ARGOPA.PFD (Argo Group International Holdings) Liabilities-to-Assets : 0.86 (As of Sep. 2023)

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What is Argo Group International Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Argo Group International Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was $7,268.20 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 Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.86.

Argo Group International Holdings Liabilities-to-Assets Historical Data

The historical data trend for Argo Group International Holdings's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Argo Group International Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Liabilities-to-Assets

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0.82

0.83

0.82

0.83

0.88

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
Liabilities-to-Assets	Get a 7-Day Free Trial															0.87	0.88	0.85	0.85	0.86

Competitive Comparison of Argo Group International Holdings's Liabilities-to-Assets

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

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

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

Argo Group International Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Argo Group International Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )	=	Total Liabilities	/	Total Assets
	=	8801.5	/	10034.4
	=	0.88

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

Liabilities-to-Assets (Q: Sep. 2023 )	=	Total Liabilities	/	Total Assets
	=	7268.2	/	8439.5
	=	0.86

Argo Group International Holdings (NYSE:ARGOpA.PFD) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Argo Group International Holdings Liabilities-to-Assets Related Terms

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Argo Group International Holdings Business Description

Industry

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

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Traded in Other Exchanges

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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.