Eagle Point Cred

Chart & Performance

D1W1MN

Profile

Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.

URL

http://eaglepointcreditcompany.com/

IPO date

Oct 08, 2014

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	139,072 -249.98%	(92,730) -165.84%
Cost of revenue	37,921	34,375
Unusual Expense (Income)
NOPBT	101,151	(127,105)
NOPBT Margin	72.73%	137.07%
Operating Taxes		82,993
Tax Rate
NOPAT	101,151	(210,098)
Net income	116,888 -214.81%	(101,812) -177.21%
Dividends	(148,120)	(103,430)
Dividend yield	11.19%	21.79%
Proceeds from repurchase of equity	218,160	178,929
BB yield	-16.48%	-37.70%
Debt
Debt current		195,347
Long-term debt	232,083	176,910
Deferred revenue		430,094
Other long-term liabilities	(204,650)	(123,344)
Net debt	(685,097)	(351,738)
Cash flow
Cash from operating activities	(81,570)	(74,975)
CAPEX	(4)
Cash from investing activities		(132,008)
Cash from financing activities	71,333	117,875
FCF	174,897	(139,883)
Balance
Cash	46,445	56,833
Long term investments	870,734	667,161
Excess cash	910,226	728,631
Stockholders' equity	737,127	663,920
Invested Capital	217,367	692,143
ROIC	22.24%
ROCE	10.60%
EV
Common stock shares outstanding	67,177	46,894
Price	19.71 94.72%	10.12 -27.71%
Market cap	1,323,795 178.95%	474,567 -9.67%
EV	666,131	287,484
EBITDA	101,151	(127,105)
EV/EBITDA	6.59
Interest	13,631	14,129
Interest/NOPBT	13.48%