Mercantile Bank Corporation Defensive Interval Ratio
Mercantile Bank Corporation defensive interval ratio. Mercantile Bank Corporation (MBWM) has a Defensive Interval Ratio of 75 days as of June 2026. Defensive assets of $1.13 Billion (cash $-, short-term investments $1.13 Billion, receivables $-) cover 75 days of daily cash needs of $15.11 Million/day. See working capital position of Mercantile Bank Corporation 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 Mercantile Bank Corporation (1999–2025)
Defensive interval ratio of Mercantile Bank Corporation from 1999 to 2025. This chart shows how Mercantile Bank Corporation's Defensive Interval Ratio has evolved across 27 annual periods from 1999 to 2025. As of June 2026, the ratio stands at 75 days, meaning defensive assets of $1.13 Billion can fund 75 days of operations without new revenue. Check financial resilience of Mercantile Bank Corporation to evaluate the company's liquid asset resilience ratio.
Mercantile Bank Corporation Defensive Interval Ratio by Year (1999–2025)
Mercantile Bank Corporation defensive interval ratio by year from 1999 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Mercantile Bank Corporation from 1999 to 2025, covering 27 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 Mercantile Bank Corporation assets under control.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 73 days | $1.10 Billion | $15.11 Million/day | $- | $1.10 Billion | ▲ +18 days |
| 2024 | 55 days | $730.35 Million | $13.21 Million/day | $- | $730.35 Million | ▲ +1 days |
| 2023 | 55 days | $617.09 Million | $11.32 Million/day | $- | $617.09 Million | ▼ -356 days |
| 2022 | 410 days | $4.48 Billion | $10.92 Million/day | $- | $602.94 Million | ▲ +360 days |
| 2021 | 50 days | $592.74 Million | $11.80 Million/day | $- | $592.74 Million | ▲ +10 days |
| 2020 | 40 days | $387.35 Million | $9.74 Million/day | $- | $387.35 Million | ▼ -4 days |
| 2019 | 43 days | $334.65 Million | $7.71 Million/day | $- | $334.65 Million | ▼ -4 days |
| 2018 | 47 days | $337.37 Million | $7.10 Million/day | $- | $337.37 Million | ▲ +1 days |
| 2017 | 46 days | $335.74 Million | $7.27 Million/day | $- | $335.74 Million | ▼ -7816 days |
| 2016 | 7862 days | $328.06 Million | $41.73K/day | $- | $328.06 Million | ▲ +7810 days |
| 2015 | 52 days | $346.99 Million | $6.70 Million/day | $- | $346.99 Million | ▼ -13 days |
| 2014 | 64 days | $432.91 Million | $6.73 Million/day | $- | $432.91 Million | ▼ -682 days |
| 2013 | 746 days | $134.83 Million | $180.65K/day | $- | $131.18 Million | ▲ +703 days |
| 2012 | 43 days | $142.19 Million | $3.31 Million/day | $- | $138.31 Million | ▼ -765 days |
| 2011 | 808 days | $177.40 Million | $219.55K/day | $- | $172.99 Million | ▲ +804 days |
| 2010 | 4 days | $15.54 Million | $3.51 Million/day | $- | $9.60 Million | ▲ +2 days |
| 2009 | 2 days | $8.56 Million | $3.87 Million/day | $- | $1.47 Million | ▲ +0 days |
| 2008 | 2 days | $8.61 Million | $4.69 Million/day | $- | $100.00K | ▼ 0 days |
| 2007 | 2 days | $10.47 Million | $4.73 Million/day | $- | $510.00K | ▼ 0 days |
| 2006 | 2 days | $10.57 Million | $4.77 Million/day | $- | $282.00K | ▲ +0 days |
| 2005 | 2 days | $8.82 Million | $4.47 Million/day | $- | $545.00K | ▲ +0 days |
| 2004 | 2 days | $5.79 Million | $3.70 Million/day | $- | $149.00K | ▲ +0 days |
| 2003 | 2 days | $4.35 Million | $2.87 Million/day | $- | $255.00K | ▼ -2 days |
| 2002 | 4 days | $8.05 Million | $2.25 Million/day | $- | $4.71 Million | ▼ -2 days |
| 2001 | 5 days | $8.28 Million | $1.56 Million/day | $- | $5.47 Million | ▼ -3 days |
| 2000 | 8 days | $9.17 Million | $1.17 Million/day | $- | $6.41 Million | ▲ +6 days |
| 1999 | 2 days | $1.80 Million | $807.67K/day | $- | $- | — |