Turkiye Garanti Bankasi A.S. (GARAN) — Defensive Interval Ratio

Latest as of December 2022: 5 days

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. See Turkiye Garanti Bankasi A.S. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

TL14.81 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL2.86 Billion
Current Liabilities ÷ 365

Current Liabilities

TL1.04 Trillion
TRY

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. See Turkiye Garanti Bankasi A.S. balance sheet independence to measure how much of total assets are equity-financed.

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. For live market cap and the full company financial profile, see Turkiye Garanti Bankasi A.S. stock valuation.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)