Turk Traktor ve Ziraat Makineleri AS (TTRAK) — Defensive Interval Ratio

Latest as of June 2026: 110 days

Turk Traktor ve Ziraat Makineleri AS (TTRAK) has a Defensive Interval Ratio of 110 days as of June 2026. Defensive assets of TL6.45 Billion (cash TL-, short-term investments TL892.10 Million, receivables TL5.55 Billion) cover 110 days of daily cash needs of TL58.36 Million/day.

Defensive Interval Ratio

110 days
Days of operational coverage

Defensive Assets

TL6.45 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL58.36 Million
Current Liabilities ÷ 365

Current Liabilities

TL21.30 Billion
TRY

Turk Traktor ve Ziraat Makineleri AS Defensive Interval Ratio (2003–2025)

This chart shows how Turk Traktor ve Ziraat Makineleri AS's Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of June 2026, the ratio stands at 110 days, meaning defensive assets of TL6.45 Billion can fund 110 days of operations without new revenue. For the complete balance sheet picture, see Turk Traktor ve Ziraat Makineleri AS assets under control.

Annual Defensive Interval Ratio for Turk Traktor ve Ziraat Makineleri AS (2003–2025)

The table below presents the year-by-year Defensive Interval Ratio for Turk Traktor ve Ziraat Makineleri AS 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. See TTRAK 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 76 days TL3.89 Billion TL51.06 Million/day TL- TL69.78 Million ▼ -53 days
2024 129 days TL5.70 Billion TL44.06 Million/day TL- TL29.80 Million ▲ +48 days
2023 81 days TL3.50 Billion TL43.11 Million/day TL- TL11.26 Million ▼ -73 days
2022 154 days TL3.88 Billion TL25.25 Million/day TL- TL420.03 Million ▲ +17 days
2021 137 days TL1.26 Billion TL9.22 Million/day TL- TL- ▼ -6 days
2020 143 days TL795.65 Million TL5.55 Million/day TL- TL- ▼ -31 days
2019 174 days TL522.49 Million TL3.00 Million/day TL- TL- ▲ +2 days
2018 172 days TL509.09 Million TL2.97 Million/day TL- TL- ▼ -112 days
2017 283 days TL864.52 Million TL3.05 Million/day TL- TL- ▼ -35 days
2016 319 days TL687.05 Million TL2.16 Million/day TL- TL- ▲ +92 days
2015 226 days TL529.63 Million TL2.34 Million/day TL- TL- ▼ -37 days
2014 263 days TL532.55 Million TL2.02 Million/day TL- TL- ▼ -117 days
2013 381 days TL402.56 Million TL1.06 Million/day TL- TL- ▲ +60 days
2012 321 days TL384.17 Million TL1.20 Million/day TL- TL- ▼ -54 days
2011 375 days TL513.24 Million TL1.37 Million/day TL- TL- ▲ +101 days
2010 274 days TL277.13 Million TL1.01 Million/day TL- TL- ▼ -102 days
2009 376 days TL317.37 Million TL844.25K/day TL- TL- ▲ +204 days
2008 172 days TL306.63 Million TL1.78 Million/day TL- TL- ▼ -514 days
2007 686 days TL230.23 Million TL335.55K/day TL- TL- ▼ -5 days
2006 691 days TL139.55 Million TL201.90K/day TL- TL- ▼ -97 days
2005 788 days TL159.36 Million TL202.20K/day TL- TL- ▲ +322 days
2004 466 days TL241.84 Million TL518.59K/day TL- TL- ▲ +120 days
2003 347 days TL133.02 Million TL383.60K/day TL- TL- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)