Mercer International Inc (MERC) — Defensive Interval Ratio
Mercer International Inc (MERC) has a Defensive Interval Ratio of 312 days as of March 2026. Defensive assets of $329.07 Million (cash $-, short-term investments $-, receivables $329.07 Million) cover 312 days of daily cash needs of $1.05 Million/day. See MERC working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Mercer International Inc Defensive Interval Ratio (1989–2025)
This chart shows how Mercer International Inc's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of March 2026, the ratio stands at 312 days, meaning defensive assets of $329.07 Million can fund 312 days of operations without new revenue. See Mercer International Inc balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Mercer International Inc (1989–2025)
The table below presents the year-by-year Defensive Interval Ratio for Mercer International Inc 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 live market cap and the full company financial profile, see MERC market cap.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 385 days | $298.89 Million | $777.06K/day | $- | $- | ▼ -81 days |
| 2024 | 466 days | $327.35 Million | $702.84K/day | $- | $- | ▲ +76 days |
| 2023 | 390 days | $306.17 Million | $784.76K/day | $- | $- | ▲ +50 days |
| 2022 | 340 days | $351.99 Million | $1.04 Million/day | $- | $- | ▼ -105 days |
| 2021 | 445 days | $345.35 Million | $775.68K/day | $- | $- | ▼ -26 days |
| 2020 | 471 days | $273.48 Million | $580.26K/day | $- | $46.43 Million | ▲ +174 days |
| 2019 | 297 days | $208.74 Million | $702.22K/day | $- | $- | ▼ -175 days |
| 2018 | 472 days | $252.69 Million | $535.31K/day | $- | $- | ▲ +28 days |
| 2017 | 444 days | $523.47 Million | $1.18 Million/day | $- | $317.44 Million | ▼ -58 days |
| 2016 | 502 days | $128.22 Million | $255.26K/day | $- | $4.33 Million | ▲ +1 days |
| 2015 | 502 days | $143.48 Million | $286.08K/day | $- | $9.23 Million | ▲ +23 days |
| 2014 | 478 days | $151.37 Million | $316.45K/day | $- | $10.29 Million | ▲ +179 days |
| 2013 | 300 days | $135.89 Million | $453.42K/day | $- | $- | ▲ +6 days |
| 2012 | 294 days | $145.15 Million | $494.31K/day | $- | $- | ▼ -91 days |
| 2011 | 385 days | $172.24 Million | $447.66K/day | $- | $15.83 Million | ▲ +27 days |
| 2010 | 358 days | $163.28 Million | $456.18K/day | $- | $- | ▲ +101 days |
| 2009 | 257 days | $102.62 Million | $399.54K/day | $- | $- | ▼ -138 days |
| 2008 | 395 days | $157.32 Million | $398.66K/day | $- | $18.09 Million | ▲ +107 days |
| 2007 | 288 days | $140.04 Million | $486.16K/day | $- | $- | ▲ +36 days |
| 2006 | 252 days | $109.31 Million | $433.92K/day | $- | $- | ▲ +40 days |
| 2005 | 212 days | $96.29 Million | $455.01K/day | $- | $8.34 Million | ▲ +52 days |
| 2004 | 159 days | $135.40 Million | $850.13K/day | $- | $61.32 Million | ▲ +93 days |
| 2003 | 66 days | $40.59 Million | $610.85K/day | $- | $7.00K | ▼ -64 days |
| 2002 | 131 days | $33.85 Million | $258.66K/day | $- | $322.00K | ▼ -116 days |
| 2001 | 246 days | $46.71 Million | $189.53K/day | $- | $4.05 Million | ▼ -37 days |
| 2000 | 283 days | $51.41 Million | $181.41K/day | $- | $5.32 Million | ▲ +136 days |
| 1999 | 147 days | $46.84 Million | $318.24K/day | $- | $5.39 Million | ▼ -70 days |
| 1998 | 218 days | $33.80 Million | $155.34K/day | $- | $- | ▲ +77 days |
| 1997 | 141 days | $22.30 Million | $158.36K/day | $- | $- | ▲ +16 days |
| 1996 | 124 days | $18.40 Million | $147.95K/day | $- | $- | ▼ -12 days |
| 1995 | 136 days | $17.70 Million | $130.14K/day | $- | $- | ▼ -321 days |
| 1994 | 457 days | $82.50 Million | $180.55K/day | $- | $- | ▼ -28 days |
| 1993 | 485 days | $92.40 Million | $190.41K/day | $- | $- | ▲ +341 days |
| 1992 | 144 days | $11.40 Million | $79.18K/day | $- | $- | ▼ -195 days |
| 1991 | 339 days | $47.40 Million | $139.73K/day | $- | $- | ▼ -137 days |
| 1990 | 476 days | $16.70 Million | $35.07K/day | $- | $- | ▲ +177 days |
| 1989 | 299 days | $12.20 Million | $40.82K/day | $- | $- | — |