Argent Minerals Ltd (ARD) — Defensive Interval Ratio
Argent Minerals Ltd (ARD) has a Defensive Interval Ratio of 5301 days as of December 2025. Defensive assets of AU$4.87 Million (cash AU$4.38 Million, short-term investments AU$427.50K, receivables AU$62.49K) cover 5301 days of daily cash needs of AU$918.32/day. Check tangible net worth ratio of Argent Minerals Ltd to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Argent Minerals Ltd Defensive Interval Ratio (2008–2025)
This chart shows how Argent Minerals Ltd's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 5301 days, meaning defensive assets of AU$4.87 Million can fund 5301 days of operations without new revenue. Also explore Argent Minerals Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Argent Minerals Ltd (2008–2025)
The table below presents the year-by-year Defensive Interval Ratio for Argent Minerals Ltd from 2008 to 2025, covering 18 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 market value of Argent Minerals Ltd.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 2142 days | AU$1.41 Million | AU$657.70/day | AU$1.11 Million | AU$262.50K | ▼ -5632 days |
| 2024 | 7774 days | AU$3.45 Million | AU$443.96/day | AU$3.15 Million | AU$240.00K | ▲ +3369 days |
| 2023 | 4404 days | AU$2.53 Million | AU$574.34/day | AU$1.98 Million | AU$420.00K | ▲ +2674 days |
| 2022 | 1730 days | AU$2.79 Million | AU$1.61K/day | AU$1.79 Million | AU$930.00K | ▲ +310 days |
| 2021 | 1420 days | AU$4.69 Million | AU$3.30K/day | AU$3.75 Million | AU$930.00K | ▲ +1049 days |
| 2020 | 371 days | AU$1.97 Million | AU$5.29K/day | AU$1.96 Million | AU$- | ▲ +201 days |
| 2019 | 170 days | AU$745.49K | AU$4.39K/day | AU$725.93K | AU$- | ▼ -2603 days |
| 2018 | 2773 days | AU$1.65 Million | AU$594.83/day | AU$1.65 Million | AU$- | ▼ -1426 days |
| 2017 | 4199 days | AU$2.05 Million | AU$487.42/day | AU$2.03 Million | AU$- | ▲ +3733 days |
| 2016 | 466 days | AU$648.76K | AU$1.39K/day | AU$648.76K | AU$- | ▲ +443 days |
| 2015 | 22 days | AU$14.61K | AU$650.68/day | AU$- | AU$- | ▼ -32 days |
| 2014 | 54 days | AU$20.95K | AU$387.75/day | AU$- | AU$200.00 | ▼ -2 days |
| 2013 | 56 days | AU$63.39K | AU$1.13K/day | AU$- | AU$200.00 | ▼ -193 days |
| 2012 | 249 days | AU$254.86K | AU$1.02K/day | AU$- | AU$- | ▼ -585 days |
| 2011 | 835 days | AU$5.83 Million | AU$6.99K/day | AU$- | AU$- | ▲ +770 days |
| 2010 | 65 days | AU$27.74K | AU$425.04/day | AU$- | AU$- | ▼ -52 days |
| 2009 | 117 days | AU$39.81K | AU$340.78/day | AU$- | AU$- | ▼ -73 days |
| 2008 | 190 days | AU$51.00K | AU$268.49/day | AU$- | AU$- | — |