The Mercantile Investment Trust plc (MRC) — Defensive Interval Ratio
The Mercantile Investment Trust plc (MRC) has a Defensive Interval Ratio of 2318 days as of January 2026. Defensive assets of GBX52.53 Million (cash GBX-, short-term investments GBX49.51 Million, receivables GBX3.02 Million) cover 2318 days of daily cash needs of GBX22.66K/day. Check tangible net worth ratio of The Mercantile Investment Trust plc to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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 2318 days, meaning defensive assets of GBX52.53 Million can fund 2318 days of operations without new revenue. Also explore net asset momentum of The Mercantile Investment Trust plc to track the company's year-over-year net asset growth rate.
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 market value of The Mercantile Investment Trust plc.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 2318 days | GBX52.53 Million | GBX22.66K/day | GBX- | GBX49.51 Million | ▲ +882 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- | — |