BrightSphere Investment Group Balance Sheet Health

Financial Health criteria checks 3/6

BrightSphere Investment Group has a total shareholder equity of $49.5M and total debt of $273.9M, which brings its debt-to-equity ratio to 553.3%. Its total assets and total liabilities are $611.4M and $561.9M respectively. BrightSphere Investment Group's EBIT is $115.5M making its interest coverage ratio 12.3. It has cash and short-term investments of $146.8M.

Key information

553.3%

Debt to equity ratio

US$273.90m

Debt

Interest coverage ratio	12.3x
Cash	US$146.80m
Equity	US$49.50m
Total liabilities	US$561.90m
Total assets	US$611.40m

Recent financial health updates

No updates

Recent updates

BrightSphere Investment Group Inc.'s (NYSE:BSIG) Shares Lagging The Market But So Is The Business

May 01

BrightSphere Investment Non-GAAP EPS of $0.67 beats by $0.31, revenue of $122.7M beats by $34.5M

Feb 02

BrightSphere Investment GAAP EPS of $0.42, revenue of $86.8M beats by $3M

Nov 03

BrightSphere Investment goes ex-dividend tomorrow

Sep 14

Does BrightSphere Investment Group (NYSE:BSIG) Deserve A Spot On Your Watchlist?

Dec 11

Here's Why I Think BrightSphere Investment Group (NYSE:BSIG) Might Deserve Your Attention Today

Sep 11

Here's Why We Think BrightSphere Investment Group (NYSE:BSIG) Is Well Worth Watching

Jun 05

Financial Position Analysis

Short Term Liabilities: BSIG's short term assets ($293.7M) exceed its short term liabilities ($156.7M).

Long Term Liabilities: BSIG's short term assets ($293.7M) do not cover its long term liabilities ($405.2M).

Debt to Equity History and Analysis

Debt Level: BSIG's net debt to equity ratio (256.8%) is considered high.

Reducing Debt: BSIG's debt to equity ratio has increased from 223.3% to 553.3% over the past 5 years.

Debt Coverage: BSIG's debt is well covered by operating cash flow (24.9%).

Interest Coverage: BSIG's interest payments on its debt are well covered by EBIT (12.3x coverage).

BrightSphere Investment Group Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

BrightSphere Investment Group Inc.'s (NYSE:BSIG) Shares Lagging The Market But So Is The Business

BrightSphere Investment Group Inc., Annual General Meeting, Jun 06, 2024

BrightSphere Investment Group Inc. to Report Q1, 2024 Results on May 02, 2024

Price target increased by 7.6% to US$23.67

Upcoming dividend of US$0.01 per share

Full year 2023 earnings released: EPS: US$1.59 (vs US$2.39 in FY 2022)

CEO, President & Director exercised options and sold US$3.9m worth of stock

Third quarter dividend of US$0.01 announced

Price target increased by 8.2% to US$22.00

BrightSphere Investment Group Inc. to Report Q4, 2023 Results on Feb 01, 2024

BrightSphere Investment Group Inc. (NYSE:BSIG) announces an Equity Buyback for $100 million worth of its shares.

Upcoming dividend of US$0.01 per share at 0.2% yield

Third quarter 2023 earnings released: EPS: US$0.47 (vs US$0.43 in 3Q 2022)

BrightSphere Investment Group Inc. Approves Quarterly Interim Dividend, Payable on December 28, 2023

BrightSphere Investment Group Inc. to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.01 per share at 0.2% yield

New major risk - Financial position

Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.69 in 2Q 2022)

Brightsphere Investment Group Inc. Approves Quarterly Interim Dividend, Payable on September 29, 2023

BrightSphere Investment Group Inc. to Report Q2, 2023 Results on Aug 03, 2023

Upcoming dividend of US$0.01 per share at 0.2% yield

First quarter 2023 earnings released: EPS: US$0.29 (vs US$0.54 in 1Q 2022)

Brightsphere Investment Group Inc. Approves Quarterly Interim Dividend, Payable on June 16, 2023

Insufficient new directors

Senior VP exercised options and sold US$120k worth of stock

Upcoming dividend of US$0.01 per share at 0.2% yield

Full year 2022 earnings released: EPS: US$2.39 (vs US$0.78 in FY 2021)

