Argan Capital Expenditures vs Net Income Analysis

AGX Stock

USD 156.19 7.17 4.81%

Argan financial indicator trend analysis is way more than just evaluating Argan Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argan Inc is a good investment. Please check the relationship between Argan Capital Expenditures and its Net Income accounts. 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.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argan Inc Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Argan's Capital Expenditures and Net Income is -0.08. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Argan Inc, assuming nothing else is changed. The correlation between historical values of Argan's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Argan Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Argan's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Argan Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Argan operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Argan Inc financial statement analysis. It represents the amount of money remaining after all of Argan Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Argan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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. Enterprise Value Over EBITDA is likely to rise to 12.45 in 2025, despite the fact that Discontinued Operations is likely to grow to (243.7 K).

	2022	2023	2024	2025 (projected)
Total Operating Expenses	44.7M	44.4M	51.0M	53.6M
Cost Of Revenue	368.7M	492.5M	566.4M	594.7M

Total Operating Expenses Cost Of Revenue

Argan fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Accounts Payable	Common Stock Total Equity	Common Stock	Current Deferred Revenue
Total Assets		0.51	0.64	0.89	0.9	0.82	-0.34	0.89	0.46	0.86	0.37	0.97	0.81	0.5	0.12	0.39	0.41	0.89	0.77	1.0	0.46	0.47	0.6	0.64	0.65	0.74
Short Long Term Debt Total	0.51		0.76	0.6	0.32	0.39	0.03	0.54	0.17	0.27	0.57	0.45	0.55	-0.19	-0.04	0.69	-0.39	0.61	0.85	0.53	0.78	-0.05	-0.18	0.04	0.05	0.58
Other Current Liab	0.64	0.76		0.66	0.48	0.52	-0.04	0.61	0.2	0.51	0.68	0.56	0.63	0.13	-0.02	0.72	-0.12	0.66	0.79	0.64	0.66	0.23	0.11	0.34	0.35	0.58
Total Current Liabilities	0.89	0.6	0.66		0.61	0.56	-0.34	0.64	0.47	0.61	0.39	0.92	0.62	0.34	-0.24	0.47	0.16	1.0	0.71	0.9	0.48	0.14	0.53	0.5	0.51	0.95
Total Stockholder Equity	0.9	0.32	0.48	0.61		0.89	-0.28	0.94	0.36	0.92	0.26	0.83	0.82	0.56	0.43	0.22	0.56	0.61	0.67	0.89	0.33	0.67	0.55	0.65	0.66	0.39
Property Plant And Equipment Net	0.82	0.39	0.52	0.56	0.89		-0.21	0.87	0.3	0.9	0.36	0.71	0.8	0.4	0.3	0.36	0.4	0.56	0.79	0.8	0.57	0.68	0.33	0.53	0.54	0.37
Net Debt	-0.34	0.03	-0.04	-0.34	-0.28	-0.21		-0.1	-0.97	-0.16	0.18	-0.46	0.12	-0.59	0.05	0.2	-0.55	-0.34	-0.04	-0.35	0.01	-0.43	-0.07	-0.54	-0.54	-0.45
