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Asset logo for symbol AMK
Assetmark Financial Holdings
AMK74
$0.27arrow_drop_up1.85%$0.00
High Value
High Quality
Penny Stock
Asset logo for symbol AMK
AMK74

$0.27

arrow_drop_up1.85%

Income Statement (AMK)

itemJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
EBIT$61.65M$55.54M$48.15M$55.46M$46.66M
EBITDA$71.94M$65.46M$57.62M$64.43M$55.34M
gross Profit$87.60M$85.09M$78.98M$92.32M$87.78M
NET Income$32.31M$37.96M$34.63M$38.38M$32.87M
total Revenue$198.49M$190.26M$158.18M$190.52M$183.23M

Balance Sheet (AMK)

itemJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
cash Equivalents---$214.75M$172.81M
net Debt-$173.08M-$139.56M-$112.84M-$93.69M-$52.22M
stockholders Equity$1.34B$1.30B$1.26B$1.22B$1.18B
total Assets$1.61B$1.65B$1.62B$1.60B$1.56B
total Debt$32.59M$123.06M$119.83M$121.05M$120.59M
total Liabilities$271.75M$347.31M$353.18M$378.21M$379.39M

Cash Flow (AMK)

itemJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
financing Cash Flow-$93.75M$0.00$1.36M-$50.00M-$25.00M
free Cash Flow$39.09M$35.51M$3.94M$42.31M$55.13M
investing Cash Flow----$41.94M-$16.00M
operating Cash Flow$52.02M$47.41M$15.24M$53.94M$66.35M

