P10 (PX) Interest Coverage : 1.86 (As of Mar. 2025)

View and export this data going back to 2021. Start your Free Trial

What is P10 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. P10's Operating Income for the three months ended in Mar. 2025 was $11.9 Mil. P10's Interest Expense for the three months ended in Mar. 2025 was $-6.4 Mil. P10's interest coverage for the quarter that ended in Mar. 2025 was 1.86. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for P10's Interest Coverage or its related term are showing as below:

PX' s Interest Coverage Range Over the Past 10 Years
Min: 0.74 Med: 1.56 Max: 4.82
Current: 2.46

PX's Interest Coverage is ranked worse than
82.96% of 452 companies
in the Asset Management industry
Industry Median: 43.915 vs PX: 2.46

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 Coverage Historical Data

The historical data trend for P10'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.

* Premium members only.

P10 Interest Coverage Chart

P10 Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

Get a 7-Day Free Trial

0.74

1.98

4.82

1.05

2.56

P10 Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial															2.21	2.92	1.42	3.64	1.86

Competitive Comparison of P10's Interest Coverage

For the Asset Management subindustry, P10'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.

P10's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, P10's Interest Coverage distribution charts can be found below:

* The bar in red indicates where P10's Interest Coverage falls into.

Save Embed

;

Save Embed

;

P10 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.

P10's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, P10's Interest Expense was $-25.5 Mil. Its Operating Income was $65.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $343.7 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	65.276	/	-25.51
	=	2.56

P10's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, P10's Interest Expense was $-6.4 Mil. Its Operating Income was $11.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $348.8 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	11.929	/	-6.417
	=	1.86

The higher the ratio, the stronger the company's Financial Strength is.

P10 (NYSE:PX) 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 .

P10 Interest Coverage Related Terms

Thank you for viewing the detailed overview of P10's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

P10 Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

4514 Cole Avenue, Suite 500, Dallas, TX, USA, 75205

Website

https://www.p10alts.com

P10 Inc is a player in the alternative asset management sector, specializing in multi-asset class private market solutions. It offers a range of investment solutions, including specialized funds, separate accounts, secondary investments, direct investments, and co-investments across various asset classes and geographies. These solutions cater to diverse investor needs within the private markets, aiming to deliver superior risk-adjusted returns. With a focus on middle and lower-middle markets, the company's portfolio includes Private Equity, Venture Capital, Impact Investing, and Private Credit. Its Revenue primarily comes from recurring management and advisory fees earned on committed capital, typically locked up for ten to fifteen years.

Executives

Jon I. Madorsky Revocable Trust Dated December 1, 2008	other: See Remarks	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Mel Williams	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
David M. Mccoy	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
210 Capital, Llc	10 percent owner	8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Andrew Rowan Nelson	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Michael Feinglass	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Nell M. Blatherwick	other: See Remarks	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
Stewart Robert B Jr	director	520 NEWPORT CENTER DR., 12TH FLOOR, NEWPORT BEACH CA 92660
Travis H. Barnes	director	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
William F. Souder	director, officer: Chief Operating Officer, other: See Remarks	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Amanda N. Coussens	officer: Chief Financial Officer	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Jeff Patrick Gehl	director, officer: Head Marketing & Distribution, other: (see Footnote 1)	3366 VIA LIDO, NEWPORT BEACH CA 92663