Mitek Systems Inc (MITK) — Defensive Interval Ratio

Latest as of March 2026: 489 days

Mitek Systems Inc (MITK) has a Defensive Interval Ratio of 489 days as of March 2026. Defensive assets of $80.33 Million (cash $-, short-term investments $8.40 Million, receivables $71.93 Million) cover 489 days of daily cash needs of $164.21K/day. Check MITK tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

489 days
Days of operational coverage

Defensive Assets

$80.33 Million
Cash + ST Investments + Receivables

Daily Cash Need

$164.21K
Current Liabilities ÷ 365

Current Liabilities

$59.94 Million
USD

Mitek Systems Inc Defensive Interval Ratio (1988–2025)

This chart shows how Mitek Systems Inc's Defensive Interval Ratio has evolved across 38 annual periods from 1988 to 2025. As of March 2026, the ratio stands at 489 days, meaning defensive assets of $80.33 Million can fund 489 days of operations without new revenue. Also explore how fast is Mitek Systems Inc growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mitek Systems Inc (1988–2025)

The table below presents the year-by-year Defensive Interval Ratio for Mitek Systems Inc from 1988 to 2025, covering 38 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 Mitek Systems Inc (MITK) total market value.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 154 days $88.36 Million $572.70K/day $- $38.86 Million ▼ -576 days
2024 731 days $84.38 Million $115.47K/day $- $36.88 Million ▼ -157 days
2023 887 days $125.19 Million $141.09K/day $- $74.70 Million ▲ +54 days
2022 833 days $92.42 Million $110.95K/day $- $58.27 Million ▼ -747 days
2021 1580 days $169.74 Million $107.42K/day $- $149.06 Million ▲ +668 days
2020 912 days $60.83 Million $66.73K/day $- $40.03 Million ▲ +296 days
2019 615 days $33.79 Million $54.93K/day $- $16.50 Million ▲ +163 days
2018 452 days $25.27 Million $55.91K/day $- $8.45 Million ▼ -979 days
2017 1431 days $37.38 Million $26.12K/day $- $30.28 Million ▲ +124 days
2016 1307 days $29.81 Million $22.81K/day $- $24.86 Million ▼ -67 days
2015 1373 days $27.86 Million $20.28K/day $- $23.92 Million ▲ +244 days
2014 1130 days $19.22 Million $17.02K/day $- $16.27 Million ▲ +676 days
2013 453 days $7.23 Million $15.94K/day $- $5.73 Million ▼ -360 days
2012 814 days $6.92 Million $8.50K/day $- $5.82 Million ▼ -1892 days
2011 2705 days $13.14 Million $4.86K/day $- $10.19 Million ▲ +2359 days
2010 346 days $1.22 Million $3.53K/day $- $- ▲ +254 days
2009 92 days $360.82K $3.91K/day $- $- ▼ -147 days
2008 239 days $912.83K $3.82K/day $- $- ▲ +29 days
2007 210 days $542.01K $2.58K/day $- $- ▼ -21 days
2006 231 days $1.08 Million $4.67K/day $- $- ▲ +90 days
2005 141 days $773.21K $5.48K/day $- $- ▼ -277 days
2004 418 days $3.10 Million $7.40K/day $- $- ▲ +0 days
2003 418 days $3.10 Million $7.40K/day $- $- ▼ -445 days
2002 863 days $6.47 Million $7.50K/day $- $- ▼ -3 days
2001 866 days $4.45 Million $5.14K/day $- $- ▲ +79 days
2000 787 days $6.13 Million $7.79K/day $- $- ▼ -286 days
1999 1074 days $5.00 Million $4.66K/day $- $- ▲ +607 days
1998 466 days $2.30 Million $4.93K/day $- $- ▼ -290 days
1997 756 days $2.90 Million $3.84K/day $- $- ▼ -7 days
1996 763 days $2.30 Million $3.01K/day $- $- ▲ +325 days
1995 438 days $1.80 Million $4.11K/day $- $- ▲ +92 days
1994 346 days $1.80 Million $5.21K/day $- $- ▲ +129 days
1993 216 days $1.60 Million $7.40K/day $- $- ▼ -196 days
1992 413 days $2.60 Million $6.30K/day $- $- ▲ +124 days
1991 289 days $5.70 Million $19.73K/day $- $- ▲ +26 days
1990 263 days $6.20 Million $23.56K/day $- $- ▼ -166 days
1989 429 days $4.00 Million $9.32K/day $- $- ▲ +207 days
1988 223 days $3.60 Million $16.16K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)