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.
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. For the complete balance sheet picture, see Formet Celik Kapi Sanayi ve Ticaret AS balance sheet assets.
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. See FORMT 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 | 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- | — |