MP Materials Corp (MP) — Defensive Interval Ratio

Latest as of September 2025: 2631 days

MP Materials Corp (MP) has a Defensive Interval Ratio of 2631 days as of September 2025. Defensive assets of $1.95 Billion (cash $1.14 Billion, short-term investments $793.22 Million, receivables $14.79 Million) cover 2631 days of daily cash needs of $740.21K/day. Check MP tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2631 days
Days of operational coverage

Defensive Assets

$1.95 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$740.21K
Current Liabilities ÷ 365

Current Liabilities

$270.18 Million
USD

MP Materials Corp Defensive Interval Ratio (2018–2024)

This chart shows how MP Materials Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 2631 days, meaning defensive assets of $1.95 Billion can fund 2631 days of operations without new revenue. Also explore MP Materials Corp net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for MP Materials Corp (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for MP Materials Corp from 2018 to 2024, covering 7 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 MP Materials Corp market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 2028 days $911.32 Million $449.37K/day $280.55 Million $568.43 Million ▼ -1419 days
2023 3447 days $1.03 Billion $297.40K/day $260.56 Million $734.49 Million ▼ -1075 days
2022 4522 days $1.21 Billion $267.07K/day $129.25 Million $1.05 Billion ▼ -3019 days
2021 7542 days $1.23 Billion $163.13K/day $1.18 Billion $0.00 ▲ +3107 days
2020 4435 days $523.24 Million $117.98K/day $519.65 Million $- ▲ +4399 days
2019 36 days $3.13 Million $85.79K/day $2.76 Million $- ▲ +33 days
2018 4 days $225.00K $63.14K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)