Victory Capital Holdings (Victory Capital Holdings) Debt-to-Equity

: 0.94 (As of Dec. 2023)

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Victory Capital Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Victory Capital Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $989.3 Mil. Victory Capital Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,053.0 Mil. Victory Capital Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.94.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Victory Capital Holdings's Debt-to-Equity or its related term are showing as below:

VCTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 1.21 Max: 2.09
Current: 0.94

During the past 9 years, the highest Debt-to-Equity Ratio of Victory Capital Holdings was 2.09. The lowest was 0.59. And the median was 1.21.

VCTR's Debt-to-Equity is ranked worse than
85.87% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs VCTR: 0.94

Victory Capital Holdings Debt-to-Equity Historical Data

The historical data trend for Victory Capital Holdings's Debt-to-Equity 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.

* Premium members only.

Victory Capital Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.72

1.09

1.21

0.93

0.94

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
Debt-to-Equity																0.93	0.94	0.94	0.92	0.94

Competitive Comparison

For the Asset Management subindustry, Victory Capital Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Victory Capital Holdings Debt-to-Equity Distribution

For the Asset Management industry and Financial Services sector, Victory Capital Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Victory Capital Holdings's Debt-to-Equity falls into.

Victory Capital Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Victory Capital Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	989.269)	/	1053.001
	=	0.94

Victory Capital Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	989.269)	/	1053.001
	=	0.94

Victory Capital Holdings (NAS:VCTR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Victory Capital Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Victory Capital Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Victory Capital Holdings (Victory Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Victory Capital Holdings Inc (NAS:VCTR) » Definitions » Debt-to-Equity

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