Argo Group Balance Sheet Health
Financial Health criteria checks 6/6
Argo Group has a total shareholder equity of $7.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.7M and $1.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.82m |
| Equity | US$7.26m |
| Total liabilities | US$1.41m |
| Total assets | US$8.68m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ARGO's short term assets ($8.1M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: ARGO's short term assets ($8.1M) exceed its long term liabilities ($330.0K).
Debt to Equity History and Analysis
Debt Level: ARGO is debt free.
Reducing Debt: ARGO has not had any debt for past 5 years.
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: Whilst unprofitable ARGO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARGO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 40.6% per year.