Argo Group Balance Sheet Health
Financial Health criteria checks 6/6
Argo Group has a total shareholder equity of $19.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $20.7M and $1.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$5.69m |
Equity | US$19.68m |
Total liabilities | US$1.04m |
Total assets | US$20.73m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARGO's short term assets ($6.0M) exceed its short term liabilities ($662.0K).
Long Term Liabilities: ARGO's short term assets ($6.0M) exceed its long term liabilities ($382.0K).
Debt to Equity History and Analysis
Debt Level: ARGO is debt free.
Reducing Debt: ARGO has not had any debt for past 5 years.
Debt Coverage: ARGO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ARGO has no debt, therefore coverage of interest payments is not a concern.