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Apollo Global Management Financial Strength

: 4 (As of Jun. 2022)
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Apollo Global Management has the Financial Strength Rank of 4.

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

Apollo Global Management did not have earnings to cover the interest expense. Apollo Global Management's debt to revenue ratio for the quarter that ended in Jun. 2022 was 0.87. As of today, Apollo Global Management's Altman Z-Score is -0.21.


Competitive Comparison

For the Asset Management subindustry, Apollo Global Management's Financial Strength, along with its competitors' market caps and Financial Strength 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.

   

Apollo Global Management Financial Strength Distribution

For the Asset Management industry and Financial Services sector, Apollo Global Management's Financial Strength distribution charts can be found below:

* The bar in red indicates where Apollo Global Management's Financial Strength falls into.



Apollo Global Management 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:

Apollo Global Management's Interest Expense for the months ended in Jun. 2022 was $-65 Mil. Its Operating Income for the months ended in Jun. 2022 was $-3,513 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $7,873 Mil.

Apollo Global Management's Interest Coverage for the quarter that ended in Jun. 2022 is

Apollo Global Management did not have earnings to cover the interest expense.

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

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

Apollo Global Management's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(35 + 7873) / 9088
=0.87

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.

Apollo Global Management has a Z-score of -0.21, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.21 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


Apollo Global Management  (NYSE:APO) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Apollo Global Management has the Financial Strength Rank of 4.


Apollo Global Management Financial Strength Related Terms

Thank you for viewing the detailed overview of Apollo Global Management's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Apollo Global Management Business Description

Apollo Global Management logo
Address
9 West 57th Street, 43rd Floor, New York, NY, USA, 10019
Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Private Equity, Credit, and Real Assets. It generates maximum revenue from the Credit segment in the form of fees. The credit segment primarily invests in non-control corporate and structured debt instruments including performing, stressed and distressed instruments across the capital structure. It also includes Corporate Credit; Structured Credit; Direct Origination and Advisory and Other.
Executives
Bibliowicz Jessica M director NATIONAL FINANCIAL PARTNERS CORP. 340 MADISON AVENUE, 20TH FL NEW YORK NY 10173
Tanguy Louis-jacques officer: Chief Acct. Off. & Controller C/O APOLLO GLOBAL MANAGEMENT, INC. 9 WEST 57TH STREET, 43RD FLOOR NEW YORK NY 10019
Belardi James Richard director, officer: CEO of Athene Holding Ltd. C/O ATHENE HOLDING LTD. WASHINGTON HOUSE, 16 CHURCH STREET HAMILTON D0 HM 11
Kelly Martin officer: Chief Financial Officer APOLLO GLOBAL MANAGEMENT, LLC 9 WEST 57TH STREET, 48TH FLOOR NEW YORK NY 10019
Rowan Marc J director, officer: Chief Executive Officer, other: See Remarks APOLLO ADVISORS LP 1301 AVE OF THE AMERICAS NEW YORK NY 10019
Ducey Michael E director
O'neill Mitra director C/O ATHENE HOLDING LTD. WASHINGTON HOUSE, 16 CHURCH STREET HAMILTON D0 HM 11
Joyner Pamela J director C/O APOLLO GLOBAL MANAGEMENT, INC. 9 WEST 57TH STREET, 43RD FLOOR NEW YORK NY 10019
Mjr Foundation Llc other: See Remarks 65 EAST 55TH STREET 31ST FLOOR NEW YORK NY 10022
Clayton Walter Joseph Iii director C/O APOLLO GLOBAL MANAGEMENT, INC. 9 WEST 57TH STREET, 43RD FLOOR NEW YORK NY 10019
Healey Kerry Murphy director C/O APOLLO GLOBAL MANAGEMENT, INC. 9 WEST 57TH STREET, 43RD FLOOR NEW YORK NY 10019
Rwn Management, Llc other: See Remarks 65 EAST 55TH STREET 31ST FLOOR NEW YORK NY 10022
Ldb 2014 Llc other: See remarks. ELYSIUM MANAGEMENT LLC SUITE 1401, 445 PARK AVENUE NEW YORK NY 10022
Heritage Trust U/a/d 11/12/2018 other: See remarks. ELYSIUM MANAGEMENT LLC SUITE 1401, 445 PARK AVENUE NEW YORK NY 10022
Alchemy Group Holdings Llc other: See Remarks 65 EAST 55TH STREET 31ST FLOOR NEW YORK NY 10022

Apollo Global Management Headlines

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