TURKIYE GARANTI BANKASI AS (GBKB) — Defensive Interval Ratio

Latest as of March 2018: 0 days

TURKIYE GARANTI BANKASI AS (GBKB) has a Defensive Interval Ratio of 0 days as of March 2018. Defensive assets of €194.47 Million (cash €-, short-term investments €-, receivables €194.47 Million) cover 0 days of daily cash needs of €721.25 Million/day.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

€194.47 Million
Cash + ST Investments + Receivables

Daily Cash Need

€721.25 Million
Current Liabilities ÷ 365

Current Liabilities

€263.26 Billion
EUR

TURKIYE GARANTI BANKASI AS Defensive Interval Ratio (2014–2017)

This chart shows how TURKIYE GARANTI BANKASI AS's Defensive Interval Ratio has evolved across 4 annual periods from 2014 to 2017. As of March 2018, the ratio stands at 0 days, meaning defensive assets of €194.47 Million can fund 0 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of TURKIYE GARANTI BANKASI AS.

Annual Defensive Interval Ratio for TURKIYE GARANTI BANKASI AS (2014–2017)

The table below presents the year-by-year Defensive Interval Ratio for TURKIYE GARANTI BANKASI AS from 2014 to 2017, covering 4 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 how liquid is TURKIYE GARANTI BANKASI AS's working capital to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2017 20 days €14.28 Billion €715.48 Million/day €- €4.06 Billion ▼ -2 days
2016 22 days €14.83 Billion €666.95 Million/day €- €5.74 Billion ▼ -1 days
2015 24 days €11.19 Billion €473.41 Million/day €- €2.59 Billion ▲ +0 days
2014 23 days €9.96 Billion €427.73 Million/day €- €3.21 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)