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AGF Management (TSX:AGF.B) LT-Debt-to-Total-Asset : 0.10 (As of Feb. 2025)


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What is AGF Management LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. AGF Management's long-term debt to total assests ratio for the quarter that ended in Feb. 2025 was 0.10.

AGF Management's long-term debt to total assets ratio increased from Feb. 2024 (0.08) to Feb. 2025 (0.10). It may suggest that AGF Management is progressively becoming more dependent on debt to grow their business.


AGF Management LT-Debt-to-Total-Asset Historical Data

The historical data trend for AGF Management's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

AGF Management Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.07 0.06 0.06

AGF Management Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
LT-Debt-to-Total-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 0.08 0.10 0.08 0.06 0.10

AGF Management LT-Debt-to-Total-Asset Calculation

AGF Management's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (A: Nov. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2024 )/Total Assets (A: Nov. 2024 )
=89.719/1632.704
=0.05

AGF Management's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2025 is calculated as

LT Debt to Total Assets (Q: Feb. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2025 )/Total Assets (Q: Feb. 2025 )
=165.146/1689.445
=0.10

* 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  (TSX:AGF.B) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


AGF Management LT-Debt-to-Total-Asset Related Terms

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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 predominantly a Canadian-based independent asset manager (with some very minor operations and investments in the US, the UK, Ireland, and Asia). At the end of March 2025, the firm had CAD 52.1 billion in total assets under management, or AUM, derived from its retail (CAD 29.8 billion), institutional/sub-advised (CAD 13.8 billion), and high-net worth (CAD 8.5 billion) channels. AGF Management's funds are weighted more heavily toward equities, with roughly three quarters of the firm's reported retail AUM being equity-related. That said, the company does use fundamental, quantitative, and alternative strategies to manage its investment funds.

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