Argo Historical Balance Sheet
ARGO Stock | 4.00 0.00 0.00% |
Trend analysis of Argo Group Limited balance sheet accounts such as Other Current Liab of 605.2 K, Total Current Liabilities of 755.7 K or Total Stockholder Equity of 4.9 M provides information on Argo Group's total assets, liabilities, and equity, which is the actual value of Argo Group Limited to its prevalent stockholders. By breaking down trends over time using Argo Group balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Argo Group Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Argo Group Limited is a good buy for the upcoming year.
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About Argo Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Argo Group Limited at a specified time, usually calculated after every quarter, six months, or one year. Argo Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Argo Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Argo currently owns. An asset can also be divided into two categories, current and non-current.
Argo Group Balance Sheet Chart
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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 Limited 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.Total Current Liabilities
Total Current Liabilities is an item on Argo Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Argo Group Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most accounts from Argo Group's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Argo Group Limited current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Argo Group's Common Stock is comparatively stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 199K | 471K | 602K | 605.2K | Total Assets | 23.3M | 20.5M | 6.1M | 5.8M |
Argo Group balance sheet Correlations
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Argo Group balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.0M | 23.3M | 23.3M | 20.5M | 6.1M | 5.8M | |
Other Current Liab | 426K | 297K | 199K | 471K | 602K | 605.2K | |
Total Current Liabilities | 463K | 415K | 236K | 497K | 618K | 755.7K | |
Total Stockholder Equity | 21.3M | 22.8M | 23.1M | 19.6M | 5.1M | 4.9M | |
Property Plant And Equipment Net | 661K | 484K | 290K | 607K | 526K | 282.6K | |
Net Debt | (863K) | (675K) | (1.7M) | (1.6M) | (1.3M) | (1.4M) | |
Retained Earnings | (1.5M) | 122K | 420K | (3.0M) | (17.4M) | (16.5M) | |
Accounts Payable | 17K | 118K | 37K | 26K | 16K | 15.2K | |
Cash | 863K | 675K | 1.7M | 1.6M | 1.3M | 1.3M | |
Non Current Assets Total | 717K | 484K | 290K | 607K | 624K | 592.8K | |
Non Currrent Assets Other | (717K) | (484K) | (290K) | (607K) | 98K | 102.9K | |
Other Assets | 120K | 13.6M | 13.6M | 13.3M | 15.3M | 16.1M | |
Cash And Short Term Investments | 20.2M | 7.5M | 7.8M | 6.0M | 5.0M | 4.8M | |
Common Stock Shares Outstanding | 45.3M | 43.3M | 42.9M | 39.0M | 42.4M | 48.1M | |
Short Term Investments | 19.4M | 6.8M | 6.1M | 4.4M | 3.7M | 3.5M | |
Liabilities And Stockholders Equity | 22.2M | 23.3M | 23.3M | 20.5M | 6.1M | 5.8M | |
Non Current Liabilities Total | 280K | 79K | 37K | 411K | 332K | 348.6K | |
Other Current Assets | 978K | 1.7M | 1.6M | 413K | 400K | 380K | |
Other Stockholder Equity | 23.8M | 25.5M | 25.8M | 22.4M | 4.7M | 4.5M | |
Total Liab | 743K | 494K | 236K | 908K | 950K | 810.8K | |
Property Plant And Equipment Gross | 661K | 484K | 1.1M | 815K | 814K | 854.7K | |
Total Current Assets | 21.2M | 9.2M | 9.4M | 6.5M | 5.4M | 5.2M | |
Accumulated Other Comprehensive Income | (2.9M) | (3.1M) | (3.1M) | (3.2M) | (3.2M) | (3.1M) | |
Net Tangible Assets | 23.3M | 21.3M | 22.8M | 23.1M | 20.8M | 18.9M | |
Net Receivables | 756K | 511K | 1.5M | 275K | 400K | 380K | |
Property Plant Equipment | 212K | 661K | 484K | 290K | 333.5K | 277.7K | |
Inventory | (19.4M) | (6.8M) | (6.1M) | (4.4M) | (3.7M) | (3.9M) | |
Net Invested Capital | 21.5M | 22.8M | 23.1M | 19.6M | 5.1M | 4.9M | |
Net Working Capital | 20.9M | 8.8M | 9.1M | 6.0M | 4.8M | 4.6M |
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When running Argo Group's price analysis, check to measure Argo Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argo Group is operating at the current time. Most of Argo Group's value examination focuses on studying past and present price action to predict the probability of Argo Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argo Group's price. Additionally, you may evaluate how the addition of Argo Group to your portfolios can decrease your overall portfolio volatility.