PTMN: Portman Ridge Finance Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Portman Ridge Finance Corp (PTMN).
$150.54M Market Cap.
PTMN Market Cap. (MRY)
PTMN Shares Outstanding (MRY)
PTMN Assets (MRY)
Total Assets
$453.63M
Total Liabilities
$275.14M
Total Investments
$405.02M
PTMN Income (MRY)
Revenue
$62.43M
Net Income
-$5.93M
Operating Expense
$6.04M
PTMN Cash Flow (MRY)
CF Operations
$56.63M
CF Investing
$0
CF Financing
-$88.25M
PTMN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $453,634,000 (-17.41%) | $549,239,000 (-11.34%) | $619,486,000 (-4.44%) | $648,301,000 (8.02%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $178,493,000 (-16.40%) | $213,518,000 (-8.02%) | $232,123,000 (-17.14%) | $280,122,000 (29.53%) |
Property Plant & Equipment Net | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Cash & Equivalents | $39,953,000 (-44.17%) | $71,564,000 (116.00%) | $33,131,000 (-51.52%) | $68,340,000 (-17.57%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $405,021,000 (-13.43%) | $467,865,000 (-18.84%) | $576,478,000 (4.82%) | $549,985,000 (12.76%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $1,367,000 (-35.12%) | $2,107,000 (-9.38%) | $2,325,000 (-88.77%) | $20,700,000 (-18.71%) |
Trade & Non-Trade Payables | $6,355,000 (-32.27%) | $9,383,000 (-9.19%) | $10,333,000 (-37.59%) | $16,556,000 (96.91%) |
Accumulated Retained Earnings (Deficit) | -$535,930,000 (-6.25%) | -$504,411,000 (0.07%) | -$504,757,000 (-11.41%) | -$453,070,000 (-7.12%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $265,140,000 (-17.76%) | $322,410,000 (-13.63%) | $373,308,000 (7.52%) | $347,191,000 (-7.00%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $275,141,000 (-18.04%) | $335,721,000 (-13.33%) | $387,363,000 (5.21%) | $368,179,000 (-4.10%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
PTMN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $62,432,000 (-18.19%) | $76,315,000 (9.63%) | $69,614,000 (-13.08%) | $80,086,000 (87.27%) |
Cost of Revenue | $11,571,000 (-21.95%) | $14,826,000 (2.42%) | $14,475,000 (-3.44%) | $14,991,000 (68.82%) |
Selling General & Administrative Expense | $6,035,000 (-10.18%) | $6,719,000 (-21.40%) | $8,548,000 (-9.52%) | $9,447,000 (43.14%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $6,035,000 (328.01%) | $1,410,000 (-83.50%) | $8,548,000 (-9.52%) | $9,447,000 (43.14%) |
Interest Expense | $20,782,000 (-17.88%) | $25,306,000 (42.96%) | $17,701,000 (29.73%) | $13,644,000 (32.67%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$5,935,000 (-152.15%) | $11,381,000 (154.21%) | -$20,996,000 (-180.67%) | $26,026,000 (-17.57%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$5,935,000 (-152.15%) | $11,381,000 (154.21%) | -$20,996,000 (-180.67%) | $26,026,000 (-17.57%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$5,935,000 (-152.15%) | $11,381,000 (154.21%) | -$20,996,000 (-180.67%) | $26,026,000 (-17.57%) |
Weighted Average Shares | $9,272,809 (-2.49%) | $9,509,396 (-1.30%) | $9,634,468 (12.87%) | $8,536,079 (70.76%) |
Weighted Average Shares Diluted | $9,272,809 (-2.49%) | $9,509,396 (-1.30%) | $9,634,468 (12.87%) | $8,536,079 (70.76%) |
Earning Before Interest & Taxes (EBIT) | $14,847,000 (-59.53%) | $36,687,000 (1213.41%) | -$3,295,000 (-108.31%) | $39,670,000 (-5.22%) |
Gross Profit | $50,861,000 (-17.28%) | $61,489,000 (11.52%) | $55,139,000 (-15.29%) | $65,095,000 (92.11%) |
Operating Income | $44,826,000 (-25.39%) | $60,079,000 (28.95%) | $46,591,000 (-16.28%) | $55,648,000 (103.96%) |
PTMN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow from Financing | -$88,245,000 (-7.01%) | -$82,466,000 (-3808.34%) | -$2,110,000 (97.21%) | -$75,712,000 (-72.55%) |
Net Cash Flow from Operations | $56,634,000 (-53.16%) | $120,899,000 (465.26%) | -$33,099,000 (-154.13%) | $61,149,000 (-49.74%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$31,611,000 (-182.25%) | $38,433,000 (209.16%) | -$35,209,000 (-141.77%) | -$14,563,000 (-118.72%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | -$59,155,000 (-12.72%) | -$52,480,000 (-310.82%) | $24,893,000 (143.13%) | -$57,711,000 (-77.00%) |
