First Merchants Corporation Depository Shares Defensive Interval Ratio
First Merchants Corporation Depository Shares defensive interval ratio. First Merchants Corporation Depository Shares (FRMEP) has a Defensive Interval Ratio of 73 days as of June 2026. Defensive assets of $3.39 Billion (cash $-, short-term investments $3.29 Billion, receivables $101.93 Million) cover 73 days of daily cash needs of $46.23 Million/day. See FRMEP working capital efficiency 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 First Merchants Corporation Depository Shares (1989–2025)
Defensive interval ratio of First Merchants Corporation Depository Shares from 1989 to 2025. This chart shows how First Merchants Corporation Depository Shares's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of June 2026, the ratio stands at 73 days, meaning defensive assets of $3.39 Billion can fund 73 days of operations without new revenue. Check First Merchants Corporation Depository S (FRMEP) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
First Merchants Corporation Depository Shares Defensive Interval Ratio by Year (1989–2025)
First Merchants Corporation Depository Shares defensive interval ratio by year from 1989 to 2025. The table below presents the year-by-year Defensive Interval Ratio for First Merchants Corporation Depository Shares from 1989 to 2025, covering 37 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 FRMEP asset base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 69 days | $1.50 Billion | $21.73 Million/day | $- | $1.41 Billion | ▲ +33 days |
| 2024 | 37 days | $1.48 Billion | $40.49 Million/day | $- | $1.39 Billion | ▼ -5 days |
| 2023 | 42 days | $1.72 Billion | $41.09 Million/day | $- | $1.63 Billion | ▼ -9 days |
| 2022 | 51 days | $2.06 Billion | $40.35 Million/day | $- | $1.98 Billion | ▼ -17 days |
| 2021 | 68 days | $2.40 Billion | $35.39 Million/day | $- | $2.34 Billion | ▲ +5 days |
| 2020 | 62 days | $1.97 Billion | $31.62 Million/day | $- | $1.92 Billion | ▼ -4 days |
| 2019 | 67 days | $1.84 Billion | $27.64 Million/day | $- | $1.79 Billion | ▲ +12 days |
| 2018 | 54 days | $1.18 Billion | $21.86 Million/day | $- | $1.14 Billion | ▲ +3 days |
| 2017 | 51 days | $1.04 Billion | $20.43 Million/day | $- | $999.95 Million | ▲ +6 days |
| 2016 | 45 days | $723.37 Million | $15.96 Million/day | $- | $696.86 Million | ▼ 0 days |
| 2015 | 45 days | $683.40 Million | $15.06 Million/day | $- | $658.40 Million | ▲ +2 days |
| 2014 | 44 days | $570.63 Million | $13.11 Million/day | $- | $549.54 Million | ▼ -2 days |
| 2013 | 45 days | $556.42 Million | $12.35 Million/day | $- | $536.20 Million | ▼ -10 days |
| 2012 | 55 days | $532.30 Million | $9.61 Million/day | $- | $513.34 Million | ▼ -4 days |
| 2011 | 60 days | $539.77 Million | $9.02 Million/day | $- | $518.49 Million | ▼ 0 days |
| 2010 | 60 days | $558.04 Million | $9.27 Million/day | $- | $539.37 Million | ▲ +17 days |
| 2009 | 43 days | $434.43 Million | $10.05 Million/day | $- | $413.61 Million | ▲ +41 days |
| 2008 | 2 days | $23.98 Million | $10.55 Million/day | $- | $- | ▼ -1 days |
| 2007 | 3 days | $23.40 Million | $7.81 Million/day | $- | $- | ▼ 0 days |
| 2006 | 3 days | $24.34 Million | $7.83 Million/day | $- | $- | ▲ +0 days |
| 2005 | 3 days | $19.69 Million | $6.54 Million/day | $- | $- | ▲ +0 days |
| 2004 | 3 days | $17.32 Million | $6.61 Million/day | $- | $- | ▲ +0 days |
| 2003 | 3 days | $16.84 Million | $6.48 Million/day | $- | $- | ▼ 0 days |
| 2002 | 3 days | $17.35 Million | $5.82 Million/day | $- | $- | ▼ 0 days |
| 2001 | 3 days | $12.02 Million | $3.91 Million/day | $- | $- | ▼ -1 days |
| 2000 | 4 days | $13.13 Million | $3.55 Million/day | $- | $- | ▲ +0 days |
| 1999 | 4 days | $11.30 Million | $3.16 Million/day | $- | $- | ▲ +0 days |
| 1998 | 3 days | $10.80 Million | $3.17 Million/day | $- | $- | ▼ 0 days |
| 1997 | 4 days | $9.00 Million | $2.39 Million/day | $- | $- | ▲ +0 days |
| 1996 | 4 days | $8.60 Million | $2.33 Million/day | $- | $- | ▲ +0 days |
| 1995 | 4 days | $6.20 Million | $1.71 Million/day | $- | $- | ▲ +0 days |
| 1994 | 4 days | $5.60 Million | $1.56 Million/day | $- | $- | ▼ 0 days |
| 1993 | 4 days | $5.70 Million | $1.52 Million/day | $- | $- | ▼ 0 days |
| 1992 | 4 days | $5.90 Million | $1.51 Million/day | $- | $- | ▼ -1 days |
| 1991 | 5 days | $7.00 Million | $1.46 Million/day | $- | $- | ▼ 0 days |
| 1990 | 5 days | $6.60 Million | $1.33 Million/day | $- | $- | ▼ 0 days |
| 1989 | 5 days | $6.60 Million | $1.29 Million/day | $- | $- | — |