MCAN Mortgage Corporation (MKP) — Defensive Interval Ratio

Latest as of December 2025: 2709 days

MCAN Mortgage Corporation (MKP) has a Defensive Interval Ratio of 2709 days as of December 2025. Defensive assets of CA$144.25 Million (cash CA$79.83 Million, short-term investments CA$54.15 Million, receivables CA$10.27 Million) cover 2709 days of daily cash needs of CA$53.25K/day. Check MCAN Mortgage Corporation tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2709 days
Days of operational coverage

Defensive Assets

CA$144.25 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$53.25K
Current Liabilities ÷ 365

Current Liabilities

CA$19.44 Million
CAD

MCAN Mortgage Corporation Defensive Interval Ratio (1996–2025)

This chart shows how MCAN Mortgage Corporation's Defensive Interval Ratio has evolved across 26 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 2709 days, meaning defensive assets of CA$144.25 Million can fund 2709 days of operations without new revenue. Also explore MKP shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for MCAN Mortgage Corporation (1996–2025)

The table below presents the year-by-year Defensive Interval Ratio for MCAN Mortgage Corporation from 1996 to 2025, covering 26 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 MKP market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 2699 days CA$144.25 Million CA$53.45K/day CA$79.83 Million CA$54.15 Million ▼ -56147 days
2024 58846 days CA$4.96 Billion CA$84.24K/day CA$61.70 Million CA$- ▼ -9347 days
2023 68193 days CA$4.46 Billion CA$65.41K/day CA$60.34 Million CA$50.32 Million ▲ +65794 days
2022 2399 days CA$135.06 Million CA$56.29K/day CA$78.21 Million CA$53.74 Million ▼ -67447 days
2021 69847 days CA$3.58 Billion CA$51.25K/day CA$122.27 Million CA$62.69 Million ▼ -381680 days
2020 451527 days CA$2.54 Billion CA$5.63K/day CA$88.93 Million CA$49.61 Million ▲ +395430 days
2019 56097 days CA$1.98 Billion CA$35.22K/day CA$54.45 Million CA$46.14 Million ▲ +2137 days
2018 53960 days CA$1.97 Billion CA$36.55K/day CA$98.84 Million CA$53.25 Million ▲ +53126 days
2017 834 days CA$2.07 Billion CA$2.48 Million/day CA$117.57 Million CA$62.52 Million ▼ -11 days
2016 845 days CA$2.15 Billion CA$2.54 Million/day CA$111.73 Million CA$55.13 Million ▲ +17 days
2015 829 days CA$2.08 Billion CA$2.51 Million/day CA$- CA$53.85 Million ▼ -54627 days
2014 55456 days CA$1.68 Billion CA$30.33K/day CA$- CA$41.66 Million ▲ +1512 days
2013 53944 days CA$1.85 Billion CA$34.32K/day CA$- CA$392.09 Million ▼ -25840 days
2012 79784 days CA$2.08 Billion CA$26.05K/day CA$- CA$398.83 Million ▲ +79740 days
2011 44 days CA$375.64 Million CA$8.59 Million/day CA$- CA$375.64 Million ▼ -347 days
2010 391 days CA$30.29 Million CA$77.46K/day CA$- CA$20.21 Million ▼ -1041 days
2009 1432 days CA$90.47 Million CA$63.18K/day CA$- CA$73.59 Million ▲ +409 days
2008 1023 days CA$75.37 Million CA$73.65K/day CA$- CA$39.74 Million ▲ +1016 days
2007 8 days CA$190.00K CA$24.79K/day CA$- CA$156.00K ▼ -1128 days
2006 1135 days CA$12.86 Million CA$11.33K/day CA$- CA$12.47 Million ▲ +770 days
2001 365 days CA$20.15 Million CA$55.15K/day CA$- CA$20.13 Million ▼ -1 days
2000 367 days CA$17.24 Million CA$47.04K/day CA$- CA$17.17 Million ▲ +2 days
1999 365 days CA$18.00 Million CA$49.32K/day CA$- CA$18.00 Million ▼ -668 days
1998 1033 days CA$13.30 Million CA$12.88K/day CA$- CA$13.30 Million ▲ +800 days
1997 233 days CA$3.00 Million CA$12.88K/day CA$- CA$3.00 Million ▼ -278 days
1996 511 days CA$7.00 Million CA$13.70K/day CA$- CA$7.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)