P10 (PX) Interest Expense : $-21.9 Mil (TTM As of Dec. 2023)

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What is P10 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. P10's interest expense for the three months ended in Dec. 2023 was $ -5.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-21.9 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. P10's Operating Income for the three months ended in Dec. 2023 was $ 5.7 Mil. P10's Interest Expense for the three months ended in Dec. 2023 was $ -5.8 Mil. P10's Interest Coverage for the quarter that ended in Dec. 2023 was 0.99. 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.

P10 Interest Expense Historical Data

The historical data trend for P10'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.

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P10 Interest Expense Chart

P10 Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-11.37

-11.72

-22.19

-9.51

-21.87

P10 Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial											-4.24	-5.17	-5.43	-5.48	-5.79

P10 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 $-21.9 Mil.

P10 (NYSE:PX) Interest Expense Explanation

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

P10's Interest Expense for the three months ended in Dec. 2023 was $-5.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was $5.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $221.3 Mil.

P10's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	5.729	/	-5.792
	=	0.99

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

P10 (PX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » P10 Inc (NYSE:PX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AC3:Germany

Address

4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205

Website

https://www.p10alts.com

P10 Inc is a multi-asset class private market solutions provider in the alternative asset management industry. Its revenue is composed of recurring management and advisory fees, with the vast majority of fees earned on committed capital.

Executives

Michael Feinglass	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Andrew Rowan Nelson	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Alexander I. Abell	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Edwin A. Poston	director, other: See Remarks	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
David M. Mccoy	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Sarsfield Luke A. Iii	director, officer: Chief Executive Officer	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Jon I. Madorsky Revocable Trust Dated December 1, 2008	other: See Remarks	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Travis H. Barnes	director	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Stewart Robert B Jr	director	520 NEWPORT CENTER DR., 12TH FLOOR, NEWPORT BEACH CA 92660
C Clark Webb	10 percent owner	8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Covenant Rha Partners, L.p.	10 percent owner	8214 WESTCHESTER DRIVE, SUITE 650, DALLAS TX 75225
Mel Williams	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Thomas P. Danis, Jr. Revocable Living Trust Dated March 10, 2003	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Truebridge Colonial Fund, U/a Dated 11/15/2015	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Souder Family Llc	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205