Ray Sigorta AS (RAYSG) — Defensive Interval Ratio
Ray Sigorta AS (RAYSG) has a Defensive Interval Ratio of 156 days as of June 2023. Defensive assets of TL2.58 Billion (cash TL-, short-term investments TL232.98 Million, receivables TL2.35 Billion) cover 156 days of daily cash needs of TL16.52 Million/day. Check RAYSG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ray Sigorta AS Defensive Interval Ratio (2014–2022)
This chart shows how Ray Sigorta AS's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 156 days, meaning defensive assets of TL2.58 Billion can fund 156 days of operations without new revenue. Also explore RAYSG net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Ray Sigorta AS (2014–2022)
The table below presents the year-by-year Defensive Interval Ratio for Ray Sigorta 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. For live market cap and the full company financial profile, see market value of Ray Sigorta AS.
| Year | DIR (days) | Defensive Assets (TRY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 192 days | TL2.30 Billion | TL11.98 Million/day | TL- | TL439.16 Million | ▼ -2 days |
| 2021 | 195 days | TL934.16 Million | TL4.80 Million/day | TL- | TL137.91 Million | ▲ +29 days |
| 2020 | 165 days | TL629.80 Million | TL3.81 Million/day | TL- | TL42.73 Million | ▲ +31 days |
| 2019 | 134 days | TL354.52 Million | TL2.65 Million/day | TL- | TL0.00 | ▲ +12 days |
| 2018 | 122 days | TL225.27 Million | TL1.84 Million/day | TL- | TL0.00 | ▲ +10 days |
| 2017 | 112 days | TL157.64 Million | TL1.41 Million/day | TL- | TL0.00 | ▲ +4 days |
| 2016 | 108 days | TL119.66 Million | TL1.11 Million/day | TL- | TL0.00 | ▼ -56 days |
| 2015 | 164 days | TL149.54 Million | TL911.16K/day | TL- | TL38.56 Million | ▼ -15 days |
| 2014 | 179 days | TL134.11 Million | TL748.85K/day | TL- | TL37.99 Million | — |