ARGO GOLD INC. (P3U) — Defensive Interval Ratio
ARGO GOLD INC. (P3U) has a Defensive Interval Ratio of 23 days as of September 2025. Defensive assets of €106.23K (cash €-, short-term investments €0.00, receivables €106.23K) cover 23 days of daily cash needs of €4.59K/day. See ARGO GOLD INC. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
ARGO GOLD INC. Defensive Interval Ratio (2021–2024)
This chart shows how ARGO GOLD INC.'s Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 23 days, meaning defensive assets of €106.23K can fund 23 days of operations without new revenue. See P3U equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for ARGO GOLD INC. (2021–2024)
The table below presents the year-by-year Defensive Interval Ratio for ARGO GOLD INC. from 2021 to 2024, covering 4 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 P3U market cap.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 43 days | €203.51K | €4.77K/day | €- | €- | ▲ +10 days |
| 2023 | 33 days | €159.32K | €4.84K/day | €- | €0.00 | ▼ -27 days |
| 2022 | 60 days | €78.27K | €1.31K/day | €- | €78.27K | ▼ -1450 days |
| 2021 | 1510 days | €327.50K | €216.87/day | €- | €327.50K | — |