Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Argan's cash to debt ratio for the quarter that ended in Jan. 2024 was 151.29.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Argan could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.
The historical rank and industry rank for Argan's Cash-to-Debt or its related term are showing as below:
AGX'
s Cash-to-Debt Range Over the Past 10 Years
Min: 151.29 Med: No Debt Max: No Debt
Current: 151.29
During the past 13 years, Argan's highest Cash to Debt Ratio was No Debt. The lowest was 151.29. And the median was No Debt.
Argan Cash-to-Debt Historical Data
The historical data trend for Argan's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
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Argan Annual Data
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Trend |
Jan15 |
Jan16 |
Jan17 |
Jan18 |
Jan19 |
Jan20 |
Jan21 |
Jan22 |
Jan23 |
Jan24 |
| Cash-to-Debt |
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|
No Debt |
No Debt |
322.24 |
207.70 |
151.29 |
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Argan Quarterly Data
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Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Cash-to-Debt |
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207.70 |
No Debt |
225.68 |
274.72 |
151.29 |
Competitive Comparison
For the Engineering & Construction subindustry, Argan's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Argan Cash-to-Debt Distribution
For the Construction industry and Industrials sector, Argan's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Argan's Cash-to-Debt falls into.
Argan Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Argan's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 is calculated as:
Argan's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Argan (AGX) Business Description
Traded in Other Exchanges
Address
One Church Street, Suite 201, Rockville, MD, USA, 20850
Argan Inc is a United States-based company that primarily operates in the power industry services segment through its wholly-owned subsidiaries. Gemma Power Systems and affiliates, one of Argan's subsidiaries, contributed almost all Argan's sales. GPS is a contractor that provides a full range of engineering, procurement, and construction services for power-generating projects. GPS' works encompass complete plant design, construction, electrical interconnection, plant testing, and commissioning. Argan also generates a small portion of sales from industrial fabrication and field services, as well as telecommunication infrastructure services. It operates in three segments: Power Services, Industrial Services, and Telecom Services, out of which Power Services derive majority revenue.
Executives
| Cynthia Flanders |
director, officer: SVP & CFO |
10006 WILDWOOD ROAD, KENSINGTON MD 20895 |
| Jeffrey John Ronald Jr. |
director |
55 GRANDVIEW CIRCLE, MANHASSET NY 11030 |
| Griffin William F Jr |
director, officer: VC/CEO of Gemma Power Systems |
C/O GEMMA POWER SYSTEMS, LLC, 769 HEBRON AVENUE, GLASTONBURY CT 06033 |
| Mitchell W G Champion |
director |
NETWORK SOLUTIONS, INC., 3009 RIVER LANE, NEW BERN NC 28562 |
| David Hibbert Watson |
officer: SVP and CFO |
C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201, ROCKVILLE MD 20850 |
| Richard H Deily |
officer: Vice President |
C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201, ROCKVILLE MD 20850 |
| Peter W Getsinger |
director |
35 SNOW?S POINT, EDGARTOWN MA 02539 |
| James W Quinn |
director |
PUROFLOW INCORPORATED, ONE CHURCH STREET SUITE 302, ROCKVILLE MD 20850 |
| Trebilcock Terrance Colin |
officer: Co-President, Gemma Power Sys. |
64 SADDLE RIDGE ROAD, GLASTONBURY CT 06033 |
| Collins Charles Edwin Iv |
officer: Co-President, Gemma Power Sys. |
68 HICKORY DRIVE, SOUTH GLASTONBURY CT 06073 |
| Mano S Koilpillai |
director |
7380 IRA SEARS ROAD, ADAMSTOWN MD 21710 |
| James E Quinn |
director |
C/O TIFFANY & CO LEGAL DEPT, 727 FIFTH AVE, NEW YORK NY 10022 |
| Henry A Crumpton |
director |
2101 WILSON BLVD., SUITE 500, ARLINGTON VA 20005 |
| William F. Leimkuhler |
director |
43 SALEM STRAITS RD, DARIEN CT 06820 |
| Rainer H Bosselmann |
director, officer: Chairman of the Board and CEO |
PUROFLOW INCORPORATED, ONE CHURCH STREET SUITE 302, ROCKVILLE MD 20850 |
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