SICP (Silvergate Capital) Interest Expense: $-71.70 Mil (TTM As of Sep. 2022)


SICP Silvergate Capital Corp SICP
12 GF Score
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What is Silvergate Capital Interest Expense?

Silvergate Capital SICP 12 Interest Expense is $-71.70 Mil as of Sep. 2022. GuruFocus rates SICP with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silvergate Capital's interest expense for the three months ended in Sep. 2022 was $ -9.88 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-71.70 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. Silvergate Capital's Operating Income for the three months ended in Sep. 2022 was $ Mil. Silvergate Capital's Interest Expense for the three months ended in Sep. 2022 was $ Mil. 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.

Silvergate Capital Interest Expense Historical Data

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The historical data trend for Silvergate Capital'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.

Silvergate Capital Interest Expense Chart

Silvergate Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -3.13 -10.08 -7.23 -1.13 -71.70

Silvergate Capital Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -0.28 -0.34 -1.04 -9.88 -60.43
SICP
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Silvergate Capital Corp SICP
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Silvergate Capital 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-71.70 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-71.70 Mil mean?
Silvergate Capital (SICP) has a Interest Expense of $-71.70 Mil as of Sep. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Silvergate Capital and its competitors.
Is Silvergate Capital's Interest Expense too high?
Silvergate Capital's current Interest Expense is $-71.70 Mil. Overall, Silvergate Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Silvergate Capital's Interest Expense compare to LBNW and TCNB?
Silvergate Capital's Interest Expense of $-71.70 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Banks company?
A good Interest Expense depends on the Banks industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Silvergate Capital and its competitors. Silvergate Capital's current Interest Expense is $-71.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvergate Capital stock overvalued right now?
Silvergate Capital (SICP) has a current Interest Expense of $-71.70 Mil. The current Interest Expense is $-71.70 Mil. Silvergate Capital's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Silvergate Capital (SICP), the current Interest Expense is $-71.70 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Silvergate Capital Business Description

Address 4250 Executive Square, Suite 300, La Jolla, CA, USA, 92037
Silvergate Capital Corp is a provider of various financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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