Victory Capital Holdings (Victory Capital Holdings) Interest Expense : $-76.8 Mil (TTM As of Dec. 2023)

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What is Victory Capital Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Victory Capital Holdings's interest expense for the three months ended in Dec. 2023 was $ -20.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-76.8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Victory Capital Holdings's Operating Income for the three months ended in Dec. 2023 was $ 90.7 Mil. Victory Capital Holdings's Interest Expense for the three months ended in Dec. 2023 was $ -20.3 Mil. Victory Capital Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 4.47. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Victory Capital Holdings Interest Expense Historical Data

The historical data trend for Victory Capital Holdings's Interest Expense 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 Interest Expense Chart

Victory Capital Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-38.40

-34.02

-22.32

-46.90

-76.76

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
Interest Expense	Get a 7-Day Free Trial															-13.05	-17.70	-18.83	-19.93	-20.31

Victory Capital Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-76.8 Mil.

Victory Capital Holdings (NAS:VCTR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Victory Capital Holdings's Interest Expense for the three months ended in Dec. 2023 was $-20.3 Mil. Its Operating Income for the three months ended in Dec. 2023 was $90.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $989.3 Mil.

Victory Capital Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	90.721	/	-20.305
	=	4.47

The higher the ratio, the stronger the company's financial strength is.

Victory Capital Holdings (Victory Capital Holdings) Business Description

Industry

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

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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