Argan, Inc. (AGX) Financial Statements (2024 and earlier)

Company Profile

Business Address ONE CHURCH STREET SUITE 201
ROCKVILLE, MD 20850
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 17 - Construction Special Trade Contractors (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

10/31/2023
MRQ
1/31/2023
10/31/2022
MRQ
1/31/2022
1/31/2021
1/31/2020
1/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments325,458 440,498456,726327,862296,531
Cash and cash equivalents173,947 350,472366,671167,363164,318
Short-term investments151,511 90,02690,055160,499132,213
Receivables48,232 24,57828,71337,19236,174
Contract with customer, asset, after allowance for credit loss24,778 4,90426,63533,379 
Debt securities, available-for-sale, accrued interest, after allowance for credit loss    
Other current assets38,334 34,90434,14623,32225,286
Other undisclosed current assets1,900 2,400  58,357
Total current assets:438,702 507,284546,220421,755416,348
Noncurrent Assets
Operating lease, right-of-use asset4,800 4,0293,760 
Property, plant and equipment10,430 10,46020,36122,53919,778
Long-term investments and receivables1,200     
Long-term investments1,200     
Intangible assets, net (including goodwill)30,642 31,35532,04032,94438,975
Goodwill28,033 28,03327,94327,94332,838
Intangible assets, net (excluding goodwill)2,609 3,3224,0975,0016,137
Deferred income tax assets3,689 457249 
Other noncurrent assets      290
Deferred tax assets, net1,257
Other undisclosed noncurrent assets24   10,302 
Total noncurrent assets:50,785 46,30156,41065,78560,300
TOTAL ASSETS:489,487 553,585602,630487,540476,648
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities106,242 95,137104,04571,34973,927
Accounts payable56,375 41,82253,29535,44244,427
Accrued liabilities49,867 53,31550,75035,90729,500
Deferred revenue96,261 127,890172,042 
Contract with customer, liability72,685 
Other undisclosed current liabilities      8,349
Total current liabilities:202,503 223,027276,087144,03482,276
Noncurrent Liabilities
Liabilities, other than long-term debt3,215 4,9634,1352,476 
Other liabilities   4,9634,1352,476 
Operating lease, liability3,215    
Other undisclosed noncurrent liabilities2,872     
Total noncurrent liabilities:6,087 4,9634,1352,476 
Total liabilities:208,590 227,990280,222146,51082,276
Equity
Equity, attributable to parent280,897 326,392320,667339,249394,568
Common stock2,374 2,3682,3562,3462,337
Treasury stock, value(88,641) (20,405)   
Additional paid in capital162,208 158,190153,282148,713144,961
Accumulated other comprehensive loss(2,876) (2,451)(1,081)(1,116)(346)
Retained earnings207,832 188,690166,110189,306247,616
Equity, attributable to noncontrolling interest   (797)1,7411,781(196)
Total equity:280,897 325,595322,408341,030394,372
TOTAL LIABILITIES AND EQUITY:489,487 553,585602,630487,540476,648

Income Statement (P&L) ($ in thousands)

10/31/2023
TTM
1/31/2023
10/31/2022
TTM
1/31/2022
1/31/2021
1/31/2020
1/31/2019
Revenues455,040 509,370392,206238,997482,153
Cost of revenue(368,679) (409,638)(330,139)(245,817)(399,715)
Gross profit:86,361 99,73262,067(6,820)82,438
Operating expenses(44,692) (55,222)(39,041)(49,020)(42,201)
Operating income (loss):41,669 44,51023,026(55,840)40,237
Nonoperating income
(Other Nonoperating income)
4,331 2,5521,8598,0756,981
Income (loss) from continuing operations before income taxes:46,000 47,06224,885(47,765)47,218
Income tax expense (benefit)(11,296) (11,356)(1,074)7,0534,651
Income (loss) from continuing operations:34,704 35,70623,811(40,712)51,869
Income (loss) before gain (loss) on sale of properties:35,70623,811(40,712)51,869
Net income (loss):34,704 35,70623,811(40,712)51,869
Net income (loss) attributable to noncontrolling interest (1,606) 2,53840(1,977)167
Other undisclosed net loss attributable to parent      
Net income (loss) available to common stockholders, diluted:33,098 38,24423,851(42,689)52,036

Comprehensive Income ($ in thousands)

10/31/2023
TTM
1/31/2023
10/31/2022
TTM
1/31/2022
1/31/2021
1/31/2020
1/31/2019
Net income (loss):34,704 35,70623,811(40,712)51,869
Other undisclosed comprehensive income (loss)  1,16875(2,747)(1,601)
Comprehensive income (loss):34,704 36,87423,886(43,459)50,268
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (1,606) 2,53840(1,977)167
Other undisclosed comprehensive loss, net of tax, attributable to parent(425)     
Comprehensive income (loss), net of tax, attributable to parent:32,673 39,41223,926(45,436)50,435

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: