Mercantile Bank Corporation (MBWM) — Defensive Interval Ratio
Mercantile Bank Corporation (MBWM) has a Defensive Interval Ratio of 1871 days as of March 2026. Defensive assets of $1.13 Billion (cash $-, short-term investments $1.13 Billion, receivables $-) cover 1871 days of daily cash needs of $601.41K/day. See MBWM 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
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 March 2026, the ratio stands at 1871 days, meaning defensive assets of $1.13 Billion can fund 1871 days of operations without new revenue. See net asset quality index of Mercantile Bank Corporation to measure how much of total assets are equity-financed.
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 Mercantile Bank Corporation (MBWM) total market value.
| 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 | $- | $- | — |