Argan Inc (AGX) — Net Asset Quality Index
Argan Inc (AGX) has a Net Asset Quality Index of 36.9% as of April 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.29 Billion minus total liabilities of $812.93 Million yields net assets of $474.95 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read AGX total debt and obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Argan Inc Net Asset Quality Index Over Time (1988–2026)
This chart shows how Argan Inc's Net Asset Quality Index has evolved across 38 annual periods from 1988 to 2026. As of April 2026, the index stands at 36.9%, representing net assets of $474.95 Million against total assets of $1.29 Billion USD. For live market cap and overall valuation, see AGX company net worth.
Annual Net Asset Quality Index for Argan Inc (1988–2026)
The table below presents the year-by-year Net Asset Quality Index for Argan Inc from 1988 to 2026, covering 38 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check strategic asset allocation of Argan Inc to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 39.0% | $462.26 Million | $1.19 Billion | $724.09 Million | ▼ -3.1 pp |
| 2025 | 42.1% | $351.86 Million | $836.23 Million | $484.37 Million | ▼ -6.6 pp |
| 2024 | 48.6% | $290.94 Million | $598.23 Million | $307.29 Million | ▼ -8.8 pp |
| 2023 | 57.4% | $280.90 Million | $489.49 Million | $208.59 Million | ▼ -1.4 pp |
| 2022 | 58.8% | $325.60 Million | $553.59 Million | $227.99 Million | ▲ +5.3 pp |
| 2021 | 53.5% | $322.41 Million | $602.63 Million | $280.22 Million | ▼ -16.4 pp |
| 2020 | 69.9% | $341.03 Million | $487.54 Million | $146.51 Million | ▼ -12.8 pp |
| 2019 | 82.7% | $394.37 Million | $476.65 Million | $82.28 Million | ▲ +16.7 pp |
| 2018 | 66.0% | $358.13 Million | $542.67 Million | $184.54 Million | ▲ +20.6 pp |
| 2017 | 45.4% | $292.57 Million | $644.49 Million | $351.92 Million | ▼ -8.7 pp |
| 2016 | 54.1% | $221.85 Million | $409.79 Million | $187.94 Million | ▲ +9.4 pp |
| 2015 | 44.7% | $174.95 Million | $391.19 Million | $216.24 Million | ▼ -4.1 pp |
| 2014 | 48.8% | $157.78 Million | $323.31 Million | $165.53 Million | ▼ -2.0 pp |
| 2013 | 50.8% | $119.17 Million | $234.72 Million | $115.56 Million | ▲ +1.6 pp |
| 2012 | 49.2% | $100.96 Million | $205.25 Million | $104.29 Million | ▼ -25.6 pp |
| 2011 | 74.8% | $97.64 Million | $130.54 Million | $32.90 Million | ▲ +1.3 pp |
| 2010 | 73.5% | $88.37 Million | $120.27 Million | $31.91 Million | ▲ +14.9 pp |
| 2009 | 58.5% | $79.11 Million | $135.16 Million | $56.06 Million | ▲ +29.8 pp |
| 2008 | 28.7% | $41.87 Million | $145.86 Million | $104.00 Million | ▼ -8.0 pp |
| 2007 | 36.7% | $44.51 Million | $121.13 Million | $76.62 Million | ▼ -12.7 pp |
| 2006 | 49.5% | $11.69 Million | $23.62 Million | $11.94 Million | ▼ -11.9 pp |
| 2005 | 61.4% | $15.50 Million | $25.26 Million | $9.76 Million | ▼ -15.5 pp |
| 2004 | 76.8% | $12.87 Million | $16.75 Million | $3.88 Million | ▼ -5.1 pp |
| 2003 | 81.9% | $3.80 Million | $4.63 Million | $838.00K | ▲ +11.6 pp |
| 2002 | 70.3% | $3.48 Million | $4.95 Million | $1.47 Million | ▼ -1.0 pp |
| 2001 | 71.3% | $4.00 Million | $5.61 Million | $1.61 Million | ▼ -2.3 pp |
| 2000 | 73.6% | $4.02 Million | $5.46 Million | $1.44 Million | ▼ -1.3 pp |
| 1999 | 74.9% | $4.85 Million | $6.48 Million | $1.63 Million | ▼ -4.0 pp |
| 1998 | 78.9% | $3.98 Million | $5.05 Million | $1.07 Million | ▼ -6.3 pp |
| 1997 | 85.2% | $3.49 Million | $4.09 Million | $605.88K | ▲ +57.9 pp |
| 1996 | 27.3% | $1.08 Million | $3.96 Million | $2.88 Million | ▼ -4.2 pp |
| 1994 | 31.5% | $2.30 Million | $7.30 Million | $5.00 Million | ▲ +8.7 pp |
| 1993 | 22.8% | $1.80 Million | $7.90 Million | $6.10 Million | ▼ -21.3 pp |
| 1992 | 44.0% | $3.70 Million | $8.40 Million | $4.70 Million | ▲ +6.5 pp |
| 1991 | 37.5% | $2.70 Million | $7.20 Million | $4.50 Million | ▲ +0.0 pp |
| 1990 | 37.5% | $1.80 Million | $4.80 Million | $3.00 Million | ▲ +8.9 pp |
| 1989 | 28.6% | $1.20 Million | $4.20 Million | $3.00 Million | ▲ +9.4 pp |
| 1988 | 19.1% | $900.00K | $4.70 Million | $3.80 Million | — |