Virtus Investment Partners, Inc. financial data

Symbol
VRTS on NYSE
Industry
Investment Advice
Location
One Financial Plaza, 26 Th Floor, Hartford, CT
State of incorporation
Delaware
Fiscal year end
December 31
Former names
PHOENIX INVESTMENT PARTNERS LTD/CT (to 9/10/2008), PHOENIX DUFF & PHELPS CORP (to 2/8/1999), DUFF & PHELPS CORP (to 3/10/1995)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 309 % -7.63%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.08M shares -2.39%
Common Stock, Shares, Outstanding 7.08M shares -2.38%
Entity Public Float 1.34B USD +14.5%
Common Stock, Value, Issued 122K USD 0%
Weighted Average Number of Shares Outstanding, Basic 7.13M shares -2.48%
Weighted Average Number of Shares Outstanding, Diluted 7.24M shares -1.94%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 880M USD +7.35%
Operating Income (Loss) 160M USD +12.3%
Nonoperating Income (Expense) -6.07M USD -108%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 187M USD +15.4%
Income Tax Expense (Benefit) 46.1M USD +5.49%
Earnings Per Share, Basic 15.2 USD/shares -18.4%
Earnings Per Share, Diluted 14.9 USD/shares -18.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 24.5M USD +5.48%
Property, Plant and Equipment, Net 25.2M USD +8.25%
Operating Lease, Right-of-Use Asset 63.2M USD -2.02%
Intangible Assets, Net (Excluding Goodwill) 402M USD -14.2%
Goodwill 397M USD 0%
Assets 3.65B USD +0.06%
Liabilities 2.65B USD -1.21%
Accumulated Other Comprehensive Income (Loss), Net of Tax -200K USD -36.1%
Retained Earnings (Accumulated Deficit) 227M USD +30.2%
Stockholders' Equity Attributable to Parent 869M USD +2.02%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 872M USD +1.8%
Liabilities and Equity 3.65B USD +0.06%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -34.5M USD +19.6%
Net Cash Provided by (Used in) Financing Activities -56.1M USD +51.2%
Net Cash Provided by (Used in) Investing Activities -2.46M USD +81.3%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 12.2M shares +0.62%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -93.3M USD +45.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 351M USD -1.95%
Deferred Tax Assets, Valuation Allowance 16.5M USD -15.1%
Deferred Tax Assets, Gross 88.6M USD +14.9%
Operating Lease, Liability 78.1M USD +1.3%
Depreciation 7.47M USD +60.5%
Payments to Acquire Property, Plant, and Equipment 1.92M USD +32.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 109M USD -19.8%
Lessee, Operating Lease, Liability, to be Paid 88.1M USD +4.44%
Property, Plant and Equipment, Gross 48.8M USD +19.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 16.8M USD +10.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 17.2M USD +11.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +33.3%
Deferred Income Tax Expense (Benefit) 1.09M USD -24.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.93M USD +38%
Lessee, Operating Lease, Liability, to be Paid, Year Three 14.9M USD +3.06%
Deferred Tax Assets, Operating Loss Carryforwards 10.8M USD -9.49%
Unrecognized Tax Benefits 856K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 14.2M USD +13%
Amortization of Intangible Assets 15.3M USD +6.56%
Depreciation, Depletion and Amortization 18.2M USD +10.7%
Deferred Tax Assets, Net of Valuation Allowance 72M USD +25.1%
Share-based Payment Arrangement, Expense 30.4M USD +36.3%