Executive VP exercised options and sold US$96k worth of stock

Price target increased by 13% to US$23.67

BrightSphere Investment Group Inc. Approves A Quarterly Interim Dividend Payable on March 31, 2023

BrightSphere Investment Non-GAAP EPS of $0.67 beats by $0.31, revenue of $122.7M beats by $34.5M

BrightSphere Investment Group Inc. to Report Q4, 2022 Results on Feb 02, 2023

Price target increased to US$21.00

Upcoming dividend of US$0.01 per share

Third quarter 2022 earnings released: EPS: US$0.43 (vs US$0.54 in 3Q 2021)

Brightsphere Investment Group Inc. Approves Quarterly Interim Dividend, Payable on December 30, 2022

BrightSphere Investment GAAP EPS of $0.42, revenue of $86.8M beats by $3M

BrightSphere Investment Group Inc. to Report Q3, 2022 Results on Nov 03, 2022

Investor sentiment improved over the past week

BrightSphere Investment goes ex-dividend tomorrow

Upcoming dividend of US$0.01 per share

Second quarter 2022 earnings released: EPS: US$0.69 (vs US$0.38 loss in 2Q 2021)

BrightSphere Investment Group Inc. Approves Quarterly Interim Dividend, Payable on September 30, 2022

Price target decreased to US$20.33

BrightSphere Investment Group Inc. to Report Q2, 2022 Results on Jul 28, 2022

Price target decreased to US$22.25

Upcoming dividend of US$0.01 per share

Price target decreased to US$24.25

First quarter 2022 earnings released: EPS: US$0.54 (vs US$0.063 in 1Q 2021)

BrightSphere Investment Group Inc., Annual General Meeting, Jun 07, 2022

BrightSphere Investment Group Inc. to Report Q1, 2022 Results on May 05, 2022

Upcoming dividend of US$0.01 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

CEO, President & Director exercised options and sold US$4.9m worth of stock

Price target decreased to US$28.00

CEO, President & Director notifies of intention to sell stock

CEO, President & Director exercised options and sold US$6.0m worth of stock

CEO, President & Director notifies of intention to sell stock

Does BrightSphere Investment Group (NYSE:BSIG) Deserve A Spot On Your Watchlist?

Upcoming dividend of US$0.01 per share

Executive VP exercised options and sold US$2.3m worth of stock

Price target increased to US$32.00

Third quarter 2021 earnings released: EPS US$0.54 (vs US$0.47 in 3Q 2020)

Price target increased to US$29.75

Here's Why I Think BrightSphere Investment Group (NYSE:BSIG) Might Deserve Your Attention Today

Upcoming dividend of US$0.01 per share

J.P. Morgan Asset Management, Inc. completed the acquisition of Campbell Global from BrightSphere Investment Group Inc. (NYSE:BSIG) and Campbell's management.

Second quarter 2021 earnings released: US$0.38 loss per share (vs US$0.23 profit in 2Q 2020)

Pendal Group Limited (ASX:PDL) completed the acquisition of Thompson, Siegel & Walmsley LLC from BrightSphere Investment Group Inc. (NYSE:BSIG) and management of Thompson, Siegel & Walmsley LLC.

J.P. Morgan Asset Management, Inc. entered into an agreement to acquire Campbell Global from BrightSphere Investment Group Inc. (NYSE:BSIG) on June 21, 2021.

Here's Why We Think BrightSphere Investment Group (NYSE:BSIG) Is Well Worth Watching

Ares Management Corporation (NYSE:ARES) completed the acquisition of Landmark Partners LLC from BrightSphere Investment Group Inc. (NYSE:BSIG) and management of Landmark.

Upcoming dividend of US$0.01 per share

Pendal Group Limited (ASX:PDL) entered into a definitive agreement to acquire Thompson, Siegel & Walmsley LLC from BrightSphere Investment Group Inc. (NYSE:BSIG) and management of Thompson, Siegel & Walmsley LLC for approximately $320 million.

First quarter 2021 earnings released: EPS US$0.11 (vs US$0.38 in 1Q 2020)