Prospect Capital Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.90
Dividend & Yield0.72$ (9.42%)
Beta 0.97
Market capitalization 3.05B
Operating cash flow -862.12M
ESG Scores unknown

Company description

Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, senior and secured term loans, unitranche debt, first-lien and second lien, private debt, private equity, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. It also focuses on investing in small-sized and medium-sized private companies rather than large public companies. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $150 million, sales value between $25 million and $500 million, and enterprise value between $5 million and $1000 million. It fund also co-invests for larger deals. The fund seeks control acquisitions by providing multiple levels of the capital structure. The fund focuses on sole, agented, club, or syndicated deals.

Sector: Financial Services - Industry: Asset Management

Financial Ratios
Quick Ratio0.73
Working Capital-28.39
Return On Equity0.25
Debt To Equity0.59
Fixed Asset Ratio-0.15
Fixed Interest Cover3.36

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Change To Liabilities
Total Cashflows From Investing Activities
Net Borrowings 73.32M -250.27M 77.87M 494.99M
Total Cash From Financing Activities -200.5M -491.98M -11.97M 767.09M
Change To Operating Activities -36.33M 200.7M -149.31M -1.11B
Issuance Of Stock 6.15M 6.15M
Net Income 144.49M -16.22M 963.81M 582.58M
Change In Cash 23.34M -62.54M 19.05M -28.25M
Effect Of Exchange Rate
Total Cash From Operating Activities 223.84M 429.44M 31.02M -795.34M
Depreciation
Change To Account Receivables -6.72M 14.79M -863k -350k
Other Cashflows From Financing Activities -28.73M -7.9M -20.14M -17.48M
Change To Netincome 110.9M 220.55M -791.13M -278.63M
Capital Expenditures

Income Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Research Development
Income Before Tax 144.49M -16.22M 963.81M 582.58M
Net Income 144.49M -16.22M 963.81M 582.58M
Selling General Administrative 233.68M 209.47M 215.61M 251.02M
Gross Profit 703.77M 623.53M 631.97M 710.9M
Ebit 470.09M 414.06M 416.36M 459.89M
Operating Income 470.09M 414.06M 416.36M 459.89M
Interest Expense -157.23M -148.37M -123.85M -112.64M
Income Tax Expense
Total Revenue 703.77M 623.53M 631.97M 710.9M
Cost Of Revenue
Total Other Income ExpenseNet -325.6M -430.29M 547.45M 122.7M
Net Income From Continuing Ops 144.49M -16.22M 963.81M 582.58M
Net Income Applicable To Common Shares 144.49M -16.22M 962.1M 556.65M

Balance Sheet Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Total Liabilities 2.49B 2.24B 2.36B 2.85B
Total Stockholder Equity 3.31B 3.06B 3.81B 4.12B
Other Current Liabilities 22.03M 22.41M 23.31M 23.66M
Total Assets 5.8B 5.3B 6.3B 7.66B
Common Stock 367k 374k 388k 393k
Other Current Assets
Retained Earnings -733.96M -930.93M -210.57M 68.36M
Treasury Stock
Cash 107.1M 44.56M 63.61M 35.36M
Total Current Liabilities 109.96M 104.61M 124.12M 114.02M
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 137.98M 58.69M 90.17M 50.11M
Net Tangible Assets 3.31B 3.06B 3.81B 4.12B
Net Receivables 29.83M 12.88M 25.49M 13.67M
Accounts Payable


Insider Transactions

Here are the insider transactions of stock shares related to Prospect Capital Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
VAN DASK KRISTIN LEAPurchase at price 7.51 per share.D2022-11-11Chief Financial Officer4.25k
STARK EUGENE SPurchase at price 6.55 per share.D2022-09-26Director2k
STARK EUGENE SPurchase at price 7.35 per share.D2022-09-07Director2k
VAN DASK KRISTIN LEAPurchase at price 7.35 per share.D2022-09-07Chief Financial Officer2.65k
STARK EUGENE SPurchase at price 7.62 - 7.94 per share.D2021-05-12Director2k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Prospect Capital Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Prospect Capital Corp

Here is the result of two systematic investment strategies applied to Prospect Capital Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Prospect Capital Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Prospect Capital Corp:

Prospect Capital Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 24.35% on the backtest period.

Performance at glance

Performance

24.35 %

Latent gain

546.91 $

Invested capital

2246.09 $

Annualized return

5.88 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Prospect Capital Corp

This is the result of two momentum investment strategies applied to Prospect Capital Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Prospect Capital Corp

The following chart shows all the entries opened by the momentum investment system on Prospect Capital Corp:

Prospect Capital Corp momentum entries
  • The first momentum investment strategy would give 26.69% of return on Prospect Capital Corp. That represents 1666.04$ of latent gain with 6242.14$ of employed capital.
  • The second momentum investment strategy would give 28.04% of return on Prospect Capital Corp. That represents 1050.37$ of latent gain with 3745.61$ of employed capital.
Performance at glance (1Q Momentum)

Performance

26.69 %

Latent gain

1666.04 $

Invested capital

6242.14 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

28.04 %

Latent gain

1050.37 $

Invested capital

3745.61 $

Annualized return

7.66 %

Momentum equity curve on Prospect Capital Corp

The following chart shows the equity curve of the two momentum strategies applied to Prospect Capital Corp:

Prospect Capital Corp momentum equity

Note: the dividends potentially given by Prospect Capital Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Prospect Capital Corp

The following chart shows the employed capital evolution of the two momentum strategies on Prospect Capital Corp since the beginning:

Prospect Capital Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Prospect Capital Corp

Buy the dip entry openings on Prospect Capital Corp

Prospect Capital Corp

The performance achieved by the robo-advisor on Prospect Capital Corp is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Prospect Capital Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Prospect Capital Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Prospect Capital Corp

The following chart shows the result of the investment strategy applied to Prospect Capital Corp:

Prospect Capital Corp

Note: the dividends potentially given by Prospect Capital Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Prospect Capital Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Prospect Capital Corp:

Prospect Capital Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Prospect Capital Corp

In this section, I will compare the three previous investment strategies applied to Prospect Capital Corp.

Equity curve comparison on Prospect Capital Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Prospect Capital Corp investment strategy comparison

Employed capital comparison on Prospect Capital Corp

Prospect Capital Corp investment comparison

Performance comparison on Prospect Capital Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 24.35% 546.91$ 2246.09$ 5.88%
Momentum 1 quarter 26.69% 1666.04$ 6242.14$ 6.84%
Momentum 2 quarters 28.04% 1050.37$ 3745.61$ 7.66%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

5.88 %

Momentum 1Q

7.66 %

Momentum 2Q

7.66 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Prospect Capital Corp:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between Prospect Capital Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Prospect Capital Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Prospect Capital Corp
Country United States
City New York
Address 10 East 40th Street
Phone 212-448-0702
Website www.prospectstreet.com
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XNAS
Ticker PSEC
Market www.nasdaq.com

Prospect Capital Corp ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown