M&G Plc (MNG) — Defensive Interval Ratio

Latest as of December 2024: 370 days

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. Check M&G Plc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

370 days
Days of operational coverage

Defensive Assets

GBX2.51 Billion
Cash + ST Investments + Receivables

Daily Cash Need

GBX6.77 Million
Current Liabilities ÷ 365

Current Liabilities

GBX2.47 Billion
GBX

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. Also explore M&G Plc equity growth rate to track the company's year-over-year net asset growth rate.

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 MNG stock market capitalisation.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)