Argen-X (0QW0) — Defensive Interval Ratio

Latest as of December 2024: 1516 days

Argen-X (0QW0) has a Defensive Interval Ratio of 1516 days as of December 2024. Defensive assets of €2.69 Billion (cash €-, short-term investments €1.81 Billion, receivables €873.09 Million) cover 1516 days of daily cash needs of €1.77 Million/day. Check Argen-X (0QW0) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1516 days
Days of operational coverage

Defensive Assets

€2.69 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€1.77 Million
Current Liabilities ÷ 365

Current Liabilities

€646.67 Million
EUR

Argen-X Defensive Interval Ratio (2010–2024)

This chart shows how Argen-X's Defensive Interval Ratio has evolved across 15 annual periods from 2010 to 2024. As of December 2024, the ratio stands at 1516 days, meaning defensive assets of €2.69 Billion can fund 1516 days of operations without new revenue. Also explore net asset momentum of Argen-X to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Argen-X (2010–2024)

The table below presents the year-by-year Defensive Interval Ratio for Argen-X from 2010 to 2024, covering 15 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 Argen-X (0QW0) total market value.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 1516 days €2.69 Billion €1.77 Million/day €- €1.81 Billion ▲ +110 days
2023 1407 days €1.63 Billion €1.16 Million/day €- €1.13 Billion ▼ -609 days
2022 2015 days €1.67 Billion €828.16K/day €- €1.39 Billion ▲ +755 days
2021 1260 days €1.04 Billion €825.31K/day €- €1.00 Billion ▲ +387 days
2020 873 days €785.73 Million €899.98K/day €- €779.65 Million ▼ -1484 days
2019 2357 days €1.16 Billion €492.32K/day €- €1.13 Billion ▼ -256 days
2018 2613 days €327.98 Million €125.53K/day €- €324.33 Million ▲ +53 days
2017 2559 days €206.24 Million €80.58K/day €- €202.64 Million ▲ +2458 days
2016 101 days €9.43 Million €93.15K/day €- €7.18 Million ▼ -242 days
2015 343 days €8.93 Million €26.01K/day €- €7.45 Million ▼ -744 days
2014 1087 days €30.53 Million €28.08K/day €- €28.93 Million ▲ +911 days
2013 176 days €2.21 Million €12.52K/day €- €690.44K ▲ +63 days
2012 114 days €1.96 Million €17.20K/day €- €1.39 Million ▲ +25 days
2011 89 days €986.33K €11.08K/day €- €- ▼ -160 days
2010 249 days €1.39 Million €5.56K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)