Argan, Inc. (AGX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Total Current Assets | 1.22B | 1.13B | 997.17M | 828.78M | 738.08M | 781.3M | 717.14M | 674.95M | 574.33M | 547.18M | 514.07M | 455.13M | 425M | 438.7M | 364.96M | 378.19M | 447.59M | 507.28M | 559.72M | 597.66M |
| Cash & Short-Term Investments | 973.55M | 894.98M | 726.82M | 572.19M | 546.46M | 525.14M | 506.28M | 484.68M | 416.36M | 412.4M | 397.51M | 346.42M | 316.94M | 325.46M | 286.63M | 318.99M | 367.48M | 440.5M | 481.56M | 491.48M |
| Cash Only | 355.85M | 339.48M | 306.29M | 177.85M | 189.25M | 145.26M | 175.35M | 232.69M | 207.74M | 197.03M | 185.57M | 204.8M | 195.95M | 173.95M | 136.06M | 143.34M | 192.25M | 350.47M | 391.56M | 451.42M |
| Short-Term Investments | 617.71M | 555.5M | 420.53M | 394.34M | 357.21M | 379.87M | 330.93M | 252M | 208.62M | 215.37M | 211.95M | 141.62M | 120.99M | 151.51M | 150.57M | 175.64M | 175.23M | 90.03M | 90M | 40.06M |
| Accounts Receivable | 130.81M | 177.07M | 213.39M | 241.12M | 172.34M | 240.14M | 195.21M | 159.69M | 132.6M | 95.52M | 75.31M | 65.28M | 65.69M | 74.91M | 49.45M | 33.57M | 42.93M | 31.88M | 45.7M | 68.5M |
| Days Sales Outstanding | 47.09 | 68.54 | 83.25 | 80 | 94.78 | 86.14 | 63.52 | 59.23 | 65.1 | 47.75 | 39.49 | 42.62 | 60.35 | 48.16 | 32.4 | 29.79 | 33.2 | 28.42 | 42.21 | 43.93 |
| Inventory | 0 | 10.98M | 6.76M | 1.26M | 1.18M | 320K | 3.44M | 8.21M | 9.57M | 9.98M | 12.45M | 12.84M | 0 | 11.9M | 0 | 0 | 0 | 738K | 0 | 0 |
| Days Inventory Outstanding | - | 4.15 | 1.81 | 0.58 | 0.43 | 0.94 | 2.52 | 4.18 | 6.28 | 7.3 | 8.05 | 10.04 | - | 11.09 | - | - | - | 0.66 | - | - |
| Other Current Assets | 111.75M | 43.44M | 43.89M | 6.92M | 9.72M | 9.95M | 5.66M | 14.1M | 6.21M | 4.97M | 6.14M | 6.86M | 42.38M | 6.56M | 28.88M | 25.64M | 37.18M | 1.76M | 32.45M | 37.68M |
| Total Non-Current Assets | 71.77M | 54.1M | 53.7M | 53.92M | 54.08M | 54.93M | 51.72M | 51.62M | 50.08M | 51.05M | 49.58M | 50.58M | 50.69M | 50.78M | 45.94M | 44.88M | 45.22M | 46.3M | 53.43M | 54.33M |
| Property, Plant & Equipment | 18.27M | 24.61M | 21.63M | 24.26M | 24.32M | 24.52M | 20.51M | 19.93M | 17.62M | 18.54M | 16.1M | 16.22M | 16.54M | 16.45M | 15.18M | 13.9M | 14.01M | 14.49M | 22.07M | 22.75M |
| Fixed Asset Turnover | 13.57x | 11.33x | 10.95x | 9.79x | 7.93x | 10.33x | 12.71x | 12.09x | 8.72x | 9.50x | 10.13x | 8.63x | 6.28x | 7.51x | 8.11x | 8.46x | 7.04x | 6.87x | 5.55x | 5.33x |
| Goodwill | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 28.03M | 27.94M | 27.94M |
| Intangible Assets | 1.38M | 1.45M | 1.53M | 1.63M | 1.73M | 1.83M | 1.92M | 2.02M | 2.12M | 2.22M | 2.31M | 2.41M | 2.51M | 2.61M | 2.73M | 2.94M | 3.17M | 3.32M | 3.42M | 3.64M |
