What type of investors does the AGGD metric analyze?

The AGGD (Adjusted Gross Debt) metric is specifically designed to analyze the financial health and risk exposure of bond issuers rather than equity holders or other types of investors. It focuses on understanding how much debt a company or government entity has adjusted for various factors, providing insights critical for assessing the creditworthiness of bond holders. This is essential for investors who are interested in the fixed-income market because it helps them gauge the likelihood of timely interest payments and the eventual return of principal upon maturity.

While stockholders, real estate investors, and venture capitalists may be interested in the overall financial health of a company, they do not typically rely on metrics like AGGD, which are tailored more towards understanding debt levels in relation to the risks faced by bondholders. Consequently, the AGGD metric is directly relevant for investors who prioritize the performance and safety of bond investments.