Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) — Defensive Interval Ratio

Latest as of June 2025: 170 days

Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) has a Defensive Interval Ratio of 170 days as of June 2025. Defensive assets of TL272.83 Million (cash TL-, short-term investments TL-, receivables TL272.83 Million) cover 170 days of daily cash needs of TL1.60 Million/day. See FORMT working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

170 days
Days of operational coverage

Defensive Assets

TL272.83 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL1.60 Million
Current Liabilities ÷ 365

Current Liabilities

TL585.81 Million
TRY

Formet Celik Kapi Sanayi ve Ticaret AS Defensive Interval Ratio (2017–2024)

This chart shows how Formet Celik Kapi Sanayi ve Ticaret AS's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 170 days, meaning defensive assets of TL272.83 Million can fund 170 days of operations without new revenue. See Formet Celik Kapi Sanayi ve Ticaret AS balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Formet Celik Kapi Sanayi ve Ticaret AS (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Formet Celik Kapi Sanayi ve Ticaret AS from 2017 to 2024, covering 8 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 Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) total market value.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2024 200 days TL339.66 Million TL1.70 Million/day TL- TL- ▼ -52 days
2023 252 days TL299.49 Million TL1.19 Million/day TL- TL- ▲ +60 days
2022 192 days TL126.80 Million TL660.94K/day TL- TL- ▼ -110 days
2021 302 days TL88.23 Million TL292.44K/day TL- TL- ▲ +39 days
2020 263 days TL76.82 Million TL292.21K/day TL- TL- ▼ -61 days
2019 324 days TL63.12 Million TL194.78K/day TL- TL- ▼ -231 days
2018 555 days TL110.18 Million TL198.42K/day TL- TL- ▲ +188 days
2017 367 days TL78.88 Million TL214.75K/day TL- TL- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)