On this page of Benford's Law Stocks.com we present our study of ARGAN INC — ticker symbol AGX. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 4/14/2020 to 12/5/2024 for ARGAN INC under CIK number 0000100591. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for AGX, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for ARGAN INC based on the past AGX filings our system processed in the past.
30.0
19.4
12.6
8.6
8.9
4.5
5.2
4.4
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, AGX stockholder letter ]
Total numbers found: 847
Recent share count: 13,499,650 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
847
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
65

Starting from a possible score of 100, we made the following score deductions:
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the company's typical historical range.
 • We deducted point upon observing the 6's percentage was below the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
AGX
Low score compared to other filers, falling in the bottom quartile.
RXO
SBXD.U
BHIL
HVT
MUGH
LGCY
ALX
EXPD
Check our work! We provide our ARGAN INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the AGX filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 254 numbers that start with the digit 1. Here they are:
18500000
13,575,116
163,755
144,520
19,235
13,995
11,375
17,044
11,593
18,482
11,616
1,933
169
1,147
18,566
1.52
1.50
13,530
13,328
13,398
13,381
14,034
13,559
13,830
13,549
175,349
197,032
131,660
14,147
11,021
1,924
1,254
181,054
10
15
15,828,289
13,569,104
13,242,520
168,441
164,183
102,746
13,497,550
165,902
1,175
1,175
1,364
1,279
13,569,104
168,441
102,746
13,353,653
162,323
1,198
1,198
160
1,729
1,729
13,332,747
163,154
13,242,520
164,183
1,933
1,933
169
169
11,300
13,263
13,263
13,569,104
168,441
102,746
13,441,590
162,208
1,147
1,147
103,598
1,107
10,686
10,686
13,332,747
163,154
1,876
1,335
1,376
1,524
1,060
1,006
168
122,960
135,000
115,000
117,500
159,750
110,045
104,492
126,845
13,263
10,686
1,107
17,613
18,046
185
11,622
197,032
173,947
175,349
185,569
1,995
15,133
1,340
16,981
139,014
163,755
12.6
132,068
175,630
19.6
124,490
109,489
105,884
161
10,046
113
1,074
1,025
105,623
105,884
1.3
14.0
126,646
196,510
126,646
105,884
1.8
18.5
1,825
168
1,924
1,924
1.85
10.0
1.2
1.2
1,365
10.43
13
10.26
10.51
10.26
13.89
1.5
10,000
132,656
15,240
1,699
18,482
11,616
12.7
18.9
18.3
1.2
13,530
13,328
13,398
13,381
168
14,034
13,559
13,830
13,549
1.52
1.50
140
11,300
16.1
1.4
1.7
15
13
11
17
12
19
17
14
18
18
17
12
16
14
14
17
17
14
14
173,283
1,848
13,995
1
1
1,028
1,948
158
166
109
120,053
1,635
18,476
122,191
121,300
163,755
107,781
144,520
13,519
1,181
19,235
1,626
11,375
10,520
11,593
137
102
1
1
1,112
1,801
1,592
18,476
134,678
10,905
117,836
16,842
1,984
11,156
14,386
17,044
11,158
18,482
1,376
184
101,497
10,461
12,960
17,700
1,863
10,060
11,616
1,524
1,120
1
18,926
18,267
12,704
We found 164 numbers that start with the digit 2. Here they are:
257,008
212,681
24,734
28,010
20,340
26,394
2.07
2.00
215,373
28,033
28,033
2,217
2,259
270,686
2,374
2,374
266,334
225,507
2,259,185
2,585,769
290,939
2,374
243,519
28,010
28,010
2,643
2,374
266,334
2,374
216,009
285,036
21,747
2,374
217,486
284,833
2,374
225,507
290,939
2,374
266,334
2,374
207,832
2,876
280,897
20,340
20,340
2,470
212,441
2,374
217,486
284,833
20,340
2,992
2,415
293
294
287
2,977
2,143
21,683
2,404
239,489
239,866
29,899
257,008
2.6
21.2
26
206,443
215,373
2.0
206,394
206,443
230
206,443
24.1
2
2.5
2,674
2,450
2,049
2,217
25.0
22.9
24.1
27.04
295
29,058
21
2,297
