Politeknik Metal Sanayi ve (POLTK) — Defensive Interval Ratio

Latest as of December 2022: 930 days

Politeknik Metal Sanayi ve (POLTK) has a Defensive Interval Ratio of 930 days as of December 2022. Defensive assets of TL83.83 Million (cash TL-, short-term investments TL-, receivables TL83.83 Million) cover 930 days of daily cash needs of TL90.12K/day.

Defensive Interval Ratio

930 days
Days of operational coverage

Defensive Assets

TL83.83 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL90.12K
Current Liabilities ÷ 365

Current Liabilities

TL32.90 Million
TRY

Politeknik Metal Sanayi ve Defensive Interval Ratio (2012–2022)

This chart shows how Politeknik Metal Sanayi ve's Defensive Interval Ratio has evolved across 11 annual periods from 2012 to 2022. As of December 2022, the ratio stands at 930 days, meaning defensive assets of TL83.83 Million can fund 930 days of operations without new revenue. For the complete balance sheet picture, see how large is Politeknik Metal Sanayi ve's balance sheet.

Annual Defensive Interval Ratio for Politeknik Metal Sanayi ve (2012–2022)

The table below presents the year-by-year Defensive Interval Ratio for Politeknik Metal Sanayi ve from 2012 to 2022, 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 working capital position of Politeknik Metal Sanayi ve 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 930 days TL83.83 Million TL90.12K/day TL- TL- ▲ +193 days
2021 737 days TL41.03 Million TL55.67K/day TL- TL- ▼ -59 days
2020 796 days TL29.10 Million TL36.54K/day TL- TL- ▼ -369 days
2019 1165 days TL21.18 Million TL18.18K/day TL- TL- ▲ +327 days
2018 838 days TL23.49 Million TL28.03K/day TL- TL- ▲ +33 days
2017 805 days TL16.54 Million TL20.55K/day TL- TL- ▲ +44 days
2016 761 days TL13.42 Million TL17.64K/day TL- TL0.00 ▼ -24 days
2015 785 days TL10.36 Million TL13.20K/day TL- TL- ▼ -141 days
2014 926 days TL6.15 Million TL6.65K/day TL- TL176.82K ▲ +268 days
2013 658 days TL5.12 Million TL7.78K/day TL- TL- ▲ +19 days
2012 639 days TL6.20 Million TL9.71K/day TL- TL- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)