Argo Group Balance Sheet Health
Financial Health criteria checks 6/6
Argo Group has a total shareholder equity of $5.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $6.1M and $950.0K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$5.04m |
Equity | US$5.12m |
Total liabilities | US$950.00k |
Total assets | US$6.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IW6's short term assets ($5.4M) exceed its short term liabilities ($618.0K).
Long Term Liabilities: IW6's short term assets ($5.4M) exceed its long term liabilities ($332.0K).
Debt to Equity History and Analysis
Debt Level: IW6 is debt free.
Reducing Debt: IW6 has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IW6 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IW6 has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 49.2% each year.