| Long-Term Investments | 0 | 1.7M | 2.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 24.09M | -1.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 1.29B | 1.19B | 1.05B | 882.7M | 792.15M | 836.23M | 768.86M | 726.57M | 624.41M | 598.23M | 563.65M | 505.71M | 475.69M | 489.49M | 410.9M | 423.07M | 492.81M | 553.59M | 613.15M | 651.99M |
| Asset Turnover | 0.24x | 0.23x | 0.26x | 0.28x | 0.24x | 0.29x | 0.34x | 0.34x | 0.26x | 0.28x | 0.31x | 0.29x | 0.21x | 0.26x | 0.28x | 0.26x | 0.19x | 0.22x | 0.20x | 0.21x |
| Asset Growth % | 62.58% | 41.87% | 36.68% | 21.49% | 26.86% | 39.78% | 36.41% | 43.67% | 31.26% | 22.22% | 37.17% | 19.53% | -3.47% | -11.58% | -32.99% | -35.11% | -20.25% | -8.14% | 2.96% | 16.2% |
| Total Current Liabilities | 794.69M | 706.5M | 619.86M | 484.32M | 422.95M | 479.86M | 436.16M | 415.13M | 327.6M | 302.26M | 273.89M | 215.61M | 192.4M | 202.5M | 134.54M | 142.01M | 186.27M | 223.03M | 259.05M | 307.35M |
| Accounts Payable | 123.85M | 107.54M | 100.8M | 96.05M | 69.27M | 97.3M | 87.08M | 99.69M | 66.45M | 39.48M | 34.53M | 31.53M | 36.33M | 56.38M | 45.27M | 38.18M | 39.94M | 41.82M | 39.96M | 44.32M |
| Days Payables Outstanding | 44.8 | 48.78 | 44.34 | 39.3 | 47.27 | 45.88 | 40.4 | 39.01 | 34 | 24.08 | 21.03 | 26.54 | 46.12 | 47.35 | 40.12 | 38.34 | 45.18 | 36.4 | 39.43 | 37.45 |
| Short-Term Debt | 0 | 2.52M | 2.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 565.77M | 513.97M | 451.92M | 316.82M | 283.79M | 299.24M | 270.69M | 253.74M | 200.43M | 181.05M | 156.17M | 116.46M | 111.31M | 96.26M | 49.03M | 64.02M | 106.97M | 127.89M | 176.41M | 213.72M |
| Other Current Liabilities | 0 | 41.74M | 36.47M | 20.85M | 16.33M | 29.77M | 23.14M | 18.02M | 13.99M | 21.21M | 17.92M | 13.09M | 11.38M | 18.29M | 0 | 0 | 0 | 18.61M | 0 | 0 |
| Current Ratio | 1.53x | 1.60x | 1.61x | 1.71x | 1.75x | 1.63x | 1.64x | 1.63x | 1.75x | 1.81x | 1.88x | 2.11x | 2.21x | 2.17x | 2.71x | 2.66x | 2.40x | 2.27x | 2.16x | 1.94x |
| Quick Ratio | 1.53x | 1.59x | 1.60x | 1.71x | 1.74x | 1.63x | 1.64x | 1.61x | 1.72x | 1.78x | 1.83x | 2.05x | 2.21x | 2.11x | 2.71x | 2.66x | 2.40x | 2.27x | 2.16x | 1.94x |
| Cash Conversion Cycle | - | 23.91 | 40.71 | 41.27 | 47.93 | 41.2 | 25.64 | 24.39 | 37.38 | 30.97 | 26.51 | 26.12 | - | 11.9 | - | - | - | -7.33 | - | - |
| Total Non-Current Liabilities | 18.24M | 17.6M | 11.3M | 5.21M | 5.31M | 4.51M | 4M | 3.38M | 3.65M | 5.03M | 4.92M | 5.07M | 5.35M | 6.09M | 4.62M | 4.02M | 4.52M | 4.96M | 4.31M | 4.11M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 3.87M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 4.91M | 11.32M | 6.12M | 742K | 667K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 133K | 751K |
| Other Non-Current Liabilities | 13.33M | 2.41M | 5.18M | 4.46M | 4.64M | 4.51M | 4M | 3.38M | 3.65M | 5.03M | 4.92M | 5.07M | 5.35M | 6.09M | 4.62M | 4.02M | 4.52M | 4.96M | 4.18M | 3.36M |
