Akfen Yenilenebilir Enerji A.S. (AKFYE) — Defensive Interval Ratio

Latest as of September 2024: 38 days

Akfen Yenilenebilir Enerji A.S. (AKFYE) has a Defensive Interval Ratio of 38 days as of September 2024. Defensive assets of TL352.70 Million (cash TL-, short-term investments TL-, receivables TL352.70 Million) cover 38 days of daily cash needs of TL9.33 Million/day. See working capital position of Akfen Yenilenebilir Enerji A.S. to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

38 days
Days of operational coverage

Defensive Assets

TL352.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL9.33 Million
Current Liabilities ÷ 365

Current Liabilities

TL3.40 Billion
TRY

Akfen Yenilenebilir Enerji A.S. Defensive Interval Ratio (2020–2023)

This chart shows how Akfen Yenilenebilir Enerji A.S.'s Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 38 days, meaning defensive assets of TL352.70 Million can fund 38 days of operations without new revenue. See AKFYE net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Akfen Yenilenebilir Enerji A.S. (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for Akfen Yenilenebilir Enerji A.S. from 2020 to 2023, 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. For live market cap and the full company financial profile, see Akfen Yenilenebilir Enerji A.S. (AKFYE) total market value.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2023 54 days TL467.67 Million TL8.61 Million/day TL- TL- ▼ -15 days
2022 69 days TL743.42 Million TL10.79 Million/day TL- TL- ▲ +25 days
2021 43 days TL206.70 Million TL4.75 Million/day TL- TL- ▼ -1 days
2020 44 days TL100.91 Million TL2.29 Million/day TL- TL-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)