Issuance (Purchase) of Equity Shares | -$3,832,000 (12.01%) | -$4,355,000 (-26.12%) | -$3,453,000 (-257.46%) | $2,193,000 (853.61%) |
Payment of Dividends & Other Cash Distributions | -$25,258,000 (1.46%) | -$25,631,000 (-8.84%) | -$23,550,000 (-19.87%) | -$19,647,000 (-86.25%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
PTMN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 81.50% (1.12%) | 80.60% (1.77%) | 79.20% (-2.58%) | 81.30% (2.65%) |
Profit Margin | -9.50% (-163.76%) | 14.90% (149.34%) | -30.20% (-192.92%) | 32.50% (-55.96%) |
EBITDA Margin | 23.80% (-50.52%) | 48.10% (1123.40%) | -4.70% (-109.49%) | 49.50% (-49.44%) |
Return on Average Equity (ROAE) | -3.10% (-159.62%) | 5.20% (163.41%) | -8.20% (-182.00%) | 10.00% (-53.92%) |
Return on Average Assets (ROAA) | -1.20% (-160.00%) | 2.00% (160.61%) | -3.30% (-178.57%) | 4.20% (-50.59%) |
Return on Sales (ROS) | 23.80% (-50.52%) | 48.10% (1123.40%) | -4.70% (-109.49%) | 49.50% (-49.44%) |
Return on Invested Capital (ROIC) | 2.10% (-51.16%) | 4.30% (1533.33%) | -0.30% (-106.67%) | 4.50% (-40.00%) |
Dividend Yield | 16.90% (11.92%) | 15.10% (36.04%) | 11.10% (13.27%) | 9.80% (-22.22%) |
Price to Earnings Ratio (P/E) | -25.53 (-268.43%) | 15.16 (243.68%) | -10.55 (-229.96%) | 8.12 (168.63%) |
Price to Sales Ratio (P/S) | 2.43 (7.06%) | 2.27 (-28.78%) | 3.18 (20.61%) | 2.64 (18.18%) |
Price to Book Ratio (P/B) | 0.84 (4.72%) | 0.81 (-15.44%) | 0.95 (18.11%) | 0.81 (106.67%) |
Debt to Equity Ratio (D/E) | 1.54 (-1.97%) | 1.57 (-5.81%) | 1.67 (27.02%) | 1.31 (-25.97%) |
Earnings Per Share (EPS) | -0.64 (-153.33%) | 1.2 (155.05%) | -2.18 (-171.48%) | 3.05 (-51.74%) |
Sales Per Share (SPS) | 6.73 (-16.10%) | 8.03 (11.06%) | 7.23 (-22.98%) | 9.38 (9.67%) |
Free Cash Flow Per Share (FCFPS) | 6.11 (-51.96%) | 12.71 (470.13%) | -3.44 (-147.95%) | 7.16 (-70.57%) |
Book Value Per Share (BVPS) | 19.25 (-14.27%) | 22.45 (-6.81%) | 24.09 (-26.58%) | 32.82 (-24.15%) |
Tangible Assets Book Value Per Share (TABVPS) | 48.92 (-15.30%) | 57.76 (-10.17%) | 64.3 (-15.34%) | 75.95 (-36.74%) |
Enterprise Value Over EBIT (EV/EBIT) | 26 (116.67%) | 12 (107.23%) | -166 (-1376.92%) | 13 (116.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 26.18 (110.65%) | 12.43 (107.50%) | -165.63 (-1383.96%) | 12.9 (118.24%) |
Asset Turnover | 0.13 (-5.15%) | 0.14 (24.77%) | 0.11 (-15.50%) | 0.13 (12.17%) |
Current Ratio | - | - | - | - |
Dividends | $2.76 (0.36%) | $2.75 (7.42%) | $2.56 (5.79%) | $2.42 (0.83%) |
Free Cash Flow (FCF) | $56,634,000 (-53.16%) | $120,899,000 (465.26%) | -$33,099,000 (-154.13%) | $61,149,000 (-49.74%) |
Enterprise Value (EV) | $388,683,077 (-14.75%) | $455,939,149 (-16.46%) | $545,752,999 (6.64%) | $511,749,954 (106.83%) |
Earnings Before Tax (EBT) | -$5,935,000 (-152.15%) | $11,381,000 (154.21%) | -$20,996,000 (-180.67%) | $26,026,000 (-17.57%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $14,847,000 (-59.53%) | $36,687,000 (1213.41%) | -$3,295,000 (-108.31%) | $39,670,000 (-5.22%) |
Invested Capital | $678,821,000 (-15.16%) | $800,085,000 (-16.63%) | $959,663,000 (3.51%) | $927,152,000 (4.11%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $453,634,000 (-17.41%) | $549,239,000 (-11.34%) | $619,486,000 (-4.44%) | $648,301,000 (8.02%) |
Market Capitalization | $150,540,077 (-12.40%) | $171,842,149 (-22.25%) | $221,004,999 (-2.16%) | $225,892,289 (167.76%) |
Average Equity | $193,377,750 (-10.93%) | $217,098,000 (-15.17%) | $255,918,000 (-1.53%) | $259,907,424 (78.23%) |
Average Assets | $483,374,750 (-13.91%) | $561,455,750 (-12.36%) | $640,669,500 (3.43%) | $619,437,146 (66.36%) |
Invested Capital Average | $723,023,000 (-14.50%) | $845,647,500 (-11.15%) | $951,722,750 (7.51%) | $885,240,795 (58.83%) |
Shares | 9,212,979 (-2.48%) | 9,447,067 (-1.68%) | 9,608,913 (5.32%) | 9,123,275 (106.55%) |
