Argan Balance Sheet Health
Financial Health criteria checks 6/6
Argan has a total shareholder equity of $308.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $726.6M and $418.5M respectively. Argan's EBIT is $44.8M making its interest coverage ratio -2.5. It has cash and short-term investments of $484.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -2.5x |
| Cash | US$484.68m |
| Equity | US$308.07m |
| Total liabilities | US$418.51m |
| Total assets | US$726.57m |
Recent financial health updates
No updates
Recent updates
Argan: Favorable Long Term Due To Robust Project Pipeline
Oct 15Argan's (NYSE:AGX) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 11
Earnings Tell The Story For Argan, Inc. (NYSE:AGX) As Its Stock Soars 32%
Sep 20The Market Thinks Argan, Inc. Earnings Were Incredible, I Agree
Sep 08Argan, Inc. (NYSE:AGX) Not Flying Under The Radar
Aug 03Argan (NYSE:AGX) Is Experiencing Growth In Returns On Capital
Jul 16An Intrinsic Calculation For Argan, Inc. (NYSE:AGX) Suggests It's 45% Undervalued
Jun 10After Leaping 25% Argan, Inc. (NYSE:AGX) Shares Are Not Flying Under The Radar
Apr 17Argan: Quality Business, Uncorrelated Returns, And Belongs In An All-Weather Portfolio
Apr 09Argan: 4 Reasons Why This Stock Is A Buy For Long-Term Dividend Investors
Mar 11Argan: Favorable Supply/Demand Environment And Improved Capital Allocation
Jan 31A Look At The Fair Value Of Argan, Inc. (NYSE:AGX)
Dec 22Argan: Shares Are Cheaper Than They Appear
Dec 11Argan: Encouraging Near-Term Trends Point To Further Share Price Gains
Nov 08Argan (NYSE:AGX) Is Increasing Its Dividend To $0.30
Sep 23Argan Stock: Recalibrating Expectations
Aug 23Argan (NYSE:AGX) Has Announced A Dividend Of $0.25
Jun 24Some Investors May Be Worried About Argan's (NYSE:AGX) Returns On Capital
Jun 08Argan, Inc.: Good Growth At Attractive Valuations
Jun 02Argan (NYSE:AGX) Will Pay A Dividend Of $0.25
Jan 03Argan: A High Quality Pick For 2023
Dec 26Time To Worry? Analysts Are Downgrading Their Argan, Inc. (NYSE:AGX) Outlook
Dec 15Argan declares $0.25 dividend and increases buyback to $125M
Dec 15Argan GAAP EPS of $0.56 misses by $0.14, revenue of $117.88M misses by $13.87M
Dec 07Argan's (NYSE:AGX) Dividend Will Be $0.25
Sep 12Argan: Assessing If Strong Potential Can Be Realized
Sep 08Financial Position Analysis
Short Term Liabilities: AGX's short term assets ($675.0M) exceed its short term liabilities ($415.1M).
Long Term Liabilities: AGX's short term assets ($675.0M) exceed its long term liabilities ($3.4M).
Debt to Equity History and Analysis
Debt Level: AGX is debt free.
Reducing Debt: AGX had no debt 5 years ago.
Debt Coverage: AGX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AGX has no debt, therefore coverage of interest payments is not a concern.