Argo Net Income vs Ebit Analysis

ARGD Stock

USD 22.08 0.24 1.10%

Argo Group financial indicator trend analysis is way more than just evaluating Argo Group 65 prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argo Group 65 is a good investment. Please check the relationship between Argo Group Net Income and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Group 65. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argo Group 65 Net Income account and Ebit. At this time, the significance of the direction appears to have no relationship.

The correlation between Argo Group's Net Income and Ebit is 0.07. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Argo Group 65, assuming nothing else is changed. The correlation between historical values of Argo Group's Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Argo Group 65 are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., Argo Group's Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Argo Group 65 financial statement analysis. It represents the amount of money remaining after all of Argo Group 65 operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from Argo Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argo Group 65 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 Group 65. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

As of November 30, 2024, Enterprise Value Over EBITDA is expected to decline to 0.01. In addition to that, Enterprise Value Multiple is expected to decline to 0.01

	2021	2022	2023	2024 (projected)
Total Revenue	2.1B	1.8B	2.0B	1.6B
Interest Expense	21.6M	26.8M	30.8M	26.6M

Total Revenue Interest Expense

Argo Group fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Good Will	Intangible Assets	Net Tangible Assets	Accounts Payable	Long Term Debt	Common Stock Total Equity	Retained Earnings Total Equity	Long Term Debt Total
Total Assets		-0.12	0.81	-0.3	0.31	0.25	-0.33	-0.3	0.99	0.64	0.25	0.14	0.82	0.39	0.16	0.4	0.57	0.1	0.73	0.0	0.42	-0.42	0.55	0.46	0.02	0.55
Total Current Liabilities	-0.12		-0.18	0.04	-0.09	-0.04	-0.01	-0.02	-0.1	-0.19	-0.31	-0.39	-0.29	-0.26	0.0	-0.24	-0.2	-0.02	-0.05	0.03	-0.47	0.53	-0.5	-0.38	-0.34	-0.5
Total Stockholder Equity	0.81	-0.18		-0.01	0.63	-0.01	-0.08	-0.42	0.81	0.28	0.25	-0.04	0.5	0.37	0.35	0.22	0.19	-0.14	0.83	-0.26	0.34	-0.48	0.44	0.27	0.36	0.44
Net Debt	-0.3	0.04	-0.01		0.65	-1.0	0.14	0.46	-0.26	-0.85	0.12	0.22	-0.26	0.15	0.77	-0.54	-0.87	-0.97	-0.2	-0.84	-0.62	0.26	-0.33	-0.48	0.42	-0.33
Retained Earnings	0.31	-0.09	0.63	0.65		-0.68	-0.22	0.2	0.38	-0.44	0.25	-0.12	0.07	0.23	0.56	-0.34	-0.52	-0.77	0.49	-0.62	-0.3	0.0	-0.05	-0.35	0.78	-0.05
Cash	0.25	-0.04	-0.01	-1.0	-0.68		-0.06	-0.5	0.2	0.83	-0.13	-0.22	0.22	-0.17	-0.76	0.54	0.85	0.98	0.18	0.84	0.63	-0.28	0.34	0.49	-0.44	0.34
Non Current Assets Total	-0.33	-0.01	-0.08	0.14	-0.22	-0.06		-0.65	-0.43	-0.23	-0.03	0.37	-0.33	-0.04	0.37	-0.03	-0.23	0.02	-0.3	-0.26	0.26	-0.34	0.28	0.43	-0.38	0.28
