Virtus Investment Partners Balance Sheet Health
Financial Health criteria checks 5/6
Virtus Investment Partners has a total shareholder equity of $991.2M and total debt of $253.0M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are $3.5B and $2.6B respectively. Virtus Investment Partners's EBIT is $151.3M making its interest coverage ratio -5. It has cash and short-term investments of $246.9M.
Key information
25.5%
Debt to equity ratio
US$253.01m
Debt
| Interest coverage ratio | -5x |
| Cash | US$246.91m |
| Equity | US$991.19m |
| Total liabilities | US$2.56b |
| Total assets | US$3.55b |
Recent financial health updates
No updates
Recent updates
Not Many Are Piling Into Virtus Investment Partners, Inc. (NYSE:VRTS) Just Yet
Apr 23
The Market Lifts Virtus Investment Partners, Inc. (NASDAQ:VRTS) Shares 28% But It Can Do More
Dec 28Virtus Investment Partners (NASDAQ:VRTS) Is Paying Out A Larger Dividend Than Last Year
Oct 13Virtus Investment Partners (NASDAQ:VRTS) Has Announced That It Will Be Increasing Its Dividend To $1.90
Sep 07Virtus Investment Partners (NASDAQ:VRTS) Is Paying Out A Larger Dividend Than Last Year
Aug 24Virtus Investment Partners' (NASDAQ:VRTS) Upcoming Dividend Will Be Larger Than Last Year's
Oct 13Virtus Investment Partners AUM drops 8.2% on market depreciation, net outflows
Oct 11Virtus Investment Partners reports 3.19% sequential drop in August AUM
Sep 12Virtus Investment Partners (NASDAQ:VRTS) Has Announced That It Will Be Increasing Its Dividend To $1.65
Aug 21Virtus Investment raises dividend by 10% to $1.65
Aug 18Virtus Investment Non-GAAP EPS of $6.86 misses by $0.20, revenue of $225.3M beats by $25.32M
Jul 29If You Like EPS Growth Then Check Out Virtus Investment Partners (NASDAQ:VRTS) Before It's Too Late
Jun 10Is Now The Time To Put Virtus Investment Partners (NASDAQ:VRTS) On Your Watchlist?
Mar 07With EPS Growth And More, Virtus Investment Partners (NASDAQ:VRTS) Is Interesting
Dec 03Virtus Investment Partners: Not The Best Choice For Income Investors, Just Yet
Nov 30Virtus Investment Partners (NASDAQ:VRTS) Is Increasing Its Dividend To US$1.50
Oct 12Virtus Investment Partners (NASDAQ:VRTS) Is Increasing Its Dividend To US$1.50
Sep 28Virtus Investment Partners (NASDAQ:VRTS) Will Pay A Larger Dividend Than Last Year At US$1.50
Sep 06Virtus Investment Partners' (NASDAQ:VRTS) Upcoming Dividend Will Be Larger Than Last Year's
Aug 22Financial Position Analysis
Short Term Liabilities: VRTS's short term assets ($364.1M) exceed its short term liabilities ($156.9M).
Long Term Liabilities: VRTS's short term assets ($364.1M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: VRTS's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: VRTS's debt to equity ratio has reduced from 45% to 25.5% over the past 5 years.
Debt Coverage: VRTS's debt is well covered by operating cash flow (97.1%).
Interest Coverage: VRTS earns more interest than it pays, so coverage of interest payments is not a concern.