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AGF Management (AGF Management) Equity-to-Asset : 0.77 (As of Feb. 2024)


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What is AGF Management Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AGF Management's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $822.3 Mil. AGF Management's Total Assets for the quarter that ended in Feb. 2024 was $1,074.9 Mil. Therefore, AGF Management's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.77.

The historical rank and industry rank for AGF Management's Equity-to-Asset or its related term are showing as below:

AGFMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.69   Max: 0.78
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of AGF Management was 0.78. The lowest was 0.62. And the median was 0.69.

AGFMF's Equity-to-Asset is ranked worse than
56.28% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs AGFMF: 0.77

AGF Management Equity-to-Asset Historical Data

The historical data trend for AGF Management's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AGF Management Equity-to-Asset Chart

AGF Management Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.75 0.76 0.75 0.77

AGF Management Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.77 0.77 0.77 0.77

Competitive Comparison of AGF Management's Equity-to-Asset

For the Asset Management subindustry, AGF Management's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AGF Management's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AGF Management's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where AGF Management's Equity-to-Asset falls into.



AGF Management Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

AGF Management's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=794.409/1036.17
=0.77

AGF Management's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=822.304/1074.897
=0.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AGF Management  (OTCPK:AGFMF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


AGF Management Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of AGF Management's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


AGF Management (AGF Management) Business Description

Traded in Other Exchanges
Address
81 Bay Street, Suite 3900, CIBC SQUARE, Tower One, Toronto, ON, CAN, M5J 0G1
AGF Management is a Canada-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of September, the firm had CAD 41.0 billion in total assets under management. Its funds are weighted more heavily toward equities, with close to three fourths of retail AUM being equity-related. That said, the company does use fundamental, quantitative, and alternative strategies to manage its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with one fourth of its total AUM derived from institutional and subadvised accounts. The company derives 17% of its managed assets from high-net-worth clients.

AGF Management (AGF Management) Headlines

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