Soke Degirmencilik AS (SOKE) — Defensive Interval Ratio

Latest as of September 2024: 329 days

Soke Degirmencilik AS (SOKE) has a Defensive Interval Ratio of 329 days as of September 2024. Defensive assets of TL827.70 Million (cash TL-, short-term investments TL14.85 Million, receivables TL812.85 Million) cover 329 days of daily cash needs of TL2.51 Million/day. Check SOKE tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

329 days
Days of operational coverage

Defensive Assets

TL827.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL2.51 Million
Current Liabilities ÷ 365

Current Liabilities

TL917.53 Million
TRY

Soke Degirmencilik AS Defensive Interval Ratio (2020–2023)

This chart shows how Soke Degirmencilik AS's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 329 days, meaning defensive assets of TL827.70 Million can fund 329 days of operations without new revenue. Also explore how fast is Soke Degirmencilik AS growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Soke Degirmencilik AS (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for Soke Degirmencilik AS from 2020 to 2023, covering 4 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 SOKE stock market capitalisation.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2023 274 days TL528.97 Million TL1.93 Million/day TL- TL24.30 Million ▲ +88 days
2022 186 days TL388.43 Million TL2.09 Million/day TL- TL66.38 Million ▲ +22 days
2021 164 days TL103.73 Million TL631.09K/day TL- TL- ▲ +5 days
2020 159 days TL70.07 Million TL440.59K/day TL- TL-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)