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	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	2014‑12
Income
Revenues	139,072 -249.98%	(92,730) -165.84%	140,839 119.85%
Cost of revenue	37,921	34,375	28,007
Unusual Expense (Income)
NOPBT	101,151	(127,105)	112,832
NOPBT Margin	72.73%	137.07%	80.11%
Operating Taxes		82,993	150
Tax Rate			0.13%
NOPAT	101,151	(210,098)	112,682
Net income	116,888 -214.81%	(101,812) -177.21%	131,856 116.56%
Dividends	(148,120)	(103,430)	(39,215)
Dividend yield	11.19%	11.25%	7.46%
Proceeds from repurchase of equity	218,160	178,929	42,033
BB yield	-16.48%	-19.47%	-8.00%
Debt
Debt current		195,347	213,830
Long-term debt	232,083	176,910	164,583
Deferred revenue		430,094	241,847
Other long-term liabilities	(204,650)	(123,344)	(140,695)
Net debt	(685,097)	(351,738)	(366,224)
Cash flow
Cash from operating activities	(81,570)	(74,975)	(114,708)
CAPEX	(4)
Cash from investing activities		(132,008)	(157,480)
Cash from financing activities	71,333	117,875	123,937
FCF	174,897	(139,883)	59,213
Balance
Cash	46,445	56,833	13,917
Long term investments	870,734	667,161	730,721
Excess cash	910,226	728,631	737,595
Stockholders' equity	737,127	663,920	726,107
Invested Capital	217,367	692,143	336,078
ROIC	22.24%		40.66%
ROCE	10.60%		11.74%
EV
Common stock shares outstanding	67,177	46,894	37,527
Price	19.71 0.53%	19.60 40.01%	14.00 38.75%
Market cap	1,323,795 44.02%	919,179 74.96%	525,375 60.93%
EV	666,131	732,095	382,954
EBITDA	101,151	(127,105)	112,832
EV/EBITDA	6.59		3.39
Interest	13,631	14,129	14,466
Interest/NOPBT	13.48%		12.82%