M&G Plc (MNG) — Defensive Interval Ratio

Latest as of December 2025: 130 days

M&G Plc (MNG) has a Defensive Interval Ratio of 130 days as of December 2025. Defensive assets of GBX1.12 Billion (cash GBX-, short-term investments GBX-, receivables GBX1.12 Billion) cover 130 days of daily cash needs of GBX8.57 Million/day.

Defensive Interval Ratio

130 days
Days of operational coverage

Defensive Assets

GBX1.12 Billion
Cash + ST Investments + Receivables

Daily Cash Need

GBX8.57 Million
Current Liabilities ÷ 365

Current Liabilities

GBX3.13 Billion
GBX

M&G Plc Defensive Interval Ratio (2016–2025)

This chart shows how M&G Plc's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 130 days, meaning defensive assets of GBX1.12 Billion can fund 130 days of operations without new revenue. For the complete balance sheet picture, see M&G Plc balance sheet assets.

Annual Defensive Interval Ratio for M&G Plc (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for M&G Plc from 2016 to 2025, 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. See MNG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 130 days GBX1.12 Billion GBX8.57 Million/day GBX- GBX- ▼ -13 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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)