McCormick & Company Incorporated (MKC) — Defensive Interval Ratio

Latest as of November 2025: 86 days

McCormick & Company Incorporated (MKC) has a Defensive Interval Ratio of 86 days as of November 2025. Defensive assets of $724.80 Million (cash $95.90 Million, short-term investments $-, receivables $628.90 Million) cover 86 days of daily cash needs of $8.39 Million/day. Check MKC tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

86 days
Days of operational coverage

Defensive Assets

$724.80 Million
Cash + ST Investments + Receivables

Daily Cash Need

$8.39 Million
Current Liabilities ÷ 365

Current Liabilities

$3.06 Billion
USD

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 November 2025, the ratio stands at 86 days, meaning defensive assets of $724.80 Million can fund 86 days of operations without new revenue. Also explore net asset growth rate of McCormick & Company Incorporated to track the company's year-over-year net asset growth rate.

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 McCormick & Company Incorporated market capitalisation.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)