Associate Global Partners (ASX:APL) Financial Strength: 4 (As of Dec. 2025) — 20% Below Median

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ASX:APL Associate Global Partners Ltd ASX:APL
28 GF Score
Price A$0.27
GF Value A$0.18
Valuation Significantly Overvalued
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What is Associate Global Partners Financial Strength?

Associate Global Partners ASX:APL 28 Financial Strength is 4 as of Dec. 2025, which is 20% below its 10-year median of 5.00. GuruFocus rates ASX:APL with a GF Score™ of 28/100 and a GF Value™ of A$0.18 (Significantly Overvalued).

Associate Global Partners has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Associate Global Partners's interest coverage with the available data. Associate Global Partners's debt to revenue ratio for the quarter that ended in Dec. 2025 was 0.26. Altman Z-Score does not apply to banks and insurance companies.


Associate Global Partners  (ASX:APL) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Associate Global Partners has the Financial Strength Rank of 4.


Associate Global Partners Financial Strength Related Terms

ASX:APL
28GF Score
Associate Global Partners Ltd ASX:APL
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Associate Global Partners Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Associate Global Partners's Interest Expense for the months ended in Dec. 2025 was A$-0.15 Mil. Its Operating Income for the months ended in Dec. 2025 was A$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.58 Mil.

Associate Global Partners's Interest Coverage for the quarter that ended in Dec. 2025 is

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Associate Global Partners Ltd has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

Associate Global Partners's Debt to Revenue Ratio for the quarter that ended in Dec. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.194 + 0.577) / 6.866
=0.26

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 4 mean?
Associate Global Partners (ASX:APL) has a Financial Strength of 4 as of Dec. 2025. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Associate Global Partners and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Associate Global Partners' Financial Strength has ranged from 3.00 to 10.00.
Is Associate Global Partners' Financial Strength too high?
Associate Global Partners' current Financial Strength of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 10.00. Overall, Associate Global Partners has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Associate Global Partners' Financial Strength compare to BLK and BX?
Associate Global Partners' Financial Strength of 4 can be compared against companies in the Asset Management industry. Historically, Associate Global Partners' own Financial Strength has ranged from 3.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Asset Management company?
A good Financial Strength depends on the Asset Management industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Associate Global Partners and its competitors. Associate Global Partners's current Financial Strength is 4, which is 20% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associate Global Partners stock overvalued right now?
Based on GuruFocus' analysis, Associate Global Partners (ASX:APL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.18, compared to a current price of A$0.27 — trading 50% above its estimated fair value. The current Financial Strength is 4, which is 20% below median its 10-year median of 5.00. Associate Global Partners' overall GF Score™ is 28/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Associate Global Partners (ASX:APL), the current Financial Strength is 4 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Associate Global Partners (ASX:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Associate Global Partners stock appears to be overvalued. The current stock price of A$0.27 is trading 50% above its estimated GF Value™ of A$0.18. GuruFocus considers Associate Global Partners to be Significantly Overvalued.

Key valuation signals for ASX:APL:

  • Financial Strength: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: A$0.18 vs. price of A$0.27 (50% above fair value)
  • GF Score™: 28/100

No single metric tells the full story. See the ASX:APL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Associate Global Partners Business Description

Address 2 Chifley Square, Level 12, Sydney, NSW, AUS, 2000
Associate Global Partners Ltd is an independent, multi-boutique asset management firm. It has developed a distribution platform that provides investment managers with an end-to-end distribution solution that promotes their brand and grows funds under management (FUM).
28GF Score

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Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.27
Price
A$0.18
GF Value