Company Information

  

Address: 767 THIRD AVENUE
25TH FLOOR 
City: New York 
State: NY 
Zip Code: 10017 
Telephone: 212-906-3500 

Description of Business

Primary SIC Code:
(As filed with the SEC)  

We are an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company, or "BDC", under the Investment Company Act of 1940, or the "1940 Act." We have also elected to be treated for U.S. federal income tax purposes as a regulated investment company, or "RIC", under Subchapter M of the Internal Revenue Code of 1986, as amended, or the "Code", and we intend to satisfy the Code requirements to receive RIC tax treatment annually. We provide customized financing solutions to small to mid-sized companies. We generally target companies with annual revenues of less than $100 million and annual EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) of less than $15 million. We were formed as a Delaware corporation on November 14, 2012. We completed our initial public offering on May 7, 2013.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20171.280.1128.56
06/20151.540.1129.12
03/20151.210.11210.73
12/20141.520.1127.59
09/20141.080.11212.18
06/20140.770.11219.31
03/20140.200.11274.38
12/20130.930.11216.15

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.02Total Liab/Total Assets0.36
Net Inc/Total Assets0.01Total Liab/Inv Cap0.36
Net Inc/Inv Cap0.01Total Liab/Comm Equity0.50
Pretax Inc/Net Sales0.11Interest Coverage Ratio1.41
Net Inc/Net Sales0.11Curr Debt/EquityNA
Cash Flow/Net Sales1.45LTD/Equity0.54
SG&A/NetSales0.43Total Debt/Equity0.54
Asset Utilization   Liquidity  
Net Receivables Turnover31.54Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 2.98 3.40 3.34 4.14
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 1.76 1.41 1.78 1.62
Operating Income 1.22 1.92 1.56 2.51
Interest Exp 0.76 0.74 1.47 0.95
Pretax Income 2.07 1.49 -0.33 -1.86
Other Income 0.85 -0.43 -1.89 -4.37
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 2.07 1.49 -0.33 -1.86

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 2.08 11.46 2.47 9.69
Receivables - Total 0.89 0.33 0.27 0.53
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment NA NA NA NA
Total Assets 121.93 128.15 117.05 148.34
Liabilities        
Accounts Payable 3.54 1.90 1.92 1.81
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 37.09 44.47 32.55 61.45
Total Liabilities 40.64 46.37 34.48 63.38
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.01 0.01 0.01 0.01
Retained Earnings 1.19 1.92 3.38 3.98
Treasury Stock -1.42 -0.72 -0.32 -0.32
Total Stockholders' Equity 81.30 81.78 82.57 84.97
Total Liabilities and Stockholders' Equity 121.93 128.15 117.05 148.34

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 0.60 -0.53 24.41 -4.00
Net Cash Provided by Investing Activities NA NA NA NA
Net Cash Provided by Financing Activities -9.98 9.52 -31.63 5.52

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20137.734.120.93
12/201413.799.401.52
12/201516.946.41--
12/201617.166.01--
12/201714.671.631.28
Growth Rates17.37-20.67--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18265578.72




Report Date : 7/16/2018

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