Argan Inc Stock Cash And Equivalents
| AGX Stock | USD 157.02 1.61 1.01% |
Argan Inc fundamentals help investors to digest information that contributes to Argan's financial success or failures. It also enables traders to predict the movement of Argan Stock. The fundamental analysis module provides a way to measure Argan's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Argan stock.
| Last Reported | Projected for Next Year | ||
| Cash And Equivalents | 200 M | 237.6 M |
Argan | Cash And Equivalents |
Argan Inc Company Cash And Equivalents Analysis
Argan's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Argan Cash And Equivalents | 173.95 M |
Most of Argan's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Argan Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Argan Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Argan is extremely important. It helps to project a fair market value of Argan Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Argan's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Argan's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Argan's interrelated accounts and indicators.
Click cells to compare fundamentals
Argan Cash And Equivalents Historical Pattern
Today, most investors in Argan Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Argan's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Argan cash and equivalents as a starting point in their analysis.
Argan Cash And Equivalents |
| Timeline |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Argan Inc has 173.95 M in Cash And Equivalents. This is 55.74% lower than that of the Construction & Engineering sector and 39.31% lower than that of the Industrials industry. The cash and equivalents for all United States stocks is 93.56% higher than that of the company.
Argan Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Argan's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Argan could also be used in its relative valuation, which is a method of valuing Argan by comparing valuation metrics of similar companies.Argan is currently under evaluation in cash and equivalents category among its peers.
Argan ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Argan's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Argan's managers, analysts, and investors.Environmental | Governance | Social |
Argan Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0454 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 1.66 B | ||||
| Shares Outstanding | 13.5 M | ||||
| Shares Owned By Insiders | 7.14 % | ||||
| Shares Owned By Institutions | 91.13 % | ||||
| Number Of Shares Shorted | 405.81 K | ||||
| Price To Earning | 24.72 X | ||||
| Price To Book | 6.95 X | ||||
| Price To Sales | 3.00 X | ||||
| Revenue | 573.33 M | ||||
| Gross Profit | 83.96 M | ||||
| EBITDA | 38.86 M | ||||
| Net Income | 32.36 M | ||||
| Cash And Equivalents | 173.95 M | ||||
| Cash Per Share | 22.98 X | ||||
| Total Debt | 5.32 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 2.66 X | ||||
| Book Value Per Share | 22.82 X | ||||
| Cash Flow From Operations | 116.86 M | ||||
| Short Ratio | 1.26 X | ||||
| Earnings Per Share | 3.19 X | ||||
| Target Price | 82.5 | ||||
| Number Of Employees | 1.21 K | ||||
| Beta | 0.47 | ||||
| Market Capitalization | 2.14 B | ||||
| Total Asset | 598.23 M | ||||
| Retained Earnings | 225.51 M | ||||
| Working Capital | 244.92 M | ||||
| Current Asset | 350.61 M | ||||
| Current Liabilities | 187.71 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 2.45 % | ||||
| Net Asset | 598.23 M | ||||
| Last Dividend Paid | 1.2 |
About Argan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Argan Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Argan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Argan Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
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.