Argan (AGX) Cash-to-Debt : 191.19 (As of Oct. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Argan Cash-to-Debt?

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 Oct. 2024 was 191.19.

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 Oct. 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: 126.86 Med: No Debt Max: No Debt
Current: 191.19

During the past 13 years, Argan's highest Cash to Debt Ratio was No Debt. The lowest was 126.86. And the median was No Debt.

AGX's Cash-to-Debt is ranked better than
94.76% of 1716 companies
in the Construction industry
Industry Median: 0.63 vs AGX: 191.19

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.

* Premium members only.

Argan Cash-to-Debt Chart

Argan Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

322.24

207.70

151.29

No Debt

Argan Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Cash-to-Debt	Get a 7-Day Free Trial															151.29	126.86	131.14	191.19	No Debt

Competitive Comparison of Argan's Cash-to-Debt

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's Cash-to-Debt Distribution in the Construction Industry

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.

Save Embed

;

Save Embed

;

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:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	412.405	/	(2.726	+	0)
	=	151.29

Argan's Cash to Debt Ratio for the quarter that ended in Oct. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	506.282	/	(2.648	+	0)
	=	191.19

Argan (NYSE:AGX) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Argan Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Argan's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Argan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Argan Inc (NYSE:AGX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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

Address

One Church Street, Suite 201, Rockville, MD, USA, 20850

Website

https://www.arganinc.com

Argan Inc is a United States-base 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 derive majority revenue.

Executives

Peter W Getsinger	director	35 SNOW?S POINT, EDGARTOWN MA 02539
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
Rainer H Bosselmann	director, officer: Chairman of the Board and CEO	PUROFLOW INCORPORATED, ONE CHURCH STREET SUITE 302, ROCKVILLE MD 20850
Cynthia Flanders	director, officer: SVP & CFO	10006 WILDWOOD ROAD, KENSINGTON MD 20895
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