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) - Total Assets
Latest total assets as of December 2023: GBX6.07 Million GBX
Based on the latest financial reports, Argo Group Limited (ARGO) holds total assets worth GBX6.07 Million GBX as of December 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Argo Group Limited - Total Assets Trend (2008–2023)
This chart illustrates how Argo Group Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Argo Group Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
Argo Group Limited's total assets of GBX6.07 Million consist of 89.7% current assets and 10.3% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 22.0% |
| Accounts Receivable | GBX400.00K | 6.6% |
| Inventory | GBX-3.71 Million | -61.2% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX0.00 | 0.0% |
| Goodwill | GBX0.00 | 0.0% |
Asset Composition Trend (2008–2023)
This chart illustrates how Argo Group Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Argo Group Limited's current assets represent 89.7% of total assets in 2023, an increase from 56.7% in 2008.
- Cash Position: Cash and equivalents constituted 22.0% of total assets in 2023, down from 46.8% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 42.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 6.6% of total assets.
Argo Group Limited Competitors by Total Assets
Key competitors of Argo Group Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bexil Cp
PINK:BXLC
|
USA | $29.44 Million |
|
Norte Grande
SN:NORTEGRAN
|
Chile | CL$2.91 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.87 Billion |
|
Big Tech 50 R&D-Limited Partnership
TA:BIGT
|
Israel | ILA14.08 Million |
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
China | CN¥2.38 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
China | CN¥29.45 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
China | CN¥9.30 Billion |
|
Sk Securities
KO:001510
|
Korea | ₩7.28 Trillion |
Argo Group Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Argo Group Limited generates 0.50x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Argo Group Limited is currently not profitable relative to its asset base.
Argo Group Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 8.81 | 13.15 | 127.56 |
| Quick Ratio | 8.81 | 21.98 | 228.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX4.83 Million | GBX 6.04 Million | GBX 22.78 Million |
Argo Group Limited - Advanced Valuation Insights
This section examines the relationship between Argo Group Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.36 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -70.3% |
| Total Assets | GBX6.07 Million |
| Market Capitalization | $248.87 USD |
Valuation Analysis
Below Book Valuation: The market values Argo Group Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Argo Group Limited's assets decreased by 70.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Argo Group Limited (2008–2023)
The table below shows the annual total assets of Argo Group Limited from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | GBX6.07 Million | -70.35% |
| 2022-12-31 | GBX20.46 Million | -12.22% |
| 2021-12-31 | GBX23.31 Million | +0.04% |
| 2020-12-31 | GBX23.30 Million | +5.89% |
| 2019-12-31 | GBX22.01 Million | -6.15% |
| 2018-12-31 | GBX23.45 Million | -12.43% |
| 2017-12-31 | GBX26.78 Million | +22.96% |
| 2016-12-31 | GBX21.78 Million | -4.20% |
| 2015-12-31 | GBX22.73 Million | -13.80% |
| 2014-12-31 | GBX26.37 Million | -8.91% |
| 2013-12-31 | GBX28.95 Million | +1.99% |
| 2012-12-31 | GBX28.38 Million | -36.22% |
| 2011-12-31 | GBX44.50 Million | -2.62% |
| 2010-12-31 | GBX45.70 Million | -3.46% |
| 2009-12-31 | GBX47.33 Million | +10.40% |
| 2008-12-31 | GBX42.87 Million | -- |