Global Menkul Degerler AS (GLBMD) — Defensive Interval Ratio

Latest as of September 2025: 373 days

Global Menkul Degerler AS (GLBMD) has a Defensive Interval Ratio of 373 days as of September 2025. Defensive assets of TL2.19 Billion (cash TL-, short-term investments TL246.90 Million, receivables TL1.95 Billion) cover 373 days of daily cash needs of TL5.88 Million/day.

Defensive Interval Ratio

373 days
Days of operational coverage

Defensive Assets

TL2.19 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL5.88 Million
Current Liabilities ÷ 365

Current Liabilities

TL2.15 Billion
TRY

Global Menkul Degerler AS Defensive Interval Ratio (2014–2024)

This chart shows how Global Menkul Degerler AS's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 373 days, meaning defensive assets of TL2.19 Billion can fund 373 days of operations without new revenue. For the complete balance sheet picture, see Global Menkul Degerler AS assets under control.

Annual Defensive Interval Ratio for Global Menkul Degerler AS (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Global Menkul Degerler AS from 2014 to 2024, covering 11 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 Global Menkul Degerler AS 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)
2024 271 days TL1.39 Billion TL5.13 Million/day TL- TL164.22 Million ▲ +8 days
2023 263 days TL1.56 Billion TL5.96 Million/day TL- TL117.42 Million ▼ -324 days
2022 586 days TL1.82 Billion TL3.11 Million/day TL- TL24.02 Million ▲ +260 days
2021 326 days TL479.00 Million TL1.47 Million/day TL- TL6.75 Million ▼ -46 days
2020 372 days TL365.95 Million TL984.74K/day TL- TL505.58K ▼ -2 days
2019 373 days TL259.86 Million TL696.05K/day TL- TL51.93K ▼ -33 days
2018 406 days TL142.95 Million TL351.77K/day TL- TL308.01K ▼ -13 days
2017 419 days TL91.11 Million TL217.45K/day TL- TL112.47K ▲ +26 days
2016 393 days TL75.12 Million TL191.03K/day TL- TL388.95K ▲ +16 days
2015 378 days TL80.97 Million TL214.44K/day TL- TL- ▼ -118 days
2014 496 days TL107.67 Million TL217.27K/day TL- TL- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)