The Mercantile Investment Trust plc (MRC) — Defensive Interval Ratio

Latest as of January 2026: 2287 days

The Mercantile Investment Trust plc (MRC) has a Defensive Interval Ratio of 2287 days as of January 2026. Defensive assets of GBX51.82 Million (cash GBX-, short-term investments GBX49.51 Million, receivables GBX2.31 Million) cover 2287 days of daily cash needs of GBX22.66K/day. See The Mercantile Investment Trust plc (MRC) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2287 days
Days of operational coverage

Defensive Assets

GBX51.82 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX22.66K
Current Liabilities ÷ 365

Current Liabilities

GBX8.27 Million
GBX

The Mercantile Investment Trust plc Defensive Interval Ratio (2004–2026)

This chart shows how The Mercantile Investment Trust plc's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2026. As of January 2026, the ratio stands at 2287 days, meaning defensive assets of GBX51.82 Million can fund 2287 days of operations without new revenue. See MRC equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for The Mercantile Investment Trust plc (2004–2026)

The table below presents the year-by-year Defensive Interval Ratio for The Mercantile Investment Trust plc from 2004 to 2026, 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 MRC market cap.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2026 2287 days GBX51.82 Million GBX22.66K/day GBX- GBX49.51 Million ▲ +851 days
2025 1436 days GBX41.00 Million GBX28.55K/day GBX- GBX36.90 Million ▲ +1293 days
2024 143 days GBX7.56 Million GBX52.73K/day GBX- GBX- ▲ +39 days
2023 104 days GBX2.74 Million GBX26.30K/day GBX- GBX- ▼ -67 days
2022 171 days GBX4.27 Million GBX25.00K/day GBX- GBX- ▼ -74 days
2021 245 days GBX14.13 Million GBX57.72K/day GBX- GBX- ▼ -44 days
2020 289 days GBX4.63 Million GBX16.04K/day GBX- GBX- ▼ -3248 days
2019 3537 days GBX90.48 Million GBX25.58K/day GBX- GBX82.70 Million ▲ +2570 days
2018 967 days GBX19.84 Million GBX20.51K/day GBX- GBX6.00 Million ▼ -6761 days
2017 7728 days GBX47.87 Million GBX6.19K/day GBX- GBX37.20 Million ▲ +258 days
2016 7471 days GBX167.79 Million GBX22.46K/day GBX- GBX162.20 Million ▲ +3491 days
2015 3980 days GBX194.92 Million GBX48.98K/day GBX- GBX192.80 Million ▲ +1243 days
2014 2736 days GBX43.63 Million GBX15.94K/day GBX- GBX26.90 Million ▼ -871 days
2013 3608 days GBX142.30 Million GBX39.44K/day GBX- GBX139.70 Million ▲ +3530 days
2012 77 days GBX2.12 Million GBX27.30K/day GBX- GBX- ▲ +23 days
2011 55 days GBX4.03 Million GBX73.59K/day GBX- GBX- ▼ -1175 days
2010 1230 days GBX19.65 Million GBX15.98K/day GBX- GBX- ▲ +1189 days
2009 41 days GBX1.79 Million GBX43.74K/day GBX- GBX- ▼ -9 days
2008 50 days GBX7.80 Million GBX155.08K/day GBX- GBX- ▼ -551 days
2007 601 days GBX31.11 Million GBX51.74K/day GBX- GBX- ▲ +7 days
2006 594 days GBX37.41 Million GBX62.93K/day GBX- GBX- ▲ +447 days
2004 148 days GBX81.38 Million GBX551.58K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)