More Provident Funds (MPP) — Defensive Interval Ratio

Latest as of June 2025: 510 days

More Provident Funds (MPP) has a Defensive Interval Ratio of 510 days as of June 2025. Defensive assets of ILA138.83 Million (cash ILA-, short-term investments ILA79.71 Million, receivables ILA59.12 Million) cover 510 days of daily cash needs of ILA272.28K/day. Check MPP tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

510 days
Days of operational coverage

Defensive Assets

ILA138.83 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA272.28K
Current Liabilities ÷ 365

Current Liabilities

ILA99.38 Million
ILA

More Provident Funds Defensive Interval Ratio (2019–2024)

This chart shows how More Provident Funds's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 510 days, meaning defensive assets of ILA138.83 Million can fund 510 days of operations without new revenue. Also explore MPP shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for More Provident Funds (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for More Provident Funds from 2019 to 2024, covering 6 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 how much is More Provident Funds worth.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2024 208 days ILA53.56 Million ILA257.94K/day ILA- ILA- ▼ -702 days
2023 910 days ILA171.30 Million ILA188.24K/day ILA- ILA131.87 Million ▲ +691 days
2022 219 days ILA69.61 Million ILA317.18K/day ILA- ILA38.15 Million ▲ +131 days
2021 88 days ILA18.28 Million ILA207.34K/day ILA- ILA- ▲ +32 days
2020 56 days ILA5.39 Million ILA95.91K/day ILA- ILA- ▲ +20 days
2019 37 days ILA296.00K ILA8.10K/day ILA- ILA-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)