Argan Inc (AGX) — Defensive Interval Ratio

Latest as of January 2026: 554 days

Argan Inc (AGX) has a Defensive Interval Ratio of 554 days as of January 2026. Defensive assets of $1.07 Billion (cash $339.48 Million, short-term investments $555.50 Million, receivables $177.07 Million) cover 554 days of daily cash needs of $1.94 Million/day. Check AGX tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

554 days
Days of operational coverage

Defensive Assets

$1.07 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$1.94 Million
Current Liabilities ÷ 365

Current Liabilities

$706.50 Million
USD

Argan Inc Defensive Interval Ratio (1988–2026)

This chart shows how Argan Inc's Defensive Interval Ratio has evolved across 38 annual periods from 1988 to 2026. As of January 2026, the ratio stands at 554 days, meaning defensive assets of $1.07 Billion can fund 554 days of operations without new revenue. Also explore net asset momentum of Argan Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Argan Inc (1988–2026)

The table below presents the year-by-year Defensive Interval Ratio for Argan Inc from 1988 to 2026, covering 38 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 company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2026 554 days $1.07 Billion $1.94 Million/day $339.48 Million $555.50 Million ▼ -28 days
2025 582 days $765.28 Million $1.31 Million/day $145.26 Million $379.87 Million ▼ -53 days
2024 635 days $526.19 Million $828.11K/day $197.03 Million $215.37 Million ▼ -114 days
2023 749 days $415.69 Million $554.80K/day $173.95 Million $151.51 Million ▼ -24 days
2022 773 days $472.38 Million $611.03K/day $350.47 Million $90.03 Million ▲ +96 days
2021 677 days $512.07 Million $756.40K/day $366.67 Million $90.06 Million ▼ -333 days
2020 1010 days $398.43 Million $394.61K/day $167.36 Million $160.50 Million ▼ -725 days
2019 1735 days $391.06 Million $225.41K/day $164.32 Million $132.21 Million ▲ +1026 days
2018 709 days $474.15 Million $668.45K/day $122.11 Million $311.91 Million ▲ +105 days
2017 605 days $581.02 Million $960.89K/day $167.20 Million $355.80 Million ▲ +250 days
2016 355 days $182.36 Million $514.28K/day $- $114.10 Million ▲ +304 days
2015 50 days $29.57 Million $590.22K/day $- $0.00 ▼ -4 days
2014 54 days $24.42 Million $452.70K/day $- $0.00 ▼ -28 days
2013 82 days $26.06 Million $316.56K/day $- $0.00 ▲ +16 days
2012 66 days $18.83 Million $285.70K/day $- $0.00 ▼ -109 days
2011 175 days $15.79 Million $90.05K/day $- $1.24 Million ▼ -61 days
2010 236 days $20.63 Million $87.31K/day $- $5.00 Million ▲ +39 days
2009 198 days $29.31 Million $148.33K/day $- $10.00 Million ▲ +33 days
2008 164 days $44.88 Million $273.28K/day $- $14.40 Million ▼ -36 days
2007 200 days $37.47 Million $187.45K/day $- $2.28 Million ▼ -39 days
2006 239 days $4.48 Million $18.74K/day $- $300.00K ▼ -4 days
2005 243 days $3.67 Million $15.07K/day $- $604.00K ▼ -367 days
2004 610 days $4.52 Million $7.41K/day $- $3.00 Million ▼ -1 days
2003 611 days $1.16 Million $1.90K/day $- $- ▲ +338 days
2002 273 days $1.09 Million $3.98K/day $- $- ▼ -124 days
2001 397 days $1.70 Million $4.28K/day $- $- ▼ -32 days
2000 429 days $1.59 Million $3.70K/day $- $- ▲ +0 days
1999 429 days $1.75 Million $4.08K/day $- $- ▼ -120 days
1998 549 days $1.60 Million $2.92K/day $- $- ▼ -356 days
1997 905 days $1.50 Million $1.66K/day $- $- ▲ +704 days
1996 202 days $1.59 Million $7.89K/day $- $- ▲ +83 days
1994 119 days $1.60 Million $13.42K/day $- $- ▲ +10 days
1993 110 days $1.80 Million $16.44K/day $- $- ▼ -193 days
1992 302 days $2.90 Million $9.59K/day $- $- ▲ +6 days
1991 297 days $2.60 Million $8.77K/day $- $- ▲ +8 days
1990 288 days $1.50 Million $5.21K/day $- $- ▲ +60 days
1989 228 days $1.50 Million $6.58K/day $- $- ▼ -15 days
1988 243 days $1.80 Million $7.40K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)