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P10 Holdings (STU:AC3B) Interest Coverage : 0 (At Loss) (As of Dec. 2020)


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What is P10 Holdings 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 Holdings's Operating Income for the three months ended in Dec. 2020 was €-0.21 Mil. P10 Holdings's Interest Expense for the three months ended in Dec. 2020 was €-3.66 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


STU:AC3B's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 39.105
* Ranked among companies with meaningful Interest Coverage only.

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 Holdings Interest Coverage Historical Data

The historical data trend for P10 Holdings'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 Holdings Interest Coverage Chart

P10 Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt - 0.78 1.13 0.74

P10 Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Interest Coverage 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 0.22 1.39 1.48 0.95 -

Competitive Comparison of P10 Holdings's Interest Coverage

For the Asset Management subindustry, P10 Holdings'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 Holdings's Interest Coverage Distribution in the Asset Management Industry

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

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



P10 Holdings 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 Holdings's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, P10 Holdings's Interest Expense was €-9.63 Mil. Its Operating Income was €7.14 Mil. And its Long-Term Debt & Capital Lease Obligation was €244.74 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*7.142/-9.634
=0.74

P10 Holdings's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Here, for the three months ended in Dec. 2020, P10 Holdings's Interest Expense was €-3.66 Mil. Its Operating Income was €-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation was €244.74 Mil.

P10 Holdings did not have earnings to cover the interest expense.

* 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.

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


P10 Holdings  (STU:AC3B) 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 Holdings Interest Coverage Related Terms

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


P10 Holdings (STU:AC3B) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 160, Dallas, TX, USA, 75205
P10 Holdings Inc is an asset management company. Its existing portfolio of solutions across private equity, venture capital, private credit, and impact investing support its mission by offering a comprehensive set of investment vehicles to its investors, including primary fund of funds, secondary investment, direct investment, and co-investments, alongside separate accounts. The company generates the majority of its revenue from Management & advisory fees.

P10 Holdings (STU:AC3B) Headlines

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