Argan Net Cash Flow from Financing vs Net Cash Flow from Investing Analysis

AGX Stock  USD 50.35  0.50  1.00%   
Trend analysis of Argan Inc balance sheet accounts such as Short Long Term Debt Total of 2.7 M, Other Current Liabilities of 58.3 M or Total Current Liabilities of 244.5 M provides information on Argan's total assets, liabilities, and equity, which is the actual value of Argan Inc to its prevalent stockholders. By breaking down trends over time using Argan balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argan Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

About Argan Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Argan Inc at a specified time, usually calculated after every quarter, six months, or one year. Argan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Argan and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Argan currently owns. An asset can also be divided into two categories, current and non-current.

Argan Balance Sheet Chart

Argan Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Argan Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Argan's Cash And Short Term Investments are fairly stable compared to the past year. Net Receivables is likely to rise to about 90.5 M in 2024, despite the fact that Net Debt is likely to grow to (147.4 M).

Total Assets

Total assets refers to the total amount of Argan assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Argan Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Argan balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Argan Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Argan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argan Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argan Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Argan's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 11.9 M in 2024, despite the fact that Discontinued Operations is likely to grow to (243.7 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses47.3M44.7M51.4M54.0M
Cost Of Revenue409.6M368.7M424.0M445.2M

Argan fundamental ratios Correlations

0.010.50.850.920.79-0.390.850.460.880.280.970.750.790.170.350.630.860.811.00.150.640.820.70.70.57
0.010.04-0.020.03-0.1-0.25-0.010.27-0.12-0.240.09-0.29-0.05-0.03-0.30.07-0.02-0.10.020.080.05-0.16-0.24-0.24-0.02
0.50.040.420.460.42-0.130.470.210.510.50.430.390.510.020.490.190.430.430.490.240.620.420.420.420.19
0.85-0.020.420.580.45-0.470.50.520.590.20.920.420.66-0.260.310.471.00.480.870.040.360.810.580.580.88
0.920.030.460.580.89-0.270.950.330.920.270.820.850.740.460.290.640.580.90.90.180.710.670.660.660.23
0.79-0.10.420.450.89-0.210.860.280.90.320.660.780.610.350.30.530.461.00.760.460.770.480.540.540.13
-0.39-0.25-0.13-0.47-0.27-0.21-0.09-0.98-0.140.23-0.520.14-0.540.060.32-0.58-0.46-0.22-0.41-0.07-0.17-0.01-0.54-0.54-0.65
0.85-0.010.470.50.950.86-0.090.190.860.520.720.880.590.470.520.370.510.870.840.320.830.640.50.50.09
0.460.270.210.520.330.28-0.980.190.2-0.070.57-0.060.59-0.06-0.170.520.520.30.480.130.30.050.540.540.64
0.88-0.120.510.590.920.9-0.140.860.20.290.750.890.760.320.370.610.590.910.850.140.640.690.670.670.25
0.28-0.240.50.20.270.320.230.52-0.070.290.140.450.180.030.96-0.460.220.340.280.420.740.250.060.06-0.11
0.970.090.430.920.820.66-0.520.720.570.750.140.580.760.040.20.670.920.680.980.090.50.810.680.680.73
0.75-0.290.390.420.850.780.140.88-0.060.890.450.580.590.440.550.360.430.790.730.050.610.70.50.50.01
0.79-0.050.510.660.740.61-0.540.590.590.760.180.760.590.160.210.720.660.620.78-0.20.440.580.880.880.51
0.17-0.030.02-0.260.460.350.060.47-0.060.320.030.040.440.16-0.040.22-0.250.370.15-0.110.290.010.150.15-0.45
0.35-0.30.490.310.290.30.320.52-0.170.370.960.20.550.21-0.04-0.420.320.330.340.280.650.420.090.09-0.03
0.630.070.190.470.640.53-0.580.370.520.61-0.460.670.360.720.22-0.420.460.520.62-0.220.070.420.770.770.47
0.86-0.020.431.00.580.46-0.460.510.520.590.220.920.430.66-0.250.320.460.490.870.060.380.810.570.570.87
0.81-0.10.430.480.91.0-0.220.870.30.910.340.680.790.620.370.330.520.490.780.450.780.510.550.550.15
1.00.020.490.870.90.76-0.410.840.480.850.280.980.730.780.150.340.620.870.780.150.630.820.690.690.6
0.150.080.240.040.180.46-0.070.320.130.140.420.090.05-0.2-0.110.28-0.220.060.450.150.65-0.15-0.15-0.15-0.08
0.640.050.620.360.710.77-0.170.830.30.640.740.50.610.440.290.650.070.380.780.630.650.320.340.340.01
0.82-0.160.420.810.670.48-0.010.640.050.690.250.810.70.580.010.420.420.810.510.82-0.150.320.50.50.52
0.7-0.240.420.580.660.54-0.540.50.540.670.060.680.50.880.150.090.770.570.550.69-0.150.340.51.00.52
0.7-0.240.420.580.660.54-0.540.50.540.670.060.680.50.880.150.090.770.570.550.69-0.150.340.51.00.52
0.57-0.020.190.880.230.13-0.650.090.640.25-0.110.730.010.51-0.45-0.030.470.870.150.6-0.080.010.520.520.52
Click cells to compare fundamentals

