Argent (ART) — Defensive Interval Ratio
Argent (ART) has a Defensive Interval Ratio of 241 days as of September 2025. Defensive assets of ZAC475.10 Million (cash ZAC-, short-term investments ZAC-, receivables ZAC475.10 Million) cover 241 days of daily cash needs of ZAC1.97 Million/day. See how liquid is Argent's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Argent Defensive Interval Ratio (2005–2025)
This chart shows how Argent's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 241 days, meaning defensive assets of ZAC475.10 Million can fund 241 days of operations without new revenue. See debt-free asset ratio of Argent to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Argent (2005–2025)
The table below presents the year-by-year Defensive Interval Ratio for Argent from 2005 to 2025, covering 21 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 Argent market capitalisation.
| Year | DIR (days) | Defensive Assets (ZAC) | Daily Cash Need | Cash | ST Investments | Change (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- | — |