80 Billion Rs5.82 Million/day Rs- Rs- ▲ +34 days
2007 446 days Rs2.17 Billion Rs4.85 Million/day Rs- Rs- ▲ +294 days
2006 152 days Rs834.07 Million Rs5.47 Million/day Rs- Rs55.62 Million ▼ -24 days
2005 176 days Rs754.70 Million Rs4.28 Million/day Rs- Rs54.43 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)