Europap Tezol Kagit Sanayi Ve Ticaret AS (TEZOL) — Defensive Interval Ratio
Europap Tezol Kagit Sanayi Ve Ticaret AS (TEZOL) has a Defensive Interval Ratio of 273 days as of December 2025. Defensive assets of TL886.62 Million (cash TL-, short-term investments TL-, receivables TL886.62 Million) cover 273 days of daily cash needs of TL3.25 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Europap Tezol Kagit Sanayi Ve Ticaret AS Defensive Interval Ratio (2018–2025)
This chart shows how Europap Tezol Kagit Sanayi Ve Ticaret AS's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 273 days, meaning defensive assets of TL886.62 Million can fund 273 days of operations without new revenue. For the complete balance sheet picture, see Europap Tezol Kagit Sanayi Ve Ticaret AS balance sheet assets.
Annual Defensive Interval Ratio for Europap Tezol Kagit Sanayi Ve Ticaret AS (2018–2025)
The table below presents the year-by-year Defensive Interval Ratio for Europap Tezol Kagit Sanayi Ve Ticaret AS from 2018 to 2025, 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. See TEZOL working capital 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 | 273 days | TL886.62 Million | TL3.25 Million/day | TL- | TL- | ▼ -217 days |
| 2024 | 490 days | TL1.64 Billion | TL3.35 Million/day | TL- | TL268.56 Million | ▲ +200 days |
| 2023 | 290 days | TL838.72 Million | TL2.90 Million/day | TL- | TL43.52 Million | ▼ -522 days |
| 2022 | 811 days | TL993.22 Million | TL1.22 Million/day | TL- | TL9.43 Million | ▲ +534 days |
| 2021 | 277 days | TL253.26 Million | TL914.77K/day | TL- | TL6.74 Million | ▼ -152 days |
| 2020 | 429 days | TL152.02 Million | TL354.36K/day | TL- | TL13.95 Million | ▼ -76 days |
| 2019 | 505 days | TL121.54 Million | TL240.67K/day | TL- | TL27.97K | ▲ +144 days |
| 2018 | 361 days | TL95.93 Million | TL265.80K/day | TL- | TL21.68K | — |