Argan Inc (AGX) — Defensive Interval Ratio
Argan Inc (AGX) has a Defensive Interval Ratio of 344 days as of April 2026. Defensive assets of $748.52 Million (cash $-, short-term investments $617.71 Million, receivables $130.81 Million) cover 344 days of daily cash needs of $2.18 Million/day. See how liquid is Argan Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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 April 2026, the ratio stands at 344 days, meaning defensive assets of $748.52 Million can fund 344 days of operations without new revenue. See AGX net asset quality index to measure how much of total assets are equity-financed.
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 Argan Inc (AGX) market capitalisation.
| 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 | $- | $- | — |