Argan Tax Provision from 2010 to 2024

AGX Stock  USD 158.73  4.65  3.02%   
Argan Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 12.1 M in 2024. Tax Provision is the amount set aside by Argan Inc to cover any estimated taxes for the current period. It reflects Argan's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-01-31
Previous Quarter
3.4 M
Current Value
6.1 M
Quarterly Volatility
3.6 M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Argan Inc over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Argan's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Argan Tax Provision Regression Statistics

Arithmetic Mean18,283,653
Geometric Mean16,485,816
Coefficient Of Variation74.59
Mean Deviation11,057,036
Median25,302,000
Standard Deviation13,638,480
Sample Variance186T
Range47.3M
R-Value(0.51)
Mean Square Error147.9T
R-Squared0.26
Significance0.05
Slope(1,560,055)
Total Sum of Squares2604.1T

Argan Tax Provision History

202412.1 M
202316.6 M
202211.3 M
202111.4 M
20205.5 M
2019-7.1 M
2018-4.7 M

About Argan Financial Statements

Argan investors use historical fundamental indicators, such as Argan's Tax Provision, 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
Tax Provision16.6 M12.1 M

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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.