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Silvercrest Asset Management Group (Silvercrest Asset Management Group) Return-on-Tangible-Equity : -616.89% (As of Dec. 2023)


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What is Silvercrest Asset Management Group Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Silvercrest Asset Management Group's annualized net income for the quarter that ended in Dec. 2023 was $-1.6 Mil. Silvercrest Asset Management Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $0.3 Mil. Therefore, Silvercrest Asset Management Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -616.89%.

The historical rank and industry rank for Silvercrest Asset Management Group's Return-on-Tangible-Equity or its related term are showing as below:

SAMG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 47.89   Med: 57.78   Max: 68.91
Current: Negative Tangible Equity

During the past 13 years, Silvercrest Asset Management Group's highest Return-on-Tangible-Equity was 68.91%. The lowest was 47.89%. And the median was 57.78%.

SAMG's Return-on-Tangible-Equity is ranked better than
99.94% of 1675 companies
in the Asset Management industry
Industry Median: 4.53 vs SAMG: Negative Tangible Equity

Silvercrest Asset Management Group Return-on-Tangible-Equity Historical Data

The historical data trend for Silvercrest Asset Management Group's Return-on-Tangible-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.

Silvercrest Asset Management Group Return-on-Tangible-Equity Chart

Silvercrest Asset Management Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Silvercrest Asset Management Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 1,721.34 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity -616.89

Competitive Comparison of Silvercrest Asset Management Group's Return-on-Tangible-Equity

For the Asset Management subindustry, Silvercrest Asset Management Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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.


Silvercrest Asset Management Group's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Silvercrest Asset Management Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Silvercrest Asset Management Group's Return-on-Tangible-Equity falls into.



Silvercrest Asset Management Group Return-on-Tangible-Equity Calculation

Silvercrest Asset Management Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=9.094/( (-0.431+0.12899999999999 )/ 2 )
=9.094/-0.151
=Negative Tangible Equity %

Silvercrest Asset Management Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-1.644/( (0.404+0.12899999999999)/ 2 )
=-1.644/0.26649999999999
=-616.89 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Silvercrest Asset Management Group  (NAS:SAMG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Silvercrest Asset Management Group Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Silvercrest Asset Management Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Silvercrest Asset Management Group (Silvercrest Asset Management Group) Business Description

Traded in Other Exchanges
N/A
Address
1330 Avenue of the Americas, 38th Floor, New York, NY, USA, 10019
Silvercrest Asset Management Group Inc is a wealth management firm focused on providing financial advisory and related family office services to ultra-high net-worth individuals and institutional investors. It advises clients on traditional investment strategies focused on equities, fixed income and cash as well as non-traditional investment strategies including hedge funds, private equity funds, real estate and commodities. It also provides clients with family office services and related administrative services, which include financial planning, tax planning and preparation, partnership accounting and fund administration, and consolidated wealth reporting. The company derives revenues principally from assets under management.
Executives
Darla Romfo director C/O SILVERCREST ASSET MANAGEMENT GROUP, 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Brian D Dunn director SILVERCREST ASSET MANAGEMENT GROUP LLC, 1330 AVE. OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Richard Jonathan Burns director SILVERCREST ASSET MANAGEMENT GROUP INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Conrad Winthrop B Jr director 1120 FIFTH AVENUE APT 12B, NEW YORK NY 10128
Scott A Gerard officer: Chief Financial Officer C/O SILVERCREST ASSET MANAGEMENT GROUP, 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
David J Campbell officer: General Counsel and Secretary 40 HAMILTON ROAD, GLEN RIDGE NJ 07028
Hough Richard R Iii director, officer: Chairman and CEO 327 BRANCH AVENUE, LITTLE SILVER NJ 07739
John Allen Gray officer: Managing Director SILVERCREST ASSET MANAGEMENT GROUP INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Al Messina director C/O SILVERCREST ASSET MANAGEMENT INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Marital Trust Under Article 7th Of The Will Of G. Moffett Cochran 10 percent owner SILVERCREST, 1330 AVENUE OF THE AMERICAS, 38TH FL., NEW YORK NY 10019
Cochran H C Stuart 10 percent owner 120 CHURCH STREET, STAUNTON VA 24401
Nonmarital Trust Under Article 8th Of The Will Of G. Moffett Cochran other: Member of Section 13(d) group SILVERCREST, 1330 AVE OF THE AMERICAS, 38TH FL., NEW YORK NY 10019
Hamilton E James 10 percent owner JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Leo Price Blackford 10 percent owner C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Richard Scott Pechter director 1266 BELLAIRE LANE, ATLANTA GA 30319-5251