Non Currrent Assets Other	-0.3	-0.02	-0.42	0.46	0.2	-0.5	-0.65		-0.2	-0.38	0.08	-0.07	-0.05	0.04	-0.03	-0.29	-0.34	-0.49	-0.3	-0.13	-0.67	0.59	-0.55	-0.7	0.38	-0.55
Other Assets	0.99	-0.1	0.81	-0.26	0.38	0.2	-0.43	-0.2		0.59	0.23	0.07	0.79	0.37	0.15	0.35	0.53	0.04	0.76	-0.01	0.33	-0.35	0.46	0.34	0.11	0.46
Cash And Short Term Investments	0.64	-0.19	0.28	-0.85	-0.44	0.83	-0.23	-0.38	0.59		0.2	0.05	0.72	0.18	-0.47	0.69	1.0	0.75	0.39	0.63	0.66	-0.39	0.55	0.6	-0.37	0.55
Net Receivables	0.25	-0.31	0.25	0.12	0.25	-0.13	-0.03	0.08	0.23	0.2		0.16	0.52	0.74	0.16	0.54	0.17	-0.17	0.2	-0.07	0.1	-0.01	0.14	0.09	0.16	0.14
Common Stock Shares Outstanding	0.14	-0.39	-0.04	0.22	-0.12	-0.22	0.37	-0.07	0.07	0.05	0.16		0.36	0.31	0.58	0.12	0.06	-0.2	-0.29	-0.37	0.33	-0.44	0.55	0.63	-0.31	0.55
Short Term Investments	0.82	-0.29	0.5	-0.26	0.07	0.22	-0.33	-0.05	0.79	0.72	0.52	0.36		0.53	0.13	0.54	0.69	0.1	0.46	0.07	0.38	-0.33	0.55	0.44	-0.1	0.55
Non Current Liabilities Total	0.39	-0.26	0.37	0.15	0.23	-0.17	-0.04	0.04	0.37	0.18	0.74	0.31	0.53		0.34	0.73	0.14	-0.22	0.12	-0.19	0.1	-0.06	0.11	0.18	-0.03	0.11
Other Stockholder Equity	0.16	0.0	0.35	0.77	0.56	-0.76	0.37	-0.03	0.15	-0.47	0.16	0.58	0.13	0.34		-0.26	-0.51	-0.79	0.03	-0.89	-0.2	-0.14	0.14	0.08	0.08	0.14
Total Liab	0.4	-0.24	0.22	-0.54	-0.34	0.54	-0.03	-0.29	0.35	0.69	0.54	0.12	0.54	0.73	-0.26		0.68	0.5	0.13	0.43	0.51	-0.23	0.28	0.48	-0.37	0.28
Total Current Assets	0.57	-0.2	0.19	-0.87	-0.52	0.85	-0.23	-0.34	0.53	1.0	0.17	0.06	0.69	0.14	-0.51	0.68		0.79	0.32	0.67	0.65	-0.37	0.52	0.59	-0.4	0.52
Common Stock	0.1	-0.02	-0.14	-0.97	-0.77	0.98	0.02	-0.49	0.04	0.75	-0.17	-0.2	0.1	-0.22	-0.79	0.5	0.79		0.05	0.85	0.61	-0.27	0.28	0.47	-0.49	0.28
Good Will	0.73	-0.05	0.83	-0.2	0.49	0.18	-0.3	-0.3	0.76	0.39	0.2	-0.29	0.46	0.12	0.03	0.13	0.32	0.05		0.12	0.17	-0.23	0.36	0.08	0.37	0.36
Intangible Assets	0.0	0.03	-0.26	-0.84	-0.62	0.84	-0.26	-0.13	-0.01	0.63	-0.07	-0.37	0.07	-0.19	-0.89	0.43	0.67	0.85	0.12		0.33	0.02	0.14	0.14	-0.23	0.14
Net Tangible Assets	0.42	-0.47	0.34	-0.62	-0.3	0.63	0.26	-0.67	0.33	0.66	0.1	0.33	0.38	0.1	-0.2	0.51	0.65	0.61	0.17	0.33		-0.84	0.79	0.88	-0.17	0.79
Accounts Payable	-0.42	0.53	-0.48	0.26	0.0	-0.28	-0.34	0.59	-0.35	-0.39	-0.01	-0.44	-0.33	-0.06	-0.14	-0.23	-0.37	-0.27	-0.23	0.02	-0.84		-0.84	-0.78	-0.06	-0.84
Long Term Debt	0.55	-0.5	0.44	-0.33	-0.05	0.34	0.28	-0.55	0.46	0.55	0.14	0.55	0.55	0.11	0.14	0.28	0.52	0.28	0.36	0.14	0.79	-0.84		0.83	-0.05	1.0
Common Stock Total Equity	0.46	-0.38	0.27	-0.48	-0.35	0.49	0.43	-0.7	0.34	0.6	0.09	0.63	0.44	0.18	0.08	0.48	0.59	0.47	0.08	0.14	0.88	-0.78	0.83		-0.45	0.83
Retained Earnings Total Equity	0.02	-0.34	0.36	0.42	0.78	-0.44	-0.38	0.38	0.11	-0.37	0.16	-0.31	-0.1	-0.03	0.08	-0.37	-0.4	-0.49	0.37	-0.23	-0.17	-0.06	-0.05	-0.45		-0.05
Long Term Debt Total	0.55	-0.5	0.44	-0.33	-0.05	0.34	0.28	-0.55	0.46	0.55	0.14	0.55	0.55	0.11	0.14	0.28	0.52	0.28	0.36	0.14	0.79	-0.84	1.0	0.83	-0.05

