Portman Ridge Finance Corporation
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. It provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. It invests in minority, and majority or control equity positions alongside its private equity sponsor partners. Show More...
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Website https://www.portmanridge.com
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Sector Financial Services
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Industry Asset Management
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Last Quote 19.18 USD
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Last Updated 19-04-2024
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD -0.63 0.33 0.95 0.53 0.43 -0.5 -0.03 0.09 -0.26 -0.33 -0.69 Dividends USD 0.68 0.7 0.94 1.06 1.0 0.78 0.57 0.46 0.4 0.22 0.18 Payout Ratio % * 766.6 99.0 109.0 104.2 400.0 Shares Mil 23.0 23.0 33.0 32.0 34.0 37.0 37.0 37.0 37.0 38.0 40.0 Book Value Per Share * USD 8.21 8.25 7.85 7.95 7.04 6.32 5.38 4.95 4.66 2.96 2.69 Free Cash Flow Per Share * USD 8.97 3.98 -0.62 -3.25 0.79 -0.4 1.82 2.36 0.39 -0.16 Return on Assets % -3.97 2.9 11.14 4.4 3.06 -3.91 -0.25 0.96 -3.16 -4.2 -10.64 Financial Leverage (Average) 1.5 1.37 1.54 1.83 2.0 1.97 1.96 1.76 1.81 2.04 2.35 Return on Equity % -7.13 4.16 16.27 7.47 5.87 -7.76 -0.5 1.78 -5.63 -8.06 -23.2 Return on Invested Capital % Interest Coverage Current Ratio 14.41 1.1 Quick Ratio Debt/Equity 0.46 0.33 0.49 0.77 0.88 0.95 0.9 0.56 0.64 1.01 1.09