Mercantile Bank Corporation (MBWM) — Defensive Interval Ratio
Mercantile Bank Corporation (MBWM) has a Defensive Interval Ratio of 73 days as of December 2025. Defensive assets of $1.10 Billion (cash $-, short-term investments $1.10 Billion, receivables $-) cover 73 days of daily cash needs of $15.11 Million/day. Check MBWM tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Mercantile Bank Corporation Defensive Interval Ratio (1999–2025)
This chart shows how Mercantile Bank Corporation's Defensive Interval Ratio has evolved across 27 annual periods from 1999 to 2025. As of December 2025, the ratio stands at 73 days, meaning defensive assets of $1.10 Billion can fund 73 days of operations without new revenue. Also explore MBWM year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Mercantile Bank Corporation (1999–2025)
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 live market cap and the full company financial profile, see market cap of Mercantile Bank Corporation.
| 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 | $- | $- | — |