Merlin Properties SOCIMI SA (MRL) — Defensive Interval Ratio

Latest as of September 2025: 125 days

Merlin Properties SOCIMI SA (MRL) has a Defensive Interval Ratio of 125 days as of September 2025. Defensive assets of €95.46 Million (cash €-, short-term investments €5.63 Million, receivables €89.83 Million) cover 125 days of daily cash needs of €766.66K/day.

Defensive Interval Ratio

125 days
Days of operational coverage

Defensive Assets

€95.46 Million
Cash + ST Investments + Receivables

Daily Cash Need

€766.66K
Current Liabilities ÷ 365

Current Liabilities

€279.83 Million
EUR

Merlin Properties SOCIMI SA Defensive Interval Ratio (2021–2025)

This chart shows how Merlin Properties SOCIMI SA's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of September 2025, the ratio stands at 125 days, meaning defensive assets of €95.46 Million can fund 125 days of operations without new revenue. For the complete balance sheet picture, see Merlin Properties SOCIMI SA balance sheet assets.

Annual Defensive Interval Ratio for Merlin Properties SOCIMI SA (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for Merlin Properties SOCIMI SA from 2021 to 2025, covering 5 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 Merlin Properties SOCIMI SA (MRL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 17 days €54.15 Million €3.22 Million/day €- €5.72 Million ▼ -5 days
2024 22 days €50.08 Million €2.30 Million/day €- €11.42 Million ▼ -56 days
2023 78 days €45.80 Million €588.14K/day €- €4.75 Million ▲ +65 days
2022 12 days €32.46 Million €2.60 Million/day €- €2.72 Million ▼ -36 days
2021 48 days €97.48 Million €2.02 Million/day €- €82.68 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)