Joseph Glatt - Apollo Senior Chief Legal Officer, Secretary
AFTDelisted Fund | USD 14.86 0.05 0.34% |
Mr. Joseph D. Glatt is Chief Legal Officer, Secretary of Apollo Senior Floating Rate Fund Inc. He serves Secretary and Vice President, Apollo Investment Corporation since 2010 and 2009, respectively General Counsel, Apollo Capital Management, L.P. since 2007.
Age | 46 |
Tenure | 13 years |
Phone | 212-515-3200 |
Web | https://www.agmfunds.com/InvestmentInformation/SeniorFloatingRateFund.aspx |
Apollo Senior Management Performance (%)
The company has Return on Asset of 2.25 % which means that on every $100 spent on assets, it made $2.25 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (8.57) %, meaning that it generated no profit with money invested by stockholders. Apollo Senior's management efficiency ratios could be used to measure how well Apollo Senior manages its routine affairs as well as how well it operates its assets and liabilities.Apollo Senior Floating has 129.97 M in debt with debt to equity (D/E) ratio of 0.58, which is OK given its current industry classification. Apollo Senior Floating has a current ratio of 1.18, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Apollo Senior until it has trouble settling it off, either with new capital or with free cash flow. So, Apollo Senior's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Apollo Senior Floating sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Apollo to invest in growth at high rates of return. When we think about Apollo Senior's use of debt, we should always consider it together with cash and equity.
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Management Performance
Return On Equity | -8.57 | |||
Return On Asset | 2.25 |
Apollo Senior Floating Leadership Team
Elected by the shareholders, the Apollo Senior's board of directors comprises two types of representatives: Apollo Senior inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Apollo. The board's role is to monitor Apollo Senior's management team and ensure that shareholders' interests are well served. Apollo Senior's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Apollo Senior's outside directors are responsible for providing unbiased perspectives on the board's policies.
Elliot Stein, Independent Director | ||
Frank Marra, Chief Financial Officer, Treasurer | ||
Glenn Marchak, Independent Director | ||
Barry Cohen, Chairman of the Board | ||
Todd Slotkin, Lead Independent Director | ||
Carl Rickertsen, Independent Director | ||
Isabelle Gold, Chief Compliance Officer | ||
Robert Borden, Independent Director | ||
Joseph Glatt, Chief Legal Officer, Secretary | ||
Cindy Michel, Chief Compliance Officer | ||
Joseph Moroney, President Chief Investment Officer |
Apollo Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Apollo Senior a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | -8.57 | |||
Return On Asset | 2.25 | |||
Profit Margin | (100.23) % | |||
Operating Margin | 72.49 % | |||
Current Valuation | 319.7 M | |||
Shares Outstanding | 15.57 M | |||
Shares Owned By Institutions | 50.16 % | |||
Number Of Shares Shorted | 13.75 K | |||
Price To Earning | 54.59 X | |||
Price To Book | 0.78 X |
Thematic Opportunities
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Other Consideration for investing in Apollo Fund
If you are still planning to invest in Apollo Senior Floating check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Apollo Senior's history and understand the potential risks before investing.
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