Argen-X (1AE) — Defensive Interval Ratio

Latest as of December 2025: 674 days

Argen-X (1AE) has a Defensive Interval Ratio of 674 days as of December 2025. Defensive assets of €2.44 Billion (cash €-, short-term investments €948.75 Million, receivables €1.49 Billion) cover 674 days of daily cash needs of €3.62 Million/day. See Argen-X (1AE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

674 days
Days of operational coverage

Defensive Assets

€2.44 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€3.62 Million
Current Liabilities ÷ 365

Current Liabilities

€1.32 Billion
EUR

Argen-X Defensive Interval Ratio (2016–2025)

This chart shows how Argen-X's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 674 days, meaning defensive assets of €2.44 Billion can fund 674 days of operations without new revenue. See 1AE equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Argen-X (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Argen-X from 2016 to 2025, covering 10 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 Argen-X market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 674 days €2.44 Billion €3.62 Million/day €- €948.75 Million ▼ -795 days
2024 1469 days €2.70 Billion €1.84 Million/day €- €1.88 Billion ▲ +133 days
2023 1337 days €1.55 Billion €1.16 Million/day €- €1.13 Billion ▼ -635 days
2022 1972 days €1.63 Billion €828.16K/day €- €1.39 Billion ▲ +724 days
2021 1248 days €1.03 Billion €825.31K/day €- €1.00 Billion ▲ +542 days
2020 706 days €635.65 Million €899.98K/day €- €635.36 Million ▼ -1399 days
2019 2105 days €1.04 Billion €492.32K/day €- €1.00 Billion ▼ -507 days
2018 2613 days €286.72 Million €109.74K/day €- €283.53 Million ▲ +53 days
2017 2559 days €171.91 Million €67.17K/day €- €168.91 Million ▲ +2458 days
2016 101 days €8.96 Million €88.57K/day €- €6.83 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)