Argo Pantes Tbk (ARGO) — Defensive Interval Ratio

Latest as of September 2025: 125 days

Argo Pantes Tbk (ARGO) has a Defensive Interval Ratio of 125 days as of September 2025. Defensive assets of Rp170.32 Billion (cash Rp-, short-term investments Rp7.00 Billion, receivables Rp163.32 Billion) cover 125 days of daily cash needs of Rp1.37 Billion/day.

Defensive Interval Ratio

125 days
Days of operational coverage

Defensive Assets

Rp170.32 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rp1.37 Billion
Current Liabilities ÷ 365

Current Liabilities

Rp498.96 Billion
IDR

Argo Pantes Tbk Defensive Interval Ratio (2000–2024)

This chart shows how Argo Pantes Tbk's Defensive Interval Ratio has evolved across 24 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 125 days, meaning defensive assets of Rp170.32 Billion can fund 125 days of operations without new revenue. For the complete balance sheet picture, see Argo Pantes Tbk balance sheet assets.

Annual Defensive Interval Ratio for Argo Pantes Tbk (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for Argo Pantes Tbk from 2000 to 2024, covering 24 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Argo Pantes Tbk working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (IDR) Daily Cash Need Cash ST Investments Change (days)
2024 120 days Rp161.69 Billion Rp1.35 Billion/day Rp- Rp- ▲ +35 days
2023 84 days Rp109.46 Billion Rp1.30 Billion/day Rp- Rp- ▲ +75 days
2022 9 days Rp44.72 Billion Rp4.92 Billion/day Rp- Rp- ▲ +2 days
2021 7 days Rp34.84 Billion Rp4.65 Billion/day Rp- Rp- ▼ -1 days
2020 8 days Rp46.01 Billion Rp5.42 Billion/day Rp- Rp- ▼ -1 days
2019 10 days Rp41.88 Billion Rp4.35 Billion/day Rp2.75 Billion Rp- ▼ 0 days
2018 10 days Rp43.24 Billion Rp4.42 Billion/day Rp5.00 Billion Rp0.00 ▼ -6 days
2017 16 days Rp64.01 Billion Rp4.05 Billion/day Rp11.80 Billion Rp2.46 Billion ▼ -22 days
2016 37 days Rp123.38 Billion Rp3.30 Billion/day Rp50.62 Billion Rp2.47 Billion ▼ -12196 days
2015 12234 days Rp2.52 Billion Rp205.97K/day Rp- Rp2.52 Billion ▲ +445 days
2014 11789 days Rp2.30 Billion Rp195.52K/day Rp- Rp2.30 Billion ▲ +11727 days
2013 62 days Rp157.96 Billion Rp2.55 Billion/day Rp- Rp- ▲ +5 days
2012 57 days Rp77.11 Billion Rp1.36 Billion/day Rp- Rp1.73 Billion ▼ -45 days
2011 101 days Rp80.48 Billion Rp796.62 Million/day Rp- Rp1.22 Billion ▲ +34 days
2010 67 days Rp59.43 Billion Rp888.49 Million/day Rp- Rp1.21 Billion ▼ -7 days
2009 74 days Rp57.76 Billion Rp780.71 Million/day Rp- Rp- ▲ +26 days
2008 48 days Rp91.22 Billion Rp1.90 Billion/day Rp- Rp- ▼ -21 days
2007 69 days Rp138.81 Billion Rp2.00 Billion/day Rp- Rp- ▲ +26 days
2006 43 days Rp138.57 Billion Rp3.23 Billion/day Rp- Rp- ▲ +12 days
2005 31 days Rp132.55 Billion Rp4.31 Billion/day Rp- Rp- ▲ +0 days
2004 30 days Rp116.42 Billion Rp3.82 Billion/day Rp- Rp- ▲ +2 days
2003 29 days Rp107.99 Billion Rp3.79 Billion/day Rp- Rp2.47 Billion ▲ +0 days
2002 28 days Rp110.58 Billion Rp3.88 Billion/day Rp- Rp- ▼ -2 days
2000 31 days Rp207.94 Billion Rp6.75 Billion/day Rp- Rp107.44 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)