Argo Change In Cash vs Investments Analysis

ARG Stock

9.03 0.04 0.44%

Argo Investments financial indicator trend analysis is way more than just evaluating Argo Investments prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argo Investments is a good investment. Please check the relationship between Argo Investments Change In Cash and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change In Cash vs Investments

Change In Cash vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argo Investments Change In Cash account and Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Argo Investments' Change In Cash and Investments is 0.59. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Investments in the same time period over historical financial statements of Argo Investments, assuming nothing else is changed. The correlation between historical values of Argo Investments' Change In Cash and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Argo Investments are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change In Cash i.e., Argo Investments' Change In Cash and Investments go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Change In Cash

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from Argo Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argo Investments current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 6.9 M in 2025, whereas Tax Provision is likely to drop slightly above 16.6 M in 2025.

	2022	2023	2024	2025 (projected)
Operating Income	270.1M	272.2M	313.1M	328.7M
Other Operating Expenses	12.3M	10.1M	9.1M	8.7M

Operating Income Other Operating Expenses

Argo Investments fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Short Term Debt	Accounts Payable	Short Term Investments	Other Liab
Total Assets		1.0	0.71	-0.16	0.94	0.31	1.0	-0.34	0.11	0.28	0.24	0.93	0.73	0.98	0.73	0.98	0.78	0.3	0.97	0.54	0.7	0.75	-0.18	-0.29	0.07	0.85
Total Stockholder Equity	1.0		0.71	-0.17	0.94	0.32	1.0	-0.34	0.09	0.29	0.24	0.94	0.74	0.97	0.72	0.97	0.78	0.31	0.98	0.55	0.69	0.74	-0.17	-0.28	0.06	0.84
Property Plant And Equipment Net	0.71	0.71		0.05	0.78	0.09	0.72	-0.21	0.18	-0.05	-0.27	0.58	0.38	0.71	0.7	0.71	0.9	-0.11	0.67	0.54	0.76	0.76	-0.53	-0.38	-0.2	0.62
Net Debt	-0.16	-0.17	0.05		-0.02	-0.97	-0.14	-0.35	-0.27	-0.82	-0.27	-0.36	-0.41	-0.1	0.3	-0.11	0.1	-0.73	-0.25	-0.04	-0.06	-0.1	0.07	-0.06	-0.01	-0.11
Retained Earnings	0.94	0.94	0.78	-0.02		0.17	0.94	-0.24	-0.03	0.08	0.07	0.82	0.6	0.92	0.86	0.92	0.87	0.09	0.9	0.42	0.78	0.78	-0.38	-0.41	-0.08	0.84
Cash	0.31	0.32	0.09	-0.97	0.17		0.29	0.27	0.27	0.83	0.25	0.47	0.43	0.25	-0.15	0.25	0.05	0.72	0.38	0.15	0.17	0.23	-0.13	0.02	0.01	0.22
Non Current Assets Total	1.0	1.0	0.72	-0.14	0.94	0.29		-0.35	0.1	0.27	0.23	0.93	0.72	0.98	0.74	0.98	0.79	0.28	0.97	0.55	0.7	0.75	-0.18	-0.29	0.06	0.84
