Merchants Trust PLC Defensive Interval Ratio
Merchants Trust PLC defensive interval ratio. Merchants Trust PLC (MRCH) has a Defensive Interval Ratio of 260 days as of January 2024. Defensive assets of GBX1.89 Million (cash GBX-, short-term investments GBX-, receivables GBX1.89 Million) cover 260 days of daily cash needs of GBX7.25K/day. See MRCH working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Merchants Trust PLC (2008–2024)
Defensive interval ratio of Merchants Trust PLC from 2008 to 2024. This chart shows how Merchants Trust PLC's Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of January 2024, the ratio stands at 260 days, meaning defensive assets of GBX1.89 Million can fund 260 days of operations without new revenue. Check MRCH cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Merchants Trust PLC Defensive Interval Ratio by Year (2008–2024)
Merchants Trust PLC defensive interval ratio by year from 2008 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Merchants Trust PLC from 2008 to 2024, covering 17 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 the complete balance sheet picture, see Merchants Trust PLC asset portfolio.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 15 days | GBX1.89 Million | GBX128.03K/day | GBX- | GBX- | ▼ -1 days |
| 2023 | 16 days | GBX1.86 Million | GBX120.05K/day | GBX- | GBX- | ▼ -20 days |
| 2022 | 35 days | GBX2.97 Million | GBX84.14K/day | GBX- | GBX- | ▼ -18 days |
| 2021 | 53 days | GBX4.01 Million | GBX75.29K/day | GBX- | GBX42.00 | ▲ +2 days |
| 2020 | 52 days | GBX4.27 Million | GBX82.51K/day | GBX- | GBX- | ▼ -144 days |
| 2019 | 196 days | GBX1.09 Million | GBX5.55K/day | GBX- | GBX- | ▲ +85 days |
| 2018 | 111 days | GBX684.32K | GBX6.16K/day | GBX- | GBX- | ▼ -145 days |
| 2017 | 257 days | GBX473.36K | GBX1.84K/day | GBX- | GBX- | ▲ +117 days |
| 2016 | 140 days | GBX921.33K | GBX6.59K/day | GBX- | GBX- | ▲ +14 days |
| 2015 | 126 days | GBX1.03 Million | GBX8.14K/day | GBX- | GBX- | ▼ -286 days |
| 2014 | 412 days | GBX3.23 Million | GBX7.85K/day | GBX- | GBX- | ▲ +278 days |
| 2013 | 134 days | GBX1.92 Million | GBX14.38K/day | GBX- | GBX- | ▼ -317 days |
| 2012 | 450 days | GBX3.05 Million | GBX6.76K/day | GBX- | GBX- | ▲ +153 days |
| 2011 | 297 days | GBX2.03 Million | GBX6.85K/day | GBX- | GBX- | ▼ -196 days |
| 2010 | 493 days | GBX3.76 Million | GBX7.63K/day | GBX- | GBX- | ▼ -249 days |
| 2009 | 742 days | GBX3.88 Million | GBX5.22K/day | GBX- | GBX- | ▼ -515 days |
| 2008 | 1257 days | GBX7.33 Million | GBX5.83K/day | GBX- | GBX- | — |