This company has been acquired
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 $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6B and $271.8M respectively. AssetMark Financial Holdings's EBIT is $207.4M making its interest coverage ratio 22.7. It has cash and short-term investments of $211.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 22.7x |
| Cash | US$211.18m |
| Equity | US$1.35b |
| Total liabilities | US$271.75m |
| 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 23
Should 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 27Financial Position Analysis
Short Term Liabilities: AMK's short term assets ($274.8M) exceed its short term liabilities ($84.0M).
Long Term Liabilities: AMK's short term assets ($274.8M) exceed its long term liabilities ($187.7M).
Debt to Equity History and Analysis
Debt Level: AMK is debt free.
Reducing Debt: AMK has no debt compared to 5 years ago when its debt to equity ratio was 34.1%.
Debt Coverage: AMK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AMK has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/05 02:54 |
| End of Day Share Price | 2024/09/05 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AssetMark Financial Holdings, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Fotheringham | BMO Capital Markets Equity Research |
| Kevin McVeigh | Credit Suisse |
| Alexander Blostein | Goldman Sachs |