Argan SA (ARG) — Cash Flow Quality Index

Latest as of June 2026: 0.62x

Argan SA (ARG) has a Cash Flow Quality Index of 0.62x as of June 2026. Operating cash flow of €96.27 Million is below net income of €156.20 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore ARG cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.62x
Operating CF / Net Income

Operating Cash Flow

€96.27 Million
EUR

Net Income

€156.20 Million
EUR

Data as of

Jun 2026
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. For the full cash flow conversion analysis, see ARG cash generation efficiency.

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

Year-by-year earnings quality comparison for 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.