AGF Management Balance Sheet Health
Financial Health criteria checks 5/6
AGF Management has a total shareholder equity of CA$1.1B and total debt of CA$39.8M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CA$1.5B and CA$341.0M respectively. AGF Management's EBIT is CA$137.9M making its interest coverage ratio 26.5. It has cash and short-term investments of CA$46.2M.
Key information
3.6%
Debt to equity ratio
CA$39.85m
Debt
| Interest coverage ratio | 26.5x |
| Cash | CA$46.18m |
| Equity | CA$1.11b |
| Total liabilities | CA$341.00m |
| Total assets | CA$1.45b |
Recent financial health updates
No updates
Recent updates
AGF Management's (TSE:AGF.B) Dividend Will Be CA$0.11
Jun 24
AGF Management (TSE:AGF.B) Is Paying Out A Larger Dividend Than Last Year
Apr 02AGF Management (TSE:AGF.B) Has Announced A Dividend Of CA$0.09
Jan 06AGF Management (TSE:AGF.B) Is Due To Pay A Dividend Of CA$0.09
Dec 23AGF Management (TSE:AGF.B) Has Announced A Dividend Of CA$0.09
Oct 03Is It Worth Buying AGF Management Limited (TSE:AGF.B) For Its 4.3% Dividend Yield?
Mar 14AGF Management (TSE:AGF.B) Has Compensated Shareholders With A Respectable 90% Return On Their Investment
Feb 24Could The AGF Management Limited (TSE:AGF.B) Ownership Structure Tell Us Something Useful?
Feb 07
Should You Be Adding AGF Management (TSE:AGF.B) To Your Watchlist Today?
Jan 20AGF Management Limited (TSE:AGF.B) Insiders Increased Their Holdings
Dec 22Should AGF Management Limited (TSE:AGF.B) Be Part Of Your Dividend Portfolio?
Dec 01Who Has Been Buying AGF Management Limited (TSE:AGF.B) Shares?
Sep 23Is AGF Management Limited's (TSE:AGF.B) 6.1% Dividend Worth Your Time?
Sep 02Financial Position Analysis
Short Term Liabilities: AGF.B's short term assets (CA$102.4M) exceed its short term liabilities (CA$59.3M).
Long Term Liabilities: AGF.B's short term assets (CA$102.4M) do not cover its long term liabilities (CA$281.7M).
Debt to Equity History and Analysis
Debt Level: AGF.B has more cash than its total debt.
Reducing Debt: AGF.B's debt to equity ratio has reduced from 18.8% to 3.6% over the past 5 years.
Debt Coverage: AGF.B's debt is well covered by operating cash flow (198.1%).
Interest Coverage: AGF.B's interest payments on its debt are well covered by EBIT (26.5x coverage).