M&G Plc (MNG) — Defensive Interval Ratio
M&G Plc (MNG) has a Defensive Interval Ratio of 370 days as of December 2024. Defensive assets of GBX2.51 Billion (cash GBX-, short-term investments GBX-, receivables GBX2.51 Billion) cover 370 days of daily cash needs of GBX6.77 Million/day. See M&G Plc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
M&G Plc Defensive Interval Ratio (2016–2024)
This chart shows how M&G Plc's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 370 days, meaning defensive assets of GBX2.51 Billion can fund 370 days of operations without new revenue. See M&G Plc balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for M&G Plc (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for M&G Plc from 2016 to 2024, covering 9 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 M&G Plc stock valuation.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 143 days | GBX2.51 Billion | GBX17.55 Million/day | GBX- | GBX- | ▼ -926 days |
| 2023 | 1069 days | GBX20.55 Billion | GBX19.22 Million/day | GBX- | GBX18.02 Billion | ▼ -77 days |
| 2022 | 1146 days | GBX24.25 Billion | GBX21.17 Million/day | GBX- | GBX24.25 Billion | ▲ +78 days |
| 2021 | 1067 days | GBX21.38 Billion | GBX20.03 Million/day | GBX- | GBX21.01 Billion | ▼ -565 days |
| 2020 | 1633 days | GBX25.34 Billion | GBX15.52 Million/day | GBX- | GBX23.33 Billion | ▲ +468 days |
| 2019 | 1165 days | GBX19.95 Billion | GBX17.13 Million/day | GBX- | GBX18.18 Billion | ▼ -3736 days |
| 2018 | 4901 days | GBX17.85 Billion | GBX3.64 Million/day | GBX- | GBX14.64 Billion | ▲ +2949 days |
| 2017 | 1952 days | GBX5.17 Billion | GBX2.65 Million/day | GBX- | GBX2.95 Billion | ▲ +668 days |
| 2016 | 1284 days | GBX5.41 Billion | GBX4.21 Million/day | GBX- | GBX2.93 Billion | — |