MPLX LP (MPLX) — Defensive Interval Ratio

Latest as of September 2025: 271 days

MPLX LP (MPLX) has a Defensive Interval Ratio of 271 days as of September 2025. Defensive assets of $2.60 Billion (cash $-, short-term investments $1.03 Billion, receivables $1.57 Billion) cover 271 days of daily cash needs of $9.59 Million/day. See MPLX working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

271 days
Days of operational coverage

Defensive Assets

$2.60 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$9.59 Million
Current Liabilities ÷ 365

Current Liabilities

$3.50 Billion
USD

MPLX LP Defensive Interval Ratio (2010–2024)

This chart shows how MPLX LP's Defensive Interval Ratio has evolved across 15 annual periods from 2010 to 2024. As of September 2025, the ratio stands at 271 days, meaning defensive assets of $2.60 Billion can fund 271 days of operations without new revenue. See MPLX equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for MPLX LP (2010–2024)

The table below presents the year-by-year Defensive Interval Ratio for MPLX LP from 2010 to 2024, covering 15 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 MPLX market cap.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 174 days $1.54 Billion $8.86 Million/day $- $- ▼ -43 days
2023 217 days $1.56 Billion $7.19 Million/day $- $- ▼ -8 days
2022 225 days $1.48 Billion $6.58 Million/day $- $- ▲ +81 days
2021 143 days $1.32 Billion $9.17 Million/day $- $- ▼ -766 days
2020 910 days $5.20 Billion $5.72 Million/day $- $4.04 Billion ▲ +691 days
2019 219 days $1.28 Billion $5.84 Million/day $- $- ▲ +2 days
2018 217 days $706.00 Million $3.25 Million/day $- $- ▲ +90 days
2017 128 days $456.00 Million $3.57 Million/day $- $4.00 Million ▼ -92 days
2016 220 days $424.00 Million $1.93 Million/day $- $5.00 Million ▲ +16 days
2015 203 days $341.00 Million $1.68 Million/day $- $9.00 Million ▲ +5 days
2014 198 days $54.80 Million $276.71K/day $- $3.80 Million ▼ -99 days
2013 297 days $67.80 Million $228.49K/day $- $7.30 Million ▼ -24 days
2012 321 days $55.60 Million $173.42K/day $- $0.00 ▼ -1747 days
2011 2067 days $289.40 Million $140.00K/day $- $- ▲ +1540 days
2010 527 days $51.10 Million $96.99K/day $- $51.10 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)