Dogu Aras Enerji Yatirimlari AS (ARASE) — Defensive Interval Ratio

Latest as of June 2024: 500 days

Dogu Aras Enerji Yatirimlari AS (ARASE) has a Defensive Interval Ratio of 500 days as of June 2024. Defensive assets of TL6.44 Billion (cash TL-, short-term investments TL-, receivables TL6.44 Billion) cover 500 days of daily cash needs of TL12.88 Million/day. Check tangible equity quality of Dogu Aras Enerji Yatirimlari AS to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

500 days
Days of operational coverage

Defensive Assets

TL6.44 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL12.88 Million
Current Liabilities ÷ 365

Current Liabilities

TL4.70 Billion
TRY

Dogu Aras Enerji Yatirimlari AS Defensive Interval Ratio (2018–2023)

This chart shows how Dogu Aras Enerji Yatirimlari AS's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of June 2024, the ratio stands at 500 days, meaning defensive assets of TL6.44 Billion can fund 500 days of operations without new revenue. Also explore ARASE net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Dogu Aras Enerji Yatirimlari AS (2018–2023)

The table below presents the year-by-year Defensive Interval Ratio for Dogu Aras Enerji Yatirimlari AS from 2018 to 2023, covering 6 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 ARASE market cap.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2023 569 days TL4.81 Billion TL8.44 Million/day TL- TL- ▲ +272 days
2022 298 days TL2.29 Billion TL7.71 Million/day TL- TL- ▼ -8 days
2021 305 days TL1.01 Billion TL3.32 Million/day TL- TL- ▲ +61 days
2020 244 days TL655.51 Million TL2.68 Million/day TL- TL- ▲ +133 days
2019 112 days TL258.96 Million TL2.32 Million/day TL- TL- ▲ +16 days
2018 96 days TL174.05 Million TL1.81 Million/day TL- TL-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)