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Argo Group International Holdings (Argo Group International Holdings) Equity-to-Asset : 0.14 (As of Sep. 2023)


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What is Argo Group International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Argo Group International Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,171.30 Mil. Argo Group International Holdings's Total Assets for the quarter that ended in Sep. 2023 was $8,439.50 Mil. Therefore, Argo Group International Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.14.

The historical rank and industry rank for Argo Group International Holdings's Equity-to-Asset or its related term are showing as below:

ARGOpA.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.19   Max: 0.26
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of Argo Group International Holdings was 0.26. The lowest was 0.12. And the median was 0.19.

ARGOpA.PFD's Equity-to-Asset is not ranked
in the Insurance industry.
Industry Median: 0.24 vs ARGOpA.PFD: 0.14

Argo Group International Holdings Equity-to-Asset Historical Data

The historical data trend for Argo Group International Holdings's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Argo Group International Holdings Equity-to-Asset Chart

Argo Group International Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.17 0.18 0.17 0.12

Argo Group International Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.12 0.15 0.15 0.14

Competitive Comparison of Argo Group International Holdings's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Argo Group International Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Argo Group International Holdings's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Argo Group International Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Argo Group International Holdings's Equity-to-Asset falls into.



Argo Group International Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Argo Group International Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1232.9/10034.4
=0.12

Argo Group International Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=1171.3/8439.5
=0.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Argo Group International Holdings  (NYSE:ARGOpA.PFD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Argo Group International Holdings Equity-to-Asset Related Terms

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Argo Group International Holdings (Argo Group International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
501 7th Avenue, 7th Floor, New York, NY, USA, 10018
Argo Group International Holdings Inc formerly Argo Group International Holdings Ltd is a property and casualty insurance company. It has two reportable segments which are U.S. Operations and International Operations. The U.S. Operations segment is comprised of two primary operating divisions, Excess and Surplus Lines and Specialty Admitted, while International Operations' primary operating divisions are Syndicate 1200, Reinsurance, and Argo Insurance Bermuda. The vast majority of revenue generation occurs within the excess and surplus lines segment, which underwrites casualty, property, and professional liability coverage for various clients. Argo generates the majority of its revenue in the United States, followed by the United Kingdom and Bermuda.

Argo Group International Holdings (Argo Group International Holdings) Headlines