Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) — Defensive Interval Ratio
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. Check Formet Celik Kapi Sanayi ve Ticaret AS tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. Also explore Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) net asset momentum to track the company's year-over-year net asset growth rate.
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- | — |