AssetMark Financial Holdings, Inc.

NYSE:AMK Stock Report

Market Cap: US$2.6b

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 ratio22x
CashUS$235.68m
EquityUS$1.27b
Total liabilitiesUS$353.18m
Total assetsUS$1.62b

Recent financial health updates

No updates

Recent updates

The Price Is Right For AssetMark Financial Holdings, Inc. (NYSE:AMK)

Jan 23
The Price Is Right For AssetMark Financial Holdings, Inc. (NYSE:AMK)

Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?

Dec 08
Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?

AssetMark Is Primed For Investment In Growth And Efficiency (Upgrade)

Nov 10

Here's Why We Think AssetMark Financial Holdings (NYSE:AMK) Is Well Worth Watching

Sep 08
Here's Why We Think AssetMark Financial Holdings (NYSE:AMK) Is Well Worth Watching

AssetMark Sees Asset Inflow Improvement But Leading Indicators Are Cloudy

Jul 28

Here's Why AssetMark Financial Holdings (NYSE:AMK) Has Caught The Eye Of Investors

Jun 08
Here's Why AssetMark Financial Holdings (NYSE:AMK) Has Caught The Eye Of Investors

Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?

Feb 28
Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?

AssetMark Financial Holdings: Increasing Assets Under Management, A Stock To Buy

Feb 21

AssetMark Financial's platform assets rise 5.2% in November vs. October

Dec 13

AssetMark Financial platform assets dip 5.9% in September, net flows drop 62.3%

Oct 10

AssetMark Financial platform assets rose over 5% in July, net flows slid

Aug 10

AssetMark Non-GAAP EPS of $0.44 beats by $0.03, revenue of $151.2M beats by $43.74M

Aug 03

AssetMark Financial platform assets dip to $82.1B in June

Jul 11

AssetMark Financial Holdings, Inc. 2021 Q1 - Results - Earnings Call Presentation

May 09

Reflecting on AssetMark Financial Holdings' (NYSE:AMK) Share Price Returns Over The Last Year

Feb 27
Reflecting on AssetMark Financial Holdings' (NYSE:AMK) Share Price Returns Over The Last Year

AssetMark reports 20% growth in December platform assets

Jan 11

AssetMark Financial reported 18% Y/Y growth in platform assets

Dec 10

AssetMark Financial Holdings downsized FY2020 outlook

Dec 08

AssetMark Financial Holdings, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 11

Financial 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).


Balance Sheet


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