Retained Earnings	0.89	0.54	0.61	0.64	0.94	0.87	-0.1		0.22	0.84	0.53	0.78	0.9	0.32	0.41	0.5	0.24	0.65	0.82	0.88	0.56	0.58	0.41	0.49	0.5	0.42
Cash	0.46	0.17	0.2	0.47	0.36	0.3	-0.97	0.22		0.23	-0.04	0.56	0.01	0.53	-0.06	-0.04	0.47	0.47	0.22	0.47	0.15	0.41	0.04	0.53	0.53	0.57
Non Current Assets Total	0.86	0.27	0.51	0.61	0.92	0.9	-0.16	0.84	0.23		0.25	0.77	0.84	0.58	0.29	0.28	0.55	0.61	0.67	0.83	0.29	0.56	0.57	0.67	0.68	0.4
Non Currrent Assets Other	0.37	0.57	0.68	0.39	0.26	0.36	0.18	0.53	-0.04	0.25		0.25	0.54	-0.15	-0.02	0.95	-0.52	0.41	0.64	0.38	0.71	0.16	-0.08	0.1	0.11	0.31
Cash And Short Term Investments	0.97	0.45	0.56	0.92	0.83	0.71	-0.46	0.78	0.56	0.77	0.25		0.67	0.53	0.01	0.26	0.46	0.92	0.66	0.98	0.37	0.42	0.64	0.64	0.65	0.81
Net Receivables	0.81	0.55	0.63	0.62	0.82	0.8	0.12	0.9	0.01	0.84	0.54	0.67		0.27	0.34	0.58	0.14	0.62	0.84	0.79	0.48	0.29	0.42	0.46	0.47	0.41
Common Stock Shares Outstanding	0.5	-0.19	0.13	0.34	0.56	0.4	-0.59	0.32	0.53	0.58	-0.15	0.53	0.27		0.16	-0.18	0.83	0.34	0.09	0.49	-0.3	0.42	0.56	0.96	0.96	0.29
Non Current Liabilities Total	0.12	-0.04	-0.02	-0.24	0.43	0.3	0.05	0.41	-0.06	0.29	-0.02	0.01	0.34	0.16		-0.05	0.25	-0.23	0.14	0.1	-0.1	0.38	0.01	0.16	0.16	-0.38
Inventory	0.39	0.69	0.72	0.47	0.22	0.36	0.2	0.5	-0.04	0.28	0.95	0.26	0.58	-0.18	-0.05		-0.56	0.48	0.72	0.39	0.73	0.02	-0.13	0.08	0.09	0.4
Other Stockholder Equity	0.41	-0.39	-0.12	0.16	0.56	0.4	-0.55	0.24	0.47	0.55	-0.52	0.46	0.14	0.83	0.25	-0.56		0.15	-0.09	0.39	-0.42	0.5	0.57	0.69	0.68	0.09
Total Liab	0.89	0.61	0.66	1.0	0.61	0.56	-0.34	0.65	0.47	0.61	0.41	0.92	0.62	0.34	-0.23	0.48	0.15		0.72	0.9	0.5	0.15	0.52	0.5	0.5	0.95
Property Plant And Equipment Gross	0.77	0.85	0.79	0.71	0.67	0.79	-0.04	0.82	0.22	0.67	0.64	0.66	0.84	0.09	0.14	0.72	-0.09	0.72		0.77	0.82	0.27	0.09	0.33	0.34	0.6
Total Current Assets	1.0	0.53	0.64	0.9	0.89	0.8	-0.35	0.88	0.47	0.83	0.38	0.98	0.79	0.49	0.1	0.39	0.39	0.9	0.77		0.47	0.45	0.59	0.63	0.64	0.76
Short Term Debt	0.46	0.78	0.66	0.48	0.33	0.57	0.01	0.56	0.15	0.29	0.71	0.37	0.48	-0.3	-0.1	0.73	-0.42	0.5	0.82	0.47		0.3	-0.25	-0.06	-0.05	0.44
Other Current Assets	0.47	-0.05	0.23	0.14	0.67	0.68	-0.43	0.58	0.41	0.56	0.16	0.42	0.29	0.42	0.38	0.02	0.5	0.15	0.27	0.45	0.3		0.22	0.44	0.44	-0.02
Accounts Payable	0.6	-0.18	0.11	0.53	0.55	0.33	-0.07	0.41	0.04	0.57	-0.08	0.64	0.42	0.56	0.01	-0.13	0.57	0.52	0.09	0.59	-0.25	0.22		0.54	0.54	0.36
Common Stock Total Equity	0.64	0.04	0.34	0.5	0.65	0.53	-0.54	0.49	0.53	0.67	0.1	0.64	0.46	0.96	0.16	0.08	0.69	0.5	0.33	0.63	-0.06	0.44	0.54		1.0	0.42
Common Stock	0.65	0.05	0.35	0.51	0.66	0.54	-0.54	0.5	0.53	0.68	0.11	0.65	0.47	0.96	0.16	0.09	0.68	0.5	0.34	0.64	-0.05	0.44	0.54	1.0		0.43
Current Deferred Revenue	0.74	0.58	0.58	0.95	0.39	0.37	-0.45	0.42	0.57	0.4	0.31	0.81	0.41	0.29	-0.38	0.4	0.09	0.95	0.6	0.76	0.44	-0.02	0.36	0.42	0.43

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Argan Account Relationship Matchups

