AGX Group Berhad (0299) — Defensive Interval Ratio

Latest as of August 2024: 721 days

AGX Group Berhad (0299) has a Defensive Interval Ratio of 721 days as of August 2024. Defensive assets of RM69.43 Million (cash RM-, short-term investments RM11.66 Million, receivables RM57.77 Million) cover 721 days of daily cash needs of RM96.35K/day. Check how tangible is AGX Group Berhad's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

721 days
Days of operational coverage

Defensive Assets

RM69.43 Million
Cash + ST Investments + Receivables

Daily Cash Need

RM96.35K
Current Liabilities ÷ 365

Current Liabilities

RM35.17 Million
MYR

AGX Group Berhad Defensive Interval Ratio (2020–2022)

This chart shows how AGX Group Berhad's Defensive Interval Ratio has evolved across 3 annual periods from 2020 to 2022. As of August 2024, the ratio stands at 721 days, meaning defensive assets of RM69.43 Million can fund 721 days of operations without new revenue. Also explore 0299 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for AGX Group Berhad (2020–2022)

The table below presents the year-by-year Defensive Interval Ratio for AGX Group Berhad from 2020 to 2022, covering 3 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 AGX Group Berhad market cap and net worth.

Year DIR (days) Defensive Assets (MYR) Daily Cash Need Cash ST Investments Change (days)
2022 374 days RM38.95 Million RM104.28K/day RM- RM81.20K ▼ -45 days
2021 418 days RM52.24 Million RM124.85K/day RM- RM75.99K ▲ +173 days
2020 246 days RM41.20 Million RM167.77K/day RM- RM74.76K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)