AK Sigorta AS (AKGRT) — Defensive Interval Ratio

Latest as of June 2023: 267 days

AK Sigorta AS (AKGRT) has a Defensive Interval Ratio of 267 days as of June 2023. Defensive assets of TL9.20 Billion (cash TL-, short-term investments TL5.99 Billion, receivables TL3.22 Billion) cover 267 days of daily cash needs of TL34.53 Million/day. See AKGRT net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

267 days
Days of operational coverage

Defensive Assets

TL9.20 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL34.53 Million
Current Liabilities ÷ 365

Current Liabilities

TL12.60 Billion
TRY

AK Sigorta AS Defensive Interval Ratio (2014–2022)

This chart shows how AK Sigorta AS's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 267 days, meaning defensive assets of TL9.20 Billion can fund 267 days of operations without new revenue. See AK Sigorta AS balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for AK Sigorta AS (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for AK Sigorta AS from 2014 to 2022, covering 9 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 market cap of AK Sigorta AS.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2022 211 days TL6.18 Billion TL29.25 Million/day TL- TL3.35 Billion ▼ -54 days
2021 265 days TL4.50 Billion TL16.97 Million/day TL- TL2.96 Billion ▲ +21 days
2020 244 days TL2.85 Billion TL11.69 Million/day TL- TL1.74 Billion ▲ +31 days
2019 212 days TL2.08 Billion TL9.81 Million/day TL- TL1.33 Billion ▲ +57 days
2018 155 days TL1.15 Billion TL7.42 Million/day TL- TL558.19 Million ▼ -33 days
2017 188 days TL1.03 Billion TL5.49 Million/day TL- TL516.99 Million ▼ -131 days
2016 319 days TL1.26 Billion TL3.94 Million/day TL- TL863.91 Million ▲ +60 days
2015 259 days TL1.04 Billion TL4.04 Million/day TL- TL678.30 Million ▲ +110 days
2014 149 days TL444.09 Million TL2.99 Million/day TL- TL131.31 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)