Virtus Investment Financials

VRTS Stock  USD 239.70  2.97  1.22%   
Based on the key indicators related to Virtus Investment's liquidity, profitability, solvency, and operating efficiency, Virtus Investment Partners, is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in January. At this time, Virtus Investment's Non Currrent Assets Other are comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 146.7 K in 2024, whereas Cash And Short Term Investments are likely to drop slightly above 214.2 M in 2024. Key indicators impacting Virtus Investment's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.160.1552
Fairly Up
Slightly volatile
Return On Assets0.03730.0355
Sufficiently Up
Slightly volatile
Return On Equity0.160.1512
Notably Up
Pretty Stable
Debt Equity Ratio2.642.5183
Sufficiently Up
Slightly volatile
Operating Income159.1 M151.5 M
Sufficiently Up
Slightly volatile
Current Ratio1.943.0708
Way Down
Very volatile
The essential information of the day-to-day investment outlook for Virtus Investment includes many different criteria found on its balance sheet. An individual investor should monitor Virtus Investment's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Virtus Investment.

Net Income

137.15 Million

  
Please note, the imprecision that can be found in Virtus Investment's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Virtus Investment Partners,. Check Virtus Investment's Beneish M Score to see the likelihood of Virtus Investment's management manipulating its earnings.

Virtus Investment Stock Summary

Virtus Investment competes with Visa, Diamond Hill, AllianceBernstein, Deutsche Bank, and Dynex Capital. Virtus Investment Partners, Inc. is a publicly owned investment manager. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut. Virtus Investment operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 668 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS92828Q1094
CUSIP92828Q109 718924103
LocationConnecticut; U.S.A
Business AddressOne Financial Plaza,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.virtus.com
Phone800 248 7971
CurrencyUSD - US Dollar

Virtus Investment Key Financial Ratios

Virtus Investment Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.5B3.9B4.0B3.7B3.9B
Other Current Liab278.3M54.8M199.9M(1.8B)107.8M113.2M
Net Debt1.8B2.1B1.9B2.0B1.8B1.9B
Cash321.5M333.5M378.9M338.2M340.3M357.4M
Net Receivables74.1M84.5M123.9M99.3M109.1M56.2M
Other Current Assets483K6.4M604.0K644K680K714K
Total Liab2.5B2.6B3.0B3.0B2.7B2.8B
Total Current Assets396.1M424.3M710.0M688.5M450.1M296.9M
Intangible Assets310.4M280.3M500.6M442.5M432.1M453.7M
Common Stock107K118K119K120K122K142.0K
Retained Earnings(215.2M)(135.3M)61.0M130.3M207.4M217.7M
Short Term Debt277.8M2.2B2.0K2.1B2.4B2.5B
Accounts Payable23.3M25.4M48.5M33.2M38.8M20.8M
Other Liab2.0B2.2B2.4B2.5B2.8B3.0B
Other Assets64.1M2.6B3.9K2.5B2.9B3.0B
Long Term Debt2.1B2.4B2.3B2.3B2.2B2.3B
Inventory(16K)(3K)1.0250.9M288.6M303.0M
Treasury Stock(379.2M)(419.2M)(451.7M)(509.2M)(458.3M)(435.4M)

Virtus Investment Key Income Statement Accounts

The reason investors look at the income statement is to determine what Virtus Investment's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense111.5M97.3M69.6M93.4M23.4M31.0M
Total Revenue562.3M603.2M974.7M881.7M845.3M887.5M
Gross Profit321.7M335.9M616.4M510.5M719.4M755.4M
Operating Income248.6M257.2M325.5M321.1M151.5M159.1M
Ebit248.6M261.2M423.3M257.3M151.5M111.6M
Ebitda283.9M300.1M474.1M321.5M151.5M134.2M
Income Before Tax140.7M163.9M353.7M163.9M186.6M195.9M
Net Income95.6M120.0M208.1M117.5M130.6M137.2M
Income Tax Expense35.2M43.9M90.8M57.3M45.1M47.3M
Cost Of Revenue240.5M267.3M358.2M371.3M125.9M197.3M
Minority Interest9.9M40.0M(54.7M)10.9M6.4M9.3M
Non Recurring10.6M87K2.3M1.2M1.0M987.5K
Tax Provision35.2M43.9M90.8M57.3M45.1M49.3M
Interest Income119.2M111.0M91.4M111.8M191.8M99.7M
Net Interest Income7.7M13.7M21.8M18.4M24.3M16.4M

Virtus Investment Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash67.3M17.9M246.3M3.0M(248.2M)(235.8M)
Free Cash Flow(44.3M)(227.1M)659.9M126.1M228.3M239.8M
Depreciation39.6M38.9M50.8M64.2M68.4M71.9M
Other Non Cash Items(205.7M)(416.8M)293.8M(57.2M)(13.3M)(14.0M)
Dividends Paid25.3M24.9M31.4M47.3M52.0M54.6M
Capital Expenditures7.6M1.0M5.8M6.6M8.8M9.3M
Net Income105.5M120.0M262.8M106.6M141.5M148.5M
End Period Cash Flow321.9M339.8M586.1M589.2M341.0M188.2M
Change To Netincome(994.2M)(1.3B)(1.2B)26.2M23.6M24.8M
Change To Inventory24.7M3.0M(13.7M)(72.6M)(65.4M)(62.1M)
Investments2.0M8.7M(175.0M)(27.5M)(129.1M)(122.6M)
Net Borrowings164.1M306.4M(213.9M)101.7M116.9M170.0M

Virtus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Virtus Investment's current stock value. Our valuation model uses many indicators to compare Virtus Investment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Virtus Investment competition to find correlations between indicators driving Virtus Investment's intrinsic value. More Info.
Virtus Investment Partners, is rated fourth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.18  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Virtus Investment Partners, is roughly  5.50 . At this time, Virtus Investment's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Virtus Investment by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Virtus Investment Systematic Risk

Virtus Investment's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Virtus Investment volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Virtus Investment correlated with the market. If Beta is less than 0 Virtus Investment generally moves in the opposite direction as compared to the market. If Virtus Investment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Virtus Investment is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Virtus Investment is generally in the same direction as the market. If Beta > 1 Virtus Investment moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Virtus Investment Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Virtus Investment's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Virtus Investment growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.06

At this time, Virtus Investment's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Virtus Investment December 15, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Virtus Investment help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Virtus Investment Partners,. We use our internally-developed statistical techniques to arrive at the intrinsic value of Virtus Investment Partners, based on widely used predictive technical indicators. In general, we focus on analyzing Virtus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Virtus Investment's daily price indicators and compare them against related drivers.

Additional Tools for Virtus Stock Analysis

When running Virtus Investment's price analysis, check to measure Virtus Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virtus Investment is operating at the current time. Most of Virtus Investment's value examination focuses on studying past and present price action to predict the probability of Virtus Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virtus Investment's price. Additionally, you may evaluate how the addition of Virtus Investment to your portfolios can decrease your overall portfolio volatility.