Smartiks Yazilim AS (SMART) — Defensive Interval Ratio

Latest as of March 2025: 220 days

Smartiks Yazilim AS (SMART) has a Defensive Interval Ratio of 220 days as of March 2025. Defensive assets of TL61.99 Million (cash TL-, short-term investments TL2.40 Million, receivables TL59.59 Million) cover 220 days of daily cash needs of TL281.57K/day. Check SMART tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

220 days
Days of operational coverage

Defensive Assets

TL61.99 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL281.57K
Current Liabilities ÷ 365

Current Liabilities

TL102.77 Million
TRY

Smartiks Yazilim AS Defensive Interval Ratio (2017–2024)

This chart shows how Smartiks Yazilim AS's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of March 2025, the ratio stands at 220 days, meaning defensive assets of TL61.99 Million can fund 220 days of operations without new revenue. Also explore Smartiks Yazilim AS (SMART) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Smartiks Yazilim AS (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Smartiks Yazilim AS from 2017 to 2024, covering 8 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 Smartiks Yazilim AS market capitalisation.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2024 179 days TL47.09 Million TL263.81K/day TL- TL409.38K ▼ -199 days
2023 377 days TL99.41 Million TL263.38K/day TL- TL1.27 Million ▼ -88 days
2022 465 days TL43.90 Million TL94.34K/day TL- TL300.71K ▲ +86 days
2021 379 days TL20.23 Million TL53.33K/day TL- TL- ▼ -18 days
2020 397 days TL12.11 Million TL30.48K/day TL- TL- ▼ -322 days
2019 719 days TL14.86 Million TL20.66K/day TL- TL- ▲ +417 days
2018 302 days TL10.79 Million TL35.69K/day TL- TL- ▲ +76 days
2017 227 days TL6.16 Million TL27.18K/day TL- TL-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)