Platinum Asset Management Debt 2024

Platinum Asset Management Debt

-82.93 AUD

Platinum Asset Management Dividend yield

19.8 %

Ticker

PTM.AX

ISIN

AU000000PTM6

WKN

A0MSNR

In 2024, Platinum Asset Management's total debt was -82.93 AUD, a 0.89% change from the -82.2 AUD total debt recorded in the previous year.

Platinum Asset Management Aktienanalyse

What does Platinum Asset Management do?

Platinum Asset Management Ltd is an Australian asset management company founded in 1994 by Kerr Neilson. The company is headquartered in Sydney, Australia, and has offices in Hong Kong, London, Tokyo, New York City, and Singapore. The company was started by Kerr Neilson, who had previously worked at Bankers Trust in Sydney, with the goal of creating an independent asset management firm that provides high value to its clients through an actively managed investment strategy. In 1994, he founded Platinum Asset Management Ltd. with an initial capital of AUD 25 million. Platinum Asset Management's business model is based on a long-term and results-oriented investment strategy. Investment decisions are made based on thorough analysis of companies and market trends. The company focuses on companies with strong competitive positions and significant long-term growth opportunities, achieved through investments in global equity markets. Platinum Asset Management offers a variety of products and services tailored to the needs of different clients. The company has a wide range of funds, including equity funds, global funds, Asian funds, and specialized funds such as the Platinum Healthcare Fund. The company is also able to create customized portfolios for individual clients. Platinum's investment strategy has proven to be highly successful. The Platinum International Fund, one of the company's flagship products, has achieved an average return of 12.1% p.a. since its inception in 1995. This is an impressive return, considering that the market achieved an average return of 4.1% p.a. during the same period. Platinum Asset Management is highly popular among clients worldwide due to its business model and successful investment strategy. However, the company has also experienced setbacks in the past, particularly during poor market conditions. For example, in 2018, the company had to cope with a decline in managed assets of AUD 11.6 billion due to investor outflows. Nonetheless, Platinum has never experienced a crisis in its history and has successfully weathered major market events such as the 2008 financial crisis. The company is also active in social initiatives and supports various charitable organizations. They believe that social engagement is an important part of corporate success and contributes to building lasting relationships with clients and society. Overall, Platinum Asset Management is a successful company that focuses on a results-oriented investment strategy to provide long-term value to its clients. It offers a wide range of products and services tailored to individual needs and has an impressive track record. Platinum Asset Management ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Platinum Asset Management's Debt Structure

Platinum Asset Management's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Platinum Asset Management's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Platinum Asset Management’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Platinum Asset Management’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Platinum Asset Management Stock

What is the debt of Platinum Asset Management this year?

Platinum Asset Management has a debt level of -82.93 AUD this year.

What was the debt of Platinum Asset Management compared to the previous year?

The debt of Platinum Asset Management has increased by 0.89% compared to the previous year increased.

What are the consequences of high debt for investors in Platinum Asset Management?

High debt can pose a risk for investors of Platinum Asset Management, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Platinum Asset Management?

Low debt means that Platinum Asset Management has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Platinum Asset Management affect the company?

An increase in debt of Platinum Asset Management can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Platinum Asset Management affect the company?

A reduction in debt of Platinum Asset Management can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Platinum Asset Management?

Some factors that can influence the debt of Platinum Asset Management include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Platinum Asset Management so important for investors?

The debts of Platinum Asset Management are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Platinum Asset Management take to change the debt?

To change the debt, Platinum Asset Management can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Platinum Asset Management pay?

Over the past 12 months, Platinum Asset Management paid a dividend of 0.2 AUD . This corresponds to a dividend yield of about 19.8 %. For the coming 12 months, Platinum Asset Management is expected to pay a dividend of 0.18 AUD.

What is the dividend yield of Platinum Asset Management?

The current dividend yield of Platinum Asset Management is 19.8 %.

When does Platinum Asset Management pay dividends?

Platinum Asset Management pays a quarterly dividend. This is distributed in the months of October, April, September, April.

How secure is the dividend of Platinum Asset Management?

Platinum Asset Management paid dividends every year for the past 21 years.

What is the dividend of Platinum Asset Management?

For the upcoming 12 months, dividends amounting to 0.18 AUD are expected. This corresponds to a dividend yield of 17.73 %.

In which sector is Platinum Asset Management located?

Platinum Asset Management is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Platinum Asset Management kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Platinum Asset Management from 3/22/2024 amounting to 0.086 AUD, you needed to have the stock in your portfolio before the ex-date on 3/7/2024.

When did Platinum Asset Management pay the last dividend?

The last dividend was paid out on 3/22/2024.

What was the dividend of Platinum Asset Management in the year 2023?

In the year 2023, Platinum Asset Management distributed 0.243 AUD as dividends.

In which currency does Platinum Asset Management pay out the dividend?

The dividends of Platinum Asset Management are distributed in AUD.

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Andere Kennzahlen von Platinum Asset Management

Our stock analysis for Platinum Asset Management Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Platinum Asset Management Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.