Silvercrest Asset Management Group (Silvercrest Asset Management Group) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

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What is Silvercrest Asset Management Group Interest Coverage?

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 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. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Silvercrest Asset Management Group's Interest Coverage or its related term are showing as below:

SAMG' s Interest Coverage Range Over the Past 10 Years
Min: 39.24 Med: 64.58 Max: 341.16
Current: 44.7

SAMG's Interest Coverage is ranked better than
51.89% of 449 companies
in the Asset Management industry
Industry Median: 38.09 vs SAMG: 44.70

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 Coverage Historical Data

The historical data trend for Silvercrest Asset Management Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Silvercrest Asset Management Group Interest Coverage Chart

Silvercrest Asset Management Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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39.24

39.58

79.69

92.70

44.70

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 Coverage	Get a 7-Day Free Trial															28.23	58.20	58.20	75.80	-

Competitive Comparison of Silvercrest Asset Management Group's Interest Coverage

For the Asset Management subindustry, Silvercrest Asset Management Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Silvercrest Asset Management Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Silvercrest Asset Management Group's Interest Coverage falls into.

Silvercrest Asset Management Group Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

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 Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Silvercrest Asset Management Group's Interest Expense was $-0.4 Mil. Its Operating Income was $18.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $26.6 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	18.819	/	-0.421
	=	44.70

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

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

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

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Silvercrest Asset Management Group Interest Coverage Related Terms

Thank you for viewing the detailed overview of Silvercrest Asset Management Group's Interest Coverage 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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Silvercrest Asset Management Group Inc (NAS:SAMG) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

1330 Avenue of the Americas, 38th Floor, New York, NY, USA, 10019

Website

https://www.silvercrestgroup.com

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