Argan Net Cash Flow from Investing vs Capital Expenditure Analysis
AGX Stock | USD 61.63 0.01 0.02% |
Trend analysis of Argan Inc balance sheet accounts such as Short Long Term Debt Total of 2.8 M, Other Current Liabilities of 82.9 M or Total Current Liabilities of 317.4 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.
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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 Liabilities And Stockholders Equity is fairly stable compared to the past year. Non Current Liabilities Total is likely to rise to about 31.9 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 2.8 M in 2024. Add Fundamental
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. Enterprise Value Over EBITDA is likely to rise to 10.83 in 2024, despite the fact that Discontinued Operations is likely to grow to (243.7 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 47.3M | 44.7M | 42.4M | 44.5M | Cost Of Revenue | 409.6M | 368.7M | 494.5M | 519.2M |
Argan fundamental ratios Correlations
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Argan Account Relationship Matchups
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Argan fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 487.5M | 602.6M | 553.6M | 489.5M | 623.6M | 654.8M | |
Other Current Liab | 34.3M | 48.6M | 51.9M | 48.3M | 79.0M | 82.9M | |
Total Current Liabilities | 144.0M | 276.1M | 223.0M | 202.5M | 302.3M | 317.4M | |
Total Stockholder Equity | 339.2M | 320.7M | 326.4M | 280.9M | 290.9M | 305.5M | |
Property Plant And Equipment Net | 24.9M | 24.1M | 14.5M | 16.5M | 18.5M | 19.5M | |
Net Debt | (165.2M) | (364.6M) | (346.8M) | (172.4M) | (191.7M) | (182.1M) | |
Retained Earnings | 189.3M | 166.1M | 188.7M | 207.8M | 225.5M | 236.8M | |
Cash | 167.4M | 366.7M | 350.5M | 173.9M | 197.0M | 101.4M | |
Non Current Assets Total | 65.8M | 56.4M | 46.3M | 50.8M | 76.4M | 80.2M | |
Non Currrent Assets Other | 408K | 249K | 457K | 3.7M | 2.3M | 2.4M | |
Cash And Short Term Investments | 327.9M | 456.7M | 440.5M | 325.5M | 306.5M | 321.8M | |
Net Receivables | 70.6M | 55.3M | 31.9M | 74.9M | 201.4M | 211.5M | |
Common Stock Shares Outstanding | 15.6M | 15.8M | 15.9M | 14.2M | 13.5M | 8.1M | |
Liabilities And Stockholders Equity | 487.5M | 602.6M | 553.6M | 489.5M | 623.6M | 654.8M | |
Non Current Liabilities Total | 2.5M | 4.1M | 5.0M | 6.1M | 30.4M | 31.9M | |
Other Stockholder Equity | 148.7M | 153.3M | 137.8M | 73.6M | 66.7M | 62.3M | |
Total Liab | 146.5M | 280.2M | 228.0M | 208.6M | 332.6M | 349.3M | |
Property Plant And Equipment Gross | 22.5M | 24.1M | 14.5M | 16.5M | 40.1M | 42.1M | |
Total Current Assets | 421.8M | 546.2M | 507.3M | 438.7M | 547.2M | 574.5M | |
Short Term Debt | 1.6M | 2.1M | 1.4M | 1.6M | 2.7M | 1.6M | |
Other Current Assets | 23.3M | 34.1M | 34.9M | 38.3M | 29.3M | 30.7M | |
Accumulated Other Comprehensive Income | (1.1M) | (1.1M) | (2.5M) | (2.9M) | (3.6M) | (3.4M) | |
Accounts Payable | 35.4M | 53.3M | 41.8M | 56.4M | 39.5M | 29.8M | |
Common Stock Total Equity | 2.3M | 2.4M | 2.4M | 2.4M | 2.7M | 1.6M | |
Common Stock | 2.3M | 2.4M | 2.4M | 2.4M | 2.7M | 1.7M | |
Current Deferred Revenue | 72.7M | 172.0M | 127.9M | 96.3M | 181.1M | 190.1M | |
Other Assets | 7.9M | 249K | 457K | 3.7M | 4.2M | 4.5M | |
Property Plant Equipment | 22.5M | 20.4M | 10.5M | 10.4M | 12.0M | 7.7M | |
Good Will | 34.3M | 32.8M | 27.9M | 28.0M | 32.2M | 24.6M | |
Short Term Investments | 160.5M | 90.1M | 90.0M | 151.5M | 109.5M | 81.3M | |
Intangible Assets | 5.0M | 4.1M | 3.3M | 2.6M | 2.2M | 4.0M | |
Other Liab | 1.8M | 4.1M | 2.7M | 2.9M | 3.3M | 3.5M | |
Net Tangible Assets | 306.3M | 288.6M | 295.0M | 250.3M | 287.8M | 248.8M | |
Noncontrolling Interest In Consolidated Entity | (196K) | 1.8M | 1.7M | (797K) | (916.6K) | (870.7K) | |
Retained Earnings Total Equity | 189.3M | 166.1M | 188.7M | 207.8M | 239.0M | 148.9M | |
Capital Surpluse | 148.7M | 153.3M | 158.2M | 162.2M | 186.5M | 142.9M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Argan in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Argan's short interest history, or implied volatility extrapolated from Argan options trading.
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 against Argan Stock
0.73 | VATE | Innovate Corp | PairCorr |
0.43 | WLGS | Wang Lee Group Report 20th of May 2024 | PairCorr |
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.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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Argan Stock analysis
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 (0.10) | Dividend Share 1.1 | Earnings Share 2.39 | Revenue Per Share 42.898 | Quarterly Revenue Growth 0.385 |
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.