| Total Liabilities | 812.93M | 724.09M | 631.16M | 489.53M | 428.26M | 484.37M | 440.16M | 418.51M | 331.25M | 307.29M | 278.82M | 220.67M | 197.75M | 208.59M | 139.16M | 146.03M | 190.8M | 227.99M | 263.36M | 311.45M |
| Total Debt | 0 | 6.39M | 2.63M | 2.38M | 2.68M | 2.71M | 2.65M | 3.7M | 3.28M | 2.73M | 1.45M | 1.53M | 1.49M | 1.57M | 0 | 0 | 0 | 1.37M | 0 | 0 |
| Net Debt | -355.85M | -333.09M | -303.67M | -175.47M | -186.57M | -142.55M | -172.7M | -228.99M | -204.46M | -194.31M | -184.12M | -203.26M | -194.46M | -172.38M | -136.06M | -143.34M | -192.25M | -349.11M | -391.56M | -451.42M |
| Debt / Equity | - | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | - | - | - | 0.00x | - | - |
| Debt / EBITDA | - | 0.13x | 0.08x | 0.08x | 0.10x | 0.07x | 0.07x | 0.19x | 0.46x | 0.22x | 0.17x | 0.11x | 0.35x | 0.15x | - | - | - | - | - | - |
| Net Debt / EBITDA | -6.62x | -6.90x | -9.16x | -5.55x | -7.20x | -3.69x | -4.67x | -11.90x | -28.81x | -15.78x | -21.80x | -14.70x | -45.45x | -16.62x | -12.97x | -9.97x | -18.96x | - | -25.11x | -24.53x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | 5.78x | - | - | - | - | 1.53x | - | - |
| Total Equity | 473.51M | 462.26M | 419.71M | 393.18M | 363.89M | 351.86M | 328.7M | 308.07M | 293.15M | 290.94M | 284.83M | 285.04M | 277.95M | 280.9M | 271.74M | 277.04M | 302.01M | 325.6M | 349.8M | 340.54M |
| Equity Growth % | 30.12% | 31.38% | 27.69% | 27.63% | 24.13% | 20.94% | 15.4% | 8.08% | 5.47% | 3.57% | 4.82% | 2.89% | -7.97% | -13.73% | -22.31% | -18.65% | -8.71% | 0.99% | 5.79% | 5.06% |
| Book Value per Share | 33.35 | 32.59 | 29.65 | 27.82 | 25.79 | 24.89 | 23.42 | 22.20 | 21.60 | 21.47 | 21.01 | 21.05 | 20.52 | 20.62 | 19.67 | 19.45 | 20.14 | 20.72 | 21.91 | 21.31 |
| Total Shareholders' Equity | 473.51M | 462.26M | 419.71M | 393.18M | 363.89M | 351.86M | 328.7M | 308.07M | 293.15M | 290.94M | 284.83M | 285.04M | 277.95M | 280.9M | 272.54M | 277.83M | 302.81M | 326.39M | 348.05M | 338.79M |
| Common Stock | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M | 2.37M |
| Retained Earnings | 445.25M | 406.2M | 363.96M | 340.28M | 310.18M | 292.7M | 266.33M | 243.52M | 229.36M | 225.51M | 217.49M | 216.01M | 206.58M | 207.83M | 197.57M | 193.21M | 192.46M | 188.69M | 190.31M | 181.86M |
| Treasury Stock | -134.97M | -114.36M | -113.59M | -114.52M | -114.02M | 0 | 0 | -99.64M | -97.73M | -97.53M | -93.53M | -92.33M | -89.88M | -88.64M | -83.66M | -73.57M | -47.48M | -20.41M | 0 | 0 |
| Accumulated OCI | -2.38M | 818K | -109K | -1.57M | -237K | -6.54M | -5.7M | -4.08M | -5.36M | -3.6M | -4.65M | -3.34M | -2.47M | -2.88M | -5.05M | -4.4M | -3.71M | -2.45M | -1.81M | -1.34M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -797K | -797K | -797K | -797K | 1.74M | 1.74M |