Argan Inc (AGX) — Tangible Net Worth Ratio
Argan Inc (AGX) has a Tangible Net Worth Ratio of 99.7% as of April 2026. This metric is calculated by deducting intangible assets ($1.38 Million) from net assets ($474.95 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See shareholders equity of Argan Inc for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Argan Inc Tangible Net Worth Ratio (1988–2026)
This chart shows how Argan Inc's Tangible Net Worth Ratio has changed across 38 annual periods from 1988 to 2026. As of April 2026, the ratio stands at 99.7%, reflecting net assets of $474.95 Million with intangible assets of $1.38 Million USD. Also explore Argan Inc net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Argan Inc (1988–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Argan Inc from 1988 to 2026, covering 38 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Argan Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 99.7% | $462.26 Million | $1.45 Million | $1.19 Billion | ▲ +0.2 pp |
| 2025 | 99.5% | $351.86 Million | $1.83 Million | $836.23 Million | ▲ +0.2 pp |
| 2024 | 99.2% | $290.94 Million | $2.22 Million | $598.23 Million | ▲ +0.2 pp |
| 2023 | 99.1% | $280.90 Million | $2.61 Million | $489.49 Million | ▲ +0.1 pp |
| 2022 | 99.0% | $325.60 Million | $3.32 Million | $553.59 Million | ▲ +0.3 pp |
| 2021 | 98.7% | $322.41 Million | $4.10 Million | $602.63 Million | ▲ +0.2 pp |
| 2020 | 98.5% | $341.03 Million | $5.00 Million | $487.54 Million | ▲ +0.1 pp |
| 2019 | 98.4% | $394.37 Million | $6.14 Million | $476.65 Million | ▲ +0.4 pp |
| 2018 | 98.0% | $358.13 Million | $7.15 Million | $542.67 Million | ▲ +0.8 pp |
| 2017 | 97.2% | $292.57 Million | $8.18 Million | $644.49 Million | ▲ +1.4 pp |
| 2016 | 95.8% | $221.85 Million | $9.34 Million | $409.79 Million | ▼ -3.2 pp |
| 2015 | 98.9% | $174.95 Million | $1.84 Million | $391.19 Million | ▲ +0.3 pp |
| 2014 | 98.7% | $157.78 Million | $2.09 Million | $323.31 Million | ▲ +0.6 pp |
| 2013 | 98.0% | $119.17 Million | $2.33 Million | $234.72 Million | ▲ +0.6 pp |
| 2012 | 97.5% | $100.96 Million | $2.57 Million | $205.25 Million | ▲ +0.4 pp |
| 2011 | 97.0% | $97.64 Million | $2.91 Million | $130.54 Million | ▲ +0.7 pp |
| 2010 | 96.3% | $88.37 Million | $3.26 Million | $120.27 Million | ▲ +0.9 pp |
| 2009 | 95.4% | $79.11 Million | $3.65 Million | $135.16 Million | ▲ +8.0 pp |
| 2008 | 87.4% | $41.87 Million | $5.30 Million | $145.86 Million | ▲ +15.8 pp |
| 2007 | 71.6% | $44.51 Million | $12.66 Million | $121.13 Million | ▲ +6.9 pp |
| 2006 | 64.6% | $11.69 Million | $4.13 Million | $23.62 Million | ▲ +51.0 pp |
| 2005 | 13.6% | $15.50 Million | $13.39 Million | $25.26 Million | ▼ -68.1 pp |
| 2004 | 81.7% | $12.87 Million | $2.36 Million | $16.75 Million | ▼ -18.3 pp |
| 2003 | 100.0% | $3.80 Million | $0.00 | $4.63 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $3.48 Million | $0.00 | $4.95 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $4.00 Million | $0.00 | $5.61 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $4.02 Million | $0.00 | $5.46 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $4.85 Million | $0.00 | $6.48 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $3.98 Million | $0.00 | $5.05 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $3.49 Million | $0.00 | $4.09 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $1.08 Million | $0.00 | $3.96 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $2.30 Million | $0.00 | $7.30 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $1.80 Million | $0.00 | $7.90 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $3.70 Million | $0.00 | $8.40 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $2.70 Million | $0.00 | $7.20 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $1.80 Million | $0.00 | $4.80 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $1.20 Million | $0.00 | $4.20 Million | ▲ +0.0 pp |
| 1988 | 100.0% | $900.00K | $0.00 | $4.70 Million | — |