Argo Group International Holdings (Argo Group International Holdings) Debt-to-Equity : 0.39 (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

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

Argo Group International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Argo Group International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $458.80 Mil. 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 debt to equity for the quarter that ended in Sep. 2023 was 0.39.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

ARGOpA.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.32 Max: 0.42
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Argo Group International Holdings was 0.42. The lowest was 0.21. And the median was 0.32.

ARGOpA.PFD's Debt-to-Equity is not ranked
in the Insurance industry.
Industry Median: 0.23 vs ARGOpA.PFD: 0.39

Argo Group International Holdings Debt-to-Equity Historical Data

The historical data trend for Argo Group International Holdings's Debt-to-Equity 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 Debt-to-Equity Chart

Argo Group International Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.33

0.39

0.30

0.32

0.38

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
Debt-to-Equity	Get a 7-Day Free Trial															0.39	0.38	0.37	0.37	0.39

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

For the Insurance - Property & Casualty subindustry, Argo Group International Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Insurance Industry

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

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

Argo Group International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	465.5)	/	1232.9
	=	0.38

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	458.8)	/	1171.3
	=	0.39

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

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Argo Group International Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Argo Group International Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Argo Group International Holdings Inc (NYSE:ARGOpA.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 7th Avenue, 7th Floor, New York, NY, USA, 10018

Website

https://www.argolimited.com

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.