MCAN Mortgage Corporation Defensive Interval Ratio
MCAN Mortgage Corporation defensive interval ratio. MCAN Mortgage Corporation (MKP) has a Defensive Interval Ratio of 734 days as of June 2026. Defensive assets of CA$72.73 Million (cash CA$-, short-term investments CA$40.40 Million, receivables CA$32.34 Million) cover 734 days of daily cash needs of CA$99.13K/day. See MCAN Mortgage Corporation (MKP) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of MCAN Mortgage Corporation (1996–2025)
Defensive interval ratio of MCAN Mortgage Corporation from 1996 to 2025. This chart shows how MCAN Mortgage Corporation's Defensive Interval Ratio has evolved across 26 annual periods from 1996 to 2025. As of June 2026, the ratio stands at 734 days, meaning defensive assets of CA$72.73 Million can fund 734 days of operations without new revenue. Check financial resilience of MCAN Mortgage Corporation to evaluate the company's liquid asset resilience ratio.
MCAN Mortgage Corporation Defensive Interval Ratio by Year (1996–2025)
MCAN Mortgage Corporation defensive interval ratio by year from 1996 to 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 the complete balance sheet picture, see how large is MCAN Mortgage Corporation's balance sheet.
| 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 | — |