Argentex Group PLC (AGFX) — Defensive Interval Ratio
Argentex Group PLC (AGFX) has a Defensive Interval Ratio of 3 days as of June 2023. Defensive assets of GBX500.00K (cash GBX-, short-term investments GBX-, receivables GBX500.00K) cover 3 days of daily cash needs of GBX160.00K/day. See AGFX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Argentex Group PLC Defensive Interval Ratio (2017–2022)
This chart shows how Argentex Group PLC's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 3 days, meaning defensive assets of GBX500.00K can fund 3 days of operations without new revenue. See AGFX equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Argentex Group PLC (2017–2022)
The table below presents the year-by-year Defensive Interval Ratio for Argentex Group PLC from 2017 to 2022, covering 6 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 market cap of Argentex Group PLC.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 1 days | GBX100.00K | GBX152.88K/day | GBX- | GBX- | ▼ 0 days |
| 2021 | 1 days | GBX100.00K | GBX103.56K/day | GBX- | GBX- | ▲ +0 days |
| 2020 | 1 days | GBX100.00K | GBX129.93K/day | GBX- | GBX- | ▼ 0 days |
| 2019 | 1 days | GBX49.70K | GBX44.68K/day | GBX- | GBX- | ▲ +0 days |
| 2018 | 1 days | GBX39.86K | GBX59.37K/day | GBX- | GBX- | ▼ -1 days |
| 2017 | 1 days | GBX67.96K | GBX52.39K/day | GBX- | GBX- | — |