McCormick & Company Incorporated (MKC) — Defensive Interval Ratio
McCormick & Company Incorporated (MKC) has a Defensive Interval Ratio of 107 days as of February 2026. Defensive assets of $1.01 Billion (cash $177.70 Million, short-term investments $-, receivables $829.20 Million) cover 107 days of daily cash needs of $9.43 Million/day. See McCormick & Company Incorporated working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
McCormick & Company Incorporated Defensive Interval Ratio (1985–2025)
This chart shows how McCormick & Company Incorporated's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of February 2026, the ratio stands at 107 days, meaning defensive assets of $1.01 Billion can fund 107 days of operations without new revenue. See McCormick & Company Incorporated net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for McCormick & Company Incorporated (1985–2025)
The table below presents the year-by-year Defensive Interval Ratio for McCormick & Company Incorporated from 1985 to 2025, covering 41 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 MKC market cap overview.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 86 days | $724.80 Million | $8.39 Million/day | $95.90 Million | $- | ▼ -12 days |
| 2024 | 98 days | $773.50 Million | $7.90 Million/day | $186.10 Million | $- | ▲ +9 days |
| 2023 | 89 days | $754.10 Million | $8.49 Million/day | $166.60 Million | $- | ▼ -8 days |
| 2022 | 97 days | $907.70 Million | $9.40 Million/day | $334.00 Million | $- | ▼ -6 days |
| 2021 | 102 days | $901.20 Million | $8.83 Million/day | $351.70 Million | $- | ▼ -12 days |
| 2020 | 114 days | $952.10 Million | $8.35 Million/day | $423.60 Million | $- | ▲ +3 days |
| 2019 | 112 days | $658.30 Million | $5.90 Million/day | $155.40 Million | $- | ▼ -1 days |
| 2018 | 112 days | $614.70 Million | $5.48 Million/day | $96.60 Million | $- | ▼ -7 days |
| 2017 | 119 days | $634.00 Million | $5.34 Million/day | $186.80 Million | $-107.90 Million | ▼ -6 days |
| 2016 | 125 days | $486.00 Million | $3.90 Million/day | $118.40 Million | $-97.60 Million | ▲ +17 days |
| 2015 | 108 days | $366.90 Million | $3.39 Million/day | $- | $-88.30 Million | ▼ -29 days |
| 2014 | 137 days | $420.50 Million | $3.07 Million/day | $- | $-73.10 Million | ▼ -38 days |
| 2013 | 174 days | $507.70 Million | $2.91 Million/day | $- | $12.20 Million | ▲ +58 days |
| 2012 | 117 days | $379.80 Million | $3.25 Million/day | $- | $-86.10 Million | ▼ -5 days |
| 2011 | 122 days | $331.30 Million | $2.72 Million/day | $- | $-95.70 Million | ▼ -47 days |
| 2010 | 169 days | $386.70 Million | $2.29 Million/day | $- | $0.00 | ▲ +6 days |
| 2009 | 163 days | $365.30 Million | $2.24 Million/day | $- | $- | ▲ +29 days |
| 2008 | 134 days | $380.70 Million | $2.83 Million/day | $- | $- | ▼ -59 days |
| 2007 | 193 days | $456.50 Million | $2.36 Million/day | $- | $- | ▲ +16 days |
| 2006 | 177 days | $379.10 Million | $2.14 Million/day | $- | $- | ▼ -16 days |
| 2005 | 193 days | $369.30 Million | $1.92 Million/day | $- | $- | ▲ +0 days |
| 2004 | 193 days | $407.64 Million | $2.12 Million/day | $- | $- | ▲ +15 days |
| 2003 | 177 days | $344.69 Million | $1.95 Million/day | $- | $- | ▲ +13 days |
| 2002 | 164 days | $303.32 Million | $1.84 Million/day | $- | $- | ▲ +13 days |
| 2001 | 151 days | $295.50 Million | $1.96 Million/day | $- | $- | ▲ +43 days |
| 2000 | 108 days | $303.30 Million | $2.81 Million/day | $- | $- | ▼ -58 days |
| 1999 | 166 days | $213.90 Million | $1.29 Million/day | $- | $- | ▲ +16 days |
| 1998 | 150 days | $212.80 Million | $1.42 Million/day | $- | $- | ▼ -9 days |
| 1997 | 159 days | $217.20 Million | $1.36 Million/day | $- | $- | ▲ +0 days |
| 1996 | 159 days | $217.50 Million | $1.37 Million/day | $- | $- | ▲ +33 days |
| 1995 | 126 days | $224.00 Million | $1.77 Million/day | $- | $- | ▼ 0 days |
| 1994 | 127 days | $208.80 Million | $1.65 Million/day | $- | $- | ▼ -36 days |
| 1993 | 163 days | $175.10 Million | $1.08 Million/day | $- | $- | ▲ +25 days |
| 1992 | 137 days | $158.00 Million | $1.15 Million/day | $- | $- | ▼ -14 days |
| 1991 | 152 days | $149.70 Million | $986.85K/day | $- | $- | ▼ -20 days |
| 1990 | 172 days | $144.30 Million | $838.08K/day | $- | $- | ▼ -4 days |
| 1989 | 176 days | $118.30 Million | $672.05K/day | $- | $- | ▲ +12 days |
| 1988 | 164 days | $124.50 Million | $759.73K/day | $- | $- | ▲ +12 days |
| 1987 | 152 days | $113.40 Million | $746.30K/day | $- | $- | ▼ -19 days |
| 1986 | 171 days | $109.60 Million | $641.92K/day | $- | $- | ▲ +8 days |
| 1985 | 163 days | $95.10 Million | $583.56K/day | $- | $- | — |