Mercator Limited (MERCATOR) — Defensive Interval Ratio

Latest as of March 2024: 24 days

Mercator Limited (MERCATOR) has a Defensive Interval Ratio of 24 days as of March 2024. Defensive assets of Rs1.59 Billion (cash Rs-, short-term investments Rs1.34 Billion, receivables Rs247.42 Million) cover 24 days of daily cash needs of Rs66.88 Million/day. Check MERCATOR tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

24 days
Days of operational coverage

Defensive Assets

Rs1.59 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs66.88 Million
Current Liabilities ÷ 365

Current Liabilities

Rs24.41 Billion
INR

Mercator Limited Defensive Interval Ratio (2004–2024)

This chart shows how Mercator Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2004 to 2024. As of March 2024, the ratio stands at 24 days, meaning defensive assets of Rs1.59 Billion can fund 24 days of operations without new revenue. Also explore how fast is Mercator Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mercator Limited (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for Mercator Limited from 2004 to 2024, covering 21 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 Mercator Limited market cap and net worth.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2024 36 days Rs2.41 Billion Rs66.88 Million/day Rs- Rs1.34 Billion ▲ +1 days
2023 35 days Rs2.39 Billion Rs67.57 Million/day Rs- Rs1.33 Billion ▼ -45 days
2022 80 days Rs5.32 Billion Rs66.39 Million/day Rs307.20 Million Rs651.97 Million ▲ +36 days
2021 44 days Rs2.97 Billion Rs67.09 Million/day Rs- Rs660.40 Million ▲ +0 days
2020 44 days Rs2.65 Billion Rs60.50 Million/day Rs- Rs861.00 Million ▼ -56 days
2019 100 days Rs4.38 Billion Rs44.00 Million/day Rs370.40 Million Rs1.91 Billion ▼ -93 days
2018 193 days Rs6.04 Billion Rs31.32 Million/day Rs- Rs2.17 Billion ▼ -8 days
2017 201 days Rs9.06 Billion Rs44.98 Million/day Rs- Rs2.91 Billion ▲ +155 days
2016 46 days Rs2.88 Billion Rs62.21 Million/day Rs- Rs-2.91 Billion ▼ -62 days
2015 108 days Rs8.20 Billion Rs75.78 Million/day Rs- Rs39.89 Million ▼ -50 days
2014 158 days Rs8.04 Billion Rs50.83 Million/day Rs- Rs42.01 Million ▼ -53 days
2013 211 days Rs9.50 Billion Rs44.98 Million/day Rs- Rs54.58 Million ▲ +39 days
2012 172 days Rs6.31 Billion Rs36.63 Million/day Rs- Rs117.38 Million ▼ -235 days
2011 407 days Rs11.21 Billion Rs27.54 Million/day Rs- Rs3.80 Billion ▲ +185 days
2010 222 days Rs6.73 Billion Rs30.38 Million/day Rs- Rs2.42 Billion ▲ +156 days
2009 66 days Rs3.50 Billion Rs53.45 Million/day Rs- Rs3.50 Billion ▼ -111 days
2008 177 days Rs4.20 Billion Rs23.71 Million/day Rs- Rs4.20 Billion ▼ -808 days
2007 985 days Rs5.59 Billion Rs5.68 Million/day Rs- Rs2.09 Billion ▼ -396 days
2006 1381 days Rs2.54 Billion Rs1.84 Million/day Rs- Rs2.54 Billion ▲ +1041 days
2005 340 days Rs855.61 Million Rs2.51 Million/day Rs- Rs154.71 Million ▼ -212 days
2004 552 days Rs246.04 Million Rs445.75K/day Rs- Rs2.63 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)