Affiliated Managers Group Balance Sheet Health
Financial Health criteria checks 4/6
Affiliated Managers Group has a total shareholder equity of $5.0B and total debt of $2.5B, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are $9.1B and $4.1B respectively. Affiliated Managers Group's EBIT is $685.0M making its interest coverage ratio 16.7. It has cash and short-term investments of $1.3B.
Key information
51.1%
Debt to equity ratio
US$2.54b
Debt
| Interest coverage ratio | 16.7x |
| Cash | US$1.27b |
| Equity | US$4.96b |
| Total liabilities | US$4.10b |
| Total assets | US$9.06b |
Recent financial health updates
No updates
Recent updates
Affiliated Managers Group Is Undervalued Against Peer Group
Apr 19Investors Don't See Light At End Of Affiliated Managers Group, Inc.'s (NYSE:AMG) Tunnel
Apr 13
Affiliated Managers Group: Watch Out For Positive Surprises
Dec 18Here's Why We Think Affiliated Managers Group (NYSE:AMG) Is Well Worth Watching
Oct 15Affiliated Managers Group: Spotlight On Recent Deals (Rating Upgrade)
Oct 06Affiliated Managers Group: Rough Seas Ahead But Holding Steady
Jul 27Here's Why We Think Affiliated Managers Group (NYSE:AMG) Might Deserve Your Attention Today
Jul 16Here's Why We Think Affiliated Managers Group (NYSE:AMG) Is Well Worth Watching
Apr 14Affiliated Managers goes ex dividend tomorrow & repurchased $130M common stock
Feb 14Affiliated Managers Q4 2022 Earnings Preview
Feb 03With EPS Growth And More, Affiliated Managers Group (NYSE:AMG) Makes An Interesting Case
Jan 01Buy These Quality Baby Bonds From Affiliated Managers Group Now
Nov 15Affiliated Managers Q3 2022 Earnings Preview
Nov 04Affiliated Managers Q3 2022 Earnings Preview
Oct 28Affiliated Managers: A Bet On The Return Of Active Investing
Oct 18We Ran A Stock Scan For Earnings Growth And Affiliated Managers Group (NYSE:AMG) Passed With Ease
Sep 13Affiliated Managers Group: Positive On Earnings Beat And Favorable Strategy Mix
Aug 05Affiliated Managers Q2 2022 Earnings Preview
Jul 29Is Now The Time To Put Affiliated Managers Group (NYSE:AMG) On Your Watchlist?
Jun 14Here's Why I Think Affiliated Managers Group (NYSE:AMG) Might Deserve Your Attention Today
Mar 16Affiliated Managers Group: Acquisitions And ESG Draw Attention
Oct 15Financial Position Analysis
Short Term Liabilities: AMG's short term assets ($1.6B) exceed its short term liabilities ($410.7M).
Long Term Liabilities: AMG's short term assets ($1.6B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: AMG's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: AMG's debt to equity ratio has increased from 36.8% to 51.1% over the past 5 years.
Debt Coverage: AMG's debt is well covered by operating cash flow (34.5%).
Interest Coverage: AMG's interest payments on its debt are well covered by EBIT (16.7x coverage).