More Provident Funds (MPP) — Defensive Interval Ratio
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. See working capital position of More Provident Funds to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See MPP net asset quality score to measure how much of total assets are equity-financed.
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 MPP market cap.
| 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- | — |