Virtus Investment Partners Balance Sheet Health
Financial Health criteria checks 5/6
Virtus Investment Partners has a total shareholder equity of $990.8M and total debt of $237.5M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are $3.6B and $2.6B respectively. Virtus Investment Partners's EBIT is $166.3M making its interest coverage ratio -4.9. It has cash and short-term investments of $310.5M.
Key information
24.0%
Debt to equity ratio
US$237.47m
Debt
| Interest coverage ratio | -4.9x |
| Cash | US$310.49m |
| Equity | US$990.83m |
| Total liabilities | US$2.61b |
| Total assets | US$3.60b |
Recent financial health updates
No updates
Recent updates
Virtus Investment Partners (NYSE:VRTS) Is Paying Out A Larger Dividend Than Last Year
Oct 11
Virtus Investment Partners' (NYSE:VRTS) Upcoming Dividend Will Be Larger Than Last Year's
Aug 20Not Many Are Piling Into Virtus Investment Partners, Inc. (NYSE:VRTS) Just Yet
Apr 23The 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 07Financial Position Analysis
Short Term Liabilities: VRTS's short term assets ($424.1M) exceed its short term liabilities ($230.1M).
Long Term Liabilities: VRTS's short term assets ($424.1M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: VRTS has more cash than its total debt.
Reducing Debt: VRTS's debt to equity ratio has reduced from 38% to 24% over the past 5 years.
Debt Coverage: VRTS's debt is well covered by operating cash flow (47.1%).
Interest Coverage: VRTS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Virtus Investment Partners, Inc. is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeremy Campbell | Barclays |
| Benjamin Budish | Barclays |
| Michael Carrier | BofA Global Research |