Argan Debt-to-Equity Ratio Growth & History (AGX)
Argan's debt-to-equity ratio was 0.01 for fiscal 2025.
View full Argan company overviewArgan annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | 0.01 | −0.00 | −8.24% |
| 2024 | 2025-01-31 | 0.02 | −0.00 | −17.62% |
| 2023 | 2024-01-31 | 0.02 | 0.00 | +7.37% |
| 2022 | 2023-01-31 | 0.02 | 0.01 | +51.98% |
| 2021 | 2022-01-31 | 0.01 | 0.00 | +6.55% |
| 2020 | 2021-01-31 | 0.01 | 0.00 | +61.37% |
| 2019 | 2020-01-31 | 0.01 | — | — |
Argan quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-31 | 0.02 | 0.02 | +256.06% |
| Q1 2026 | 2026-04-30 | 0.02 | 0.01 | +174.83% |
| Q4 2025 | 2026-01-31 | 0.01 | −0.00 | −8.24% |
| Q3 2025 | 2025-10-31 | 0.01 | — | — |
| Q2 2025 | 2025-07-31 | 0.01 | — | — |
| Q1 2025 | 2025-04-30 | 0.01 | — | — |
| Q4 2024 | 2025-01-31 | 0.02 | −0.00 | −17.62% |
| Q4 2023 | 2024-01-31 | 0.02 | 0.00 | +7.37% |
| Q3 2023 | 2023-10-31 | 0.01 | 0.00 | +46.13% |
| Q2 2023 | 2023-07-31 | 0.02 | 0.01 | +54.12% |
| Q1 2023 | 2023-04-30 | 0.02 | 0.01 | +63.82% |
| Q4 2022 | 2023-01-31 | 0.02 | 0.01 | +51.98% |
| Q3 2022 | 2022-10-31 | 0.01 | 0.00 | +19.38% |
| Q2 2022 | 2022-07-31 | 0.01 | 0.00 | +47.58% |
| Q1 2022 | 2022-04-30 | 0.01 | 0.00 | +3.44% |
| Q4 2021 | 2022-01-31 | 0.01 | 0.00 | +6.55% |
| Q3 2021 | 2021-10-31 | 0.01 | −0.00 | −15.74% |
| Q2 2021 | 2021-07-31 | 0.01 | −0.00 | −30.18% |
| Q1 2021 | 2021-04-30 | 0.01 | 0.00 | +52.91% |
| Q4 2020 | 2021-01-31 | 0.01 | 0.00 | +61.37% |
| Q3 2020 | 2020-10-31 | 0.01 | 0.01 | +163.38% |
| Q2 2020 | 2020-07-31 | 0.01 | 0.01 | +250.31% |
| Q1 2020 | 2020-04-30 | 0.01 | 0.00 | +94.93% |
| Q4 2019 | 2020-01-31 | 0.01 | — | — |
| Q3 2019 | 2019-10-31 | 0.00 | — | — |
| Q2 2019 | 2019-07-31 | 0.00 | — | — |
| Q1 2019 | 2019-04-30 | 0.00 | — | — |
Argan debt-to-equity ratio trends
Over the last five fiscal years, Argan's debt-to-equity ratio increased from 0.01 to 0.01, a change of 0.00. The latest reported quarter, Q2 2026, shows 0.02.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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