AssetMark Financial Holdings Balance Sheet Health
Financial Health criteria checks 6/6
AssetMark Financial Holdings has a total shareholder equity of $1.3B and total debt of $93.5M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are $1.6B and $353.2M respectively. AssetMark Financial Holdings's EBIT is $200.4M making its interest coverage ratio 22. It has cash and short-term investments of $235.7M.
Key information
7.4%
Debt to equity ratio
US$93.54m
Debt
Interest coverage ratio | 22x |
Cash | US$235.68m |
Equity | US$1.27b |
Total liabilities | US$353.18m |
Total assets | US$1.62b |
Recent financial health updates
No updates
Recent updates
The Price Is Right For AssetMark Financial Holdings, Inc. (NYSE:AMK)
Jan 23Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?
Dec 08AssetMark Is Primed For Investment In Growth And Efficiency (Upgrade)
Nov 10Here's Why We Think AssetMark Financial Holdings (NYSE:AMK) Is Well Worth Watching
Sep 08AssetMark Sees Asset Inflow Improvement But Leading Indicators Are Cloudy
Jul 28Here's Why AssetMark Financial Holdings (NYSE:AMK) Has Caught The Eye Of Investors
Jun 08Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?
Feb 28AssetMark Financial Holdings: Increasing Assets Under Management, A Stock To Buy
Feb 21AssetMark Financial's platform assets rise 5.2% in November vs. October
Dec 13AssetMark Financial platform assets dip 5.9% in September, net flows drop 62.3%
Oct 10AssetMark Financial platform assets rose over 5% in July, net flows slid
Aug 10AssetMark Non-GAAP EPS of $0.44 beats by $0.03, revenue of $151.2M beats by $43.74M
Aug 03AssetMark Financial platform assets dip to $82.1B in June
Jul 11AssetMark Financial Holdings, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 09Reflecting on AssetMark Financial Holdings' (NYSE:AMK) Share Price Returns Over The Last Year
Feb 27AssetMark reports 20% growth in December platform assets
Jan 11AssetMark Financial reported 18% Y/Y growth in platform assets
Dec 10AssetMark Financial Holdings downsized FY2020 outlook
Dec 08AssetMark Financial Holdings, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 11Financial Position Analysis
Short Term Liabilities: AMK's short term assets ($291.1M) exceed its short term liabilities ($75.8M).
Long Term Liabilities: AMK's short term assets ($291.1M) exceed its long term liabilities ($277.3M).
Debt to Equity History and Analysis
Debt Level: AMK has more cash than its total debt.
Reducing Debt: AMK's debt to equity ratio has reduced from 35.1% to 7.4% over the past 5 years.
Debt Coverage: AMK's debt is well covered by operating cash flow (186.7%).
Interest Coverage: AMK's interest payments on its debt are well covered by EBIT (22x coverage).