MarketAxess Holdings Inc (MKTX) — Defensive Interval Ratio
MarketAxess Holdings Inc (MKTX) has a Defensive Interval Ratio of 546 days as of June 2026. Defensive assets of $1.41 Billion (cash $-, short-term investments $171.07 Million, receivables $1.24 Billion) cover 546 days of daily cash needs of $2.58 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MarketAxess Holdings Inc Defensive Interval Ratio (2003–2025)
This chart shows how MarketAxess Holdings Inc's Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of June 2026, the ratio stands at 546 days, meaning defensive assets of $1.41 Billion can fund 546 days of operations without new revenue. For the complete balance sheet picture, see MarketAxess Holdings Inc asset portfolio.
Annual Defensive Interval Ratio for MarketAxess Holdings Inc (2003–2025)
The table below presents the year-by-year Defensive Interval Ratio for MarketAxess Holdings Inc from 2003 to 2025, covering 23 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of MarketAxess Holdings Inc to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 320 days | $512.64 Million | $1.60 Million/day | $- | $48.72 Million | ▼ -308 days |
| 2024 | 627 days | $446.70 Million | $711.91K/day | $- | $104.78 Million | ▲ +168 days |
| 2023 | 460 days | $733.59 Million | $1.60 Million/day | $- | $70.97 Million | ▼ -11 days |
| 2022 | 471 days | $499.86 Million | $1.06 Million/day | $- | $34.00 Million | ▲ +27 days |
| 2021 | 444 days | $414.86 Million | $934.24K/day | $- | $11.20 Million | ▼ -181 days |
| 2020 | 626 days | $377.78 Million | $603.92K/day | $- | $18.29 Million | ▼ -1065 days |
| 2019 | 1691 days | $182.87 Million | $108.17K/day | $- | $120.85 Million | ▲ +590 days |
| 2018 | 1101 days | $146.57 Million | $133.17K/day | $- | $89.04 Million | ▼ -653 days |
| 2017 | 1753 days | $143.94 Million | $82.09K/day | $- | $91.30 Million | ▼ -52 days |
| 2016 | 1805 days | $124.88 Million | $69.17K/day | $- | $74.21 Million | ▼ -595 days |
| 2015 | 2400 days | $125.17 Million | $52.14K/day | $- | $84.71 Million | ▲ +632 days |
| 2014 | 1769 days | $98.70 Million | $55.80K/day | $- | $64.86 Million | ▼ -368 days |
| 2013 | 2137 days | $101.90 Million | $47.68K/day | $- | $67.74 Million | ▲ +392 days |
| 2012 | 1745 days | $82.25 Million | $47.15K/day | $- | $51.21 Million | ▲ +618 days |
| 2011 | 1127 days | $114.28 Million | $101.42K/day | $- | $78.11 Million | ▲ +805 days |
| 2010 | 322 days | $30.62 Million | $95.15K/day | $- | $4.94 Million | ▼ -806 days |
| 2009 | 1128 days | $94.15 Million | $83.48K/day | $- | $71.00 Million | ▲ +309 days |
| 2008 | 819 days | $48.51 Million | $59.23K/day | $- | $35.23 Million | ▼ -32071 days |
| 2007 | 32890 days | $74.43 Million | $2.26K/day | $- | $56.03 Million | ▲ +2974 days |
| 2006 | 29916 days | $70.24 Million | $2.35K/day | $- | $52.81 Million | ▼ -1046 days |
| 2005 | 30962 days | $78.55 Million | $2.54K/day | $- | $63.76 Million | ▲ +27842 days |
| 2004 | 3120 days | $23.97 Million | $7.68K/day | $- | $9.60 Million | ▲ +2614 days |
| 2003 | 506 days | $24.65 Million | $48.74K/day | $- | $15.59 Million | — |