Akbank TAS (AKBNK) — Defensive Interval Ratio

Latest as of March 2023: 0 days

Akbank TAS (AKBNK) has a Defensive Interval Ratio of 0 days as of March 2023. Defensive assets of TL257.00 Million (cash TL-, short-term investments TL-, receivables TL257.00 Million) cover 0 days of daily cash needs of TL2.32 Billion/day. Check Akbank TAS tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

TL257.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL2.32 Billion
Current Liabilities ÷ 365

Current Liabilities

TL846.57 Billion
TRY

Akbank TAS Defensive Interval Ratio (2014–2022)

This chart shows how Akbank TAS's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2022. As of March 2023, the ratio stands at 0 days, meaning defensive assets of TL257.00 Million can fund 0 days of operations without new revenue. Also explore Akbank TAS (AKBNK) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Akbank TAS (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Akbank TAS from 2014 to 2022, covering 8 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 AKBNK market cap overview.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2022 0 days TL355.56 Million TL2.34 Billion/day TL- TL- ▲ +0 days
2021 0 days TL124.00 Million TL1.35 Billion/day TL- TL- ▼ -12 days
2019 12 days TL8.43 Billion TL706.90 Million/day TL- TL8.42 Billion ▼ -8 days
2018 20 days TL12.42 Billion TL620.31 Million/day TL- TL12.11 Billion ▲ +5 days
2017 15 days TL10.04 Billion TL683.59 Million/day TL- TL8.09 Million ▼ -6 days
2016 21 days TL10.39 Billion TL498.86 Million/day TL- TL569.00K ▼ -13 days
2015 34 days TL14.75 Billion TL432.96 Million/day TL- TL5.93 Billion ▼ -51 days
2014 85 days TL32.12 Billion TL377.10 Million/day TL- TL26.91 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)