Tera Yatirim Menkul Degerler A.S. (TERA) — Defensive Interval Ratio

Latest as of March 2024: 239 days

Tera Yatirim Menkul Degerler A.S. (TERA) has a Defensive Interval Ratio of 239 days as of March 2024. Defensive assets of TL1.17 Billion (cash TL-, short-term investments TL333.94 Million, receivables TL839.06 Million) cover 239 days of daily cash needs of TL4.91 Million/day. Check Tera Yatirim Menkul Degerler A.S. (TERA) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

239 days
Days of operational coverage

Defensive Assets

TL1.17 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL4.91 Million
Current Liabilities ÷ 365

Current Liabilities

TL1.79 Billion
TRY

Tera Yatirim Menkul Degerler A.S. Defensive Interval Ratio (2020–2023)

This chart shows how Tera Yatirim Menkul Degerler A.S.'s Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at 239 days, meaning defensive assets of TL1.17 Billion can fund 239 days of operations without new revenue. Also explore Tera Yatirim Menkul Degerler A.S. (TERA) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tera Yatirim Menkul Degerler A.S. (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for Tera Yatirim Menkul Degerler A.S. 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 TERA stock market capitalisation.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2023 206 days TL1.11 Billion TL5.36 Million/day TL- TL191.59 Million ▼ -179 days
2022 385 days TL1.37 Billion TL3.56 Million/day TL- TL336.10 Million ▲ +4 days
2021 382 days TL240.45 Million TL630.23K/day TL- TL92.40 Million ▲ +93 days
2020 289 days TL127.17 Million TL440.52K/day TL- TL22.04 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)