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Victory Capital Holdings (Victory Capital Holdings) Debt-to-EBITDA : 2.43 (As of Dec. 2023)


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What is Victory Capital Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

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 annualized EBITDA for the quarter that ended in Dec. 2023 was $407.2 Mil. Victory Capital Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.43.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

VCTR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.08   Med: 2.88   Max: 7.97
Current: 2.51

During the past 9 years, the highest Debt-to-EBITDA Ratio of Victory Capital Holdings was 7.97. The lowest was 2.08. And the median was 2.88.

VCTR's Debt-to-EBITDA is ranked worse than
62.87% of 369 companies
in the Asset Management industry
Industry Median: 1.22 vs VCTR: 2.51

Victory Capital Holdings Debt-to-EBITDA Historical Data

The historical data trend for Victory Capital Holdings's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

Victory Capital Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 5.05 2.34 2.88 2.24 2.51

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-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.64 2.70 2.40 2.52 2.43

Competitive Comparison of Victory Capital Holdings's Debt-to-EBITDA

For the Asset Management subindustry, Victory Capital Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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's Debt-to-EBITDA Distribution in the Asset Management Industry

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

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



Victory Capital Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 989.269) / 394.319
=2.51

Victory Capital Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 989.269) / 407.244
=2.43

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


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

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Victory Capital Holdings Debt-to-EBITDA Related Terms

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


Victory Capital Holdings (Victory Capital Holdings) Business Description

Traded in Other Exchanges
Address
15935 La Cantera Parkway, San Antonio, TX, USA, 78256
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

Victory Capital Holdings (Victory Capital Holdings) Headlines