Turk Tuborg Bira ve Malt Sanayi AS (TBORG) — Defensive Interval Ratio

Latest as of March 2026: 224 days

Turk Tuborg Bira ve Malt Sanayi AS (TBORG) has a Defensive Interval Ratio of 224 days as of March 2026. Defensive assets of TL9.18 Billion (cash TL-, short-term investments TL5.66 Million, receivables TL9.17 Billion) cover 224 days of daily cash needs of TL40.93 Million/day.

Defensive Interval Ratio

224 days
Days of operational coverage

Defensive Assets

TL9.18 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL40.93 Million
Current Liabilities ÷ 365

Current Liabilities

TL14.94 Billion
TRY

Turk Tuborg Bira ve Malt Sanayi AS Defensive Interval Ratio (2000–2025)

This chart shows how Turk Tuborg Bira ve Malt Sanayi AS's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 224 days, meaning defensive assets of TL9.18 Billion can fund 224 days of operations without new revenue. For the complete balance sheet picture, see Turk Tuborg Bira ve Malt Sanayi AS assets under control.

Annual Defensive Interval Ratio for Turk Tuborg Bira ve Malt Sanayi AS (2000–2025)

The table below presents the year-by-year Defensive Interval Ratio for Turk Tuborg Bira ve Malt Sanayi AS from 2000 to 2025, covering 25 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Turk Tuborg Bira ve Malt Sanayi AS short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2025 205 days TL11.24 Billion TL54.77 Million/day TL- TL5.14 Million ▼ -8 days
2024 213 days TL8.38 Billion TL39.39 Million/day TL- TL10.15 Million ▲ +65 days
2023 148 days TL5.10 Billion TL34.48 Million/day TL- TL297.02 Million ▼ -93 days
2022 241 days TL2.91 Billion TL12.08 Million/day TL- TL263.00K ▲ +8 days
2021 234 days TL1.11 Billion TL4.74 Million/day TL- TL60.16 Million ▲ +29 days
2020 204 days TL859.00 Million TL4.21 Million/day TL- TL146.98 Million ▼ -76 days
2019 280 days TL859.04 Million TL3.07 Million/day TL- TL167.00K ▼ -180 days
2018 460 days TL1.12 Billion TL2.45 Million/day TL- TL376.95 Million ▲ +42 days
2017 418 days TL681.97 Million TL1.63 Million/day TL- TL248.00 Million ▲ +59 days
2016 358 days TL508.26 Million TL1.42 Million/day TL- TL166.49 Million ▲ +116 days
2015 242 days TL256.44 Million TL1.06 Million/day TL- TL167.00K ▼ -3 days
2014 245 days TL198.88 Million TL811.16K/day TL- TL167.00K ▼ -41 days
2013 286 days TL169.25 Million TL591.99K/day TL- TL167.00K ▲ +19 days
2012 267 days TL130.79 Million TL490.02K/day TL- TL167.00K ▲ +22 days
2011 245 days TL109.70 Million TL448.27K/day TL- TL167.00K ▼ -22 days
2010 267 days TL78.10 Million TL292.41K/day TL- TL167.00K ▼ -2 days
2009 269 days TL52.58 Million TL195.27K/day TL- TL167.00K ▲ +86 days
2008 183 days TL60.56 Million TL330.54K/day TL- TL167.00K ▲ +62 days
2007 121 days TL66.52 Million TL548.09K/day TL- TL- ▼ -23 days
2006 144 days TL84.87 Million TL587.69K/day TL- TL- ▼ -10 days
2005 155 days TL63.04 Million TL407.51K/day TL- TL- ▼ -16 days
2004 171 days TL58.01 Million TL339.73K/day TL- TL- ▲ +33 days
2003 138 days TL60.85 Million TL441.40K/day TL- TL- ▲ +42 days
2002 96 days TL54.85 Trillion TL572.35 Billion/day TL- TL- ▼ -241 days
2000 336 days TL14.64 Trillion TL43.52 Billion/day TL- TL100.81 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)