How much debt does M&G have? (2024)

How much debt does M&G have?

M&G has a total shareholder equity of £4.1B and total debt of £8.1B, which brings its debt-to-equity ratio to 198.1%. Its total assets and total liabilities are £189.6B and £185.5B respectively. M&G's EBIT is £1.3B making its interest coverage ratio 3.6. It has cash and short-term investments of £5.6B.

What is the debt to equity ratio of M&G?

Balance Sheet
Total Cash (mrq)5.59B
Total Debt (mrq)8.48B
Total Debt/Equity (mrq)207.54%
Current Ratio (mrq)1.17
Book Value Per Share (mrq)1.74
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Is M&G a good company to invest in?

M&G Plc's analyst rating consensus is a Moderate Buy. This is based on the ratings of 6 Wall Streets Analysts. To buy shares of GB:MNG, you can open a brokerage account.

How big is M&G wealth?

Size, scale and financial strength - M&G Wealth Investments is part of M&G plc, one of the UK's leading savings and investment companies, with £344 billion of assets under management (as at 31 March 2023).

What is M&G Moody's rating?

M&G Group Credit Ratings
Rating TypeMoodys
M&G plcLT SeniorA3 (of 17-10-2023)
LT SubordinatedBaa1
ST SeniorP-2
Financial strength
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Is M&G private equity?

Significant scale and global presence

We offer access to a broad range of capabilities that span both public and private assets, including fixed income, equities, multi-asset, real estate, private credit, infrastructure and private equity..

What is a good debt ratio?

By calculating the ratio between your income and your debts, you get your “debt ratio.” This is something the banks are very interested in. A debt ratio below 30% is excellent. Above 40% is critical. Lenders could deny you a loan.

Who are the largest shareholders of M&G?

Shareholders
NameEquities%
Kingdom Holding Co. (Investment Management) 6.344 %150,327,5386.344 %
Silchester International Investors LLP 5.004 %118,566,1335.004 %
Schroder Investment Management Ltd. 4.841 %114,714,2334.841 %
Norges Bank Investment Management 3.973 %94,148,5533.973 %
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Is M&G undervalued?

James's Place at 2.8, and Hargreaves Lansdown at 4.9. This gives a peer group average of 3.2. A discounted cash flow analysis shows M&G shares to be around 46% undervalued at the current price of £2.26. Therefore, a fair value would be around £4.19.

Has M&G taken over Prudential?

Our group. Prudential is part of M&G plc. See our companies and their registration numbers.

Who is the parent company of M&G?

M&G plc is a global investment manager headquartered in the City of London. Since its de-merger from Prudential plc, it has been listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

When an M&G investor dies?

The first thing to do is tell us that an M&G investor has died. You can do this by phone and we will try to verify the death electronically. If we are unable to, we will need you to send us the original death certificate. We will be able to discuss details of how to upload these documents online.

What was the old name of M&G investments?

M&G plc is the parent company of M&G Investments, which was previously part of Prudential plc.

What are AAA rated banks?

Highest credit quality

'AAA' ratings denote the lowest expectation of default risk. They are assigned only in cases of exceptionally strong capacity for payment of financial commitments. This capacity is highly unlikely to be adversely affected by foreseeable events.

Is M&G an asset manager?

M&G Investments. An asset manager that connects the dots globally to identify investment opportunities.

Who owns Moody's?

Moody's Corporation, often referred to as Moody's, is an American business and financial services company. It is the holding company for Moody's Ratings, an American credit rating agency, and Moody's, an American provider of financial analysis software and services.
Wikipedia

How many employees does M&G have?

Key Parameters
Key ParametersM&G PLCMan Group Plc
CityLondonLondon
State/ProvinceEnglandEngland
No. of Employees5,8371,655
Entity TypePublicPublic
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What is M&G known for?

M&G Investments is a global asset manager, serving customers and clients for nearly 100 years since launching Europe's first ever mutual fund back in 1931.

Who are M&G competitors?

M&G Competitors List
CompanyMarketRankShare Price
HL Hargreaves Lansdown1.2924 of 5 starsGBX 733.80 +0.2%
ATST Alliance Trust0 of 5 starsGBX 1,216 -0.7%
EMG Man Group0.7398 of 5 starsGBX 273.60 -1.5%
3IN 3i Infrastructure0 of 5 starsGBX 325.50 -0.5%
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How much debt is too much?

Key Takeaways

If you cannot afford to pay your minimum debt payments, your debt amount is unreasonable. The 28/36 rule states that no more than 28% of a household's gross income should be spent on housing and no more than 36% on housing plus other debt.

How much debt is too much for a company?

For instance, if your business regularly misses payments or runs out of cash before the month is over, that's a sign you have too much business debt. If your business debt exceeds 30 percent of your business capital, this is another signal you're carrying too much debt.

How much debt is normal?

The average debt an American owes is $104,215 across mortgage loans, home equity lines of credit, auto loans, credit card debt, student loan debt, and other debts like personal loans. Data from Experian breaks down the average debt a consumer holds based on type, age, credit score, and state.

How many customers does M&G have?

We serve 5.1 million retail customers and more than 800 institutional clients such as pension funds and insurance companies.

What does M&G invest in?

Institutional. For pension funds, insurance companies, consultants and sovereign wealth funds looking for fixed income, equity, real estate, multi-asset and pooled strategies.

How many countries does M&G operate in?

We invest across all sectors with a portfolio that spans 29 countries.

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