Morphic Ethical Equities Fund Ltd (MEC) — Defensive Interval Ratio
Morphic Ethical Equities Fund Ltd (MEC) has a Defensive Interval Ratio of 17643 days as of December 2025. Defensive assets of AU$42.74 Million (cash AU$-, short-term investments AU$40.55 Million, receivables AU$2.19 Million) cover 17643 days of daily cash needs of AU$2.42K/day. See Morphic Ethical Equities Fund Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Morphic Ethical Equities Fund Ltd Defensive Interval Ratio (2017–2025)
This chart shows how Morphic Ethical Equities Fund Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 17643 days, meaning defensive assets of AU$42.74 Million can fund 17643 days of operations without new revenue. See Morphic Ethical Equities Fund Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Morphic Ethical Equities Fund Ltd (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for Morphic Ethical Equities Fund Ltd from 2017 to 2025, covering 9 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 Morphic Ethical Equities Fund Ltd stock valuation.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 668 days | AU$1.97 Million | AU$2.95K/day | AU$- | AU$1.92 Million | ▼ -2590 days |
| 2024 | 3258 days | AU$1.83 Million | AU$561.81/day | AU$- | AU$1.80 Million | ▼ -2921 days |
| 2023 | 6178 days | AU$6.40 Million | AU$1.04K/day | AU$- | AU$6.35 Million | ▲ +321 days |
| 2022 | 5857 days | AU$59.10 Million | AU$10.09K/day | AU$178.10K | AU$51.32 Million | ▲ +2624 days |
| 2021 | 3233 days | AU$89.95 Million | AU$27.82K/day | AU$16.10 Million | AU$73.69 Million | ▼ -746 days |
| 2020 | 3979 days | AU$76.67 Million | AU$19.27K/day | AU$7.05 Million | AU$67.30 Million | ▲ +2394 days |
| 2019 | 1586 days | AU$101.20 Million | AU$63.82K/day | AU$15.29 Million | AU$85.83 Million | ▼ -917 days |
| 2018 | 2503 days | AU$71.64 Million | AU$28.63K/day | AU$10.30 Million | AU$60.81 Million | ▲ +1375 days |
| 2017 | 1128 days | AU$70.85 Million | AU$62.83K/day | AU$7.91 Million | AU$62.94 Million | — |