Argan (AGX) Cash And Cash Equivalents : $145.3 Mil (As of Jan. 2025)

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What is Argan Cash And Cash Equivalents?

Argan's quarterly cash and cash equivalents declined from Jul. 2024 ($232.69 Mil) to Oct. 2024 ($175.35 Mil) but then stayed the same from Oct. 2024 ($175.35 Mil) to Jan. 2025 ($145.26 Mil).

Argan's annual cash and cash equivalents increased from Jan. 2023 ($173.95 Mil) to Jan. 2024 ($197.03 Mil) but then declined from Jan. 2024 ($197.03 Mil) to Jan. 2025 ($145.26 Mil).

Argan Cash And Cash Equivalents Historical Data

The historical data trend for Argan's Cash And Cash Equivalents 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.

* Premium members only.

Argan Cash And Cash Equivalents Chart

Argan Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Cash And Cash Equivalents

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366.67

350.47

173.95

197.03

145.26

Argan Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Cash And Cash Equivalents	Get a 7-Day Free Trial															197.03	207.74	232.69	175.35	145.26

Argan Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Argan (NYSE:AGX) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Argan Cash And Cash Equivalents Related Terms

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Argan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Argan Inc (NYSE:AGX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

0HHO:UK 1AW:Germany 1AW:Germany

Address

4075 Wilson Boulevard, Suite 440, Arlington, VA, USA, 22203

Website

https://www.arganinc.com

Argan Inc is a United States-based construction firm that conducts operations through its wholly-owned subsidiaries, GPS, APC, TRC, and SMC. Through GPS and APC it provides a full range of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector, for a wide range of customers, including independent power project owners, public utilities, power plant heavy equipment suppliers and other commercial firms with power requirements in the U.S., Ireland and the U.K. It operates in three segments: Power Services, Industrial Services, and Telecom Services, out of which Power Services derives the majority of revenue.

Executives

Peter W Getsinger	director	35 SNOW?S POINT, EDGARTOWN MA 02539
Cynthia Flanders	director, officer: SVP & CFO	10006 WILDWOOD ROAD, KENSINGTON MD 20895
Rainer H Bosselmann	director, officer: Chairman of the Board and CEO	PUROFLOW INCORPORATED, ONE CHURCH STREET SUITE 302, ROCKVILLE MD 20850
Richard H Deily	officer: Vice President	C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201, ROCKVILLE MD 20850
David Hibbert Watson	officer: SVP and CFO	C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201, ROCKVILLE MD 20850
Griffin William F Jr	director, officer: VC/CEO of Gemma Power Systems	C/O GEMMA POWER SYSTEMS, LLC, 769 HEBRON AVENUE, GLASTONBURY CT 06033
William F. Leimkuhler	director	43 SALEM STRAITS RD, DARIEN CT 06820
James W Quinn	director	PUROFLOW INCORPORATED, ONE CHURCH STREET SUITE 302, ROCKVILLE MD 20850
Mano S Koilpillai	director	7380 IRA SEARS ROAD, ADAMSTOWN MD 21710
Mitchell W G Champion	director	NETWORK SOLUTIONS, INC., 3009 RIVER LANE, NEW BERN NC 28562
Jeffrey John Ronald Jr.	director	55 GRANDVIEW CIRCLE, MANHASSET NY 11030
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
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