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	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	97,610 -29.81%	139,072 -249.98%	(92,730) -165.84%
Cost of revenue	11,330	37,921	7,234
Unusual Expense (Income)
NOPBT	86,279	101,151	(99,964)
NOPBT Margin	88.39%	72.73%	107.80%
Operating Taxes
Tax Rate
NOPAT	86,279	101,151	(99,964)
Net income	85,491 -26.86%	116,888 -214.81%	(101,812) -177.21%
Dividends	(168,457)	(148,120)	(103,430)
Dividend yield	8.68%	11.19%	30.57%
Proceeds from repurchase of equity	318,689	218,160	178,929
BB yield	-16.42%	-16.48%	-52.89%
Debt
Debt current
Long-term debt		232,083	150,770
Deferred revenue
Other long-term liabilities		(204,650)	(123,344)
Net debt	(1,449,456)	(685,097)	(573,225)
Cash flow
Cash from operating activities	(429,001)	(81,570)	(74,975)
CAPEX		(4)
Cash from investing activities
Cash from financing activities	424,376	71,333	117,875
FCF	123,602	99,730	(112,821)
Balance
Cash	42,225	46,445	56,833
Long term investments	1,407,231	870,734	667,161
Excess cash	1,444,575	910,226	728,631
Stockholders' equity	945,644	737,127	520,894
Invested Capital	559,801	217,367	237,152
ROIC	22.20%	44.51%
ROCE	5.73%	10.60%
EV
Common stock shares outstanding	99,408	67,177	33,428
Price	19.53 -0.89%	19.71 94.72%	10.12 -27.71%
Market cap	1,941,446 46.66%	1,323,795 291.32%	338,291 -27.71%
EV	491,990	666,131	(208,794)
EBITDA	86,279	101,151	(99,964)
EV/EBITDA	5.70	6.59	2.09
Interest	18,340	13,631	14,129
Interest/NOPBT	21.26%	13.48%