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$39.8M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CA$1.5B and CA$341.0M respectively. AGF Management's EBIT is CA$137.9M making its interest coverage ratio 26.5. It has cash and short-term investments of CA$46.2M.
Key information
3.6%
Debt to equity ratio
CA$39.85m
Debt
Interest coverage ratio | 26.5x |
Cash | CA$46.18m |
Equity | CA$1.11b |
Total liabilities | CA$341.00m |
Total assets | CA$1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGFM.F's short term assets (CA$102.4M) exceed its short term liabilities (CA$59.3M).
Long Term Liabilities: AGFM.F's short term assets (CA$102.4M) do not cover its long term liabilities (CA$281.7M).
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 18.8% to 3.6% over the past 5 years.
Debt Coverage: AGFM.F's debt is well covered by operating cash flow (198.1%).
Interest Coverage: AGFM.F's interest payments on its debt are well covered by EBIT (26.5x coverage).