Ray Sigorta AS (RAYSG) — Defensive Interval Ratio

Latest as of June 2023: 156 days

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. See how liquid is Ray Sigorta AS's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

156 days
Days of operational coverage

Defensive Assets

TL2.58 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL16.52 Million
Current Liabilities ÷ 365

Current Liabilities

TL6.03 Billion
TRY

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. See Ray Sigorta AS (RAYSG) net asset quality to measure how much of total assets are equity-financed.

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 Ray Sigorta AS market capitalisation.

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