Stellus Capital Investment Balance Sheet Health
Financial Health criteria checks 1/6
Stellus Capital Investment has a total shareholder equity of $319.9M and total debt of $575.8M, which brings its debt-to-equity ratio to 180%. Its total assets and total liabilities are $908.1M and $588.1M respectively. Stellus Capital Investment's EBIT is $75.2M making its interest coverage ratio 2.4. It has cash and short-term investments of $26.1M.
Key information
180.0%
Debt to equity ratio
US$575.83m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$26.13m |
| Equity | US$319.94m |
| Total liabilities | US$588.15m |
| Total assets | US$908.09m |
Recent financial health updates
No updates
Recent updates
Stellus Capital: A Covered 12% Yield, But No Real Upside
Mar 14Stellus Capital: Fully Covered 12.5% Dividend Yield With NAV Angst
Mar 06Stellus Capital's 13% Yield Might Not Be As Safe As It Looks (Downgrade)
Dec 05Stellus Capital: A 12.2% Yield Paid Monthly, 4% Discount To NAV
Oct 09Stellus Capital: Outlook Is Gloomy; Consider Other Options
Aug 23Stellus Capital Investment: This 11.2% BDC Yield Offers Recession Protection
Jul 18Stellus Capital: A Growing 11.5% Yield Paid Monthly
May 29Stellus Capital Investment raises monthly dividend by 43% to $0.1333.
Jan 1210%-Yielding Stellus Capital: Take Advantage Of Market Turbulence
Dec 08Stellus Capital Investment GAAP NII of $0.37 beats by $0.08, TII of $20.14M beats by $2.55M
Nov 03Stellus Capital Investment declares $0.0933 dividend; additional dividend of $0.02
Oct 05Stellus Capital: Bank A Cool 10.4% Yield From This BDC
Sep 20Stellus Capital Investment NII of $0.32 beats by $0.03, Total investment income of $16.11M misses by $0.28M
Aug 03Stellus Capital Investment declares $0.0933 dividend, additional dividend of $0.02
Jul 14Stellus Capital: 12% Yield, Good Things Come In Small Packages
Jul 02Stellus Capital: 8.2% Yield, Why Wait When You Can Get Paid Now
Feb 0110% Yield, Discount To Book: Stellus Capital
Nov 04Stellus Capital - Resilient Portfolio And Sustainable Dividends
Nov 02Stellus Capital Investment EPS beats by $0.02, beats on revenue
Oct 30Financial Position Analysis
Short Term Liabilities: SCM's short term assets ($33.6M) exceed its short term liabilities ($11.7M).
Long Term Liabilities: SCM's short term assets ($33.6M) do not cover its long term liabilities ($576.4M).
Debt to Equity History and Analysis
Debt Level: SCM's net debt to equity ratio (171.8%) is considered high.
Reducing Debt: SCM's debt to equity ratio has increased from 130% to 180% over the past 5 years.
Debt Coverage: SCM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SCM's interest payments on its debt are not well covered by EBIT (2.4x coverage).