Argan Capex To Depreciation from 2010 to 2024

AGX Stock  USD 158.63  4.55  2.95%   
Argan Capex To Depreciation yearly trend continues to be fairly stable with very little volatility. Capex To Depreciation will likely drop to 0.86 in 2024. Capex To Depreciation is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. View All Fundamentals
 
Capex To Depreciation  
First Reported
2010-12-31
Previous Quarter
1.14594595
Current Value
0.86
Quarterly Volatility
2.547019
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Argan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argan's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 7.8 M or Total Revenue of 602 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0228 or PTB Ratio of 3.36. Argan financial statements analysis is a perfect complement when working with Argan Valuation or Volatility modules.
  
Check out the analysis of Argan Correlation against competitors.

Latest Argan's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Argan Inc over the last few years. It is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. Argan's Capex To Depreciation 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.
Capex To Depreciation10 Years Trend
Pretty Stable
   Capex To Depreciation   
       Timeline  

Argan Capex To Depreciation Regression Statistics

Arithmetic Mean1.72
Coefficient Of Variation148.31
Mean Deviation1.48
Median1.27
Standard Deviation2.55
Sample Variance6.49
Range12.1608
R-Value(0.25)
Mean Square Error6.55
R-Squared0.06
Significance0.37
Slope(0.14)
Total Sum of Squares90.82

Argan Capex To Depreciation History

2024 0.86
2023 1.15
2022 0.91
2021 0.34
2020 0.37
2019 1.52
2018 1.94

About Argan Financial Statements

Argan investors use historical fundamental indicators, such as Argan's Capex To Depreciation, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Argan. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 1.15  0.86 

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Additional 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.