Argan Fixed Asset Turnover from 2010 to 2024

AGX Stock  USD 149.91  6.24  4.00%   
Argan Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 27.66 in 2024. During the period from 2010 to 2024, Argan Fixed Asset Turnover regression line of annual values had r-squared of  0.14 and arithmetic mean of  35.35. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
30.92244216
Current Value
27.66
Quarterly Volatility
15.76353266
 
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 Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Argan Inc over the last few years. It is Argan's Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Argan Fixed Asset Turnover Regression Statistics

Arithmetic Mean35.35
Geometric Mean31.70
Coefficient Of Variation44.59
Mean Deviation13.01
Median30.92
Standard Deviation15.76
Sample Variance248.49
Range49.197
R-Value(0.37)
Mean Square Error230.63
R-Squared0.14
Significance0.17
Slope(1.31)
Total Sum of Squares3,479

Argan Fixed Asset Turnover History

2023 30.92
2022 27.66
2021 35.16
2020 16.26
2019 9.58
2018 24.38
2017 58.36

About Argan Financial Statements

Argan investors use historical fundamental indicators, such as Argan's Fixed Asset Turnover, 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
Fixed Asset Turnover 30.92  27.66 

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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.