2,023
269
2.4
2.1
28,010
20,340
231
2.07
2.00
25
250
250
212,441
23.5
21.0
24.8
2.4
2.6
29
23
20
28
212,096
257,008
2,641
212,681
2,976
2,732
229
2,976
2,733
228
28,010
2,304
236
2
2,547
20,663
2,131
28,033
2,840
2,751
2,909
2,751
2,909
2,409
249
244,662
25,839
273,894
28,033
2,920
21,786
2
2
2,654
293
293
2
2
296,821
255,210
2,630
2,038
23,911
24,734
20,340
294
294
2,143
23,139
21,206
2,648
2,726
We found 107 numbers that start with the digit 3. Here they are:
351,578
37,848
32,467
30,332
3,733
36,978
31,956
3.91
375
300
330,933
34,579
39,259
39,485
302,260
3,996
307,290
30,000,000
3,597
328,704
308,068
328,704
3,341
367
3,987
3,987
3,597
3,390
3,390
337,884
3,704
328,704
3,416
3,416
3,577
3,390
3,416
3,569
3,312
3,704
3,330
330,933
32
307
3,491
3,198
376
300
300
300
35.0
30.0
3
3.6
3.4
3.4
33
3,988
348
30.21
31.69
337,884
3,255
385
3.3
3.91
30
375
375
300
300
300
300
39.67
39
32
3.5
3,575
36,757
38,813
30,347
30,332
35,965
36,978
38,434
33,899
3,391
342
3,733
31
399,489
39,843
3,701
37,848
310
351,578
32,467
3
32,999
31,956
393
315
3
3,438
34,579
39,259
39,902
4's 5's 6's
We found 73 numbers that start with the digit 4. Here they are:
408,779
44,327
427
4,155
41
4.04
40
47,326
44,620
48,189
436,164
440,160
4,083
459
459
427
427
42,653
4,650
4,572
4,650
497
4,514
43,707
408,779
4
4.5
4.8
488
425
4.8
4.0
4,499
4,499
44.95
44.59
46.72
45.61
46.22
45.61
48.2
42.9
42,050
43.82
42.58
47.16
432
41
4.04
40
4.8
41,337
4,580
44,327
433
4,236
411,735
436,164
4,021
4,535
489
497
426,466
496,122
422,508
443
4,523
408,779
41,611
4,532
49
4,972
49,135
We found 75 numbers that start with the digit 5. Here they are:
548,329
57,201
55,528
5,464
54,090
51,988
547,179
598,229
5,030
500,000
5,699
598,229
5,700
5,195
5,195
5,699
5,464
5,464
527
54,090
54,090
5,699
54,090
59,908
5,218
559,069
538
53,783
5.4
50,323
50,452
568
568
5,415
5,415
550
50.0
5.9
558
500
558
58
5,000
5,000
532,860
556
5.8
5,464
54,090
504
57.11
5,618
5
542,558
50,294
572,828
573
573
5,464
583
514,071
57,112
563,652
548,329
5,686
51,828
55,528
5,738
54,090
509
5,218
57,201
592
589
5,658
We found 38 numbers that start with the digit 6. Here they are:
641,705
6,646
6,129
627
659
6,365
659
659
646
646
627
627
613
61,885
646
68,359
641,705
6
61.22
6
64
6,711
672
616
690
6
6,646
67,172
6,673
6,390
608
6,129
6,519
641,705
66,214
621
6,557
6,035
7's 8's 9's
We found 44 numbers that start with the digit 7. Here they are:
7,860
7,222
72,572
717,141
7,520
768,864
78,393
768,864
77,254
710
706
7,022
74,039
7
72,751
73,143
73,274
784
72,915
77
7
748
7.85
7
7.67
70
73.92
7
74.1
77.3
72.6
705
717,141
768,864
7,129
7,860
71,038
73,555
7,985
73,614
72,572
7,831
7,222
78,393
We found 37 numbers that start with the digit 8. Here they are:
8,968
882
800
87,085
81,721
882
882
868
88,641
8,467
8,467
85,084
89,632
8,467
8,597
8.4
8
817
800
8.44
8.15
81
881
8.4
82.5
8,466
8,968
8,392
8,392
88,537
8,197
8,428
8,197
8,428
813
8,654
81,721
We found 55 numbers that start with the digit 9. Here they are:
9500000
93,376
957
975
97,528
99,644
957
957
92,329
93,531
97,528
93,531
9,960
92,263
9,230
92,066
9.2
94,198
9.9
96
9,933
96,217
96,555
9,406
9,329
9.7
91,995
96,555
9,933
9,329
91,995
9.5
916
99
916
98
92
921
917
953
934
98
98
9,467
90
98
98
9,467
90
93,376
936
938
9,088
973
9,985
While the above AGX 10Q Filed 12/5/2024 is interesting in isolation, we have found that it is also useful to take a look at older ARGAN INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 12/5/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical AGX 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

