Argo Total Assets vs Retained Earnings Analysis
| ARGD Stock | USD 21.79 0.34 1.54% |
Argo Group financial indicator trend analysis is way more than just evaluating Argo Group 65 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argo Group 65 is a good investment. Please check the relationship between Argo Group Total Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Group 65. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Total Assets vs Retained Earnings
Total Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argo Group 65 Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between Argo Group's Total Assets and Retained Earnings is 0.31. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Argo Group 65, assuming nothing else is changed. The correlation between historical values of Argo Group's Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Argo Group 65 are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Argo Group's Total Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Argo Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Argo Group 65 books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Argo Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argo Group 65 current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Group 65. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. As of December 12, 2024, Enterprise Value Over EBITDA is expected to decline to 0.01. In addition to that, Enterprise Value Multiple is expected to decline to 0.01
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.1B | 1.8B | 2.0B | 1.6B | Interest Expense | 21.6M | 26.8M | 30.8M | 26.6M |
Argo Group fundamental ratios Correlations
Click cells to compare fundamentals
Argo Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Argo Group fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 10.5B | 10.5B | 10.3B | 1.3B | 8.5B | 7.1B | |
| Total Stockholder Equity | 1.8B | 1.9B | 1.7B | 1.2B | 1.3B | 1.6B | |
| Net Debt | (137.8M) | (148.8M) | (146.1M) | 61.2M | (791.6M) | (752.0M) | |
| Retained Earnings | 811.1M | 684.1M | 636.4M | 407.3M | 900K | 855K | |
| Cash | 137.8M | 148.8M | 146.1M | 5.2M | 791.6M | 831.2M | |
| Non Current Assets Total | 456.8M | 402.3M | 417.3M | 1.6B | 322.3M | 440.3M | |
| Non Currrent Assets Other | (4.3B) | (4.7B) | (4.7B) | (6.1B) | (5.5B) | (5.8B) | |
| Other Assets | 9.1B | 9.4B | 9.1B | (360.6M) | 6.9B | 6.0B | |
| Cash And Short Term Investments | 982.8M | 691.4M | 801.9M | 7M | 1.2B | 1.3B | |
| Net Receivables | 4.3B | 3M | 7.3M | 44.9M | 53.1M | 50.4M | |
| Common Stock Shares Outstanding | 34.2M | 34.6M | 34.8M | 35.0M | 31.5M | 26.7M | |
| Short Term Investments | 845M | 542.6M | 655.8M | 1.8M | 429.5M | 461.8M | |
| Liabilities And Stockholders Equity | 10.5B | 10.5B | 10.3B | 1.3B | 8.5B | 7.1B | |
| Non Current Liabilities Total | 8.7B | 8.6B | (25M) | 67.1M | 77.2M | 73.3M | |
| Other Stockholder Equity | 921.5M | 1.1B | 1.1B | 1.1B | 51.1M | 48.5M | |
| Total Liab | 8.7B | 8.6B | 32M | 67.1M | 7.2B | 7.6B | |
| Total Current Assets | 982.8M | 694.4M | 809.2M | 51.9M | 1.3B | 1.3B | |
| Common Stock | 45.7M | 46M | 46.2M | 46.4M | 1.1B | 1.1B | |
| Accumulated Other Comprehensive Income | 2.8M | 58.6M | (22.7M) | (305.1M) | 51.8M | 54.4M | |
| Intangible Assets | 91.8M | 60.5M | 17.3M | 44.9M | 180.6M | 189.6M | |
| Net Tangible Assets | 1.6B | 1.5B | 1.5B | 1.5B | 1.7B | 1.6B | |
| Long Term Debt | 580.7M | 580.2M | 578.7M | 458.7M | 527.5M | 468.5M | |
| Common Stock Total Equity | 40.4M | 45.3M | 45.7M | 46M | 52.9M | 43.3M | |
| Retained Earnings Total Equity | 977M | 862.6M | 811.1M | 684.1M | 615.7M | 696.0M | |
| Long Term Debt Total | 580.7M | 580.2M | 578.7M | 458.7M | 527.5M | 468.5M | |
| Capital Surpluse | 1.1B | 1.4B | 1.4B | 1.4B | 1.6B | 1.2B | |
| Long Term Investments | 4.8B | 4.8B | 5.1B | 5.3B | 6.1B | 5.0B | |
| Non Current Liabilities Other | 6.3B | 7.2B | 8.2B | 8.1B | 9.4B | 6.5B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Argo Group 65 is a strong investment it is important to analyze Argo Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Argo Group's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Group 65. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Argo Group. If investors know Argo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Argo Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Argo Group 65 is measured differently than its book value, which is the value of Argo that is recorded on the company's balance sheet. Investors also form their own opinion of Argo Group's value that differs from its market value or its book value, called intrinsic value, which is Argo Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Argo Group's market value can be influenced by many factors that don't directly affect Argo Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Argo Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.