Argo Group ROA 2024

Argo Group ROA

-2.38

Argo Group Dividend yield

22.68 %

Ticker

ARGO.L

ISIN

IM00B2RDSS92

WKN

A0Q2GA

In 2024, Argo Group's return on assets (ROA) was -2.38, a 1,332.64% increase from the -0.17 ROA in the previous year.

Argo Group Aktienanalyse

What does Argo Group do?

Argo Group Ltd is a leading global company specializing in insurance and reinsurance. It was originally known as Argonaut Insurance Company and was founded in 1948. The company has since grown into an international conglomerate headquartered in Hamilton, Bermuda. The business model of Argo Group Ltd involves assuming risks from various companies and institutions and charging premiums for them. These premiums are then used to cover damages or losses that may occur due to events such as natural disasters, accidents, or other unforeseen circumstances. The company operates in various sectors, including Property & Casualty, Specialty, Reinsurance, Bermuda, and London Markets. The Property & Casualty division offers insurance solutions for businesses and individuals. This includes a wide range of products, such as auto insurance, property insurance, liability insurance, and more. Additionally, Argo Group Ltd supports its clients with risk-based analysis and advisory services to ensure optimal coverage. In the Specialty division, the company focuses on specialized insurance solutions for different sectors. This includes risks related to transportation, aerospace, energy and utilities, as well as cyber risks. With tailored insurance solutions and comprehensive expertise in risk-based analysis and advisory, Argo Group Ltd meets the specific needs of its clients. The Reinsurance division provides companies with reinsurance protection to reduce the risk of damages caused by events such as natural disasters, fires, or other unforeseen circumstances. Reinsurance refers to the transfer of a portion of risk from one insurance company to another. Argo Group Ltd is recognized as a reputable reinsurance partner for companies worldwide. The Bermuda and London Markets divisions operate as independent insurance entities in their respective areas. In Bermuda, the company offers specialized insurance solutions to businesses and individuals requiring global coverage. In London Markets, Argo Group Ltd collaborates with a network of insurance brokers and agents to provide specialized insurance solutions for underserved market segments. Argo Group Ltd distinguishes itself through high customer orientation, comprehensive industry expertise, and a strong risk management culture. The company aims to achieve sustainable value creation for shareholders and customers. It places great importance on responsible and transparent corporate governance and sets high standards in terms of compliance and corporate social responsibility. Argo Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Argo Group's Return on Assets (ROA)

Argo Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Argo Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Argo Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Argo Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Argo Group Stock

What is the Return on Assets (ROA) of Argo Group this year?

The Return on Assets (ROA) of Argo Group is -2.38 undefined this year.

What was the ROA of Argo Group compared to the previous year?

The ROA of Argo Group has increased by 1,332.64% compared to the previous year.

What consequences do high ROA have for investors of Argo Group?

A high ROA is advantageous for investors of Argo Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Argo Group?

A low ROA can be unfavorable for investors of Argo Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Argo Group affect the company?

An increase in ROA of Argo Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Argo Group impact the company?

A reduction in the ROA of Argo Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Argo Group?

Some factors that can influence the ROA of Argo Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Argo Group important for investors?

The ROA of Argo Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Argo Group take to improve ROA?

To improve ROA, Argo Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Argo Group pay?

Over the past 12 months, Argo Group paid a dividend of 0.01 USD . This corresponds to a dividend yield of about 22.68 %. For the coming 12 months, Argo Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Argo Group?

The current dividend yield of Argo Group is 22.68 %.

When does Argo Group pay dividends?

Argo Group pays a quarterly dividend. This is distributed in the months of June, June, June, April.

How secure is the dividend of Argo Group?

Argo Group paid dividends every year for the past 0 years.

What is the dividend of Argo Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Argo Group located?

Argo Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Argo Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Argo Group from 4/26/2013 amounting to 0.013 USD, you needed to have the stock in your portfolio before the ex-date on 3/27/2013.

When did Argo Group pay the last dividend?

The last dividend was paid out on 4/26/2013.

What was the dividend of Argo Group in the year 2023?

In the year 2023, Argo Group distributed 0 USD as dividends.

In which currency does Argo Group pay out the dividend?

The dividends of Argo Group are distributed in USD.

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Andere Kennzahlen von Argo Group

Our stock analysis for Argo Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Argo Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.