Argan Total Cash From Operating Activities vs Gross Profit Margin Analysis

AGX Stock  USD 144.73  3.43  2.32%   
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 Total Cash From Operating Activities and its Gross Profit Margin 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.

Total Cash From Operating Activities vs Gross Profit Margin

Total Cash From Operating Activities vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argan Inc Total Cash From Operating Activities account and Gross Profit Margin. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Argan's Total Cash From Operating Activities and Gross Profit Margin is 0.14. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Gross Profit Margin 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 Total Cash From Operating Activities and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Argan Inc are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Cash From Operating Activities i.e., Argan's Total Cash From Operating Activities and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Cash From Operating Activities

Gross Profit Margin

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 10.83 in 2024, despite the fact that Discontinued Operations is likely to grow to (243.7 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses47.3M44.7M44.4M46.6M
Cost Of Revenue409.6M368.7M492.5M517.1M

Argan fundamental ratios Correlations

0.250.540.860.90.79-0.420.870.350.850.220.970.770.560.140.220.550.860.721.00.250.530.680.680.690.68
0.250.470.310.140.15-0.110.280.10.050.230.230.2-0.08-0.030.32-0.220.320.530.270.550.04-0.150.190.190.31
0.540.470.550.410.43-0.120.510.020.440.580.470.510.14-0.030.62-0.010.560.690.540.440.290.150.350.360.45
0.860.310.550.560.48-0.440.560.360.560.230.910.520.39-0.260.30.31.00.610.880.240.180.610.530.540.94
0.90.140.410.560.88-0.330.940.290.910.150.820.810.60.450.090.660.560.650.880.190.710.590.670.680.32
0.790.150.430.480.88-0.260.860.210.890.250.670.770.430.330.230.510.490.780.770.480.730.360.540.550.27
-0.42-0.11-0.12-0.44-0.33-0.26-0.16-0.98-0.20.14-0.530.08-0.590.050.16-0.54-0.44-0.13-0.44-0.08-0.43-0.06-0.55-0.55-0.56
0.870.280.510.560.940.86-0.160.10.830.430.750.880.340.450.370.360.570.790.850.40.650.470.510.520.3
0.350.10.020.360.290.21-0.980.10.16-0.220.47-0.160.64-0.04-0.260.580.360.010.370.040.440.090.590.590.47
0.850.050.440.560.910.89-0.20.830.160.140.750.830.620.310.160.650.570.640.820.140.60.610.690.690.32
0.220.230.580.230.150.250.140.43-0.220.140.110.42-0.2-0.020.94-0.490.250.520.230.560.19-0.080.070.070.13
0.970.230.470.910.820.67-0.530.750.470.750.110.610.580.020.090.590.910.60.980.180.470.70.670.680.78
0.770.20.510.520.810.770.080.88-0.160.830.420.610.30.390.450.270.520.790.750.220.340.490.480.490.26
0.56-0.080.140.390.60.43-0.590.340.640.62-0.20.580.30.16-0.240.870.380.080.54-0.30.420.570.940.930.32
0.14-0.03-0.03-0.260.450.330.050.45-0.040.31-0.020.020.390.16-0.060.25-0.260.180.11-0.120.380.010.160.16-0.42
0.220.320.620.30.090.230.160.37-0.260.160.940.090.45-0.24-0.06-0.540.310.590.220.540.04-0.150.050.050.22
0.55-0.22-0.010.30.660.51-0.540.360.580.65-0.490.590.270.870.25-0.540.290.040.53-0.330.510.580.710.710.2
0.860.320.561.00.560.49-0.440.570.360.570.250.910.520.38-0.260.310.290.620.880.250.190.60.530.530.94
0.720.530.690.610.650.78-0.130.790.010.640.520.60.790.080.180.590.040.620.720.630.360.130.350.360.47
1.00.270.540.880.880.77-0.440.850.370.820.230.980.750.540.110.220.530.880.720.260.510.670.670.680.71
0.250.550.440.240.190.48-0.080.40.040.140.560.180.22-0.3-0.120.54-0.330.250.630.260.45-0.25-0.05-0.050.19
0.530.040.290.180.710.73-0.430.650.440.60.190.470.340.420.380.040.510.190.360.510.450.220.440.440.0
0.68-0.150.150.610.590.36-0.060.470.090.61-0.080.70.490.570.01-0.150.580.60.130.67-0.250.220.530.530.41
0.680.190.350.530.670.54-0.550.510.590.690.070.670.480.940.160.050.710.530.350.67-0.050.440.531.00.43
0.690.190.360.540.680.55-0.550.520.590.690.070.680.490.930.160.050.710.530.360.68-0.050.440.531.00.44
0.680.310.450.940.320.27-0.560.30.470.320.130.780.260.32-0.420.220.20.940.470.710.190.00.410.430.44
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Argan Account Relationship Matchups

