IRPC PCL (TPIG) — Defensive Interval Ratio

Latest as of December 2025: 74 days

IRPC PCL (TPIG) has a Defensive Interval Ratio of 74 days as of December 2025. Defensive assets of €12.04 Billion (cash €-, short-term investments €-, receivables €12.04 Billion) cover 74 days of daily cash needs of €161.59 Million/day. See IRPC PCL short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

74 days
Days of operational coverage

Defensive Assets

€12.04 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€161.59 Million
Current Liabilities ÷ 365

Current Liabilities

€58.98 Billion
EUR

IRPC PCL Defensive Interval Ratio (2018–2025)

This chart shows how IRPC PCL's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 74 days, meaning defensive assets of €12.04 Billion can fund 74 days of operations without new revenue. See how leveraged is IRPC PCL's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for IRPC PCL (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for IRPC PCL from 2018 to 2025, covering 8 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 IRPC PCL market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 74 days €12.04 Billion €161.59 Million/day €- €- ▼ -15 days
2024 90 days €13.27 Billion €147.52 Million/day €- €- ▼ -7 days
2023 97 days €15.60 Billion €161.49 Million/day €- €- ▲ +8 days
2022 89 days €15.05 Billion €170.02 Million/day €- €- ▼ -17 days
2021 106 days €13.79 Billion €130.25 Million/day €- €- ▲ +26 days
2020 80 days €9.63 Billion €120.71 Million/day €- €- ▼ -1 days
2019 81 days €10.10 Billion €125.22 Million/day €- €- ▼ -10 days
2018 91 days €12.20 Billion €133.96 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)