Akin Tekstil AS (ATEKS) — Defensive Interval Ratio

Latest as of December 2024: 138 days

Akin Tekstil AS (ATEKS) has a Defensive Interval Ratio of 138 days as of December 2024. Defensive assets of TL357.44 Million (cash TL-, short-term investments TL-, receivables TL357.44 Million) cover 138 days of daily cash needs of TL2.59 Million/day.

Defensive Interval Ratio

138 days
Days of operational coverage

Defensive Assets

TL357.44 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL2.59 Million
Current Liabilities ÷ 365

Current Liabilities

TL944.25 Million
TRY

Akin Tekstil AS Defensive Interval Ratio (2005–2024)

This chart shows how Akin Tekstil AS's Defensive Interval Ratio has evolved across 19 annual periods from 2005 to 2024. As of December 2024, the ratio stands at 138 days, meaning defensive assets of TL357.44 Million can fund 138 days of operations without new revenue. For the complete balance sheet picture, see ATEKS total assets.

Annual Defensive Interval Ratio for Akin Tekstil AS (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for Akin Tekstil AS from 2005 to 2024, covering 19 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Akin Tekstil AS (ATEKS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2024 138 days TL357.44 Million TL2.59 Million/day TL- TL- ▼ -9 days
2023 147 days TL521.89 Million TL3.55 Million/day TL- TL447.16K ▼ -25 days
2022 172 days TL358.43 Million TL2.08 Million/day TL- TL- ▲ +13 days
2021 159 days TL136.22 Million TL856.69K/day TL- TL- ▼ -15 days
2020 174 days TL69.46 Million TL399.05K/day TL- TL- ▼ -19 days
2019 193 days TL96.08 Million TL498.69K/day TL- TL- ▲ +51 days
2018 142 days TL49.58 Million TL350.24K/day TL- TL- ▲ +4 days
2017 138 days TL30.22 Million TL219.14K/day TL- TL- ▼ -46 days
2016 184 days TL22.32 Million TL121.40K/day TL- TL- ▼ -1 days
2015 185 days TL21.83 Million TL117.84K/day TL- TL- ▼ -2 days
2014 187 days TL20.08 Million TL107.44K/day TL- TL- ▲ +22 days
2013 165 days TL18.87 Million TL114.69K/day TL- TL- ▲ +8 days
2012 157 days TL18.89 Million TL120.59K/day TL- TL- ▼ -192 days
2011 348 days TL35.82 Million TL102.81K/day TL- TL- ▲ +99 days
2010 250 days TL27.78 Million TL111.17K/day TL- TL- ▲ +14 days
2009 236 days TL32.75 Million TL139.06K/day TL- TL- ▲ +4 days
2008 231 days TL37.77 Million TL163.39K/day TL- TL- ▼ -151 days
2006 383 days TL48.81 Million TL127.59K/day TL- TL1.00K ▼ -96 days
2005 479 days TL59.77 Million TL124.80K/day TL- TL15.77 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)