Manchester and London Investment Trust plc (MNL) — Defensive Interval Ratio

Latest as of January 2026: 614 days

Manchester and London Investment Trust plc (MNL) has a Defensive Interval Ratio of 614 days as of January 2026. Defensive assets of GBX3.31 Million (cash GBX-, short-term investments GBX-, receivables GBX3.31 Million) cover 614 days of daily cash needs of GBX5.39K/day.

Defensive Interval Ratio

614 days
Days of operational coverage

Defensive Assets

GBX3.31 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX5.39K
Current Liabilities ÷ 365

Current Liabilities

GBX1.97 Million
GBX

Manchester and London Investment Trust plc Defensive Interval Ratio (2004–2025)

This chart shows how Manchester and London Investment Trust plc's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of January 2026, the ratio stands at 614 days, meaning defensive assets of GBX3.31 Million can fund 614 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Manchester and London Investment Trust p.

Annual Defensive Interval Ratio for Manchester and London Investment Trust plc (2004–2025)

The table below presents the year-by-year Defensive Interval Ratio for Manchester and London Investment Trust plc from 2004 to 2025, covering 22 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 MNL 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 9 days GBX189.00K GBX21.28K/day GBX- GBX- ▼ -5 days
2024 14 days GBX147.00K GBX10.26K/day GBX- GBX- ▼ -6 days
2023 21 days GBX111.00K GBX5.33K/day GBX- GBX- ▼ -744 days
2022 764 days GBX36.39 Million GBX47.61K/day GBX- GBX- ▼ -104880 days
2021 105644 days GBX80.17 Million GBX758.90/day GBX- GBX- ▲ +105644 days
2020 0 days GBX11.00K GBX73.49K/day GBX- GBX- ▼ -27 days
2019 27 days GBX19.00K GBX693.15/day GBX- GBX- ▲ +24 days
2018 3 days GBX3.00K GBX895.89/day GBX- GBX- ▼ -18558 days
2017 18561 days GBX4.47 Million GBX241.10/day GBX- GBX- ▲ +18541 days
2016 20 days GBX11.00K GBX542.47/day GBX- GBX- ▼ -17 days
2015 37 days GBX16.00K GBX427.40/day GBX- GBX- ▼ -194 days
2014 232 days GBX61.00K GBX263.01/day GBX- GBX- ▼ -439 days
2013 671 days GBX182.00K GBX271.23/day GBX- GBX- ▼ -71300 days
2012 71971 days GBX34.70 Million GBX482.19/day GBX- GBX34.64 Million ▲ +71968 days
2011 3 days GBX186.00K GBX63.10K/day GBX- GBX- ▼ -382 days
2010 385 days GBX4.73 Million GBX12.29K/day GBX- GBX- ▼ -52 days
2009 437 days GBX4.98 Million GBX11.39K/day GBX- GBX- ▼ -880 days
2008 1317 days GBX812.00K GBX616.44/day GBX- GBX- ▲ +1264 days
2007 53 days GBX108.00K GBX2.02K/day GBX- GBX- ▼ -412 days
2006 466 days GBX111.00K GBX238.36/day GBX- GBX- ▲ +298 days
2005 168 days GBX64.00K GBX380.82/day GBX- GBX- ▲ +125 days
2004 43 days GBX75.00K GBX1.75K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)