Argan SA (ARG) — Cash Flow Quality Index

Latest as of December 2025: 0.82x

Argan SA (ARG) has a Cash Flow Quality Index of 0.82x as of December 2025. Operating cash flow of €90.06 Million is below net income of €109.31 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore long-term investment intensity of Argan SA to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.82x
Operating CF / Net Income

Operating Cash Flow

€90.06 Million
EUR

Net Income

€109.31 Million
EUR

Data as of

Dec 2025
Most recent filing

Argan SA Cash Flow Quality Index (2010–2025)

Historical Cash Flow Quality Index for Argan SA across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Argan SA tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Argan SA (2010–2025)

Year-by-year earnings quality comparison for Argan SA. For live market cap and the full company financial profile, see market value of Argan SA.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 0.81x €198.97 Million €245.19 Million ▲ +16.6%
2024 0.70x €173.68 Million €249.60 Million ▼ -51.4%
2022 1.43x €135.92 Million €94.87 Million ▲ +462.7%
2021 0.25x €172.19 Million €676.30 Million ▼ -46.1%
2020 0.47x €131.75 Million €278.86 Million ▲ +642.2%
2019 0.06x €13.69 Million €215.04 Million ▼ -88.7%
2018 0.56x €81.25 Million €144.53 Million ▼ -41.5%
2017 0.96x €88.11 Million €91.68 Million ▲ +84.5%
2016 0.52x €49.62 Million €95.25 Million ▼ -59.6%
2015 1.29x €64.03 Million €49.70 Million ▼ -21.8%
2014 1.65x €67.27 Million €40.81 Million ▼ -14.2%
2013 1.92x €54.35 Million €28.30 Million ▲ +5.8%
2012 1.82x €47.28 Million €26.04 Million ▲ +14.6%
2011 1.58x €31.32 Million €19.76 Million ▲ +104.9%
2010 0.77x €31.24 Million €40.38 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.