Argo Group US Inc. 6.5% SR NTS 42
Argo Group US Inc. 6.5% SR NTS 42 operates in Oil & Gas Exploration & Production.
Argo Group US Inc. 6.5% SR NTS 42 (ARGD) - Net Assets
Latest net assets as of December 2022: $1.23 Billion USD
Based on the latest financial reports, Argo Group US Inc. 6.5% SR NTS 42 (ARGD) has net assets worth $1.23 Billion USD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.30 Billion) and total liabilities ($67.10 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.23 Billion |
| % of Total Assets | 94.84% |
| Annual Growth Rate | 3.22% |
| 5-Year Change | -87.09% |
| 10-Year Change | -21.12% |
| Growth Volatility | 177.95 |
Argo Group US Inc. 6.5% SR NTS 42 - Net Assets Trend (2004–2022)
This chart illustrates how Argo Group US Inc. 6.5% SR NTS 42's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Argo Group US Inc. 6.5% SR NTS 42 (2004–2022)
The table below shows the annual net assets of Argo Group US Inc. 6.5% SR NTS 42 from 2004 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $1.23 Billion | -88.01% |
| 2021-12-31 | $10.29 Billion | +453.65% |
| 2020-12-31 | $1.86 Billion | +4.31% |
| 2019-12-31 | $1.78 Billion | -81.35% |
| 2018-12-31 | $9.55 Billion | +9.38% |
| 2017-12-31 | $8.73 Billion | +387.13% |
| 2016-12-31 | $1.79 Billion | -72.86% |
| 2015-12-31 | $6.61 Billion | +4.81% |
| 2014-12-31 | $6.30 Billion | +303.28% |
| 2013-12-31 | $1.56 Billion | -76.48% |
| 2012-12-31 | $6.65 Billion | +4.22% |
| 2011-12-31 | $6.38 Billion | -1.48% |
| 2010-12-31 | $6.47 Billion | +378.34% |
| 2008-12-31 | $1.35 Billion | -2.28% |
| 2007-12-31 | $1.38 Billion | +178.70% |
| 2006-12-31 | $496.77 Million | +6.76% |
| 2005-12-31 | $465.32 Million | -33.20% |
| 2004-12-31 | $696.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Argo Group US Inc. 6.5% SR NTS 42's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 99.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $900.00K | 0.07% |
| Common Stock | $1.06 Billion | 81.43% |
| Other Comprehensive Income | $51.80 Million | 3.99% |
| Other Components | $188.20 Million | 14.50% |
| Total Equity | $1.30 Billion | 100.00% |
Argo Group US Inc. 6.5% SR NTS 42 Competitors by Market Cap
The table below lists competitors of Argo Group US Inc. 6.5% SR NTS 42 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KMRSF
PINK:KMRSF
|
$232.07K |
|
SDX ENERGY PLCLS 001
F:3KX
|
$232.12K |
|
Morgan Group Holding Co
PINK:MGHL
|
$232.13K |
|
NAMCO BANDAI HLDG
MU:N9B
|
$232.17K |
|
ACEA (DCA.SG)
STU:DCA
|
$231.96K |
|
Wealth Invest Baron Glob Akt
CO:WEIBGA
|
$231.88K |
|
NeutriSci International Inc
PINK:NRXCF
|
$231.82K |
|
DI Corp.
KQ:003160
|
$231.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Argo Group US Inc. 6.5% SR NTS 42's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,232,900,000 to 1,297,500,000, a change of 64,600,000 (5.2%).
- Net loss of 185,700,000 reduced equity.
- Dividend payments of 33,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 356,900,000.
