Argan Return On Tangible Assets from 2010 to 2024

AGX Stock  USD 156.15  0.21  0.13%   
Argan Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.05697042
Current Value
0.0598
Quarterly Volatility
0.05524766
 
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 Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Argan Inc over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Argan's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Argan Return On Tangible Assets Regression Statistics

Arithmetic Mean0.07
Coefficient Of Variation74.60
Mean Deviation0.04
Median0.07
Standard Deviation0.06
Sample Variance0
Range0.227
R-Value(0.26)
Mean Square Error0
R-Squared0.07
Significance0.34
Slope(0)
Total Sum of Squares0.04

Argan Return On Tangible Assets History

2024 0.0598
2023 0.057
2022 0.0721
2021 0.0732
2020 0.0418
2019 -0.0944

About Argan Financial Statements

Argan investors use historical fundamental indicators, such as Argan's Return On Tangible Assets, 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 Tangible Assets 0.06  0.06 

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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.