GECCM

Great Elm Capital Corp. 6.75% Notes Due 2025 [GECCM] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

GECCM Stock Summary

In the News

11:55 27 Sep 2023 GECCM

Great Elm Capital Group, Inc. (GECC) Misses Q2 Earnings and Revenue Estimates

Great Elm Capital Group, Inc. (GECC) delivered earnings and revenue surprises of -55.00% and -22.22%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

10:00 27 Sep 2023 GECCM

Great Elm Capital Corp. Announces Second Quarter 2020 Financial Results; Begins Portfolio Repositioning; Maintains Liquid Balance Sheet; Grows Net Assets; Board Sets Fourth Quarter 2020 Distribution of $0.083 Per Share Per Month

WALTHAM, Mass., Aug. 07, 2020 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our” or “GECC”), (NASDAQ: GECC), today announced its financial results for the quarter ended June 30, 2020.FINANCIAL HIGHLIGHTS * During the quarter ended June 30, 2020, we began repositioning the portfolio, including intentionally taking actions that depressed net investment income (“NII”) in order to create liquidity * Specifically, as the impact of COVID-19 increased volatility in the leveraged credit secondary markets, we proactively monetized investments in anticipation of more attractive redeployment opportunities * Toward the end of the quarter ended June 30, 2020 and following quarter end, we redeployed a majority of our cash into new, cash-generative investment opportunities that diversify our holdings * As we continue to diversify our holdings, we intend to weight investments in specialty finance businesses, like Prestige Capital Finance, LLC (“Prestige”), whose performance has exceeded internal expectations, more significantly in our future portfolio * NII for the quarter ended June 30, 2020 was approximately $0.9 million, or $0.09 per share, as compared to NII per share of $2.7 million or $0.26 per share for the quarter ended March 31, 2020 * The quarter-over-quarter reduction in NII was driven by the monetization of certain income-generating investments as we continued to meaningfully grow our cash balance and the loss of cash and noncash income from investments placed on nonaccrual status during the prior quarter * Net realized gains for the quarter ended June 30, 2020 were approximately $0.9 million, or $0.09 per share. Net unrealized appreciation from investments for the quarter ended June 30, 2020 was approximately $1.7 million, or $0.16 per share * As of June 30, 2020, our asset coverage ratio was approximately 144.5%, up from 141.1% as of March 31, 2020, vs. a minimum asset coverage ratio of 150.0% (the “Minimum ACR”) * As a result of continuing to report an asset coverage ratio below the Minimum ACR, we are subject to certain limitations on our ability to incur additional debt, make cash distributions on junior securities or repurchase junior securities * During the quarter ended June 30, 2020, we repurchased $4.2 million in aggregate principal of our senior notes at a weighted average price of $19.18 per note * In August 2020, our Board of Directors (the “Board”) set monthly distributions of $0.083 per share for the fourth quarter of 2020 * The distributions will be paid in cash or shares of our common stock at the election of shareholders, although the total amount of cash to be distributed to all shareholders will be limited to approximately 10% of the total distributions to be paid to all shareholders; the remainder of the distributions (approximately 90%) will be paid in the form of shares of our common stock * Net assets on June 30, 2020 were approximately $53.2 million as compared to net assets on March 31, 2020 of $50.8 million, a 4.5% increase. NAV per share on June 30, 2020 was $5.10, as compared to NAV per share of $5.05 on March 31, 2020, as our share count increased by approximately 3.6%“This quarter marked the beginning of GECC’s portfolio repositioning,” remarked Peter A. Reed, GECC’s Chief Executive Officer. “Our net investment income was substantially reduced by, among other drivers, proactive sales of investments to improve our liquidity profile. Since quarter end, we have made meaningful progress redeploying the bulk of our cash balance into high quality, income-generating investments. We remain focused on diversifying our portfolio, maintaining significant liquidity and further strengthening our balance sheet. Our investment in Prestige continues to exceed our expectations and has led to an increased number of opportunities in specialty finance. Going forward, we intend to increase our focus on the specialty finance sector.”PORTFOLIO AND INVESTMENT ACTIVITYAs of June 30, 2020, we held 29 debt investments, totaling approximately $121.0 million and representing 82.7% of the fair market value of our total investments. First lien and/or secured debt investments comprised 98.4% of the fair market value of our debt investments. As of the same date, we held eight equity investments, totaling approximately $25.2 million and representing 17.3% of the fair market value of our total investments.As of June 30, 2020, the weighted average current yield on our debt portfolio was 10.2%. Floating rate instruments comprised approximately 62.6% of