Garanti Faktoring AS (GARFA) — Defensive Interval Ratio

Latest as of March 2023: 6478 days

Garanti Faktoring AS (GARFA) has a Defensive Interval Ratio of 6478 days as of March 2023. Defensive assets of TL10.98 Billion (cash TL-, short-term investments TL-, receivables TL10.98 Billion) cover 6478 days of daily cash needs of TL1.70 Million/day. See Garanti Faktoring AS working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6478 days
Days of operational coverage

Defensive Assets

TL10.98 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL1.70 Million
Current Liabilities ÷ 365

Current Liabilities

TL618.74 Million
TRY

Garanti Faktoring AS Defensive Interval Ratio (2014–2022)

This chart shows how Garanti Faktoring AS's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of March 2023, the ratio stands at 6478 days, meaning defensive assets of TL10.98 Billion can fund 6478 days of operations without new revenue. See GARFA net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Garanti Faktoring AS (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Garanti Faktoring AS 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 Garanti Faktoring AS stock valuation.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2022 400 days TL9.47 Billion TL23.71 Million/day TL- TL- ▲ +19 days
2021 380 days TL4.15 Billion TL10.93 Million/day TL- TL- ▲ +1 days
2020 380 days TL2.79 Billion TL7.36 Million/day TL- TL- ▼ -23 days
2019 402 days TL2.11 Billion TL5.24 Million/day TL- TL- ▼ -57 days
2018 459 days TL2.34 Billion TL5.10 Million/day TL- TL- ▲ +60 days
2017 399 days TL3.38 Billion TL8.48 Million/day TL- TL- ▲ +0 days
2016 399 days TL2.85 Billion TL7.16 Million/day TL- TL- ▲ +10 days
2015 389 days TL2.89 Billion TL7.42 Million/day TL- TL- ▲ +8 days
2014 381 days TL2.96 Billion TL7.78 Million/day TL- TL- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)