Mesabi Trust (MSB) — Defensive Interval Ratio
Mesabi Trust (MSB) has a Defensive Interval Ratio of 153 days as of April 2026. Defensive assets of $1.50 Million (cash $-, short-term investments $-, receivables $1.50 Million) cover 153 days of daily cash needs of $9.81K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Mesabi Trust Defensive Interval Ratio (1996–2026)
This chart shows how Mesabi Trust's Defensive Interval Ratio has evolved across 31 annual periods from 1996 to 2026. As of April 2026, the ratio stands at 153 days, meaning defensive assets of $1.50 Million can fund 153 days of operations without new revenue. For the complete balance sheet picture, see Mesabi Trust asset portfolio.
Annual Defensive Interval Ratio for Mesabi Trust (1996–2026)
The table below presents the year-by-year Defensive Interval Ratio for Mesabi Trust from 1996 to 2026, covering 31 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 MSB current assets to equity ratio 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) |
|---|---|---|---|---|---|---|
| 2026 | 97 days | $1.05 Million | $10.83K/day | $- | $- | ▼ -376 days |
| 2025 | 473 days | $101.61 Million | $214.80K/day | $100.20 Million | $- | ▼ -1213 days |
| 2024 | 1686 days | $26.39 Million | $15.66K/day | $23.98 Million | $- | ▼ -11718 days |
| 2023 | 13404 days | $13.99 Million | $1.04K/day | $13.97 Million | $- | ▲ +12555 days |
| 2022 | 849 days | $53.79 Million | $63.34K/day | $47.73 Million | $0.00 | ▼ -443 days |
| 2021 | 1292 days | $22.83 Million | $17.68K/day | $12.50 Million | $9.91 Million | ▲ +367 days |
| 2020 | 925 days | $23.58 Million | $25.49K/day | $10.18 Million | $13.33 Million | ▲ +232 days |
| 2019 | 693 days | $35.40 Million | $51.09K/day | $881.81K | $32.12 Million | ▲ +84 days |
| 2018 | 609 days | $26.07 Million | $42.78K/day | $314.84K | $23.80 Million | ▼ -2055 days |
| 2017 | 2664 days | $14.20 Million | $5.33K/day | $13.70 Million | $456.06K | ▼ -298 days |
| 2016 | 2963 days | $6.72 Million | $2.27K/day | $- | $5.74 Million | ▲ +2917 days |
| 2015 | 46 days | $1.07 Million | $23.25K/day | $- | $510.57K | ▲ +33 days |
| 2014 | 13 days | $268.31K | $20.74K/day | $- | $205.06K | ▼ -24 days |
| 2013 | 37 days | $656.87K | $17.71K/day | $- | $438.81K | ▲ +23 days |
| 2012 | 14 days | $387.98K | $27.77K/day | $- | $0.00 | ▼ -24 days |
| 2011 | 38 days | $901.67K | $23.72K/day | $- | $668.89K | ▼ -61 days |
| 2010 | 99 days | $2.72 Million | $27.59K/day | $- | $1.85 Million | ▼ -620 days |
| 2009 | 719 days | $3.06 Million | $4.26K/day | $- | $340.42K | ▲ +639 days |
| 2008 | 80 days | $1.50 Million | $18.71K/day | $- | $544.19K | ▼ -17 days |
| 2007 | 97 days | $1.14 Million | $11.71K/day | $- | $727.88K | ▼ -186 days |
| 2006 | 283 days | $4.93 Million | $17.38K/day | $- | $648.19K | ▼ -113 days |
| 2005 | 397 days | $4.27 Million | $10.76K/day | $- | $748.19K | ▼ -46 days |
| 2004 | 442 days | $4.83 Million | $10.91K/day | $- | $4.83 Million | ▲ +314 days |
| 2003 | 129 days | $891.24K | $6.93K/day | $- | $891.24K | ▼ -161 days |
| 2002 | 290 days | $892.92K | $3.08K/day | $- | $892.92K | ▲ +185 days |
| 2001 | 105 days | $505.81K | $4.82K/day | $- | $505.81K | ▼ -332 days |
| 2000 | 436 days | $2.89 Million | $6.62K/day | $- | $2.89 Million | ▲ +342 days |
| 1999 | 94 days | $534.91K | $5.69K/day | $- | $534.91K | ▲ +43 days |
| 1998 | 51 days | $499.07K | $9.77K/day | $- | $499.07K | ▼ -413 days |
| 1997 | 465 days | $2.48 Million | $5.35K/day | $- | $2.48 Million | ▼ -16 days |
| 1996 | 480 days | $2.15 Million | $4.47K/day | $- | $2.15 Million | — |