Argan Return On Equity from 2010 to 2024

AGX Stock  USD 157.02  1.61  1.01%   
Argan Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Argan Inc in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.11121919
Current Value
0.12
Quarterly Volatility
0.10296531
 
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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Argan Inc over the last few years. Return on Equity is the amount of Argan Inc net income returned as a percentage of Argan equity. Return on equity measures Argan profitability by revealing how much profit Argan Inc generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Argan's Return On Equity 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.
ViewLast Reported 0.1510 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Argan Return On Equity Regression Statistics

Arithmetic Mean0.15
Coefficient Of Variation70.44
Mean Deviation0.07
Median0.13
Standard Deviation0.10
Sample Variance0.01
Range0.4599
R-Value(0.51)
Mean Square Error0.01
R-Squared0.26
Significance0.05
Slope(0.01)
Total Sum of Squares0.15

Argan Return On Equity History

2023 0.11
2021 0.12
2020 0.0744
2019 -0.13
2018 0.13
2017 0.2
2016 0.24

About Argan Financial Statements

Argan investors use historical fundamental indicators, such as Argan's Return On Equity, 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
Return On Equity 0.11  0.12 

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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.

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.