Mercury Securities Group Berhad (0285) — Defensive Interval Ratio

Latest as of October 2024: 1772 days

Mercury Securities Group Berhad (0285) has a Defensive Interval Ratio of 1772 days as of October 2024. Defensive assets of RM82.71 Million (cash RM-, short-term investments RM1.21 Million, receivables RM81.50 Million) cover 1772 days of daily cash needs of RM46.69K/day. Check Mercury Securities Group Berhad tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1772 days
Days of operational coverage

Defensive Assets

RM82.71 Million
Cash + ST Investments + Receivables

Daily Cash Need

RM46.69K
Current Liabilities ÷ 365

Current Liabilities

RM17.04 Million
MYR

Mercury Securities Group Berhad Defensive Interval Ratio (2021–2024)

This chart shows how Mercury Securities Group Berhad's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of October 2024, the ratio stands at 1772 days, meaning defensive assets of RM82.71 Million can fund 1772 days of operations without new revenue. Also explore how fast is Mercury Securities Group Berhad growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mercury Securities Group Berhad (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Mercury Securities Group Berhad from 2021 to 2024, covering 4 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 0285 market cap.

Year DIR (days) Defensive Assets (MYR) Daily Cash Need Cash ST Investments Change (days)
2024 1983 days RM74.09 Million RM37.36K/day RM- RM1.11 Million ▲ +696 days
2023 1287 days RM69.25 Million RM53.81K/day RM- RM489.85K ▼ -1 days
2022 1288 days RM62.67 Million RM48.65K/day RM- RM- ▲ +733 days
2021 555 days RM87.10 Million RM156.83K/day RM- RM-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)