Mercan Kimya Sanayi ve Ticaret AS (MERCN) — Defensive Interval Ratio
Mercan Kimya Sanayi ve Ticaret AS (MERCN) has a Defensive Interval Ratio of 177 days as of September 2025. Defensive assets of TL620.44 Million (cash TL-, short-term investments TL123.10 Million, receivables TL497.34 Million) cover 177 days of daily cash needs of TL3.50 Million/day. Check Mercan Kimya Sanayi ve Ticaret AS tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Mercan Kimya Sanayi ve Ticaret AS Defensive Interval Ratio (2018–2024)
This chart shows how Mercan Kimya Sanayi ve Ticaret AS's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 177 days, meaning defensive assets of TL620.44 Million can fund 177 days of operations without new revenue. Also explore Mercan Kimya Sanayi ve Ticaret AS net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Mercan Kimya Sanayi ve Ticaret AS (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for Mercan Kimya Sanayi ve Ticaret AS from 2018 to 2024, covering 7 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 MERCN company net worth.
| Year | DIR (days) | Defensive Assets (TRY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 178 days | TL431.87 Million | TL2.42 Million/day | TL- | TL76.91 Million | ▲ +11 days |
| 2023 | 167 days | TL431.47 Million | TL2.58 Million/day | TL- | TL112.73 Million | ▼ -42 days |
| 2022 | 209 days | TL291.82 Million | TL1.40 Million/day | TL- | TL70.97 Million | ▼ -104 days |
| 2021 | 313 days | TL239.36 Million | TL765.45K/day | TL- | TL55.91 Million | ▲ +151 days |
| 2020 | 162 days | TL68.70 Million | TL424.92K/day | TL- | TL48.57K | ▲ +10 days |
| 2019 | 152 days | TL51.71 Million | TL340.64K/day | TL- | TL- | ▲ +1 days |
| 2018 | 150 days | TL57.65 Million | TL383.15K/day | TL- | TL- | — |