AGF Management Balance Sheet Health
Financial Health criteria checks 5/6
AGF Management has a total shareholder equity of CA$1.1B and total debt of CA$44.9M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CA$1.6B and CA$490.2M respectively. AGF Management's EBIT is CA$125.8M making its interest coverage ratio 19. It has cash and short-term investments of CA$66.3M.
Key information
4.0%
Debt to equity ratio
CA$44.89m
Debt
| Interest coverage ratio | 19x |
| Cash | CA$66.33m |
| Equity | CA$1.13b |
| Total liabilities | CA$490.16m |
| Total assets | CA$1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGFM.F's short term assets (CA$125.4M) exceed its short term liabilities (CA$105.5M).
Long Term Liabilities: AGFM.F's short term assets (CA$125.4M) do not cover its long term liabilities (CA$384.7M).
Debt to Equity History and Analysis
Debt Level: AGFM.F has more cash than its total debt.
Reducing Debt: AGFM.F's debt to equity ratio has reduced from 17.6% to 4% over the past 5 years.
Debt Coverage: AGFM.F's debt is well covered by operating cash flow (222%).
Interest Coverage: AGFM.F's interest payments on its debt are well covered by EBIT (19x coverage).