the fair market value of debt investments.During the quarter ended June 30, 2020, we deployed approximately $15.9 million into nine investments(1), at a weighted average current yield of 12.2% The weighted average price of the debt deployment activity was 92% of par.During the quarter ended June 30, 2020, we monetized, in part or in full, 17 investments for approximately $37.5 million(2), at a weighted average current yield of 6.5%. The weighted average realized price was 98% of par.CONSOLIDATED RESULTS OF OPERATIONSTotal investment income for the quarter ended June 30, 2020 was approximately $4.8 million, or $0.47 per share. Total expenses for the quarter ended June 30, 2020 were approximately $3.9 million, or $0.38 per share. Net realized gains for the quarter ended June 30, 2020 were approximately $0.9 million, or $0.09 per share. Net unrealized appreciation from investments for the quarter ended June 30, 2020 was approximately $1.7 million, or $0.16 per share.LIQUIDITY AND CAPITAL RESOURCESAs of June 30, 2020, our cash balance was approximately $31.0 million, exclusive of our holdings of United States Treasury Bills. Total debt outstanding as of June 30, 2020 was $119.5 million, comprised of our 6.50% senior notes due September 2022 (NASDAQ: GECCL), our 6.50% senior notes due June 2024 (NASDAQ: GECCN) and our 6.75% senior notes due January 2025 (NASDAQ: GECCM). During the quarter ended June 30, 2020, we repurchased $4.2 million in aggregate principal of our senior notes at a weighted average price of $19.18 per note. Importantly, as of June 30, 2020, we had no secured credit facility, which allows for greater flexibility in the use of our cash and other assets.As of June 30, 2020, our asset coverage ratio was approximately 144.5%, up from 141.1% as of March 31, 2020. We are subject to a Minimum ACR of 150.0%, per the proposal that was approved at our 2018 Annual Stockholders’ Meeting. As a result of continuing to report an asset coverage ratio below the Minimum ACR during the quarter ended June 30, 2020, we are subject to certain limitations on our ability to incur additional debt, make cash distributions on junior securities or repurchase junior securities, in each case, in accordance with the Investment Company Act of 1940, as amended, and the indentures governing our outstanding notes, until such time we are above the Minimum ACR.SELECT SUBSEQUENT ACTIVITYDistributions As previously announced, in May 2020, our Board set monthly distributions of $0.083 per share for the third quarter of 2020, through the month ending September 30, 2020. The distributions will be paid in cash or shares of our common stock at the election of shareholders, although the total amount of cash to be distributed to all shareholders will be limited to approximately 10% of the total distributions to be paid to all shareholders. The remainder of the distributions (approximately 90%) will be paid in the form of shares of our common stock, in accordance with applicable law and the indentures governing our outstanding notes.In August 2020, our Board set monthly distributions of $0.083 per share for the fourth quarter of 2020, through the month ending December 31, 2020. The distributions will be paid in cash or shares of our common stock at the election of shareholders, although the total amount of cash to be distributed to all shareholders will be limited to approximately 10% of the total distributions to be paid to all shareholders. The remainder of the distributions (approximately 90%) will be paid in the form of shares of our common stock, in accordance with applicable law and the indentures governing our outstanding notes.CONFERENCE CALL AND WEBCASTGreat Elm Capital Corp. will host a conference call and webcast on Monday, August 10, 2020 at 10:00 a.m. Eastern Time to discuss its second quarter financial results. All interested parties are invited to participate in the conference call by dialing +1 (844) 820-8297; international callers should dial +1 (661) 378-9758. Participants should enter the Conference ID 9372556 when asked. For a copy of the slide presentation that will be referenced during the course of our conference call, please visit: http://www.investor.greatelmcc.com/events-and-presentations/presentationsThe conference call will be webcast simultaneously at: https://edge.media-server.com/mmc/p/fzae6hstAbout Great Elm Capital Corp. Great Elm Capital Corp. is an externally managed, specialty finance company focused on investing in debt instruments of middle market companies. GECC elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. GECC targets catalyst-driven investments as it seeks to generate attractive, risk-adjusted returns through both current income and capital appreciation.Cautionary Statement Regarding Forward-Looking Statements Statements in this communication that are not historical facts are “forward-looking” statements within the meaning of the federal securities laws. These statements are often, but not always, made through the use of words or phrases such as “expect,” “anticipate,” “should,” “will,” “estimate,” “designed,” “seek,” “continue,” “upside,” “potential” and similar expressions.

