Argan Historical Income Statement

AGX Stock  USD 70.63  1.30  1.88%   
Historical analysis of Argan income statement accounts such as Interest Expense of 7.8 M, Total Revenue of 602 M or Gross Profit of 82.8 M can show how well Argan Inc performed in making a profits. Evaluating Argan income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Argan's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Argan Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Argan Inc is a good buy for the upcoming 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 Income Statement Analysis

Argan Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Argan shareholders. The income statement also shows Argan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Argan Income Statement Chart

Argan Inc Income Statement is one of the three primary financial statements used for reporting Argan's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Argan Inc revenue and expense. Argan Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Argan's Selling General Administrative is fairly stable compared to the past year. Minority Interest is likely to rise to 0.00 in 2024, whereas Depreciation And Amortization is likely to drop slightly above 2.3 M in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Argan Inc. It is also known as Argan overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Argan Inc income statement and represents the costs associated with goods and services Argan provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Argan's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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. Minority Interest is likely to rise to 0.00 in 2024, whereas Depreciation And Amortization is likely to drop slightly above 2.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses47.3M44.7M42.4M44.5M
Cost Of Revenue409.6M368.7M494.5M519.2M

Argan income statement Correlations

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0.220.380.870.990.630.630.670.990.710.720.380.730.610.71-0.620.680.450.040.030.21-0.250.18
0.060.40.870.790.910.910.930.80.410.950.010.930.790.4-0.570.930.090.26-0.210.46-0.22-0.12
0.290.370.990.790.510.510.551.00.790.610.480.630.520.79-0.620.570.55-0.040.120.09-0.230.29
-0.220.260.630.910.511.00.990.540.010.98-0.310.920.86-0.01-0.340.96-0.210.4-0.480.71-0.24-0.45
-0.220.270.630.910.511.01.00.540.010.98-0.310.920.860.0-0.340.96-0.210.4-0.480.71-0.25-0.44
-0.120.310.670.930.550.991.00.580.080.98-0.30.920.850.06-0.380.96-0.170.38-0.450.68-0.21-0.4
0.250.360.990.81.00.540.540.580.750.640.460.660.550.75-0.610.60.52-0.020.080.14-0.250.25
0.640.390.710.410.790.010.010.080.750.110.670.20.01.0-0.650.110.76-0.240.52-0.480.040.67
-0.220.290.720.950.610.980.980.980.640.11-0.140.950.870.11-0.40.97-0.140.36-0.380.66-0.32-0.34
0.180.070.380.010.48-0.31-0.31-0.30.460.67-0.14-0.08-0.140.7-0.37-0.180.63-0.330.69-0.5-0.360.74
-0.130.140.730.930.630.920.920.920.660.20.95-0.080.70.19-0.370.98-0.050.14-0.290.51-0.26-0.3
-0.240.370.610.790.520.860.860.850.550.00.87-0.140.70.0-0.330.74-0.170.43-0.40.8-0.44-0.27
0.630.380.710.40.79-0.010.00.060.751.00.110.70.190.0-0.640.10.76-0.250.55-0.490.00.69
-0.32-0.46-0.62-0.57-0.62-0.34-0.34-0.38-0.61-0.65-0.4-0.37-0.37-0.33-0.64-0.36-0.42-0.2-0.20.21-0.04-0.29
-0.20.220.680.930.570.960.960.960.60.110.97-0.180.980.740.1-0.36-0.120.31-0.380.57-0.24-0.39
0.470.140.450.090.55-0.21-0.21-0.170.520.76-0.140.63-0.05-0.170.76-0.42-0.12-0.30.21-0.560.130.37
-0.320.620.040.26-0.040.40.40.38-0.02-0.240.36-0.330.140.43-0.25-0.20.31-0.3-0.420.33-0.02-0.39
0.360.10.03-0.210.12-0.48-0.48-0.450.080.52-0.380.69-0.29-0.40.55-0.2-0.380.21-0.42-0.58-0.240.93
-0.49-0.010.210.460.090.710.710.680.14-0.480.66-0.50.510.8-0.490.210.57-0.560.33-0.58-0.4-0.53
0.44-0.16-0.25-0.22-0.23-0.24-0.25-0.21-0.250.04-0.32-0.36-0.26-0.440.0-0.04-0.240.13-0.02-0.24-0.4-0.19
0.490.180.18-0.120.29-0.45-0.44-0.40.250.67-0.340.74-0.3-0.270.69-0.29-0.390.37-0.390.93-0.53-0.19
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Argan Account Relationship Matchups

Argan income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization9.8M4.6M15.8M3.7M2.4M2.3M
Total Revenue239.0M392.2M509.4M455.0M573.3M602.0M
Gross Profit(6.8M)62.1M99.7M86.4M78.8M82.8M
Other Operating Expenses289.9M369.2M457.0M413.4M536.9M563.7M
Operating Income(55.8M)18.4M44.5M41.7M36.5M19.2M
Ebit(55.8M)18.4M44.5M41.7M36.5M19.6M
Ebitda(46.1M)23.0M60.3M45.4M38.9M21.9M
Cost Of Revenue245.8M330.1M409.6M368.7M494.5M519.2M
Total Operating Expenses44.1M39.0M47.3M44.7M42.4M44.5M
Income Before Tax(47.8M)24.9M47.1M46M48.9M51.4M
Total Other Income Expense Net8.1M6.5M2.6M4.3M12.5M13.1M
Net Income(42.9M)23.9M38.2M33.1M32.4M34.0M
Income Tax Expense(4.8M)(3.6M)11.4M11.3M16.6M17.4M
Selling General Administrative44.1M39.0M47.3M44.7M44.4M46.6M
Net Income Applicable To Common Shares(42.7M)23.9M38.2M33.1M38.1M25.3M
Net Income From Continuing Ops(40.7M)23.8M35.7M34.7M32.4M27.9M
Non Operating Income Net Other8.1M1.9M2.6M4.3M5.0M3.1M
Minority Interest(196K)2.0M(40K)(2.5M)(1.6M)0.0
Non Recurring(584K)1.5M4.9M7.9M9.1M9.5M
Tax Provision(7.1M)5.5M11.4M11.3M16.6M12.1M
Reconciled Depreciation4.6M4.6M4.2M3.7M2.4M3.2M

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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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.