TAV Havalimanlari Holding (TAVHL) — Defensive Interval Ratio
TAV Havalimanlari Holding (TAVHL) has a Defensive Interval Ratio of 52 days as of March 2026. Defensive assets of TL136.26 Million (cash TL-, short-term investments TL355.00K, receivables TL135.91 Million) cover 52 days of daily cash needs of TL2.62 Million/day. Check TAVHL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
TAV Havalimanlari Holding Defensive Interval Ratio (2003–2025)
This chart shows how TAV Havalimanlari Holding's Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 52 days, meaning defensive assets of TL136.26 Million can fund 52 days of operations without new revenue. Also explore how fast is TAV Havalimanlari Holding growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for TAV Havalimanlari Holding (2003–2025)
The table below presents the year-by-year Defensive Interval Ratio for TAV Havalimanlari Holding from 2003 to 2025, covering 23 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 cap of TAV Havalimanlari Holding.
| Year | DIR (days) | Defensive Assets (TRY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 41 days | TL136.06 Million | TL3.30 Million/day | TL- | TL348.00K | ▼ -46 days |
| 2024 | 87 days | TL192.45 Million | TL2.22 Million/day | TL- | TL65.35 Million | ▲ +54 days |
| 2023 | 33 days | TL80.93 Million | TL2.43 Million/day | TL- | TL80.89 Million | ▼ -51 days |
| 2022 | 84 days | TL169.10 Million | TL2.00 Million/day | TL- | TL45.47 Million | ▼ -50 days |
| 2021 | 134 days | TL179.10 Million | TL1.34 Million/day | TL- | TL86.24 Million | ▲ +97 days |
| 2020 | 37 days | TL130.89 Million | TL3.51 Million/day | TL- | TL50.00 Million | ▼ -174 days |
| 2019 | 211 days | TL520.30 Million | TL2.46 Million/day | TL- | TL392.56 Million | ▲ +173 days |
| 2018 | 38 days | TL86.00 Million | TL2.27 Million/day | TL- | TL-73.21 Million | ▲ +15 days |
| 2017 | 23 days | TL56.62 Million | TL2.50 Million/day | TL- | TL-86.96 Million | ▲ +5 days |
| 2016 | 18 days | TL44.21 Million | TL2.47 Million/day | TL- | TL-101.24 Million | ▲ +22 days |
| 2015 | -4 days | TL-9.44 Million | TL2.47 Million/day | TL- | TL-134.02 Million | ▲ +4 days |
| 2014 | -8 days | TL-7.07 Million | TL940.99K/day | TL- | TL-134.72 Million | ▲ +16 days |
| 2013 | -24 days | TL-25.24 Million | TL1.05 Million/day | TL- | TL-114.14 Million | ▼ -354 days |
| 2012 | 330 days | TL476.34 Million | TL1.44 Million/day | TL- | TL402.08 Million | ▲ +326 days |
| 2011 | 4 days | TL4.21 Million | TL1.20 Million/day | TL- | TL4.21 Million | ▲ +87 days |
| 2010 | -84 days | TL-101.09 Million | TL1.21 Million/day | TL- | TL-196.09 Million | ▼ -164 days |
| 2009 | 81 days | TL82.75 Million | TL1.03 Million/day | TL- | TL6.39 Million | ▼ -32 days |
| 2008 | 113 days | TL126.88 Million | TL1.12 Million/day | TL- | TL32.26 Million | ▼ -133 days |
| 2007 | 246 days | TL233.08 Million | TL946.24K/day | TL- | TL248.68K | ▲ +252 days |
| 2006 | -6 days | TL-15.47 Million | TL2.58 Million/day | TL- | TL157.73K | ▼ -53 days |
| 2005 | 47 days | TL36.81 Million | TL776.32K/day | TL- | TL610.18K | ▼ -288 days |
| 2004 | 336 days | TL98.47 Million | TL293.22K/day | TL- | TL88.19 Million | ▲ +293 days |
| 2003 | 43 days | TL9.93 Million | TL230.40K/day | TL- | TL915.00K | — |