Ninety One PLC (N91) — Defensive Interval Ratio

Latest as of March 2026: 361 days

Ninety One PLC (N91) has a Defensive Interval Ratio of 361 days as of March 2026. Defensive assets of ZAC13.84 Billion (cash ZAC-, short-term investments ZAC13.66 Billion, receivables ZAC178.60 Million) cover 361 days of daily cash needs of ZAC38.28 Million/day. See N91 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

361 days
Days of operational coverage

Defensive Assets

ZAC13.84 Billion
Cash + ST Investments + Receivables

Daily Cash Need

ZAC38.28 Million
Current Liabilities ÷ 365

Current Liabilities

ZAC13.97 Billion
ZAC

Ninety One PLC Defensive Interval Ratio (2017–2026)

This chart shows how Ninety One PLC's Defensive Interval Ratio has evolved across 10 annual periods from 2017 to 2026. As of March 2026, the ratio stands at 361 days, meaning defensive assets of ZAC13.84 Billion can fund 361 days of operations without new revenue. See Ninety One PLC net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Ninety One PLC (2017–2026)

The table below presents the year-by-year Defensive Interval Ratio for Ninety One PLC from 2017 to 2026, covering 10 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 Ninety One PLC market cap and net worth.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2026 361 days ZAC13.84 Billion ZAC38.28 Million/day ZAC- ZAC13.66 Billion ▲ +0 days
2025 361 days ZAC11.56 Billion ZAC32.02 Million/day ZAC- ZAC11.41 Billion ▲ +1 days
2024 360 days ZAC10.46 Billion ZAC29.03 Million/day ZAC- ZAC10.30 Billion ▼ -1 days
2023 362 days ZAC10.22 Billion ZAC28.25 Million/day ZAC- ZAC9.96 Billion ▲ +1 days
2022 360 days ZAC11.04 Billion ZAC30.63 Million/day ZAC- ZAC10.77 Billion ▲ +1 days
2021 359 days ZAC9.32 Billion ZAC25.96 Million/day ZAC- ZAC9.06 Billion ▼ -2 days
2020 361 days ZAC7.27 Billion ZAC20.15 Million/day ZAC- ZAC7.02 Billion ▼ -2 days
2019 363 days ZAC8.49 Billion ZAC23.42 Million/day ZAC- ZAC8.25 Billion ▼ 0 days
2018 363 days ZAC8.72 Billion ZAC24.06 Million/day ZAC- ZAC8.50 Billion ▼ -1 days
2017 364 days ZAC7.98 Billion ZAC21.95 Million/day ZAC- ZAC7.75 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)