Argent (ART) — Defensive Interval Ratio
Argent (ART) has a Defensive Interval Ratio of 236 days as of March 2026. Defensive assets of ZAC430.91 Million (cash ZAC-, short-term investments ZAC-, receivables ZAC430.91 Million) cover 236 days of daily cash needs of ZAC1.83 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Argent Defensive Interval Ratio (2005–2026)
This chart shows how Argent's Defensive Interval Ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 236 days, meaning defensive assets of ZAC430.91 Million can fund 236 days of operations without new revenue. For the complete balance sheet picture, see ART total asset value.
Annual Defensive Interval Ratio for Argent (2005–2026)
The table below presents the year-by-year Defensive Interval Ratio for Argent from 2005 to 2026, covering 22 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 Argent current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (ZAC) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 236 days | ZAC430.91 Million | ZAC1.83 Million/day | ZAC- | ZAC- | ▲ +11 days |
| 2025 | 224 days | ZAC462.59 Million | ZAC2.06 Million/day | ZAC- | ZAC- | ▼ -27 days |
| 2024 | 251 days | ZAC450.36 Million | ZAC1.79 Million/day | ZAC- | ZAC1.73 Million | ▼ -57 days |
| 2023 | 308 days | ZAC413.87 Million | ZAC1.34 Million/day | ZAC- | ZAC1.80 Million | ▲ +20 days |
| 2022 | 288 days | ZAC411.25 Million | ZAC1.43 Million/day | ZAC- | ZAC916.00K | ▼ -58 days |
| 2021 | 346 days | ZAC336.65 Million | ZAC973.60K/day | ZAC- | ZAC1.38 Million | ▼ -114 days |
| 2020 | 460 days | ZAC299.11 Million | ZAC650.39K/day | ZAC- | ZAC3.82 Million | ▲ +73 days |
| 2019 | 387 days | ZAC309.51 Million | ZAC800.20K/day | ZAC- | ZAC2.60 Million | ▲ +15 days |
| 2018 | 372 days | ZAC312.67 Million | ZAC840.60K/day | ZAC- | ZAC5.41 Million | ▲ +31 days |
| 2017 | 341 days | ZAC344.27 Million | ZAC1.01 Million/day | ZAC- | ZAC4.98 Million | ▲ +8 days |
| 2016 | 334 days | ZAC269.25 Million | ZAC807.34K/day | ZAC- | ZAC- | ▲ +69 days |
| 2015 | 264 days | ZAC312.56 Million | ZAC1.18 Million/day | ZAC- | ZAC- | ▼ -14 days |
| 2014 | 278 days | ZAC338.88 Million | ZAC1.22 Million/day | ZAC- | ZAC- | ▲ +17 days |
| 2013 | 261 days | ZAC369.52 Million | ZAC1.41 Million/day | ZAC- | ZAC- | ▼ -9 days |
| 2012 | 270 days | ZAC346.23 Million | ZAC1.28 Million/day | ZAC- | ZAC- | ▼ -9 days |
| 2011 | 278 days | ZAC355.10 Million | ZAC1.28 Million/day | ZAC- | ZAC- | ▲ +41 days |
| 2010 | 238 days | ZAC297.96 Million | ZAC1.25 Million/day | ZAC- | ZAC- | ▼ -117 days |
| 2009 | 355 days | ZAC361.21 Million | ZAC1.02 Million/day | ZAC- | ZAC- | ▲ +14 days |
| 2008 | 341 days | ZAC408.82 Million | ZAC1.20 Million/day | ZAC- | ZAC- | ▲ +24 days |
| 2007 | 316 days | ZAC287.74 Million | ZAC909.37K/day | ZAC- | ZAC- | ▼ -10 days |
| 2006 | 326 days | ZAC210.96 Million | ZAC647.23K/day | ZAC- | ZAC- | ▲ +11 days |
| 2005 | 315 days | ZAC165.45 Million | ZAC525.73K/day | ZAC- | ZAC- | — |