Company Information

Learn More About XBRL  

Address: 717 TEXAS AVENUE - SUITE 3100  
City: HOUSTON 
State: TX 
Zip Code: 77002 
Telephone: 713-493-2000 


Description of Business


Primary SIC Code:
(As filed with the SEC)  

Kayne Anderson Energy Development Company ("we," "us," and "our") is a non-diversified, closed-end management investment company organized under the laws of the State of Maryland that has elected to be treated as a "business development company" ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). By electing to be treated as a BDC, we are subject to provisions of the 1940 Act, including the requirements that we must have at least 70% of assets in "eligible portfolio companies," generally defined as private companies with a principal place of business in the United States. Our common stock began trading on the New York Stock Exchange ("NYSE") on September 21, 2006 through our initial public offering of 10,000,000 shares of common stock at $25.00 per share. On January 22, 2008, we announced that we no longer intend to be treated as a regulated investment company ("RIC") under the Internal Revenue Code of 1986, as amended (the "Code").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
11/20091.780.3007.60
11/2008-6.620.420N/E
11/20071.540.40515.03

Key Financial Ratios and Statistics

FYE: 11/30

Profitability 2009 Leverage 2009
Net Inc/Comm Equity0.09Total Liab/Total Assets0.25
Net Inc/Total Assets0.08Total Liab/Inv Cap0.25
Net Inc/Inv Cap0.08Total Liab/Comm Equity0.28
Pretax Inc/Net Sales0.21Interest Coverage Ratio2.28
Net Inc/Net Sales2.18Curr Debt/EquityNA
Cash Flow/Net Sales1.60LTD/Equity0.33
SG&A/NetSales0.61Total Debt/Equity0.33
Asset Utilization   Liquidity  
Net Receivables Turnover11.05Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  2/28/2010 8/31/2009 5/31/2009 2/28/2009
Total Revenues(Net Sales) 1.42 12.24 1.11 1.23
Cost of Goods Sold NA -1.55 0.46 1.09
Selling & Admin Exps 1.34 2.75 -0.23 1.35
Operating Income -0.34 1.07 0.21 -0.54
Interest Exp 0.38 0.34 0.30 0.38
Pretax Income 8.54 0.73 3.78 -4.79
Other Income 8.87 5.95 7.85 -4.25
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 7.72 6.39 8.31 -5.33

Balance Sheet (Millions)

Assets 2/28/2010 8/31/2009 5/31/2009 2/28/2009
Cash & Short Term Investments 11.32 7.39 NA 10.13
Receivables - Total 4.05 0.52 2.51 1.36
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment NA NA NA NA
Total Assets 242.09 216.06 216.63 208.11
Liabilities        
Accounts Payable 1.55 1.70 6.04 1.78
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 66.96 52.00 52.00 52.50
Total Liabilities 68.51 53.70 58.04 54.28
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 NA -43.90 NA -58.61
Treasury Stock NA NA NA NA
Total Stockholders' Equity 173.59 162.36 158.60 153.82
Total Liabilities and Stockholders' Equity 242.09 216.06 216.63 208.11

Cash Flow Summary (Millions)

Categories 2/28/2010 8/31/2009 5/31/2009 2/28/2009
Net Cash Provided by Operating Activities -2.33 2.63 3.54 8.54
Net Cash Provided by Investing Activities NA NA NA NA
Net Cash Provided by Financing Activities 2.33 -2.63 -3.54 -8.54

Annual Summary Data (Millions)

Year Sales Net Income EPS
11/20062.058.69--
11/200711.5015.381.54
11/200814.46-66.86-6.62
11/20098.3718.231.78
Growth Rates59.92----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/14462,44023.26




Report Date : 8/11/2014

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