Artemis Hali As (ARTMS) — Defensive Interval Ratio

Latest as of September 2024: 333 days

Artemis Hali As (ARTMS) has a Defensive Interval Ratio of 333 days as of September 2024. Defensive assets of TL350.03 Million (cash TL-, short-term investments TL14.30 Million, receivables TL335.73 Million) cover 333 days of daily cash needs of TL1.05 Million/day. Check how tangible is Artemis Hali As's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

333 days
Days of operational coverage

Defensive Assets

TL350.03 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL1.05 Million
Current Liabilities ÷ 365

Current Liabilities

TL383.71 Million
TRY

Artemis Hali As Defensive Interval Ratio (2020–2022)

This chart shows how Artemis Hali As's Defensive Interval Ratio has evolved across 3 annual periods from 2020 to 2022. As of September 2024, the ratio stands at 333 days, meaning defensive assets of TL350.03 Million can fund 333 days of operations without new revenue. Also explore ARTMS shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Artemis Hali As (2020–2022)

The table below presents the year-by-year Defensive Interval Ratio for Artemis Hali As from 2020 to 2022, covering 3 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 Artemis Hali As.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2022 161 days TL166.62 Million TL1.03 Million/day TL- TL- ▲ +23 days
2021 139 days TL94.35 Million TL681.06K/day TL- TL99.99K ▼ -101 days
2020 240 days TL104.15 Million TL434.69K/day TL- TL-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)