Argan Current Ratio from 2010 to 2024
AGX Stock | USD 66.05 0.11 0.17% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 1.81029246 | Current Value 1.83 | Quarterly Volatility 0.87810996 |
Check Argan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argan main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Interest Expense of 7.8 M or Total Revenue of 602 M, as well as many exotic indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0231 or PTB Ratio of 3.36. Argan financial statements analysis is a perfect complement when working with Argan Valuation or Volatility modules.
Argan | Current Ratio |
Latest Argan's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Argan Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Argan's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Argan's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 2.66 X | 10 Years Trend |
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Current Ratio |
Timeline |
Argan Current Ratio Regression Statistics
Arithmetic Mean | 2.15 | |
Geometric Mean | 2.04 | |
Coefficient Of Variation | 40.81 | |
Mean Deviation | 0.52 | |
Median | 1.83 | |
Standard Deviation | 0.88 | |
Sample Variance | 0.77 | |
Range | 3.6159 | |
R-Value | 0.24 | |
Mean Square Error | 0.78 | |
R-Squared | 0.06 | |
Significance | 0.38 | |
Slope | 0.05 | |
Total Sum of Squares | 10.80 |
Argan Current Ratio History
About Argan Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Argan income statement, its balance sheet, and the statement of cash flows. Argan investors use historical funamental indicators, such as Argan's Current Ratio, to determine how well the company is positioned to perform in the future. Although Argan investors may use each financial statement separately, they are all related. The changes in Argan's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Argan's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Argan Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Argan. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Current Ratio | 1.81 | 1.83 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 the analysis of Argan Correlation against competitors. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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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 (0.10) | 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.