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Argo Group Account Relationship Matchups

Argo Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.5B	10.5B	10.3B	1.3B	8.5B	7.1B
Total Stockholder Equity	1.8B	1.9B	1.7B	1.2B	1.3B	1.6B
Net Debt	(137.8M)	(148.8M)	(146.1M)	61.2M	(791.6M)	(752.0M)
Retained Earnings	811.1M	684.1M	636.4M	407.3M	900K	855K
Cash	137.8M	148.8M	146.1M	5.2M	791.6M	831.2M
Non Current Assets Total	456.8M	402.3M	417.3M	1.6B	322.3M	440.3M
Non Currrent Assets Other	(4.3B)	(4.7B)	(4.7B)	(6.1B)	(5.5B)	(5.8B)
Other Assets	9.1B	9.4B	9.1B	(360.6M)	6.9B	6.0B
Cash And Short Term Investments	982.8M	691.4M	801.9M	7M	1.2B	1.3B
Net Receivables	4.3B	3M	7.3M	44.9M	53.1M	50.4M
Common Stock Shares Outstanding	34.2M	34.6M	34.8M	35.0M	31.5M	26.7M
Short Term Investments	845M	542.6M	655.8M	1.8M	429.5M	461.8M
Liabilities And Stockholders Equity	10.5B	10.5B	10.3B	1.3B	8.5B	7.1B
Non Current Liabilities Total	8.7B	8.6B	(25M)	67.1M	77.2M	73.3M
Other Stockholder Equity	921.5M	1.1B	1.1B	1.1B	51.1M	48.5M
Total Liab	8.7B	8.6B	32M	67.1M	7.2B	7.6B
Total Current Assets	982.8M	694.4M	809.2M	51.9M	1.3B	1.3B
Common Stock	45.7M	46M	46.2M	46.4M	1.1B	1.1B
Accumulated Other Comprehensive Income	2.8M	58.6M	(22.7M)	(305.1M)	51.8M	54.4M
Intangible Assets	91.8M	60.5M	17.3M	44.9M	180.6M	189.6M
Net Tangible Assets	1.6B	1.5B	1.5B	1.5B	1.7B	1.6B
Long Term Debt	580.7M	580.2M	578.7M	458.7M	527.5M	468.5M
Common Stock Total Equity	40.4M	45.3M	45.7M	46M	52.9M	43.3M
Retained Earnings Total Equity	977M	862.6M	811.1M	684.1M	615.7M	696.0M
Long Term Debt Total	580.7M	580.2M	578.7M	458.7M	527.5M	468.5M
Capital Surpluse	1.1B	1.4B	1.4B	1.4B	1.6B	1.2B
Long Term Investments	4.8B	4.8B	5.1B	5.3B	6.1B	5.0B
Non Current Liabilities Other	6.3B	7.2B	8.2B	8.1B	9.4B	6.5B

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When determining whether Argo Group 65 is a strong investment it is important to analyze Argo Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Argo Group's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:

How To Invest In Argo

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Is Argo Stock a good investment?

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What is Argo Group's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Group 65. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Argo Group. If investors know Argo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Argo Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Argo Group 65 is measured differently than its book value, which is the value of Argo that is recorded on the company's balance sheet. Investors also form their own opinion of Argo Group's value that differs from its market value or its book value, called intrinsic value, which is Argo Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Argo Group's market value can be influenced by many factors that don't directly affect Argo Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Argo Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Argo Net Income vs Ebit Analysis

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

Correlation Coefficient

Net Income

Ebit

Argo Group fundamental ratios Correlations

Argo Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Argo Group fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Long Term Debt Total	+ 1.0	Long Term Debt
Other Assets	+ 0.99	Total Assets
Common Stock	+ 0.98	Cash
Common Stock Total Equity	+ 0.88	Net Tangible Assets
Total Current Assets	+ 0.85	Cash

Cash	- 1.0	Net Debt
Common Stock	- 0.97	Net Debt
Intangible Assets	- 0.89	Other Stockholder Equity
Total Current Assets	- 0.87	Net Debt
Cash And Short Term Investments	- 0.85	Net Debt
Long Term Debt Total	- 0.84	Accounts Payable