Argan Account Relationship Matchups

Argan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets487.5M602.6M553.6M489.5M562.9M591.1M
Other Current Liab34.3M48.6M51.9M48.3M55.5M58.3M
Total Current Liabilities144.0M276.1M223.0M202.5M232.9M244.5M
Total Stockholder Equity339.2M320.7M326.4M280.9M323.0M339.2M
Property Plant And Equipment Net24.9M24.1M14.5M16.5M18.9M19.9M
Net Debt(165.2M)(364.6M)(346.8M)(172.4M)(155.1M)(147.4M)
Retained Earnings189.3M166.1M188.7M207.8M239.0M251.0M
Cash167.4M366.7M350.5M173.9M200.0M210.0M
Non Current Assets Total65.8M56.4M46.3M50.8M58.4M61.3M
Non Currrent Assets Other408K249K457K3.7M4.2M4.5M
Cash And Short Term Investments327.9M456.7M440.5M325.5M374.3M393.0M
Net Receivables70.6M55.3M31.9M74.9M86.1M90.5M
Common Stock Shares Outstanding15.6M15.8M15.9M14.2M16.3M17.1M
Liabilities And Stockholders Equity487.5M602.6M553.6M489.5M562.9M591.1M
Non Current Liabilities Total2.5M4.1M5.0M6.1M7.0M7.4M
Other Stockholder Equity148.7M153.3M137.8M73.6M84.6M62.0M
Total Liab146.5M280.2M228.0M208.6M239.9M251.9M
Property Plant And Equipment Gross22.5M24.1M14.5M16.5M18.9M19.9M
Total Current Assets421.8M546.2M507.3M438.7M504.5M529.7M
Short Term Debt1.6M2.1M1.4M1.6M1.4M1.1M
Other Current Assets23.3M34.1M34.9M38.3M44.1M46.3M
Accumulated Other Comprehensive Income(1.1M)(1.1M)(2.5M)(2.9M)(2.6M)(2.5M)
Accounts Payable35.4M53.3M41.8M56.4M64.8M68.1M
Common Stock Total Equity2.3M2.4M2.4M2.4M2.7M1.6M
Common Stock2.3M2.4M2.4M2.4M2.7M1.6M
Current Deferred Revenue72.7M172.0M127.9M96.3M110.7M83.5M
Other Assets7.9M249K457K3.7M4.2M4.5M
Property Plant Equipment22.5M20.4M10.5M10.4M12.0M7.7M
Good Will34.3M32.8M27.9M28.0M32.2M24.3M
Short Term Investments160.5M90.1M90.0M151.5M174.2M182.9M
Intangible Assets5.0M4.1M3.3M2.6M2.3M4.1M
Other Liab1.8M4.1M2.7M2.9M3.3M3.5M
Net Tangible Assets306.3M288.6M295.0M250.3M287.8M248.8M
Noncontrolling Interest In Consolidated Entity(196K)1.8M1.7M(797K)(916.6K)(870.7K)
Retained Earnings Total Equity189.3M166.1M188.7M207.8M239.0M148.9M
Capital Surpluse148.7M153.3M158.2M162.2M186.5M142.9M

Pair Trading with Argan

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Argan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Argan will appreciate offsetting losses from the drop in the long position's value.

Moving together with Argan Stock

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Moving against Argan Stock

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  0.49GLFH GalenfehaPairCorr
The ability to find closely correlated positions to Argan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Argan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Argan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Argan Inc to buy it.
The correlation of Argan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Argan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Argan Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Argan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Argan Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Argan's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Argan Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Argan Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argan Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Argan Inc information on this page should be used as a complementary analysis to other Argan's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Argan's price analysis, check to measure Argan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argan is operating at the current time. Most of Argan's value examination focuses on studying past and present price action to predict the probability of Argan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argan's price. Additionally, you may evaluate how the addition of Argan to your portfolios can decrease your overall portfolio volatility.
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Is Argan's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Argan. If investors know Argan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Argan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Dividend Share
1.05
Earnings Share
2.47
Revenue Per Share
39.318
Quarterly Revenue Growth
0.389
The market value of Argan Inc is measured differently than its book value, which is the value of Argan that is recorded on the company's balance sheet. Investors also form their own opinion of Argan's value that differs from its market value or its book value, called intrinsic value, which is Argan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Argan's market value can be influenced by many factors that don't directly affect Argan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Argan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.