Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Argan's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $290.9 Mil. Argan's Total Assets for the quarter that ended in Jan. 2024 was $598.2 Mil.
Therefore, Argan's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.49.
The historical rank and industry rank for Argan's Equity-to-Asset or its related term are showing as below:
AGX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.55 Max: 0.83
Current: 0.49
During the past 13 years, the highest Equity to Asset Ratio of Argan was 0.83. The lowest was 0.45. And the median was 0.55.
AGX's Equity-to-Asset is ranked better than 58.77% of 1676
companies
in the Construction industry
Industry Median: 0.44
vs AGX: 0.49
Argan Equity-to-Asset Historical Data
The historical data trend for Argan's Equity-to-Asset 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.
For the Engineering & Construction subindustry, Argan's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution
For the Construction industry and Industrials sector, Argan's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Argan's Equity-to-Asset falls into.
Argan Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Argan's Equity to Asset Ratio for the fiscal year 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 (NYSE:AGX) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Argan Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Argan's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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