Argo Stock Based Compensation vs Change To Operating Activities Analysis

ARG Stock   9.14  0.07  0.76%   
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 Stock Based Compensation and its Change To Operating Activities 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.

Stock Based Compensation vs Change To Operating Activities

Stock Based Compensation vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argo Investments Stock Based Compensation account and Change To Operating Activities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Argo Investments' Stock Based Compensation and Change To Operating Activities is 0.45. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Operating Activities 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' Stock Based Compensation and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Argo Investments are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Stock Based Compensation i.e., Argo Investments' Stock Based Compensation and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change To Operating Activities

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 drop to about 3.1 M in 2024. Tax Provision is likely to drop to about 16.6 M in 2024
 2021 2022 2023 2024 (projected)
Operating Income322.4M270.1M272.2M156.4M
Other Operating Expenses4.0M12.3M10.1M19.5M

Argo Investments fundamental ratios Correlations

1.00.63-0.350.920.411.0-0.240.170.390.30.960.770.970.620.970.710.40.750.450.640.69-0.1-0.270.10.84
1.00.63-0.360.920.421.0-0.240.150.390.30.970.780.960.610.960.70.410.770.460.630.68-0.09-0.250.10.82
0.630.63-0.060.730.140.64-0.150.21-0.02-0.280.610.250.640.680.640.88-0.10.250.490.710.7-0.5-0.37-0.170.61
-0.35-0.36-0.06-0.19-0.99-0.33-0.3-0.26-0.83-0.28-0.42-0.54-0.280.21-0.29-0.04-0.73-0.52-0.13-0.17-0.240.12-0.040.01-0.19
0.920.920.73-0.190.260.92-0.120.010.160.110.850.60.90.80.890.820.160.620.30.740.73-0.34-0.41-0.070.84
0.410.420.14-0.990.260.390.250.260.830.270.480.520.34-0.120.350.120.720.480.20.230.3-0.160.010.00.24
1.01.00.64-0.330.920.39-0.260.160.370.290.960.760.970.630.970.710.380.750.460.640.68-0.1-0.270.10.83
-0.24-0.24-0.15-0.3-0.120.25-0.260.320.01-0.26-0.32-0.09-0.25-0.35-0.250.05-0.07-0.01-0.770.290.18-0.49-0.34-0.43-0.09
0.170.150.21-0.260.010.260.160.320.11-0.170.080.120.25-0.130.260.390.020.13-0.140.420.44-0.21-0.19-0.190.25
0.390.39-0.02-0.830.160.830.370.010.110.570.460.530.32-0.20.34-0.050.960.50.24-0.020.190.340.370.550.12
0.30.3-0.28-0.280.110.270.29-0.26-0.170.570.330.40.29-0.110.29-0.30.780.380.26-0.19-0.080.630.30.620.26
0.960.970.61-0.420.850.480.96-0.320.080.460.330.840.890.510.890.590.470.790.590.480.57-0.02-0.110.120.72
0.770.780.25-0.540.60.520.76-0.090.120.530.40.840.650.160.650.310.550.990.340.260.360.110.00.080.49
0.970.960.64-0.280.90.340.97-0.250.250.320.290.890.650.661.00.740.340.650.420.690.71-0.11-0.340.110.88
0.620.610.680.210.8-0.120.63-0.35-0.13-0.2-0.110.510.160.660.650.74-0.190.170.310.530.52-0.35-0.29-0.080.6
0.970.960.64-0.290.890.350.97-0.250.260.340.290.890.651.00.650.740.360.650.420.70.72-0.1-0.330.120.88
0.710.70.88-0.040.820.120.710.050.39-0.05-0.30.590.310.740.740.74-0.140.340.150.880.87-0.57-0.47-0.230.71
0.40.41-0.1-0.730.160.720.38-0.070.020.960.780.470.550.34-0.190.36-0.140.520.27-0.080.110.480.370.630.19
0.750.770.25-0.520.620.480.75-0.010.130.50.380.790.990.650.170.650.340.520.250.330.40.07-0.070.070.52
0.450.460.49-0.130.30.20.46-0.77-0.140.240.260.590.340.420.310.420.150.270.25-0.030.090.190.230.220.24
0.640.630.71-0.170.740.230.640.290.42-0.02-0.190.480.260.690.530.70.88-0.080.33-0.030.9-0.67-0.68-0.370.76
0.690.680.7-0.240.730.30.680.180.440.19-0.080.570.360.710.520.720.870.110.40.090.9-0.5-0.3-0.110.63
-0.1-0.09-0.50.12-0.34-0.16-0.1-0.49-0.210.340.63-0.020.11-0.11-0.35-0.1-0.570.480.070.19-0.67-0.50.640.83-0.28
-0.27-0.25-0.37-0.04-0.410.01-0.27-0.34-0.190.370.3-0.110.0-0.34-0.29-0.33-0.470.37-0.070.23-0.68-0.30.640.63-0.63
0.10.1-0.170.01-0.070.00.1-0.43-0.190.550.620.120.080.11-0.080.12-0.230.630.070.22-0.37-0.110.830.63-0.11
0.840.820.61-0.190.840.240.83-0.090.250.120.260.720.490.880.60.880.710.190.520.240.760.63-0.28-0.63-0.11
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Argo Investments Account Relationship Matchups

