AGCO Balance Sheet Health
Financial Health criteria checks 5/6
AGCO has a total shareholder equity of $4.8B and total debt of $3.7B, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are $13.5B and $8.7B respectively. AGCO's EBIT is $1.6B making its interest coverage ratio 265.2. It has cash and short-term investments of $2.5B.
Key information
78.4%
Debt to equity ratio
US$3.73b
Debt
Interest coverage ratio | 265.2x |
Cash | US$2.46b |
Equity | US$4.76b |
Total liabilities | US$8.70b |
Total assets | US$13.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGJ's short term assets ($8.4B) exceed its short term liabilities ($4.2B).
Long Term Liabilities: AGJ's short term assets ($8.4B) exceed its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: AGJ's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: AGJ's debt to equity ratio has increased from 62.2% to 78.4% over the past 5 years.
Debt Coverage: AGJ's debt is well covered by operating cash flow (34.6%).
Interest Coverage: AGJ's interest payments on its debt are well covered by EBIT (265.2x coverage).