30.0
19.4
12.6
8.6
8.9
4.5
5.2
4.4
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 847

= Typical AGX range from 4/14/2020 to 12/5/2024
29.7
18.1
15.6
10.7
6.5
5.2
4.6
4.3
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 956

= Typical AGX range from 4/14/2020 to 12/5/2024
30.2
19.3
14.3
7.9
6.0
6.0
5.4
5.0
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 579

= Typical AGX range from 4/14/2020 to 12/5/2024
33.5
19.1
13.3
10.4
5.9
4.9
5.7
3.6
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 750

= Typical AGX range from 4/14/2020 to 12/5/2024
36.0
17.9
14.6
8.1
6.0
5.3
3.7
3.2
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 756

= Typical AGX range from 4/14/2020 to 12/5/2024
30.1
17.0
14.5
11.1
5.7
6.8
6.7
4.1
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 855

= Typical AGX range from 4/14/2020 to 12/5/2024
31.6
19.5
14.1
9.2
6.8
5.2
5.5
3.7
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 994

= Typical AGX range from 4/14/2020 to 12/5/2024
32.3
21.0
10.7
8.8
6.4
4.7
4.6
4.3
7.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 833

= Typical AGX range from 4/14/2020 to 12/5/2024
32.8
18.3
12.1
8.7
7.1
6.2
6.4
4.0
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 842

= Typical AGX range from 4/14/2020 to 12/5/2024
28.3
18.1
15.9
10.7
5.5
6.3
5.6
4.6
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 943

= Typical AGX range from 4/14/2020 to 12/5/2024
30.9
20.0
15.2
7.1
5.8
5.0
6.5
4.0
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 521

= Typical AGX range from 4/14/2020 to 12/5/2024
35.6
16.5
14.1
11.2
5.9
4.5
4.9
5.1
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 752

= Typical AGX range from 4/14/2020 to 12/5/2024
34.9
18.0
13.0
8.8
7.7
5.3
3.6
4.6
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 777

= Typical AGX range from 4/14/2020 to 12/5/2024
31.3
14.6
13.9
10.9
7.8
6.4
6.6
4.1
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,905

= Typical AGX range from 4/14/2020 to 12/5/2024
29.2
18.0
13.2
8.6
8.4
7.1
4.9
3.7
6.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 593

= Typical AGX range from 4/14/2020 to 12/5/2024
32.8
19.3
10.8
9.2
7.0
6.7
5.0
4.7
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 827

= Typical AGX range from 4/14/2020 to 12/5/2024
32.5
18.5
15.0
7.6
5.8
6.4
7.5
2.4
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL?   [ original filing ]
Total numbers found: 761

= Typical AGX range from 4/14/2020 to 12/5/2024
27.8
18.9
15.2
10.9
6.4
5.5
6.8
4.2
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 880

= Typical AGX range from 4/14/2020 to 12/5/2024
32.6
16.6
14.8
10.4
5.2
7.5
5.0
3.9
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 519

= Typical AGX range from 4/14/2020 to 12/5/2024
34.1
16.7
14.5
8.3
7.2
7.0
4.3
4.5
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 759

= Typical AGX range from 4/14/2020 to 12/5/2024
 

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