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Virtus Investment Partners (FRA:VIP) Debt-to-Asset : 0.61 (As of Sep. 2024)


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What is Virtus Investment Partners Debt-to-Asset?

Virtus Investment Partners's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.0 Mil. Virtus Investment Partners's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €1,962.0 Mil. Virtus Investment Partners's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was €3,245.1 Mil. Virtus Investment Partners's debt to asset for the quarter that ended in Sep. 2024 was 0.60.


Virtus Investment Partners Debt-to-Asset Historical Data

The historical data trend for Virtus Investment Partners's Debt-to-Asset 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.

Virtus Investment Partners Debt-to-Asset Chart

Virtus Investment Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.69 0.59 0.59 0.59

Virtus Investment Partners Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset 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 0.59 0.59 0.61 0.61 0.61

Competitive Comparison of Virtus Investment Partners's Debt-to-Asset

For the Asset Management subindustry, Virtus Investment Partners's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Virtus Investment Partners's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Investment Partners's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Virtus Investment Partners's Debt-to-Asset falls into.



Virtus Investment Partners Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Virtus Investment Partners's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 1995.076) / 3373.303
=0.59

Virtus Investment Partners's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 1961.974) / 3245.118
=0.60

* 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.


Virtus Investment Partners  (FRA:VIP) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Virtus Investment Partners Debt-to-Asset Related Terms

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Virtus Investment Partners Business Description

Traded in Other Exchanges
Address
One Financial Plaza, Hartford, CT, USA, 06103
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the U.S. and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.

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