Merit Turizm Yatirim ve Isletme AS (MERIT) — Defensive Interval Ratio

Latest as of September 2025: 552 days

Merit Turizm Yatirim ve Isletme AS (MERIT) has a Defensive Interval Ratio of 552 days as of September 2025. Defensive assets of TL51.47 Million (cash TL-, short-term investments TL-, receivables TL51.47 Million) cover 552 days of daily cash needs of TL93.19K/day. Check Merit Turizm Yatirim ve Isletme AS tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

552 days
Days of operational coverage

Defensive Assets

TL51.47 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL93.19K
Current Liabilities ÷ 365

Current Liabilities

TL34.01 Million
TRY

Merit Turizm Yatirim ve Isletme AS Defensive Interval Ratio (2011–2024)

This chart shows how Merit Turizm Yatirim ve Isletme AS's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 552 days, meaning defensive assets of TL51.47 Million can fund 552 days of operations without new revenue. Also explore net asset momentum of Merit Turizm Yatirim ve Isletme AS to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Merit Turizm Yatirim ve Isletme AS (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Merit Turizm Yatirim ve Isletme AS from 2011 to 2024, covering 14 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 MERIT company net worth.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2024 709 days TL35.61 Million TL50.25K/day TL- TL- ▲ +181 days
2023 528 days TL70.52 Million TL133.60K/day TL- TL- ▼ -572 days
2022 1100 days TL26.00 Million TL23.64K/day TL- TL- ▲ +538 days
2021 562 days TL7.46 Million TL13.27K/day TL- TL- ▲ +356 days
2020 206 days TL907.34K TL4.41K/day TL- TL- ▼ -1214 days
2019 1420 days TL12.55 Million TL8.84K/day TL- TL- ▲ +909 days
2018 511 days TL7.32 Million TL14.34K/day TL- TL- ▼ -727 days
2017 1238 days TL7.23 Million TL5.84K/day TL- TL- ▲ +286 days
2016 952 days TL2.93 Million TL3.08K/day TL- TL- ▲ +675 days
2015 277 days TL632.73K TL2.29K/day TL- TL- ▼ -103 days
2014 380 days TL926.00K TL2.44K/day TL- TL- ▼ -833 days
2013 1212 days TL3.44 Million TL2.84K/day TL- TL- ▲ +122 days
2012 1090 days TL899.00K TL824.66/day TL- TL- ▲ +243 days
2011 847 days TL606.00K TL715.07/day TL- TL- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)