Turkiye Sigorta AS (TURSG) — Defensive Interval Ratio

Latest as of September 2024: 183 days

Turkiye Sigorta AS (TURSG) has a Defensive Interval Ratio of 183 days as of September 2024. Defensive assets of TL17.88 Billion (cash TL-, short-term investments TL17.88 Billion, receivables TL-) cover 183 days of daily cash needs of TL97.75 Million/day. Check how tangible is Turkiye Sigorta AS's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

183 days
Days of operational coverage

Defensive Assets

TL17.88 Billion
Cash + ST Investments + Receivables

Daily Cash Need

TL97.75 Million
Current Liabilities ÷ 365

Current Liabilities

TL35.68 Billion
TRY

Turkiye Sigorta AS Defensive Interval Ratio (2008–2023)

This chart shows how Turkiye Sigorta AS's Defensive Interval Ratio has evolved across 13 annual periods from 2008 to 2023. As of September 2024, the ratio stands at 183 days, meaning defensive assets of TL17.88 Billion can fund 183 days of operations without new revenue. Also explore Turkiye Sigorta AS annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Turkiye Sigorta AS (2008–2023)

The table below presents the year-by-year Defensive Interval Ratio for Turkiye Sigorta AS from 2008 to 2023, covering 13 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 market value of Turkiye Sigorta AS.

Year DIR (days) Defensive Assets (TRY) Daily Cash Need Cash ST Investments Change (days)
2023 105 days TL10.59 Billion TL101.14 Million/day TL- TL10.59 Billion ▼ -186 days
2022 291 days TL9.28 Billion TL31.89 Million/day TL- TL5.32 Billion ▲ +42 days
2021 249 days TL4.37 Billion TL17.57 Million/day TL- TL1.29 Billion ▼ -382 days
2020 631 days TL2.17 Billion TL3.44 Million/day TL- TL187.25 Million ▼ -638 days
2019 1269 days TL1.44 Billion TL1.14 Million/day TL- TL122.82 Million ▲ +568 days
2018 701 days TL553.93 Million TL790.73K/day TL- TL22.24 Million ▲ +700 days
2015 0 days TL182.09K TL502.36K/day TL- TL182.09K ▼ -15 days
2014 15 days TL6.96 Million TL452.30K/day TL- TL6.96 Million ▼ -15 days
2013 30 days TL12.22 Million TL406.61K/day TL- TL12.22 Million ▲ +2 days
2012 28 days TL8.81 Million TL316.62K/day TL- TL8.81 Million ▼ -51 days
2011 79 days TL9.54 Million TL121.08K/day TL- TL9.54 Million ▲ +75 days
2009 4 days TL776.31K TL186.29K/day TL- TL776.31K ▼ -1106 days
2008 1110 days TL138.98 Million TL125.19K/day TL- TL138.98 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)