AGCO Balance Sheet Health
Financial Health criteria checks 4/6
AGCO has a total shareholder equity of $4.6B and total debt of $3.9B, which brings its debt-to-equity ratio to 85.9%. Its total assets and total liabilities are $13.6B and $9.1B respectively. AGCO's EBIT is $1.4B making its interest coverage ratio 45.8. It has cash and short-term investments of $657.3M.
Key information
85.9%
Debt to equity ratio
US$3.92b
Debt
| Interest coverage ratio | 45.8x |
| Cash | US$657.30m |
| Equity | US$4.56b |
| Total liabilities | US$9.06b |
| Total assets | US$13.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGCO's short term assets ($6.6B) exceed its short term liabilities ($4.4B).
Long Term Liabilities: AGCO's short term assets ($6.6B) exceed its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: AGCO's net debt to equity ratio (71.5%) is considered high.
Reducing Debt: AGCO's debt to equity ratio has increased from 59% to 85.9% over the past 5 years.
Debt Coverage: AGCO's debt is well covered by operating cash flow (34.1%).
Interest Coverage: AGCO's interest payments on its debt are well covered by EBIT (45.8x coverage).