Merafe (MRF) — Defensive Interval Ratio
Merafe (MRF) has a Defensive Interval Ratio of 524 days as of June 2025. Defensive assets of ZAC1.07 Billion (cash ZAC-, short-term investments ZAC-, receivables ZAC1.07 Billion) cover 524 days of daily cash needs of ZAC2.04 Million/day. See working capital position of Merafe to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Merafe Defensive Interval Ratio (2002–2024)
This chart shows how Merafe's Defensive Interval Ratio has evolved across 22 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 524 days, meaning defensive assets of ZAC1.07 Billion can fund 524 days of operations without new revenue. See Merafe balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Merafe (2002–2024)
The table below presents the year-by-year Defensive Interval Ratio for Merafe from 2002 to 2024, covering 22 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 MRF market cap overview.
| Year | DIR (days) | Defensive Assets (ZAC) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 463 days | ZAC1.17 Billion | ZAC2.54 Million/day | ZAC- | ZAC- | ▼ -265 days |
| 2023 | 728 days | ZAC1.94 Billion | ZAC2.66 Million/day | ZAC- | ZAC327.70 Million | ▲ +403 days |
| 2022 | 324 days | ZAC827.77 Million | ZAC2.55 Million/day | ZAC- | ZAC-38.66 Million | ▼ -306 days |
| 2021 | 630 days | ZAC1.54 Billion | ZAC2.44 Million/day | ZAC- | ZAC-13.44 Million | ▲ +135 days |
| 2020 | 496 days | ZAC873.72 Million | ZAC1.76 Million/day | ZAC- | ZAC-13.98 Million | ▲ +72 days |
| 2019 | 424 days | ZAC689.39 Million | ZAC1.63 Million/day | ZAC- | ZAC- | ▼ -228 days |
| 2018 | 652 days | ZAC982.87 Million | ZAC1.51 Million/day | ZAC- | ZAC- | ▲ +151 days |
| 2017 | 500 days | ZAC871.01 Million | ZAC1.74 Million/day | ZAC- | ZAC- | ▼ -62 days |
| 2016 | 562 days | ZAC1.37 Billion | ZAC2.44 Million/day | ZAC- | ZAC- | ▲ +361 days |
| 2015 | 201 days | ZAC311.00 Million | ZAC1.55 Million/day | ZAC- | ZAC- | ▼ -60 days |
| 2014 | 261 days | ZAC652.14 Million | ZAC2.50 Million/day | ZAC- | ZAC- | ▼ -62 days |
| 2013 | 323 days | ZAC675.79 Million | ZAC2.09 Million/day | ZAC- | ZAC- | ▲ +27 days |
| 2012 | 296 days | ZAC364.93 Million | ZAC1.23 Million/day | ZAC- | ZAC- | ▲ +61 days |
| 2011 | 235 days | ZAC255.52 Million | ZAC1.09 Million/day | ZAC- | ZAC- | ▼ -142 days |
| 2010 | 377 days | ZAC435.11 Million | ZAC1.15 Million/day | ZAC- | ZAC- | ▲ +88 days |
| 2009 | 289 days | ZAC228.44 Million | ZAC789.62K/day | ZAC- | ZAC- | ▲ +69 days |
| 2008 | 220 days | ZAC259.66 Million | ZAC1.18 Million/day | ZAC- | ZAC- | ▲ +77 days |
| 2007 | 144 days | ZAC247.68 Million | ZAC1.72 Million/day | ZAC- | ZAC- | ▼ -29 days |
| 2006 | 172 days | ZAC272.08 Million | ZAC1.58 Million/day | ZAC- | ZAC- | ▲ +56 days |
| 2005 | 116 days | ZAC281.45 Million | ZAC2.43 Million/day | ZAC- | ZAC- | ▲ +110 days |
| 2004 | 6 days | ZAC7.81 Million | ZAC1.40 Million/day | ZAC- | ZAC7.81 Million | ▼ -4 days |
| 2002 | 10 days | ZAC5.92 Million | ZAC606.69K/day | ZAC- | ZAC5.92 Million | — |