Victory Capital Holdings (Victory Capital Holdings) Cash And Cash Equivalents : $123.5 Mil (As of Dec. 2023)

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What is Victory Capital Holdings Cash And Cash Equivalents?

Victory Capital Holdings's quarterly cash and cash equivalents increased from Jun. 2023 ($43.78 Mil) to Sep. 2023 ($107.99 Mil) and increased from Sep. 2023 ($107.99 Mil) to Dec. 2023 ($123.55 Mil).

Victory Capital Holdings's annual cash and cash equivalents declined from Dec. 2021 ($69.53 Mil) to Dec. 2022 ($38.17 Mil) but then increased from Dec. 2022 ($38.17 Mil) to Dec. 2023 ($123.55 Mil).

Victory Capital Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Victory Capital Holdings's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Victory Capital Holdings Cash And Cash Equivalents Chart

Victory Capital Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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37.12

22.74

69.53

38.17

123.55

Victory Capital Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															38.17	38.34	43.78	107.99	123.55

Victory Capital Holdings Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Victory Capital Holdings (NAS:VCTR) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Victory Capital Holdings Cash And Cash Equivalents Related Terms

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Victory Capital Holdings (Victory Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Victory Capital Holdings Inc (NAS:VCTR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

3PK:Germany

Address

15935 La Cantera Parkway, San Antonio, TX, USA, 78256

Website

https://www.vcm.com

Victory Capital Holdings Inc is an independent investment management firm. The company operates its business through franchises and solutions platform. It provides centralized distribution, marketing, and operations infrastructure to the company's franchises and solutions platform. The company operates through one business segment that is Investment management services and products to institutional, intermediary, retirement platforms, and individual investors. The franchises and solutions platform manages a variety of investment strategies for its customers. It derives revenues from asset-based fees from investment management products and services to individuals and institutions.

Executives

David Craig Brown	officer: Chairman and CEO	4900 TIEDEMAN ROAD, BROOKLYN OH 44144
Kelly Stevenson Cliff	officer: See Remarks	4900 TIEDMAN ROAD, BROOKLYN OH 44144
Mary M. Jackson	director	7799 LEESBURG PIKE, SUITE 300 NORTH, FALLS CHURCH VA 22043
James B Hawkes	director	255 STATE STREET, BOSTON MA 02109
Delaney Robert V. Jr.	director	667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
Crestview Partners Ii Gp, L.p.	director, 10 percent owner	590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Milton R. Berlinski	director, 10 percent owner	C/O REVERENCE, 477 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Richard M Demartini	director	BANK OF AMERICA CORP, 9 WEST 57TH STREET NY1-301-48-02, NEW YORK NY 10019
Michael Dennis Policarpo	officer: See Remarks	4900 TIEDMAN ROAD, BROOKLYN OH 44144
Nina Gupta	officer: See Remarks	4900 TIEDEMAN ROAD, BROOKLYN OH 44144
Alan Rappaport	director	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Lawrence Davanzo	director	1299 OCEAN AVENUE, SUITE 700, SANTA MONICA CA 90401
Terence Francis Sullivan	officer: CFO and Head of Strategy	4900 TIEDMAN ROAD, BROOKLYN OH 44144
Rcp Lake Co-invest, L.p.	director, 10 percent owner	C/O REVERENCE CAPITAL PARTNERS LLC, 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Hurst Robert J/ny	director	C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004