04:30 27 Sep 2023 GECCM

Earnings Preview: Great Elm Capital Group, Inc. (GECC) Q2 Earnings Expected to Decline

Great Elm Capital Group, Inc. (GECC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

01:19 27 Sep 2023 GECCM

Top Ranked Income Stocks to Buy for July 17th

Top Ranked Income Stocks to Buy for July 17th

03:50 27 Sep 2023 GECCM

Should Value Investors Buy Great Elm Capital Group, Inc. (GECC) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

12:46 27 Sep 2023 GECCM

New Strong Buy Stocks For June 5th

New Strong Buy Stocks For June 5th

03:50 27 Sep 2023 GECCM

Should Value Investors Buy Great Elm Capital Group, Inc. (GECC) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

10:00 27 Sep 2023 GECCM

Great Elm Capital Corp. Announces First Quarter 2020 Financial Results; Maintains Liquid Balance Sheet; First Quarter Net Investment Income of $0.26 Per Share; Board Sets Third Quarter 2020 Distribution of $0.083 Per Share Per Month

WALTHAM, Mass., May 11, 2020 -- Great Elm Capital Corp. (“we,” “us,” “our” or “GECC”), (NASDAQ: GECC), today announced its financial results for the quarter ended March 31,.

11:00 27 Sep 2023 GECCM

GREAT ELM CAPITAL CORP. ANNOUNCES FOURTH QUARTER AND YEAR END 2019 FINANCIAL RESULTS; FOURTH QUARTER NET INVESTMENT INCOME OF $0.25 PER SHARE; BOARD SETS SECOND QUARTER 2020 DISTRIBUTION OF $0.083 PER SHARE PER MONTH; MAINTAINS STRONG BALANCE SHEET

WALTHAM, Mass., March 19, 2020 -- Great Elm Capital Corp. (“we,” “us,” “our” or “GECC”), (NASDAQ: GECC), today announced its financial results for the quarter and year ended.

03:49 27 Sep 2023 GECCM

Baby Bonds Complete Review

A review of all baby bonds. All the baby bonds sorted in categories. What has changed during the past month?

GECCM Financial details

Company Rating
Strong Buy
Market Cap
188.3B
Income
7.41M
Revenue
46.92M
Book val./share
12.21
Cash/share
0.44
Dividend
1.5
Dividend %
15.96%
Employees
-
Optionable
No
Shortable
Yes
Earnings
31 Mar 2023
P/E
15547.96
Forward P/E
-
PEG
-1194.54
P/S
3.36
P/B
791.27
P/C
56.7
P/FCF
-2.03
Quick Ratio
1.77
Current Ratio
1.74
Debt / Equity
1.6
LT Debt / Equity
1.6
-
-
EPS (TTM)
0.76
EPS next Y
-
EPS next Q
-
EPS this Y
-1.19%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-13.26%
Revenue last 5Y
NAN%
Revenue Q/Q
-32.31%
EPS Q/Q
-36.45%
-
-
-
-
SMA20
-
SMA50
-
SMA100
4.17%
Inst Own
0%
Inst Trans
0%
ROA
6%
ROE
5%
ROC
-0.29%
Gross Margin
85%
Oper. Margin
86%
Profit Margin
22%
Payout
29%
Shs Outstand
7.6B
Shs Float
0
-
-
-
-
Target Price
-
52W Range
22.25-26.519
52W High
-4.04%
52W Low
+13.41%
RSI
50
Rel Volume
0.34
Avg Volume
2.05K
Volume
706
Perf Week
0.81%
Perf Month
0.6%
Perf Quarter
2.42%
Perf Half Y
2.51%
-
-
-
-
Beta
-
-
-
Volatility
0.07%, 0.12%
Prev Close
0.4%
Price
24.95
Change
1.11%