- Other factors decreased equity by 73,300,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-185.70 Million | -14.31% |
| Dividends Paid | $33.30 Million | -2.57% |
| Other Comprehensive Income | $356.90 Million | +27.51% |
| Other Changes | $-73.30 Million | -5.65% |
| Total Change | $- | 5.24% |
Book Value vs Market Value Analysis
This analysis compares Argo Group US Inc. 6.5% SR NTS 42's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.20x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $20.88 | $24.99 | x |
| 2005-12-31 | $13.95 | $24.99 | x |
| 2006-12-31 | $6.44 | $24.99 | x |
| 2007-12-31 | $53.72 | $24.99 | x |
| 2008-12-31 | $43.97 | $24.99 | x |
| 2009-12-31 | $52.36 | $24.99 | x |
| 2010-12-31 | $54.32 | $24.99 | x |
| 2011-12-31 | $54.44 | $24.99 | x |
| 2012-12-31 | $58.13 | $24.99 | x |
| 2013-12-31 | $56.08 | $24.99 | x |
| 2014-12-31 | $62.01 | $24.99 | x |
| 2015-12-31 | $58.46 | $24.99 | x |
| 2016-12-31 | $58.12 | $24.99 | x |
| 2017-12-31 | $59.16 | $24.99 | x |
| 2018-12-31 | $50.37 | $24.99 | x |
| 2019-12-31 | $52.07 | $24.99 | x |
| 2020-12-31 | $53.67 | $24.99 | x |
| 2021-12-31 | $49.84 | $24.99 | x |
| 2022-12-31 | $35.25 | $24.99 | x |
| 2023-12-31 | $37.09 | $24.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Argo Group US Inc. 6.5% SR NTS 42 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.58%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 6.55x
- Recent ROE (-14.31%) is below the historical average (-5.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -149.91% | -166.16% | 0.20x | 4.55x | $-744.09 Million |
| 2006 | 12.21% | 339.57% | 0.01x | 2.82x | $10.98 Million |
| 2007 | 10.39% | 14.38% | 0.20x | 3.70x | $5.35 Million |
| 2008 | 4.65% | 5.01% | 0.20x | 4.72x | $-72.39 Million |
| 2009 | 7.28% | 7.61% | 0.22x | 4.27x | $-43.99 Million |
| 2010 | 5.08% | 5.97% | 0.21x | 3.99x | $-80.01 Million |
| 2011 | -5.57% | -6.55% | 0.20x | 4.33x | $-230.30 Million |
| 2012 | 3.45% | 3.91% | 0.20x | 4.42x | $-99.11 Million |
| 2013 | 9.16% | 9.74% | 0.22x | 4.22x | $-13.10 Million |
| 2014 | 11.13% | 12.06% | 0.24x | 3.86x | $18.53 Million |
| 2015 | 9.78% | 10.99% | 0.22x | 3.97x | $-3.61 Million |
| 2016 | 8.18% | 9.31% | 0.22x | 4.02x | $-32.57 Million |
| 2017 | 2.76% | 2.84% | 0.20x | 4.82x | $-131.67 Million |
| 2018 | 3.64% | 3.53% | 0.19x | 5.47x | $-111.07 Million |
| 2019 | -0.47% | -0.43% | 0.19x | 5.90x | $-186.51 Million |
| 2020 | -2.91% | -2.86% | 0.18x | 5.63x | $-239.88 Million |
| 2021 | 0.39% | 0.31% | 0.21x | 5.95x | $-166.82 Million |
| 2022 | -15.51% | -10.90% | 1.35x | 1.05x | $-314.49 Million |
| 2023 | -14.31% | -10.58% | 0.21x | 6.55x | $-315.45 Million |
Industry Comparison
This section compares Argo Group US Inc. 6.5% SR NTS 42's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $23,509,847,311
- Average return on equity (ROE) among peers: 36.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.23 Billion | -149.91% | 0.05x | $232.01K |
| Arçelik Anonim Sirketi (ACKAF) | $59.56 Billion | 12.87% | 3.33x | $19.95K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $316.55 Million | 254.25% | 1.77x | $54.72 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $11.77 Billion | 6.69% | 3.72x | $76.46K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.08 Billion | 14.69% | 0.67x | $9.45 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.91 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $237.68K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.14 Billion | 10.45% | 1.28x | $142.90K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $374.10 | 13.04% | 2.96x | $224.78K |