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Silvercrest Asset Management Group (Silvercrest Asset Management Group) Interest Expense : $-0.4 Mil (TTM As of Dec. 2023)


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What is Silvercrest Asset Management Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silvercrest Asset Management Group's interest expense for the three months ended in Dec. 2023 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.4 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. Silvercrest Asset Management Group's Operating Income for the three months ended in Dec. 2023 was $ -1.0 Mil. Silvercrest Asset Management Group's Interest Expense for the three months ended in Dec. 2023 was $ -0.1 Mil. Silvercrest Asset Management Group did not have earnings to cover the interest expense. 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.


Silvercrest Asset Management Group Interest Expense Historical Data

The historical data trend for Silvercrest Asset Management Group'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.

* Premium members only.

Silvercrest Asset Management Group Interest Expense Chart

Silvercrest Asset Management Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.48 -0.56 -0.38 -0.42 -0.42

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
Interest Expense 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 -0.15 -0.12 -0.11 -0.09 -0.11

Silvercrest Asset Management Group 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 $-0.4 Mil.

* 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.


Silvercrest Asset Management Group  (NAS:SAMG) Interest Expense Explanation

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. The higher, the better.

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

Silvercrest Asset Management Group's Interest Expense for the three months ended in Dec. 2023 was $-0.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-1.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $26.6 Mil.

Silvercrest Asset Management Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Silvercrest Asset Management Group did not have earnings to cover the interest expense.

* 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.

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


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