Argo Group International Holdings, Ltd. (ARGO) financial statements (2021 and earlier)

Company profile

Business Address 110 PITTS BAY ROAD
PEMBROKE, HM 08
State of Incorp.
Fiscal Year End December 31
SIC 6361 - Title Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments868983622545492333357
Cash and cash equivalents1491381391778612281
Short-term investments719845482369406211276
Receivables   31120
Total current assets:868983622548492344357
Noncurrent Assets
Operating lease, right-of-use asset8292
Property, plant and equipment130140155151142133103
Intangible assets, net (including goodwill)208253271258220226231
Goodwill147161177161152152152
Intangible assets, net (excluding goodwill)61929497687379
Regulated entity, other noncurrent assets44444  
Deferred income tax assets17 
Total noncurrent assets:441489429413366359334
Other undisclosed assets9,1579,0438,5077,8036,3475,9275,666
TOTAL ASSETS:10,46610,5159,5588,7647,2056,6306,356
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred tax liabilities  1128
Total current liabilities:    1128
Noncurrent Liabilities
Long-term debt and lease obligation61565859555561
Long-term debt, excluding current maturities61565859555561
Total noncurrent liabilities:61565859555561
Other undisclosed liabilities8,5478,6777,7546,8855,3574,9074,621
Total liabilities:8,6088,7337,8126,9445,4124,9624,710
Stockholders' equity
Stockholders' equity attributable to parent1,8581,7811,7471,8201,7931,6681,647
Preferred stock144      
Common stock46464540403734
Treasury stock, value(455)(455)(455)(423)(378)(331)(301)
Additional paid in capital1,3801,3771,3721,1291,123965836
Accumulated other comprehensive income (loss)593(78)974812108
Retained earnings684811863977960986969
Total stockholders' equity:1,8581,7811,7471,8201,7931,6681,647
TOTAL LIABILITIES AND EQUITY:10,46610,5159,5588,7647,2056,6306,356

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,8941,9701,8021,7741,5771,4851,519
Premiums earned, net1,7811,730 
Financial services revenue1,7321,5721,4111,3721,338
Cost of revenue
(Financial Services Costs)
      (747)
Gross profit:1,8941,9701,8021,7741,5771,485771
Operating expenses(391)(395)(352)(359)(292) (819)
Operating income (loss):1,5031,5751,4501,4151,2841,485(48)
Nonoperating income (expense)(21)(28)0(6)518(20)
Investment income, nonoperating      (28)
Foreign currency transaction gain (loss), before tax(15)100(6)5188
Other nonoperating expense(6)(38)     
Interest and debt expense(27)(34)(32)(28)(20)(19)(20)
Other undisclosed income from continuing operations before equity method investments, income taxes      303
Income from continuing operations before equity method investments, income taxes:1,4551,5131,4191,3811,2691,484216
Other undisclosed loss from continuing operations before income taxes(1,501)(1,513)(1,351)(1,341)(1,087)(1,306) 
Income (loss) from continuing operations before income taxes:(46)06840182178216
Income tax expense (benefit)(8)(9)(4)10(35)(14)(33)
Net income (loss) attributable to parent:(54)(8)6450147163183
Preferred stock dividends and other adjustments(5)      
Net income (loss) available to common stockholders, diluted:(59)(8)6450147163183

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(54)(8)6450147163183
Other comprehensive income (loss)5081(78)4936(97)(40)
Comprehensive income (loss), net of tax, attributable to parent:(4)73(14)9918367144

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: