M&G plc

M&G plcverified

MNG.L

Price:

$210.1

Market Cap:

$4.96B

M&G plc, through its subsidiaries, engages in savings and investment businesses in the United Kingdom and internationally. The company operates through two segments, Asset Management, and Retail and Savings. It offers retirement, savings, and investment management solutions to its retail and institutional customers. The company also provides individual and corporate pensions, annuities, life, savings, and investment products. It serves individual savers and investors, financial advisers and paraplanners, and institutional investors. The company was formerly known as M&G Prudential PLC and changed its name to M&G plc in September 2019. M&G plc was founded in 1848 and is headquartered in Londo...[Read more]

Industry

Asset Management

IPO Date

2019-10-21

Stock Exchange

LSE

Ticker

MNG.L

The Current Ratio as of September 2024 (TTM) for M&G plc (MNG.L) is 4.23

According to M&G plc’s latest financial reports and current stock price. The company's current Current Ratio is 4.23. This represents a change of 5.62% compared to the average of 4.00 of the last 4 quarters.

M&G plc (MNG.L) Historical Current Ratio (quarterly & annually)

How has MNG.L Current Ratio performed in the past?

The mean historical Current Ratio of M&G plc over the last ten years is 9.72. The current 4.23 Current Ratio has changed 4.25% with respect to the historical average. Over the past ten years (40 quarters), MNG.L's Current Ratio was at its highest in in the December 2018 quarter at 43.97. The Current Ratio was at its lowest in in the January 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

9.72

Median

4.40

Minimum

3.29

Maximum

43.97

M&G plc (MNG.L) Current Ratio by Quarter and Year

Discovering the peaks and valleys of M&G plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 477.79%

Maximum Annual Current Ratio = 43.97

Minimum Annual Increase = -89.94%

Minimum Annual Current Ratio = 3.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.93-6.31%
20224.20-3.91%
20214.37-26.52%
20205.9534.49%
20194.42-89.94%
201843.97477.79%
20177.61131.48%

M&G plc (MNG.L) Average Current Ratio

How has MNG.L Current Ratio performed in the past?

The current Current Ratio of M&G plc (MNG.L) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.17

5-year avg

4.58

10-year avg

9.72

M&G plc (MNG.L) Current Ratio vs. Peers

How is MNG.L’s Current Ratio compared to its peers?

M&G plc’s Current Ratio is greater than Phoenix Group Holdings plc (0.15), greater than Legal & General Group Plc (0.82), greater than Prudential plc (2.27), greater than Imperial Brands PLC (0.64), less than Direct Line Insurance Group plc (11.67),

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Frequently asked questions❓

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