Meren Energy Inc. (MER) — Defensive Interval Ratio

Latest as of September 2025: 313 days

Meren Energy Inc. (MER) has a Defensive Interval Ratio of 313 days as of September 2025. Defensive assets of CA$287.70 Million (cash CA$176.70 Million, short-term investments CA$-, receivables CA$111.00 Million) cover 313 days of daily cash needs of CA$917.81K/day.

Defensive Interval Ratio

313 days
Days of operational coverage

Defensive Assets

CA$287.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$917.81K
Current Liabilities ÷ 365

Current Liabilities

CA$335.00 Million
CAD

Meren Energy Inc. Defensive Interval Ratio (2000–2024)

This chart shows how Meren Energy Inc.'s Defensive Interval Ratio has evolved across 19 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 313 days, meaning defensive assets of CA$287.70 Million can fund 313 days of operations without new revenue. For the complete balance sheet picture, see total assets of Meren Energy Inc..

Annual Defensive Interval Ratio for Meren Energy Inc. (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for Meren Energy Inc. from 2000 to 2024, covering 19 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 Meren Energy Inc. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 1743 days CA$69.70 Million CA$40.00K/day CA$61.40 Million CA$- ▼ -2121 days
2023 3863 days CA$237.10 Million CA$61.37K/day CA$232.00 Million CA$- ▲ +2217 days
2022 1646 days CA$200.70 Million CA$121.92K/day CA$199.30 Million CA$- ▲ +1615 days
2021 32 days CA$658.00K CA$20.88K/day CA$- CA$- ▼ -5 days
2019 36 days CA$4.27 Million CA$117.76K/day CA$- CA$- ▲ +33 days
2016 3 days CA$270.00K CA$80.82K/day CA$- CA$- ▼ -24 days
2012 27 days CA$2.85 Million CA$105.41K/day CA$- CA$- ▼ -50 days
2011 77 days CA$5.32 Million CA$69.26K/day CA$- CA$2.61 Million ▼ -22 days
2010 99 days CA$2.32 Million CA$23.52K/day CA$- CA$- ▼ -376 days
2009 475 days CA$5.40 Million CA$11.37K/day CA$- CA$- ▲ +462 days
2008 13 days CA$370.58K CA$28.32K/day CA$- CA$- ▼ -12 days
2007 25 days CA$25.01K CA$982.25/day CA$- CA$- ▼ -330 days
2006 356 days CA$35.93K CA$101.06/day CA$- CA$- ▲ +328 days
2005 28 days CA$26.30K CA$953.47/day CA$- CA$- ▼ -18 days
2004 46 days CA$4.38K CA$95.50/day CA$- CA$- ▲ +37 days
2003 9 days CA$2.31K CA$256.84/day CA$- CA$- ▲ +5 days
2002 4 days CA$2.76K CA$752.85/day CA$- CA$- ▲ +1 days
2001 3 days CA$3.20K CA$1.08K/day CA$- CA$- ▼ -3 days
2000 6 days CA$5.13K CA$932.64/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)