Argo Investments fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B6.6B6.4B6.9B7.4B7.8B
Total Stockholder Equity4.7B5.6B5.6B6.0B6.4B6.7B
Property Plant And Equipment Net1.8M1.4M992K599K2.2M2.3M
Net Debt(167.7M)(178.5M)(134.3M)(125.1M)(97.2M)(102.0M)
Retained Earnings495.5M467.5M620.5M753.0M744.9M782.1M
Cash168.7M179.3M134.7M125.3M97.2M130.3M
Non Current Assets Total5.1B6.4B6.2B6.7B7.3B7.6B
Non Currrent Assets Other(2.5M)(10.1M)(39.4M)(10.5M)(7.3B)(6.9B)
Other Assets24.5M6.6B(25M)(22.6M)(26.0M)(24.7M)
Cash And Short Term Investments181.2M189.4M174.1M135.7M119.2M141.5M
Net Receivables17.1M26.7M30.6M36.9M35.9M28.9M
Common Stock Shares Outstanding718.0M722.9M732.6M753.1M758.8M532.8M
Liabilities And Stockholders Equity5.3B6.6B6.4B6.9B7.4B7.8B
Non Current Liabilities Total547.5M916.0M740.1M863.8M992.7M1.0B
Other Stockholder Equity239.1M264.5M322.9M2.0B2.3B2.5B
Total Liab561.3M962.8M787.9M889.1M1.0B1.1B
Property Plant And Equipment Gross1.8M3.1M2.4M2.5M3.3M3.4M
Total Current Assets212.8M216.1M204.8M172.6M155.7M170.9M
Accumulated Other Comprehensive Income1.3B2.3B1.9B2.0B2.4B2.5B
Common Stock2.9B2.9B3.2B3.2B3.3B1.6B
Other Current Liab11.5M45.1M46.8M24.8M36.2M38.1M
Total Current Liabilities12.6M45.9M47.2M24.9M37.7M39.6M
Short Term Debt283K307K332K249K218K207.1K
Short Term Investments12.5M10.1M25M10.5M22.1M35.4M
Other Liab547.7M916.2M740.3M864.1M993.7M1.0B
Property Plant Equipment1.8M1.4M992K599K688.9K545.6K
Other Current Assets15.0M(1.0)540K841K560K532K
Net Tangible Assets4.7B5.6B5.6B6.0B6.9B5.5B
Long Term Investments5.1B6.4B6.3B6.7B7.3B6.3B
Long Term Debt Total1.1M748K416K167K192.1K374.9K
Cash And Equivalents168.7M179.3M134.7M125.3M112.7M124.7M
Capital Stock2.9B2.9B3.2B3.2B3.3B3.3B

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