ICBC Turkey Bank AS (ICBCT) — Defensive Interval Ratio

Latest as of June 2023: 0 days

ICBC Turkey Bank AS (ICBCT) has a Defensive Interval Ratio of 0 days as of June 2023. Defensive assets of TL17.77 Million (cash TL-, short-term investments TL-, receivables TL17.77 Million) cover 0 days of daily cash needs of TL93.40 Million/day.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

TL17.77 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL93.40 Million
Current Liabilities ÷ 365

Current Liabilities

TL34.09 Billion
TRY

ICBC Turkey Bank AS Defensive Interval Ratio (2014–2022)

This chart shows how ICBC Turkey Bank AS's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 0 days, meaning defensive assets of TL17.77 Million can fund 0 days of operations without new revenue. For the complete balance sheet picture, see ICBC Turkey Bank AS total assets.

Annual Defensive Interval Ratio for ICBC Turkey Bank AS (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for ICBC Turkey Bank 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. See ICBC Turkey Bank AS (ICBCT) 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)
2022 0 days TL1.26 Million TL113.26 Million/day TL- TL- ▲ +0 days
2021 0 days TL504.00K TL62.10 Million/day TL- TL- ▲ +0 days
2020 0 days TL19.00K TL42.75 Million/day TL- TL- ▼ 0 days
2019 0 days TL215.00K TL29.26 Million/day TL- TL- ▼ -9 days
2018 9 days TL255.36 Million TL28.46 Million/day TL- TL255.36 Million ▼ -40 days
2017 49 days TL1.46 Billion TL30.14 Million/day TL- TL323.09 Million ▲ +24 days
2016 24 days TL450.02 Million TL18.37 Million/day TL- TL433.83 Million ▼ -38 days
2015 62 days TL1.03 Billion TL16.46 Million/day TL- TL987.50 Million ▲ +8 days
2014 54 days TL444.29 Million TL8.20 Million/day TL- TL403.86 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)