Non Currrent Assets Other	-0.34	-0.34	-0.21	-0.35	-0.24	0.27	-0.35		0.33	0.04	-0.27	-0.31	-0.21	-0.35	-0.4	-0.35	-0.09	-0.05	-0.33	-0.78	0.16	0.05	-0.42	-0.3	-0.39	-0.12
Other Assets	0.11	0.09	0.18	-0.27	-0.03	0.27	0.1	0.33		0.12	-0.17	0.08	0.08	0.18	-0.14	0.19	0.3	0.02	0.04	-0.15	0.36	0.37	-0.2	-0.18	-0.18	0.23
Cash And Short Term Investments	0.28	0.29	-0.05	-0.82	0.08	0.83	0.27	0.04	0.12		0.55	0.46	0.45	0.23	-0.21	0.24	-0.09	0.96	0.35	0.19	-0.05	0.13	0.36	0.37	0.55	0.11
Net Receivables	0.24	0.24	-0.27	-0.27	0.07	0.25	0.23	-0.27	-0.17	0.55		0.34	0.37	0.23	-0.11	0.23	-0.28	0.76	0.26	0.24	-0.2	-0.1	0.63	0.29	0.61	0.26
Common Stock Total Equity	0.93	0.94	0.58	-0.36	0.82	0.47	0.93	-0.31	0.08	0.46	0.34		0.84	0.86	0.51	0.86	0.59	0.47	0.98	0.58	0.5	0.59	-0.03	-0.12	0.11	0.72
Common Stock Shares Outstanding	0.73	0.74	0.38	-0.41	0.6	0.43	0.72	-0.21	0.08	0.45	0.37	0.84		0.64	0.3	0.64	0.39	0.48	0.8	0.42	0.33	0.41	0.03	-0.04	0.05	0.54
Non Current Liabilities Total	0.98	0.97	0.71	-0.1	0.92	0.25	0.98	-0.35	0.18	0.23	0.23	0.86	0.64		0.76	1.0	0.81	0.25	0.91	0.52	0.74	0.76	-0.18	-0.35	0.07	0.88
Other Stockholder Equity	0.73	0.72	0.7	0.3	0.86	-0.15	0.74	-0.4	-0.14	-0.21	-0.11	0.51	0.3	0.76		0.75	0.81	-0.2	0.64	0.39	0.61	0.62	-0.39	-0.3	-0.1	0.62
Total Liab	0.98	0.97	0.71	-0.11	0.92	0.25	0.98	-0.35	0.19	0.24	0.23	0.86	0.64	1.0	0.75		0.81	0.26	0.91	0.51	0.75	0.78	-0.18	-0.34	0.08	0.87
Property Plant And Equipment Gross	0.78	0.78	0.9	0.1	0.87	0.05	0.79	-0.09	0.3	-0.09	-0.28	0.59	0.39	0.81	0.81	0.81		-0.16	0.7	0.29	0.89	0.9	-0.58	-0.46	-0.22	0.73
Total Current Assets	0.3	0.31	-0.11	-0.73	0.09	0.72	0.28	-0.05	0.02	0.96	0.76	0.47	0.48	0.25	-0.2	0.26	-0.16		0.36	0.24	-0.11	0.06	0.48	0.38	0.63	0.17
Common Stock	0.97	0.98	0.67	-0.25	0.9	0.38	0.97	-0.33	0.04	0.35	0.26	0.98	0.8	0.91	0.64	0.91	0.7	0.36		0.56	0.6	0.68	-0.13	-0.19	0.07	0.77
Short Long Term Debt Total	0.54	0.55	0.54	-0.04	0.42	0.15	0.55	-0.78	-0.15	0.19	0.24	0.58	0.42	0.52	0.39	0.51	0.29	0.24	0.56		0.09	0.21	0.13	0.19	0.19	0.28
Other Current Liab	0.7	0.69	0.76	-0.06	0.78	0.17	0.7	0.16	0.36	-0.05	-0.2	0.5	0.33	0.74	0.61	0.75	0.89	-0.11	0.6	0.09		0.92	-0.68	-0.67	-0.36	0.78
Total Current Liabilities	0.75	0.74	0.76	-0.1	0.78	0.23	0.75	0.05	0.37	0.13	-0.1	0.59	0.41	0.76	0.62	0.78	0.9	0.06	0.68	0.21	0.92		-0.52	-0.32	-0.12	0.67
Short Term Debt	-0.18	-0.17	-0.53	0.07	-0.38	-0.13	-0.18	-0.42	-0.2	0.36	0.63	-0.03	0.03	-0.18	-0.39	-0.18	-0.58	0.48	-0.13	0.13	-0.68	-0.52		0.64	0.83	-0.3
Accounts Payable	-0.29	-0.28	-0.38	-0.06	-0.41	0.02	-0.29	-0.3	-0.18	0.37	0.29	-0.12	-0.04	-0.35	-0.3	-0.34	-0.46	0.38	-0.19	0.19	-0.67	-0.32	0.64		0.64	-0.63
Short Term Investments	0.07	0.06	-0.2	-0.01	-0.08	0.01	0.06	-0.39	-0.18	0.55	0.61	0.11	0.05	0.07	-0.1	0.08	-0.22	0.63	0.07	0.19	-0.36	-0.12	0.83	0.64		-0.12
Other Liab	0.85	0.84	0.62	-0.11	0.84	0.22	0.84	-0.12	0.23	0.11	0.26	0.72	0.54	0.88	0.62	0.87	0.73	0.17	0.77	0.28	0.78	0.67	-0.3	-0.63	-0.12