Argan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets487.5M602.6M553.6M489.5M598.2M628.1M
Other Current Liab34.3M45.7M51.9M48.3M79.0M82.9M
Total Current Liabilities144.0M276.1M223.0M202.5M302.3M317.4M
Total Stockholder Equity339.2M320.7M326.4M280.9M290.9M305.5M
Property Plant And Equipment Net24.9M24.1M14.5M16.5M18.5M19.5M
Net Debt(165.2M)(364.6M)(346.8M)(172.4M)(191.7M)(182.1M)
Retained Earnings189.3M166.1M188.7M207.8M225.5M236.8M
Cash167.4M366.7M350.5M173.9M197.0M101.4M
Non Current Assets Total65.8M56.4M46.3M50.8M51.1M53.6M
Non Currrent Assets Other408K249K457K3.7M2.3M2.4M
Cash And Short Term Investments327.9M456.7M440.5M325.5M412.4M433.0M
Net Receivables70.6M55.3M31.9M74.9M95.5M100.3M
Common Stock Shares Outstanding15.6M15.8M15.9M14.2M13.5M8.1M
Liabilities And Stockholders Equity487.5M602.6M553.6M489.5M598.2M628.1M
Non Current Liabilities Total2.5M4.1M5.0M6.1M5.0M3.5M
Other Stockholder Equity148.7M153.3M137.8M73.6M66.7M62.3M
Total Liab146.5M280.2M228.0M208.6M307.3M322.7M
Property Plant And Equipment Gross22.5M24.1M14.5M16.5M40.1M42.1M
Total Current Assets421.8M546.2M507.3M438.7M547.2M574.5M
Short Term Debt1.6M2.1M1.4M1.6M2.7M1.6M
Other Current Assets23.3M34.1M34.2M26.4M11.0M8.6M
Accumulated Other Comprehensive Income(1.1M)(1.1M)(2.5M)(2.9M)(3.6M)(3.4M)
Accounts Payable35.4M53.3M41.8M56.4M39.5M29.8M
Common Stock Total Equity2.3M2.4M2.4M2.4M2.7M1.6M
Common Stock2.3M2.4M2.4M2.4M2.7M1.7M
Current Deferred Revenue72.7M172.0M127.9M96.3M181.1M190.1M
Other Assets7.9M249K457K3.7M4.2M4.5M
Property Plant Equipment22.5M20.4M10.5M10.4M12.0M7.7M
Good Will34.3M32.8M27.9M28.0M32.2M24.6M
Short Term Investments160.5M90.1M90.0M151.5M215.4M226.1M
Intangible Assets5.0M4.1M3.3M2.6M2.2M4.0M
Other Liab1.8M4.1M2.7M2.9M3.3M3.5M
Net Tangible Assets306.3M288.6M295.0M250.3M287.8M248.8M
Noncontrolling Interest In Consolidated Entity(196K)1.8M1.7M(797K)(916.6K)(870.7K)
Retained Earnings Total Equity189.3M166.1M188.7M207.8M239.0M148.9M
Capital Surpluse148.7M153.3M158.2M162.2M186.5M142.9M

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