Argan fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	602.6M	553.6M	489.5M	598.2M	688.0M	722.4M
Short Long Term Debt Total	2.1M	3.7M	1.6M	5.3M	6.1M	6.4M
Other Current Liab	45.7M	51.9M	48.3M	79.0M	90.8M	95.4M
Total Current Liabilities	276.1M	223.0M	202.5M	302.3M	347.6M	365.0M
Total Stockholder Equity	320.7M	326.4M	280.9M	290.9M	334.6M	351.3M
Property Plant And Equipment Net	24.1M	14.5M	16.5M	18.5M	21.3M	22.4M
Net Debt	(364.6M)	(346.8M)	(172.4M)	(191.7M)	(172.5M)	(163.9M)
Retained Earnings	166.1M	188.7M	207.8M	225.5M	259.3M	272.3M
Cash	366.7M	350.5M	173.9M	197.0M	226.6M	237.9M
Non Current Assets Total	56.4M	46.3M	50.8M	51.1M	58.7M	61.6M
Non Currrent Assets Other	249K	457K	3.7M	2.3M	2.6M	2.7M
Cash And Short Term Investments	456.7M	440.5M	325.5M	412.4M	474.3M	498.0M
Net Receivables	55.3M	31.9M	74.9M	95.5M	109.8M	115.3M
Common Stock Shares Outstanding	15.8M	15.9M	14.2M	13.5M	15.6M	8.1M
Liabilities And Stockholders Equity	602.6M	553.6M	489.5M	598.2M	688.0M	722.4M
Non Current Liabilities Total	4.1M	5.0M	6.1M	5.0M	5.8M	3.5M
Other Stockholder Equity	153.3M	137.8M	73.6M	66.7M	76.7M	62.3M
Total Liab	280.2M	228.0M	208.6M	307.3M	353.4M	371.1M
Property Plant And Equipment Gross	24.1M	14.5M	16.5M	40.1M	46.2M	48.5M
Total Current Assets	546.2M	507.3M	438.7M	547.2M	629.3M	660.7M
Short Term Debt	2.1M	1.4M	1.6M	2.7M	3.1M	3.3M
Other Current Assets	34.1M	34.2M	26.4M	11.0M	12.7M	8.6M
Accumulated Other Comprehensive Income	(1.1M)	(2.5M)	(2.9M)	(3.6M)	(3.2M)	(3.1M)
Accounts Payable	53.3M	41.8M	56.4M	39.5M	45.4M	29.8M
Common Stock Total Equity	2.3M	2.4M	2.4M	2.4M	2.7M	1.6M
Common Stock	2.3M	2.4M	2.4M	2.4M	2.7M	1.7M
Current Deferred Revenue	172.0M	127.9M	96.3M	181.1M	208.2M	218.6M
Other Assets	7.9M	249K	457K	3.7M	4.2M	4.5M
Property Plant Equipment	22.5M	20.4M	10.5M	10.4M	12.0M	7.7M
Short Term Investments	90.1M	90.0M	151.5M	215.4M	247.7M	260.1M
Intangible Assets	4.1M	3.3M	2.6M	2.2M	2.0M	4.0M
Other Liab	1.8M	4.1M	2.7M	2.9M	3.3M	3.5M
Net Tangible Assets	306.3M	288.6M	295.0M	250.3M	287.8M	248.8M
Noncontrolling Interest In Consolidated Entity	(196K)	1.8M	1.7M	(797K)	(916.6K)	(870.7K)
Retained Earnings Total Equity	189.3M	166.1M	188.7M	207.8M	239.0M	148.9M
Capital Surpluse	148.7M	153.3M	158.2M	162.2M	186.5M	142.9M

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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.

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Argan Capital Expenditures vs Net Income Analysis

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

Correlation Coefficient

Capital Expenditures

Net Income

Argan fundamental ratios Correlations

Argan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Argan fundamental ratios Accounts

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COMMON DESTINATIONS

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Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.98	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.97	Total Assets
Common Stock Total Equity	+ 0.96	Common Stock Shares Outstanding

Cash	- 0.97	Net Debt
Common Stock Shares Outstanding	- 0.59	Net Debt
Other Stockholder Equity	- 0.56	Inventory
Other Stockholder Equity	- 0.55	Net Debt
Common Stock	- 0.54	Net Debt
Common Stock Total Equity	- 0.54	Net Debt