Argan SA (ARG) — Defensive Interval Ratio

Latest as of December 2025: 40 days

Argan SA (ARG) has a Defensive Interval Ratio of 40 days as of December 2025. Defensive assets of €73.72 Million (cash €-, short-term investments €401.00K, receivables €73.32 Million) cover 40 days of daily cash needs of €1.87 Million/day. Check ARG tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

40 days
Days of operational coverage

Defensive Assets

€73.72 Million
Cash + ST Investments + Receivables

Daily Cash Need

€1.87 Million
Current Liabilities ÷ 365

Current Liabilities

€681.13 Million
EUR

Argan SA Defensive Interval Ratio (2011–2025)

This chart shows how Argan SA's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 40 days, meaning defensive assets of €73.72 Million can fund 40 days of operations without new revenue. Also explore ARG net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Argan SA (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Argan SA from 2011 to 2025, covering 15 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 how much is Argan SA worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 40 days €73.72 Million €1.87 Million/day €- €401.00K ▼ -75 days
2024 114 days €63.99 Million €559.41K/day €- €- ▲ +65 days
2023 50 days €38.60 Million €778.73K/day €- €- ▲ +1 days
2022 48 days €46.88 Million €966.68K/day €- €- ▲ +30 days
2021 19 days €23.81 Million €1.28 Million/day €- €- ▼ -114 days
2020 133 days €83.54 Million €628.70K/day €- €- ▲ +115 days
2019 18 days €40.64 Million €2.21 Million/day €- €- ▼ -33 days
2018 52 days €17.31 Million €334.62K/day €- €- ▼ -137 days
2017 189 days €84.46 Million €447.13K/day €- €50.00 Million ▲ +114 days
2016 75 days €18.98 Million €254.10K/day €- €- ▲ +17 days
2015 58 days €20.72 Million €356.69K/day €- €- ▼ -51 days
2014 109 days €21.19 Million €194.16K/day €- €- ▼ -51 days
2013 160 days €32.86 Million €205.11K/day €- €- ▲ +42 days
2012 118 days €27.46 Million €232.27K/day €- €- ▼ -19 days
2011 137 days €24.03 Million €175.53K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)