Viking Kagit ve Seluloz AS (VKING) — Defensive Interval Ratio

Latest as of September 2025: 23 days

Viking Kagit ve Seluloz AS (VKING) has a Defensive Interval Ratio of 23 days as of September 2025. Defensive assets of TL200.04 Million (cash TL-, short-term investments TL-, receivables TL200.04 Million) cover 23 days of daily cash needs of TL8.59 Million/day.

Defensive Interval Ratio

23 days
Days of operational coverage

Defensive Assets

TL200.04 Million
Cash + ST Investments + Receivables

Daily Cash Need

TL8.59 Million
Current Liabilities ÷ 365

Current Liabilities

TL3.14 Billion
TRY

Viking Kagit ve Seluloz AS Defensive Interval Ratio (2005–2024)

This chart shows how Viking Kagit ve Seluloz AS's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 23 days, meaning defensive assets of TL200.04 Million can fund 23 days of operations without new revenue. For the complete balance sheet picture, see Viking Kagit ve Seluloz AS assets under control.

Annual Defensive Interval Ratio for Viking Kagit ve Seluloz AS (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for Viking Kagit ve Seluloz AS from 2005 to 2024, covering 20 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 working capital to net assets of Viking Kagit ve Seluloz AS 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)
2024 26 days TL154.24 Million TL5.88 Million/day TL- TL- ▼ -15 days
2023 41 days TL190.54 Million TL4.61 Million/day TL- TL- ▼ -61 days
2022 102 days TL230.52 Million TL2.25 Million/day TL- TL- ▲ +49 days
2021 54 days TL67.04 Million TL1.25 Million/day TL- TL- ▼ -13 days
2020 67 days TL50.54 Million TL755.32K/day TL- TL- ▼ -7 days
2019 74 days TL41.18 Million TL554.19K/day TL- TL- ▼ -5 days
2018 79 days TL36.31 Million TL460.22K/day TL- TL- ▼ -52 days
2017 131 days TL39.45 Million TL301.14K/day TL- TL- ▲ +27 days
2016 104 days TL30.37 Million TL292.50K/day TL- TL- ▼ -10 days
2015 114 days TL24.12 Million TL211.85K/day TL- TL- ▲ +25 days
2014 89 days TL20.47 Million TL230.34K/day TL- TL- ▲ +9 days
2013 79 days TL19.04 Million TL239.61K/day TL- TL- ▼ -45 days
2012 125 days TL16.41 Million TL131.79K/day TL- TL- ▼ -35 days
2011 159 days TL16.15 Million TL101.53K/day TL- TL- ▲ +98 days
2010 61 days TL13.94 Million TL227.76K/day TL- TL- ▼ -114 days
2009 175 days TL18.04 Million TL103.01K/day TL- TL- ▲ +68 days
2008 107 days TL15.62 Million TL145.52K/day TL- TL- ▼ -53 days
2007 160 days TL15.63 Million TL97.59K/day TL- TL- ▼ -69 days
2006 229 days TL17.59 Million TL76.73K/day TL- TL- ▲ +114 days
2005 115 days TL17.50 Million TL151.63K/day TL- TL- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)