Assetmark Financial Holdings (AMK) Financials

Assetmark Financial Holdings Inc (AMK) is a leading financial services company that specializes in providing wealth management solutions to individuals, families, and institutions. With a strong focus on delivering superior investment performance and personalized advice, AMK has established itself as a trusted partner for investors seeking to achieve their financial goals. The company offers a comprehensive suite of investment management, financial planning, and retirement services, designed to help clients navigate the complexities of the financial markets and make informed investment decisions.
The income statement of Assetmark Financial Holdings Inc (AMK) provides a valuable snapshot of the company's financial performance over a specific period. It outlines the revenue generated, expenses incurred, and ultimately, the net income earned by the company. The statement highlights the company's ability to generate profits and assesses its operational efficiency and overall financial health. Additionally, the income statement reveals important financial ratios such as gross profit margin, net profit margin, and earnings per share, which are crucial for investors and analysts to evaluate the company's profitability and growth potential.
Earnings before interest and taxes (EBIT) is a key financial metric that measures a company's profitability before taking into account interest expenses and income taxes. It is often used to assess the operating performance of a company and compare it with industry peers. For Assetmark Financial Holdings Inc (AMK), the EBIT figure provides insights into the company's ability to generate profits from its core operations and manage its expenses effectively. A higher EBIT indicates stronger operating performance and better profitability prospects.
EBITDA, or earnings before interest, taxes, depreciation, and amortization, is another important financial metric that measures a company's operating performance. It provides a clearer picture of the company's profitability by excluding non-operating expenses such as interest and taxes, as well as non-cash expenses like depreciation and amortization. Assetmark Financial Holdings Inc's EBITDA figure allows investors and analysts to assess the company's underlying cash flow generation capability and evaluate its ability to meet its financial obligations.
Gross profit is an essential measure of a company's financial performance and is derived by subtracting the cost of goods sold from the total revenue. Assetmark Financial Holdings Inc's gross profit reflects the profitability of its primary revenue-generating activities. It indicates the company's ability to control production costs and set appropriate pricing levels for its products or services. A higher gross profit margin signifies that the company is operating efficiently and has a competitive advantage in its industry.
Net income from stockholders is the profit attributable to the shareholders of a company after deducting all expenses, taxes, and dividends. For Assetmark Financial Holdings Inc (AMK), the net income from stockholders represents the earnings available to reward investors and reinvest in the company's growth. It is an important measure of financial performance and is closely monitored by shareholders, analysts, and potential investors when evaluating the company's profitability and ability to generate returns.
Total revenue is the sum of all income generated by a company's core operations, such as sales of goods or services. For Assetmark Financial Holdings Inc (AMK), total revenue represents the aggregate amount of fees earned from providing wealth management solutions to its clients. It is a critical financial metric that reflects the overall performance and growth of the company. Increasing total revenue is indicative of expanding customer base, higher sales volume, or increased pricing power, which are positive signals for investors and stakeholders.
The balance sheet of Assetmark Financial Holdings Inc (AMK) provides a snapshot of the company's financial position at a specific point in time. It summarizes the company's assets, liabilities, and stockholders' equity. The balance sheet is divided into three main sections: assets (including cash equivalents and total assets), liabilities (including total debt and total liabilities), and stockholders' equity. It provides valuable information about the company's liquidity, solvency, and ability to meet financial obligations. Investors, creditors, and analysts refer to the balance sheet to assess the company's financial health and evaluate its investment potential.
Cash equivalents are highly liquid assets that can be readily converted into cash within a short period, typically with a maturity of three months or less. For Assetmark Financial Holdings Inc (AMK), cash equivalents consist of short-term investments and highly liquid securities, which can be used to meet immediate cash needs or take advantage of investment opportunities. The amount of cash equivalents reported on the company's balance sheet reflects its liquidity position and ability to fund its operations, investments, and obligations.
Net debt is a financial metric that measures a company's indebtedness by considering its total debt and subtracting its available cash and cash equivalents. For Assetmark Financial Holdings Inc (AMK), net debt indicates the company's ability to meet its financial obligations using its available cash resources. A lower net debt figure signifies a healthier financial position and reduces the company's exposure to interest rate risk and debt repayment obligations. Investors and lenders closely monitor net debt to assess a company's ability to manage its debt and evaluate its creditworthiness.
Stockholders' equity, also known as shareholders' equity or book value, is the residual interest in the assets of a company after deducting its liabilities. It represents the ownership interest held by the shareholders in a company's net assets. For Assetmark Financial Holdings Inc (AMK), stockholders' equity reflects the cumulative value of the company's retained earnings and capital contributions from its shareholders. It is an essential measure of the company's net worth and is closely monitored by investors and analysts to assess its financial health and evaluate its ability to generate returns for shareholders.
Total assets represent the sum of all the resources owned or controlled by a company, which are expected to have future economic benefits. Assetmark Financial Holdings Inc's total assets include cash and cash equivalents, investments, receivables, property and equipment, and other tangible and intangible assets. This metric provides valuable insights into the company's size, business operations, and investment allocation strategy. Increasing total assets over time is generally indicative of business growth, expansion, or successful investment initiatives.
Total debt is the sum of all the financial obligations of a company, including short-term and long-term borrowings. Assetmark Financial Holdings Inc's total debt represents the company's outstanding loans, lines of credit, and other debt instruments. It reflects the company's leverage and its ability to meet its debt obligations. Investors and creditors closely monitor the level of total debt to assess the company's financial risk and evaluate its ability to repay its debts.
Total liabilities encompass all the financial obligations and debts incurred by a company, including both current and long-term liabilities. For Assetmark Financial Holdings Inc (AMK), total liabilities include accounts payable, accrued expenses, long-term debt, and other financial obligations. It is an essential financial metric that reflects the company's obligations and its ability to meet them. Investors and creditors refer to the total liabilities figure to assess the company's solvency, financial stability, and risk exposure.
Cash flow is a critical financial metric that measures the net amount of cash and cash equivalents generated or consumed by a company's operating, investing, and financing activities during a specified period. Assetmark Financial Holdings Inc's cash flow reflects the company's ability to generate cash from its core operations, make necessary investments, and manage its financing activities. Positive cash flow indicates that the company is generating more cash than it is spending, which is essential for its financial stability and growth potential.
Financing cash flow refers to the net cash inflow or outflow resulting from a company's financing activities, such as obtaining or repaying debt, issuing or repurchasing equity, and paying dividends. Assetmark Financial Holdings Inc's financing cash flow provides insights into the company's capital structure, its ability to secure financing, and its dividend policy. Positive financing cash flow indicates that the company is generating cash from external sources to support its operations and growth.
Free cash flow is a financial metric that measures the amount of cash a company generates after deducting its operating and capital expenditures. Assetmark Financial Holdings Inc's free cash flow represents the cash available for distribution to its investors, reinvestment in the business, or debt reduction. It is a valuable measure of financial performance and is closely monitored by investors to assess the company's ability to generate cash and its potential for sustainable growth.
Investing cash flow encompasses the net cash inflow or outflow resulting from a company's investing activities, such as buying or selling assets, making or receiving loans, or acquiring or divesting subsidiaries. For Assetmark Financial Holdings Inc (AMK), investing cash flow provides insights into the company's capital allocation decisions and investment initiatives. Positive investing cash flow indicates that the company is investing in growth opportunities, acquisitions, or capital assets, which are essential for long-term business expansion.
Operating cash flow is a financial metric that measures the net cash generated or consumed by a company's core operations, excluding financing and investing activities. Assetmark Financial Holdings Inc's operating cash flow reflects the cash generated by providing wealth management solutions, after deducting operating expenses, interest payments, and taxes. Positive operating cash flow indicates that the company's core operations are generating sufficient cash to cover expenses and support business growth.
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