Argo Group Limited
Argo Group Limited, through its subsidiaries, engages in the investment management business. It invests in sovereign and corporate fixed income securities, distressed debt, and real estate properties. The company was founded in 2000 and is based in London, the United Kingdom. Argo Group Limited is a subsidiary of Lynchwood Nominees Limited.
Argo Group Limited (ARGO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.020x
Based on the latest financial reports, Argo Group Limited (ARGO) has a cash flow conversion efficiency ratio of -0.020x as of June 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (GBX-387.00K) by net assets (GBX19.68 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Argo Group Limited - Cash Flow Conversion Efficiency Trend (2008–2023)
This chart illustrates how Argo Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Argo Group Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Argo Group Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Biocept Inc.
NASDAQ:BIOCQ
|
-10.641x |
|
First Equity Modaraba
KAR:FEM
|
N/A |
|
Le@p Technology Inc
PINK:LPTC
|
0.039x |
|
Waves Home App
KAR:WAVESAPP
|
N/A |
|
Merit Packaging Ltd
KAR:MERIT
|
N/A |
|
Elsaeed Contracting& Real Estate Investment Company SCCD
EGX:UEGC
|
N/A |
|
Sysorex Inc
PINK:SYSX
|
0.001x |
|
Box Ships Inc
PINK:TEUFF
|
1.699x |
Annual Cash Flow Conversion Efficiency for Argo Group Limited (2008–2023)
The table below shows the annual cash flow conversion efficiency of Argo Group Limited from 2008 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | GBX5.12 Million | GBX-1.22 Million | -0.238x | -482.74% |
| 2022-12-31 | GBX19.56 Million | GBX-800.00K | -0.041x | -543.19% |
| 2021-12-31 | GBX23.08 Million | GBX213.00K | 0.009x | +140.88% |
| 2020-12-31 | GBX22.81 Million | GBX-515.00K | -0.023x | -272.18% |
| 2019-12-31 | GBX21.27 Million | GBX-129.00K | -0.006x | -104.50% |
| 2018-12-31 | GBX23.27 Million | GBX3.14 Million | 0.135x | +456.21% |
| 2017-12-31 | GBX24.66 Million | GBX-933.00K | -0.038x | -249.47% |
| 2016-12-31 | GBX20.07 Million | GBX508.00K | 0.025x | -73.31% |
| 2015-12-31 | GBX22.44 Million | GBX2.13 Million | 0.095x | +491.34% |
| 2014-12-31 | GBX26.00 Million | GBX-630.00K | -0.024x | -191.39% |
| 2013-12-31 | GBX28.50 Million | GBX-237.00K | -0.008x | -153.73% |
| 2012-12-31 | GBX27.71 Million | GBX429.00K | 0.015x | +89.70% |
| 2011-12-31 | GBX43.42 Million | GBX354.33K | 0.008x | -61.07% |
| 2010-12-31 | GBX44.44 Million | GBX931.59K | 0.021x | -68.92% |
| 2009-12-31 | GBX44.52 Million | GBX3.00 Million | 0.067x | -27.73% |
| 2008-12-31 | GBX40.93 Million | GBX3.82 Million | 0.093x | -- |