Imperial Brands PLC (IMB) — Defensive Interval Ratio

Latest as of March 2026: 97 days

Imperial Brands PLC (IMB) has a Defensive Interval Ratio of 97 days as of March 2026. Defensive assets of GBX3.18 Billion (cash GBX-, short-term investments GBX-, receivables GBX3.18 Billion) cover 97 days of daily cash needs of GBX32.74 Million/day. See how liquid is Imperial Brands PLC's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

97 days
Days of operational coverage

Defensive Assets

GBX3.18 Billion
Cash + ST Investments + Receivables

Daily Cash Need

GBX32.74 Million
Current Liabilities ÷ 365

Current Liabilities

GBX11.95 Billion
GBX

Imperial Brands PLC Defensive Interval Ratio (1994–2025)

This chart shows how Imperial Brands PLC's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 97 days, meaning defensive assets of GBX3.18 Billion can fund 97 days of operations without new revenue. See Imperial Brands PLC balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Imperial Brands PLC (1994–2025)

The table below presents the year-by-year Defensive Interval Ratio for Imperial Brands PLC from 1994 to 2025, covering 32 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 IMB market cap.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 84 days GBX2.73 Billion GBX32.48 Million/day GBX- GBX- ▲ +5 days
2024 79 days GBX2.49 Billion GBX31.40 Million/day GBX- GBX- ▲ +4 days
2023 75 days GBX2.44 Billion GBX32.60 Million/day GBX- GBX30.00 Million ▼ -15 days
2022 89 days GBX2.73 Billion GBX30.52 Million/day GBX- GBX6.00 Million ▼ -8 days
2021 97 days GBX2.88 Billion GBX29.61 Million/day GBX- GBX60.00 Million ▲ +17 days
2020 81 days GBX2.72 Billion GBX33.77 Million/day GBX- GBX41.00 Million ▲ +3 days
2019 78 days GBX2.55 Billion GBX32.74 Million/day GBX- GBX24.00 Million ▲ +2 days
2018 76 days GBX2.34 Billion GBX30.79 Million/day GBX- GBX28.00 Million ▼ -13 days
2017 89 days GBX2.65 Billion GBX29.80 Million/day GBX- GBX47.00 Million ▼ -5 days
2016 94 days GBX2.61 Billion GBX27.74 Million/day GBX- GBX32.00 Million ▼ -3 days
2015 97 days GBX2.44 Billion GBX25.04 Million/day GBX- GBX55.00 Million ▼ -33 days
2014 130 days GBX2.76 Billion GBX21.19 Million/day GBX- GBX27.00 Million ▲ +26 days
2013 104 days GBX3.16 Billion GBX30.36 Million/day GBX- GBX245.00 Million ▼ -25 days
2012 130 days GBX3.25 Billion GBX25.05 Million/day GBX- GBX266.00 Million ▲ +24 days
2011 106 days GBX3.08 Billion GBX29.10 Million/day GBX- GBX223.00 Million ▲ +106 days
2010 0 days GBX0.00 GBX25.05 Million/day GBX- GBX243.00 Million ▲ +1 days
2009 -1 days GBX-41.00 Million GBX30.52 Million/day GBX- GBX198.00 Million ▼ -1 days
2008 0 days GBX0.00 GBX26.46 Million/day GBX- GBX97.00 Million ▲ +0 days
2007 0 days GBX0.00 GBX8.69 Million/day GBX- GBX71.00 Million ▲ +0 days
2006 0 days GBX0.00 GBX8.22 Million/day GBX- GBX29.00 Million ▼ -153 days
2005 153 days GBX1.06 Billion GBX6.90 Million/day GBX- GBX25.00 Million ▼ -2 days
2004 155 days GBX1.08 Billion GBX7.00 Million/day GBX- GBX77.00 Million ▲ +32 days
2003 123 days GBX970.00 Million GBX7.88 Million/day GBX- GBX68.00 Million ▲ +4 days
2002 120 days GBX761.00 Million GBX6.36 Million/day GBX- GBX112.00 Million ▼ -6 days
2001 126 days GBX532.00 Million GBX4.22 Million/day GBX- GBX143.00 Million ▲ +58 days
2000 68 days GBX362.00 Million GBX5.35 Million/day GBX- GBX150.00 Million ▼ -33 days
1999 101 days GBX387.00 Million GBX3.84 Million/day GBX- GBX147.00 Million ▼ -27 days
1998 127 days GBX547.00 Million GBX4.29 Million/day GBX- GBX142.00 Million ▼ -13 days
1997 141 days GBX288.00 Million GBX2.05 Million/day GBX- GBX115.00 Million ▼ -416 days
1996 556 days GBX765.00 Million GBX1.38 Million/day GBX- GBX- ▲ +163 days
1995 393 days GBX2.49 Billion GBX6.34 Million/day GBX- GBX- ▲ +44 days
1994 349 days GBX2.14 Billion GBX6.12 Million/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)