Morgan Advanced Materials plc (MGAM) — Defensive Interval Ratio
Morgan Advanced Materials plc (MGAM) has a Defensive Interval Ratio of 272 days as of June 2025. Defensive assets of GBX186.00 Million (cash GBX-, short-term investments GBX-, receivables GBX186.00 Million) cover 272 days of daily cash needs of GBX684.11K/day. Check Morgan Advanced Materials plc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Morgan Advanced Materials plc Defensive Interval Ratio (1985–2024)
This chart shows how Morgan Advanced Materials plc's Defensive Interval Ratio has evolved across 34 annual periods from 1985 to 2024. As of June 2025, the ratio stands at 272 days, meaning defensive assets of GBX186.00 Million can fund 272 days of operations without new revenue. Also explore how fast is Morgan Advanced Materials plc growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Morgan Advanced Materials plc (1985–2024)
The table below presents the year-by-year Defensive Interval Ratio for Morgan Advanced Materials plc from 1985 to 2024, covering 34 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 market cap of Morgan Advanced Materials plc.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 229 days | GBX164.80 Million | GBX720.82K/day | GBX- | GBX- | ▼ -20 days |
| 2023 | 249 days | GBX163.10 Million | GBX656.16K/day | GBX- | GBX2.80 Million | ▼ -12 days |
| 2022 | 261 days | GBX202.50 Million | GBX776.44K/day | GBX- | GBX- | ▲ +2 days |
| 2021 | 259 days | GBX161.40 Million | GBX624.11K/day | GBX- | GBX- | ▲ +76 days |
| 2020 | 182 days | GBX139.60 Million | GBX766.30K/day | GBX- | GBX-4.00 Million | ▼ -9 days |
| 2019 | 191 days | GBX175.30 Million | GBX917.26K/day | GBX- | GBX-5.70 Million | ▼ -48 days |
| 2018 | 239 days | GBX201.80 Million | GBX845.21K/day | GBX- | GBX- | ▼ -39 days |
| 2017 | 277 days | GBX201.10 Million | GBX725.21K/day | GBX- | GBX- | ▲ +81 days |
| 2016 | 196 days | GBX207.80 Million | GBX1.06 Million/day | GBX- | GBX2.10 Million | ▼ -119 days |
| 2015 | 315 days | GBX176.40 Million | GBX559.18K/day | GBX- | GBX2.00 Million | ▲ +33 days |
| 2014 | 282 days | GBX193.90 Million | GBX687.12K/day | GBX- | GBX- | ▲ +10 days |
| 2013 | 273 days | GBX188.20 Million | GBX690.41K/day | GBX- | GBX- | ▲ +38 days |
| 2008 | 235 days | GBX196.30 Million | GBX835.62K/day | GBX- | GBX- | ▲ +47 days |
| 2007 | 188 days | GBX139.80 Million | GBX742.74K/day | GBX- | GBX- | ▲ +24 days |
| 2004 | 164 days | GBX165.30 Million | GBX1.01 Million/day | GBX- | GBX- | ▼ -114 days |
| 2003 | 277 days | GBX192.40 Million | GBX693.42K/day | GBX- | GBX- | ▲ +424 days |
| 2002 | -147 days | GBX-79.70 Million | GBX542.47K/day | GBX- | GBX- | ▼ -411 days |
| 2001 | 265 days | GBX233.10 Million | GBX881.10K/day | GBX- | GBX21.90 Million | ▲ +53 days |
| 2000 | 212 days | GBX232.30 Million | GBX1.10 Million/day | GBX- | GBX- | ▼ -31 days |
| 1999 | 242 days | GBX215.50 Million | GBX889.86K/day | GBX- | GBX- | ▲ +24 days |
| 1998 | 218 days | GBX201.60 Million | GBX924.11K/day | GBX- | GBX- | ▼ -16 days |
| 1997 | 234 days | GBX209.40 Million | GBX895.07K/day | GBX- | GBX3.50 Million | ▼ -21 days |
| 1996 | 255 days | GBX192.80 Million | GBX756.16K/day | GBX- | GBX2.80 Million | ▲ +1 days |
| 1995 | 254 days | GBX198.10 Million | GBX778.90K/day | GBX- | GBX2.00 Million | ▼ -2 days |
| 1994 | 256 days | GBX180.00 Million | GBX702.74K/day | GBX- | GBX2.00 Million | ▲ +46 days |
| 1993 | 210 days | GBX178.80 Million | GBX850.68K/day | GBX- | GBX2.00 Million | ▼ -5 days |
| 1992 | 215 days | GBX169.90 Million | GBX791.23K/day | GBX- | GBX1.50 Million | ▼ -2 days |
| 1991 | 217 days | GBX153.30 Million | GBX706.58K/day | GBX- | GBX1.80 Million | ▼ -69 days |
| 1990 | 286 days | GBX154.50 Million | GBX540.00K/day | GBX- | GBX2.50 Million | ▲ +1 days |
| 1989 | 285 days | GBX133.50 Million | GBX468.77K/day | GBX- | GBX1.40 Million | ▼ -54 days |
| 1988 | 339 days | GBX122.50 Million | GBX361.10K/day | GBX- | GBX1.50 Million | ▲ +52 days |
| 1987 | 287 days | GBX94.90 Million | GBX330.14K/day | GBX- | GBX900.00K | ▼ -26 days |
| 1986 | 313 days | GBX72.40 Million | GBX230.96K/day | GBX- | GBX600.00K | ▲ +4 days |
| 1985 | 310 days | GBX54.10 Million | GBX174.79K/day | GBX- | GBX- | — |