Turkiye Garanti Bankasi A.S. (GARAN) — Defensive Interval Ratio
Turkiye Garanti Bankasi A.S. (GARAN) has a Defensive Interval Ratio of 5 days as of December 2022. Defensive assets of TL14.81 Billion (cash TL-, short-term investments TL-, receivables TL14.81 Billion) cover 5 days of daily cash needs of TL2.86 Billion/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Turkiye Garanti Bankasi A.S. Defensive Interval Ratio (2014–2022)
This chart shows how Turkiye Garanti Bankasi A.S.'s Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of December 2022, the ratio stands at 5 days, meaning defensive assets of TL14.81 Billion can fund 5 days of operations without new revenue. For the complete balance sheet picture, see GARAN total assets.
Annual Defensive Interval Ratio for Turkiye Garanti Bankasi A.S. (2014–2022)
The table below presents the year-by-year Defensive Interval Ratio for Turkiye Garanti Bankasi A.S. from 2014 to 2022, covering 9 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 Turkiye Garanti Bankasi A.S. short-term liquidity 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) |
|---|---|---|---|---|---|---|
| 2022 | 5 days | TL14.81 Billion | TL2.86 Billion/day | TL- | TL- | ▲ +1 days |
| 2021 | 4 days | TL7.21 Billion | TL1.75 Billion/day | TL- | TL- | ▼ -6 days |
| 2020 | 10 days | TL10.83 Billion | TL1.12 Billion/day | TL- | TL- | ▲ +7 days |
| 2019 | 3 days | TL2.10 Billion | TL800.91 Million/day | TL- | TL1.90 Billion | ▲ +0 days |
| 2018 | 2 days | TL1.56 Billion | TL733.21 Million/day | TL- | TL1.21 Billion | ▼ -18 days |
| 2017 | 20 days | TL14.28 Billion | TL715.48 Million/day | TL- | TL4.06 Billion | ▼ -7 days |
| 2016 | 27 days | TL14.83 Billion | TL554.46 Million/day | TL- | TL5.74 Billion | ▲ +3 days |
| 2015 | 24 days | TL11.19 Billion | TL473.41 Million/day | TL- | TL2.59 Billion | ▼ -46 days |
| 2014 | 69 days | TL29.71 Billion | TL427.73 Million/day | TL- | TL22.97 Billion | — |