Argan SA (ARG) — Financial Flexibility Index

Latest as of December 2025: 0.05x

Argan SA (ARG) has a Financial Flexibility Index of 0.05x as of December 2025. Free cash flow of €92.80 Million (operating CF €90.06 Million minus capex €2.75 Million) represents 0% of total liabilities (€1.91 Billion). Check asset allocation strategy of Argan SA to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

€92.80 Million
Operating CF − Capex

Total Liabilities

€1.91 Billion
EUR

Capital Expenditures

€2.75 Million
EUR

Argan SA Financial Flexibility Index (2009–2025)

Historical Financial Flexibility Index trend for Argan SA across 17 annual periods. See ARG working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Argan SA (2009–2025)

Year-by-year free cash flow to debt coverage for Argan SA. For the full company profile including market capitalisation, see Argan SA stock valuation.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.11x €210.44 Million €198.97 Million €1.91 Billion ▲ +26.4%
2024 0.09x €173.84 Million €173.68 Million €2.00 Billion ▲ +0.3%
2023 0.09x €186.42 Million €186.29 Million €2.15 Billion ▲ +33.0%
2022 0.07x €142.48 Million €135.92 Million €2.18 Billion ▼ -17.5%
2021 0.08x €184.91 Million €172.19 Million €2.34 Billion ▼ -63.5%
2020 0.22x €415.59 Million €131.75 Million €1.92 Billion ▲ +176.8%
2019 0.08x €133.88 Million €13.69 Million €1.71 Billion ▼ -74.7%
2018 0.31x €271.94 Million €81.25 Million €879.07 Million ▲ +9.6%
2017 0.28x €255.02 Million €88.11 Million €903.83 Million ▲ +25.5%
2016 0.22x €163.32 Million €49.62 Million €726.55 Million ▲ +49.6%
2015 0.15x €114.23 Million €64.03 Million €760.24 Million ▼ -8.4%
2014 0.16x €117.51 Million €67.27 Million €716.12 Million ▲ +53.4%
2013 0.11x €78.60 Million €54.35 Million €734.93 Million ▼ -41.4%
2012 0.18x €117.94 Million €47.28 Million €646.12 Million ▲ +21.8%
2011 0.15x €80.51 Million €31.32 Million €537.46 Million ▲ +75.4%
2010 0.09x €37.99 Million €31.24 Million €444.85 Million ▲ +13.0%
2009 0.08x €24.42 Million €20.62 Million €323.14 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities