argenx NV ADR (ARGX) — Defensive Interval Ratio
argenx NV ADR (ARGX) has a Defensive Interval Ratio of 821 days as of June 2026. Defensive assets of $3.54 Billion (cash $-, short-term investments $1.60 Billion, receivables $1.94 Billion) cover 821 days of daily cash needs of $4.32 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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 June 2026, the ratio stands at 821 days, meaning defensive assets of $3.54 Billion can fund 821 days of operations without new revenue. For the complete balance sheet picture, see ARGX asset base.
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. See ARGX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| 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 | ▼ -1464 days |
| 2019 | 2338 days | $1.15 Billion | $492.32K/day | $- | $1.13 Billion | ▼ -274 days |
| 2018 | 2613 days | $327.98 Million | $125.53K/day | $- | $324.33 Million | ▲ +60 days |
| 2017 | 2553 days | $205.72 Million | $80.58K/day | $- | $202.64 Million | ▲ +2464 days |
| 2016 | 89 days | $8.30 Million | $93.15K/day | $- | $7.18 Million | ▼ -202 days |
| 2015 | 291 days | $7.53 Million | $25.85K/day | $- | $6.81 Million | ▼ -796 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 | ▲ +90 days |
| 2012 | 86 days | $1.48 Million | $17.20K/day | $- | $1.39 Million | ▲ +31 days |
| 2011 | 55 days | $613.12K | $11.08K/day | $- | $- | ▼ -194 days |
| 2010 | 249 days | $1.39 Million | $5.56K/day | $- | $- | — |