AGCO Balance Sheet Health
Financial Health criteria checks 6/6
AGCO has a total shareholder equity of $4.7B and total debt of $1.4B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are $11.4B and $6.8B respectively. AGCO's EBIT is $1.7B making its interest coverage ratio 370.6. It has cash and short-term investments of $595.5M.
Key information
29.9%
Debt to equity ratio
US$1.39b
Debt
| Interest coverage ratio | 370.6x |
| Cash | US$595.50m |
| Equity | US$4.66b |
| Total liabilities | US$6.76b |
| Total assets | US$11.42b |
Recent financial health updates
AGCO (NYSE:AGCO) Has A Pretty Healthy Balance Sheet
Jan 25
Here's Why AGCO (NYSE:AGCO) Can Manage Its Debt Responsibly
Sep 20These 4 Measures Indicate That AGCO (NYSE:AGCO) Is Using Debt Reasonably Well
May 31Is AGCO (NYSE:AGCO) Using Too Much Debt?
Feb 27Does AGCO (NYSE:AGCO) Have A Healthy Balance Sheet?
Nov 17Recent updates
AGCO Corporation's (NYSE:AGCO) Business And Shares Still Trailing The Market
Apr 18AGCO (NYSE:AGCO) Knows How To Allocate Capital Effectively
Apr 01AGCO Corporation: Wonderful Business Model, Quality Metrics, And Undervalued Opportunity
Mar 24AGCO May Be One Of The Cheapest (Special) Dividend Stocks On The Market
Mar 13Should You Think About Buying AGCO Corporation (NYSE:AGCO) Now?
Feb 08AGCO (NYSE:AGCO) Has A Pretty Healthy Balance Sheet
Jan 25Calculating The Fair Value Of AGCO Corporation (NYSE:AGCO)
Jan 13AGCO: Tactical Cycle Opportunity And Potential Competitive Value
Jan 02With EPS Growth And More, AGCO (NYSE:AGCO) Makes An Interesting Case
Jan 01AGCO Corporation's (NYSE:AGCO) Shares Lagging The Market But So Is The Business
Dec 20AGCO (NYSE:AGCO) Could Become A Multi-Bagger
Dec 08AGCO: Betting On Higher Margins
Nov 28AGCO Corporation Q3: Reiterate Buy Rating On Strong Order Book Visibility
Nov 21AGCO: Compelling Valuation For One Of The Market Leaders
Nov 07Is AGCO Corporation (NYSE:AGCO) Trading At A 36% Discount?
Oct 03AGCO: Cultivating Success In Deere's Backyard
Sep 20Here's Why AGCO (NYSE:AGCO) Can Manage Its Debt Responsibly
Sep 20AGCO (NYSE:AGCO) Is Achieving High Returns On Its Capital
Sep 04We Ran A Stock Scan For Earnings Growth And AGCO (NYSE:AGCO) Passed With Ease
Aug 21AGCO Corporation: Bullish Trends Ahead Of Earnings, A Weaker Dollar Beneficiary
Jul 24Should You Think About Buying AGCO Corporation (NYSE:AGCO) Now?
Jul 06Estimating The Intrinsic Value Of AGCO Corporation (NYSE:AGCO)
Jun 12These 4 Measures Indicate That AGCO (NYSE:AGCO) Is Using Debt Reasonably Well
May 31Does AGCO (NYSE:AGCO) Deserve A Spot On Your Watchlist?
May 19AGCO (NYSE:AGCO) Knows How To Allocate Capital Effectively
May 07At US$129, Is AGCO Corporation (NYSE:AGCO) Worth Looking At Closely?
Mar 28Are Investors Undervaluing AGCO Corporation (NYSE:AGCO) By 38%?
Mar 13Is AGCO (NYSE:AGCO) Using Too Much Debt?
Feb 27AGCO Q4 2022 Earnings Preview
Feb 06Is Now The Time To Put AGCO (NYSE:AGCO) On Your Watchlist?
Feb 03AGCO's Challenge To Deere: The Green Tractors Battle
Jan 28AGCO declares $0.24 dividend
Jan 20We Like These Underlying Return On Capital Trends At AGCO (NYSE:AGCO)
Jan 09Is It Too Late To Consider Buying AGCO Corporation (NYSE:AGCO)?
Dec 27AGCO forecasts revenue, profit above estimates
Dec 16Calculating The Fair Value Of AGCO Corporation (NYSE:AGCO)
Dec 03Does AGCO (NYSE:AGCO) Have A Healthy Balance Sheet?
Nov 17Agriculture Tailwinds Offer Strong Upside For Deere And AGCO
Nov 14AGCO Corporation: Turnaround Quarter Has Come
Nov 08AGCO declares $0.24 dividend
Oct 27Does AGCO (NYSE:AGCO) Deserve A Spot On Your Watchlist?
Oct 24My Top 2 Agriculture Picks: Deere And AGCO
Oct 10Financial Position Analysis
Short Term Liabilities: AGCO's short term assets ($6.3B) exceed its short term liabilities ($4.3B).
Long Term Liabilities: AGCO's short term assets ($6.3B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: AGCO's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: AGCO's debt to equity ratio has reduced from 49.6% to 29.9% over the past 5 years.
Debt Coverage: AGCO's debt is well covered by operating cash flow (79.2%).
Interest Coverage: AGCO's interest payments on its debt are well covered by EBIT (370.6x coverage).