Argan SA (ARG) — Financial Flexibility Index

Latest as of June 2026: 0.04x

Argan SA (ARG) has a Financial Flexibility Index of 0.04x as of June 2026. Free cash flow of €96.28 Million (operating CF €96.27 Million minus capex €7.00K) represents 0% of total liabilities (€2.37 Billion). Check Argan SA (ARG) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

€96.28 Million
Operating CF − Capex

Total Liabilities

€2.37 Billion
EUR

Capital Expenditures

€7.00K
EUR

Argan SA Financial Flexibility Index (2009–2025)

Historical Financial Flexibility Index trend for Argan SA across 17 annual periods. For the full cash flow conversion analysis, see ARG cash flow metrics.

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

Year-by-year free cash flow to debt coverage for Argan SA. Explore cash flow to debt ratio of Argan SA to assess how comfortably operating cash covers total debt obligations.

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