Tureks Turizm Tasimacilik AS (TUREX) — Defensive Interval Ratio

Latest as of June 2023: 256 days

Tureks Turizm Tasimacilik AS (TUREX) has a Defensive Interval Ratio of 256 days as of June 2023. Defensive assets of TL300.80 Million (cash TL-, short-term investments TL-, receivables TL300.80 Million) cover 256 days of daily cash needs of TL1.17 Million/day. Check Tureks Turizm Tasimacilik AS (TUREX) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

256 days
Days of operational coverage

Defensive Assets

TL300.80 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL1.17 Million
Current Liabilities ÷ 365

Current Liabilities

TL428.16 Million
TRY

Tureks Turizm Tasimacilik AS Defensive Interval Ratio (2018–2023)

This chart shows how Tureks Turizm Tasimacilik AS's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of June 2023, the ratio stands at 256 days, meaning defensive assets of TL300.80 Million can fund 256 days of operations without new revenue. Also explore Tureks Turizm Tasimacilik AS (TUREX) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tureks Turizm Tasimacilik AS (2018–2023)

The table below presents the year-by-year Defensive Interval Ratio for Tureks Turizm Tasimacilik AS from 2018 to 2023, covering 6 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 Tureks Turizm Tasimacilik AS (TUREX) market capitalisation.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2023 302 days TL732.86 Million TL2.43 Million/day TL- TL- ▼ -160 days
2022 462 days TL422.64 Million TL914.85K/day TL- TL5.54 Million ▲ +144 days
2021 318 days TL100.09 Million TL314.85K/day TL- TL1.13 Million ▲ +75 days
2020 243 days TL73.15 Million TL300.73K/day TL- TL- ▼ -12 days
2019 255 days TL79.68 Million TL312.25K/day TL- TL- ▲ +56 days
2018 199 days TL65.46 Million TL328.32K/day TL- TL-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)