MGM China Holdings Limited (M04) — Defensive Interval Ratio

Latest as of December 2025: 44 days

MGM China Holdings Limited (M04) has a Defensive Interval Ratio of 44 days as of December 2025. Defensive assets of €1.41 Billion (cash €-, short-term investments €-, receivables €1.41 Billion) cover 44 days of daily cash needs of €31.93 Million/day.

Defensive Interval Ratio

44 days
Days of operational coverage

Defensive Assets

€1.41 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€31.93 Million
Current Liabilities ÷ 365

Current Liabilities

€11.65 Billion
EUR

MGM China Holdings Limited Defensive Interval Ratio (2014–2025)

This chart shows how MGM China Holdings Limited's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 44 days, meaning defensive assets of €1.41 Billion can fund 44 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of MGM China Holdings Limited.

Annual Defensive Interval Ratio for MGM China Holdings Limited (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for MGM China Holdings Limited from 2014 to 2025, covering 12 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 MGM China Holdings Limited (M04) liquidity to equity ratio 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 44 days €1.41 Billion €31.93 Million/day €- €- ▲ +11 days
2024 33 days €825.16 Million €24.99 Million/day €- €- ▲ +12 days
2023 21 days €594.47 Million €28.30 Million/day €- €- ▼ -17 days
2022 38 days €239.52 Million €6.31 Million/day €- €- ▲ +6 days
2021 32 days €269.71 Million €8.53 Million/day €- €- ▼ -1 days
2020 32 days €292.04 Million €9.02 Million/day €- €- ▼ -5 days
2019 37 days €533.31 Million €14.35 Million/day €- €- ▲ +22 days
2018 15 days €324.70 Million €22.08 Million/day €- €- ▲ +11 days
2017 4 days €180.26 Million €43.00 Million/day €- €- ▼ -11 days
2016 15 days €225.40 Million €15.05 Million/day €- €- ▼ -8 days
2015 23 days €300.17 Million €13.29 Million/day €- €- ▼ -4 days
2014 27 days €428.66 Million €16.05 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)