TP ICAP GROUP PLC LS -25 (8D7) — Defensive Interval Ratio

Latest as of December 2025: 115 days

TP ICAP GROUP PLC LS -25 (8D7) has a Defensive Interval Ratio of 115 days as of December 2025. Defensive assets of €1.62 Billion (cash €-, short-term investments €1.31 Billion, receivables €309.00 Million) cover 115 days of daily cash needs of €14.07 Million/day.

Defensive Interval Ratio

115 days
Days of operational coverage

Defensive Assets

€1.62 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€14.07 Million
Current Liabilities ÷ 365

Current Liabilities

€5.13 Billion
EUR

TP ICAP GROUP PLC LS -25 Defensive Interval Ratio (2021–2025)

This chart shows how TP ICAP GROUP PLC LS -25's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 115 days, meaning defensive assets of €1.62 Billion can fund 115 days of operations without new revenue. For the complete balance sheet picture, see TP ICAP GROUP PLC LS -25 balance sheet assets.

Annual Defensive Interval Ratio for TP ICAP GROUP PLC LS -25 (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for TP ICAP GROUP PLC LS -25 from 2021 to 2025, covering 5 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 TP ICAP GROUP PLC LS -25 current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 115 days €1.62 Billion €14.07 Million/day €- €1.31 Billion ▲ +47 days
2024 68 days €625.00 Million €9.18 Million/day €- €331.00 Million ▼ -58 days
2023 126 days €1.06 Billion €8.45 Million/day €- €758.00 Million ▲ +5 days
2022 120 days €820.00 Million €6.82 Million/day €- €438.00 Million ▲ +21 days
2021 99 days €609.00 Million €6.14 Million/day €- €273.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)