argenx NV ADR (ARGX) — Defensive Interval Ratio

Latest as of December 2025: 720 days

argenx NV ADR (ARGX) has a Defensive Interval Ratio of 720 days as of December 2025. Defensive assets of $2.61 Billion (cash $-, short-term investments $948.75 Million, receivables $1.66 Billion) cover 720 days of daily cash needs of $3.62 Million/day. Check tangible equity quality of argenx NV ADR to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

720 days
Days of operational coverage

Defensive Assets

$2.61 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$3.62 Million
Current Liabilities ÷ 365

Current Liabilities

$1.32 Billion
USD

argenx NV ADR Defensive Interval Ratio (2010–2025)

This chart shows how argenx NV ADR's Defensive Interval Ratio has evolved across 16 annual periods from 2010 to 2025. As of December 2025, the ratio stands at 720 days, meaning defensive assets of $2.61 Billion can fund 720 days of operations without new revenue. Also explore ARGX net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for argenx NV ADR (2010–2025)

The table below presents the year-by-year Defensive Interval Ratio for argenx NV ADR from 2010 to 2025, covering 16 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 ARGX company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 720 days $2.61 Billion $3.62 Million/day $- $948.75 Million ▼ -799 days
2024 1519 days $2.79 Billion $1.84 Million/day $- $1.88 Billion ▲ +112 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 ▲ +386 days
2020 875 days $787.09 Million $899.98K/day $- $779.65 Million ▼ -1491 days
2019 2366 days $1.16 Billion $492.32K/day $- $1.13 Billion ▼ -247 days
2018 2613 days $327.98 Million $125.53K/day $- $324.33 Million ▲ +88 days
2017 2525 days $203.48 Million $80.58K/day $- $202.64 Million ▲ +2436 days
2016 89 days $8.30 Million $93.15K/day $- $7.18 Million ▼ -227 days
2015 316 days $8.17 Million $25.85K/day $- $7.45 Million ▼ -771 days
2014 1087 days $30.53 Million $28.08K/day $- $28.93 Million ▲ +911 days
2013 177 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)