Merlin Properties SOCIMI SA (MRL) — Defensive Interval Ratio

Latest as of June 2026: 31 days

Merlin Properties SOCIMI SA (MRL) has a Defensive Interval Ratio of 31 days as of June 2026. Defensive assets of €93.65 Million (cash €-, short-term investments €7.21 Million, receivables €86.45 Million) cover 31 days of daily cash needs of €3.00 Million/day.

Defensive Interval Ratio

31 days
Days of operational coverage

Defensive Assets

€93.65 Million
Cash + ST Investments + Receivables

Daily Cash Need

€3.00 Million
Current Liabilities ÷ 365

Current Liabilities

€1.09 Billion
EUR

Merlin Properties SOCIMI SA Defensive Interval Ratio (2014–2025)

This chart shows how Merlin Properties SOCIMI SA's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 31 days, meaning defensive assets of €93.65 Million can fund 31 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 (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Merlin Properties SOCIMI SA from 2014 to 2025, covering 12 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 28 days €90.57 Million €3.22 Million/day €- €5.72 Million ▼ -3 days
2024 31 days €71.76 Million €2.30 Million/day €- €11.42 Million ▼ -47 days
2023 78 days €45.80 Million €588.14K/day €- €4.75 Million ▼ -107 days
2022 185 days €482.25 Million €2.60 Million/day €429.45 Million €2.72 Million ▼ -308 days
2021 493 days €995.80 Million €2.02 Million/day €866.72 Million €82.68 Million ▼ -249 days
2020 743 days €364.75 Million €491.12K/day €252.02 Million €7.60 Million ▲ +700 days
2019 42 days €24.86 Million €586.31K/day €- €7.72 Million ▼ -322 days
2018 365 days €176.37 Million €483.70K/day €- €8.89 Million ▲ +182 days
2017 183 days €137.36 Million €751.42K/day €- €73.45 Million ▼ -776 days
2016 959 days €547.08 Million €570.46K/day €- €83.36 Million ▲ +954 days
2015 5 days €28.75 Million €6.11 Million/day €- €4.36 Million ▼ -1357 days
2014 1362 days €128.42 Million €94.28K/day €- €125.79 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)