Argan Historical Income Statement

AGX Stock  USD 157.02  1.61  1.01%   
Historical analysis of Argan income statement accounts such as Interest Expense of 7.8 M, Total Revenue of 602 M or Gross Profit of 82.8 M can show how well Argan Inc performed in making a profits. Evaluating Argan income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Argan's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Argan Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Argan Inc is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argan Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Argan Income Statement Analysis

Argan Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Argan shareholders. The income statement also shows Argan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Argan Income Statement Chart

At this time, Argan's Selling General Administrative is fairly stable compared to the past year. Minority Interest is expected to grow at the current pace this year, whereas Depreciation And Amortization is likely to drop slightly above 1.9 M in 2024.

Total Revenue

Total revenue comprises all receipts Argan Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Argan Inc. It is also known as Argan overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Argan Inc income statement and represents the costs associated with goods and services Argan provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Argan income statement and is an important metric when analyzing Argan Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from Argan's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Argan Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argan Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Argan's Selling General Administrative is fairly stable compared to the past year. Minority Interest is expected to grow at the current pace this year, whereas Depreciation And Amortization is likely to drop slightly above 1.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses47.3M44.7M44.4M46.6M
Cost Of Revenue409.6M368.7M494.5M519.2M

Argan income statement Correlations

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0.150.380.40.370.260.280.290.360.390.290.170.140.370.38-0.460.220.140.620.1-0.01-0.160.18
0.230.380.870.990.630.640.670.990.710.720.390.730.610.71-0.620.680.450.040.030.21-0.250.18
-0.090.40.870.790.910.920.930.80.40.950.030.930.790.4-0.570.930.090.26-0.210.46-0.22-0.12
0.330.370.990.790.510.520.551.00.790.610.490.630.520.79-0.620.570.55-0.040.120.09-0.230.29
-0.390.260.630.910.511.01.00.540.00.98-0.270.920.86-0.01-0.340.96-0.210.4-0.480.71-0.24-0.45
-0.380.280.640.920.521.01.00.550.020.98-0.280.930.840.02-0.350.96-0.220.39-0.450.7-0.23-0.42
-0.330.290.670.930.551.01.00.580.070.98-0.260.930.840.06-0.380.96-0.170.38-0.450.68-0.2-0.4
0.290.360.990.81.00.540.550.580.760.640.470.660.550.75-0.610.60.52-0.020.080.14-0.250.25
0.690.390.710.40.790.00.020.070.760.110.660.20.01.0-0.650.110.76-0.250.54-0.480.010.69
-0.360.290.720.950.610.980.980.980.640.11-0.10.950.870.11-0.40.97-0.140.36-0.380.66-0.32-0.34
0.350.170.390.030.49-0.27-0.28-0.260.470.66-0.1-0.07-0.050.66-0.34-0.160.66-0.30.61-0.43-0.460.66
-0.320.140.730.930.630.920.930.930.660.20.95-0.070.70.19-0.370.98-0.050.14-0.290.51-0.26-0.3
-0.330.370.610.790.520.860.840.840.550.00.87-0.050.70.0-0.330.74-0.170.43-0.40.8-0.44-0.27
0.690.380.710.40.79-0.010.020.060.751.00.110.660.190.0-0.640.10.76-0.250.55-0.490.00.69
-0.4-0.46-0.62-0.57-0.62-0.34-0.35-0.38-0.61-0.65-0.4-0.34-0.37-0.33-0.64-0.36-0.42-0.2-0.20.21-0.04-0.29
-0.360.220.680.930.570.960.960.960.60.110.97-0.160.980.740.1-0.36-0.120.31-0.380.57-0.24-0.39
0.820.140.450.090.55-0.21-0.22-0.170.520.76-0.140.66-0.05-0.170.76-0.42-0.12-0.30.21-0.560.130.37
-0.220.620.040.26-0.040.40.390.38-0.02-0.250.36-0.30.140.43-0.25-0.20.31-0.3-0.420.33-0.02-0.39
0.230.10.03-0.210.12-0.48-0.45-0.450.080.54-0.380.61-0.29-0.40.55-0.2-0.380.21-0.42-0.58-0.240.93
-0.64-0.010.210.460.090.710.70.680.14-0.480.66-0.430.510.8-0.490.210.57-0.560.33-0.58-0.4-0.53
0.52-0.16-0.25-0.22-0.23-0.24-0.23-0.2-0.250.01-0.32-0.46-0.26-0.440.0-0.04-0.240.13-0.02-0.24-0.4-0.19
0.460.180.18-0.120.29-0.45-0.42-0.40.250.69-0.340.66-0.3-0.270.69-0.29-0.390.37-0.390.93-0.53-0.19
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Argan Account Relationship Matchups

Argan income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization9.8M4.6M4.2M3.7M2.4M1.9M
Total Revenue239.0M392.2M509.4M455.0M573.3M602.0M
Gross Profit(6.8M)62.1M99.7M86.4M78.8M82.8M
Other Operating Expenses289.9M369.2M457.0M413.4M536.9M563.7M
Operating Income(55.8M)18.4M44.5M41.7M36.5M19.2M
Ebit(55.8M)23.0M52.4M41.7M36.5M20.0M
Ebitda(46.1M)27.6M56.6M45.4M38.9M21.9M
Cost Of Revenue245.8M330.1M409.6M368.7M494.5M519.2M
Total Operating Expenses44.1M39.0M47.3M44.7M44.4M46.6M
Income Before Tax(47.8M)24.9M47.1M46M48.9M51.4M
Total Other Income Expense Net8.1M1.9M2.6M4.3M12.5M13.1M
Net Income(42.9M)23.9M38.2M33.1M32.4M34.0M
Income Tax Expense(4.8M)(3.6M)11.4M11.3M16.6M17.4M
Selling General Administrative44.1M39.0M47.3M44.7M44.4M46.6M
Net Income Applicable To Common Shares(42.7M)23.9M38.2M33.1M38.1M25.3M
Net Income From Continuing Ops(40.7M)23.8M35.7M34.7M32.4M27.9M
Non Operating Income Net Other8.1M1.9M2.6M4.3M5.0M3.1M
Minority Interest(196K)2.0M(40K)(2.5M)(1.6M)0.0
Non Recurring(584K)1.5M4.9M7.9M9.1M9.5M
Tax Provision(7.1M)5.5M11.4M11.3M16.6M12.1M
Reconciled Depreciation4.6M4.6M4.2M3.7M2.4M3.2M

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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.