Turkiye Is Bankasi AS Class C (ISCTR) — Defensive Interval Ratio

Latest as of December 2023: -283 days

Turkiye Is Bankasi AS Class C (ISCTR) has a Defensive Interval Ratio of -283 days as of December 2023. Defensive assets of TL-1.15 Trillion (cash TL-, short-term investments TL-1.15 Trillion, receivables TL-) cover -283 days of daily cash needs of TL4.04 Billion/day. See ISCTR working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

-283 days

Days of operational coverage

Defensive Assets

TL-1.15 Trillion

Cash + ST Investments + Receivables

Daily Cash Need

TL4.04 Billion

Current Liabilities ÷ 365

Current Liabilities

TL1.48 Trillion

TRY

Turkiye Is Bankasi AS Class C Defensive Interval Ratio (2004–2023)

This chart shows how Turkiye Is Bankasi AS Class C's Defensive Interval Ratio has evolved across 15 annual periods from 2004 to 2023. As of December 2023, the ratio stands at -283 days, meaning defensive assets of TL-1.15 Trillion can fund -283 days of operations without new revenue. See ISCTR net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Turkiye Is Bankasi AS Class C (2004–2023)

The table below presents the year-by-year Defensive Interval Ratio for Turkiye Is Bankasi AS Class C from 2004 to 2023, covering 15 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 Is Bankasi AS Class C market cap and net worth.

Year	DIR (days)	Defensive Assets (TRY)	Daily Cash Need	Cash	ST Investments	Change (days)
2023	-61 days	TL-178.91 Billion	TL2.95 Billion/day	TL-	TL-201.40 Billion	▼ -450000 days
2022	449939 days	TL355.66 Billion	TL790.46K/day	TL-	TL355.63 Billion	▼ -76322 days
2021	526261 days	TL219.47 Billion	TL417.04K/day	TL-	TL219.40 Billion	▲ +72796 days
2020	453465 days	TL148.23 Billion	TL326.89K/day	TL-	TL148.18 Billion	▲ +15331 days
2019	438134 days	TL114.47 Billion	TL261.27K/day	TL-	TL114.45 Billion	▲ +21686 days
2018	416447 days	TL89.09 Billion	TL213.93K/day	TL-	TL88.92 Billion	▲ +404363 days
2017	12084 days	TL82.70 Billion	TL6.84 Million/day	TL-	TL75.69 Billion	▲ +11833 days
2016	252 days	TL72.12 Billion	TL286.63 Million/day	TL-	TL62.62 Billion	▼ -447230 days
2015	447482 days	TL60.29 Billion	TL134.73K/day	TL-	TL53.82 Billion	▲ +446208 days
2014	1274 days	TL23.10 Billion	TL18.13 Million/day	TL-	TL17.06 Billion	▲ +382 days
2013	891 days	TL15.21 Billion	TL17.07 Million/day	TL-	TL15.21 Billion	▼ -170 days
2012	1062 days	TL15.09 Billion	TL14.22 Million/day	TL-	TL11.42 Billion	▲ +360 days
2011	702 days	TL7.51 Billion	TL10.71 Million/day	TL-	TL7.10 Billion	▼ -781 days
2005	1482 days	TL2.27 Billion	TL1.53 Million/day	TL-	TL1.74 Billion	▼ -1821 days
2004	3303 days	TL2.03 Billion	TL613.13K/day	TL-	TL9.30 Million	—

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