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Argo Investments Account Relationship Matchups

Argo Investments fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.6B	6.4B	6.9B	7.4B	8.5B	8.9B
Total Stockholder Equity	5.6B	5.6B	6.0B	6.4B	7.3B	7.7B
Property Plant And Equipment Net	1.4M	992K	599K	2.2M	2.0M	2.1M
Net Debt	(178.5M)	(134.3M)	(125.1M)	(97.2M)	(87.4M)	(91.8M)
Retained Earnings	467.5M	620.5M	753.0M	744.9M	856.6M	899.5M
Cash	179.3M	134.7M	125.3M	97.2M	111.7M	130.3M
Non Current Assets Total	6.4B	6.2B	6.7B	7.3B	8.3B	8.8B
Non Currrent Assets Other	(10.1M)	(39.4M)	(10.5M)	(7.3B)	(6.5B)	(6.2B)
Other Assets	24.5M	6.6B	(25M)	(22.6M)	(26.0M)	(24.7M)
Cash And Short Term Investments	189.4M	174.1M	135.7M	119.2M	137.1M	141.5M
Net Receivables	26.7M	30.6M	36.9M	35.9M	41.2M	29.0M
Common Stock Shares Outstanding	722.9M	732.6M	753.1M	758.8M	872.6M	532.8M
Liabilities And Stockholders Equity	6.6B	6.4B	6.9B	7.4B	8.5B	8.9B
Non Current Liabilities Total	916.0M	740.1M	863.8M	992.7M	1.1B	1.2B
Other Stockholder Equity	239.1M	264.5M	322.9M	2.0B	2.3B	2.5B
Total Liab	962.8M	787.9M	889.1M	1.0B	1.2B	1.2B
Property Plant And Equipment Gross	3.1M	2.4M	2.5M	3.3M	3.8M	4.0M
Total Current Assets	216.1M	204.8M	172.6M	155.7M	179.0M	170.9M
Accumulated Other Comprehensive Income	2.3B	1.9B	2.0B	2.4B	2.7B	2.9B
Common Stock	2.9B	3.2B	3.2B	3.3B	3.7B	3.9B
Short Long Term Debt Total	748K	416K	167K	1.7M	1.5M	1.6M
Other Current Liab	45.1M	46.8M	24.8M	36.0M	41.4M	43.5M
Total Current Liabilities	45.9M	47.2M	24.9M	37.7M	43.3M	45.5M
Short Term Debt	307K	332K	249K	218K	250.7K	238.2K
Accounts Payable	748K	416K	167K	1.4M	1.7M	1.6M
Short Term Investments	10.1M	25M	10.5M	22.1M	19.9M	35.4M
Other Liab	547.7M	916.2M	740.3M	864.1M	993.7M	1.0B
Property Plant Equipment	1.8M	1.4M	992K	599K	688.9K	545.6K
Other Current Assets	(1.0)	540K	841K	560K	504K	478.8K
Net Tangible Assets	4.7B	5.6B	5.6B	6.0B	6.9B	5.5B
Long Term Investments	6.4B	6.3B	6.7B	7.3B	8.3B	6.3B
Long Term Debt Total	1.1M	748K	416K	167K	192.1K	374.9K
Cash And Equivalents	168.7M	179.3M	134.7M	125.3M	112.7M	124.7M
Capital Stock	2.9B	3.2B	3.2B	3.3B	3.7B	3.3B
Current Deferred Revenue	(307K)	(332K)	(249K)	(1.7M)	(1.5M)	(1.4M)

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