Argo Group International Holdings (Argo Group International Holdings) Interest Expense : $-33.50 Mil (TTM As of Sep. 2023)

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What is Argo Group International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Argo Group International Holdings's interest expense for the three months ended in Sep. 2023 was $ -8.70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-33.50 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Argo Group International Holdings's Operating Income for the three months ended in Sep. 2023 was $ -20.60 Mil. Argo Group International Holdings's Interest Expense for the three months ended in Sep. 2023 was $ -8.70 Mil. Argo Group International Holdings did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Argo Group International Holdings Interest Expense Historical Data

The historical data trend for Argo Group International Holdings's Interest Expense 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.

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Argo Group International Holdings Interest Expense Chart

Argo Group International Holdings Annual Data

Trend

Dec13

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Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-31.90

-34.10

-26.90

-21.60

-26.80

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
Interest Expense	Get a 7-Day Free Trial															-6.80	-8.10	-8.50	-8.20	-8.70

Argo Group International Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-33.50 Mil.

Argo Group International Holdings (NYSE:ARGOpA.PFD) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Argo Group International Holdings's Interest Expense for the three months ended in Sep. 2023 was $-8.70 Mil. Its EBIT for the three months ended in Sep. 2023 was $-20.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $458.80 Mil.

Argo Group International Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Argo Group International Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

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

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Argo Group International Holdings Inc (NYSE:ARGOpA.PFD) » Definitions » Interest Expense

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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.