GECCM Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
Revenue per share
-3.01-2.79-13.01-1.622.99
Net income per share
-5.07-4.42-14.41-2.52-2.49
Operating cash flow per share
-17.15-14.3312.35-14.36-6.68
Free cash flow per share
-17.15-14.3312.35-14.36-6.68
Cash per share
46.3352.8957.5151.3427.57
Book value per share
62.0250.8735.8918.313.57
Tangible book value per share
62.0250.8735.8918.313.57
Share holders equity per share
62.0250.8735.8918.313.57
Interest debt per share
89.13144.77108.472.2850.71
Market cap
81.58M77.78M47.91M75.28M51.82M
Enterprise value
153.71M192.98M110.99M208.14M204.39M
P/E ratio
-9.06-10.31-1.5-7.33-3.33
Price to sales ratio
-15.25-16.31-1.66-11.422.77
POCF ratio
-2.68-3.181.75-1.29-1.24
PFCF ratio
-2.68-3.181.75-1.29-1.24
P/B Ratio
0.740.90.61.010.61
PTB ratio
0.740.90.61.010.61
EV to sales
-28.73-40.46-3.85-31.5710.94
Enterprise value over EBITDA
-48.34-26.3-3.48-20.35-2.56
EV to operating cash flow
-5.05-7.894.05-3.56-4.89
EV to free cash flow
-5.05-7.894.05-3.56-4.89
Earnings yield
-0.11-0.1-0.67-0.14-0.3
Free cash flow yield
-0.37-0.310.57-0.78-0.81
Debt to equity
1.392.762.913.813.61
Debt to assets
0.540.820.820.670.99
Net debt to EBITDA
-22.68-15.7-1.97-12.99-1.91
Current ratio
0.170.10.720.071.15
Interest coverage
-0.62-0.96-3.5-0.982
Income quality
3.383.24-0.865.692.68
Dividend Yield
0.160.160.10.130.25
Payout ratio
-1.41-1.69-0.16-0.97-0.84
Sales general and administrative to revenue
-0.54-0.44-0.08-0.440.17
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
84.1371.12107.8632.2327.58
ROIC
-0.01-0.02-0.1-0.030.06
Return on tangible assets
-0.03-0.03-0.11-0.02-0.05
Graham Net
-44.03-65.32-33.22-34.23-7.88
Working capital
-73.2M-66.84M-21.91M-190.2M22.27M
Tangible asset value
110.12M86.89M79.62M74.56M84.81M
Net current asset value
-156.75M-196.55M-147.87M-338.36M-49.88M
Invested capital
1.392.762.913.813.61
Average receivables
10.32M8.85M3.13M3.77M4.6M
Average payables
78.72M81.17M76.1M140.68M136.83M
Average inventory
00000
Days sales outstanding
-1K-229.25-41.22-236.3996.25
Days payables outstanding
26.62K32.62K19.69K38.37K13K
Days of inventory on hand
00000
Receivables turnover
-0.36-1.59-8.85-1.543.79
Payables turnover
0.010.010.020.010.03
Inventory turnover
00000
ROE
-0.08-0.09-0.4-0.14-0.18
Capex per share
00000

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric History 2022-06-302022-09-302022-12-312023-03-31 2023-06-30
Revenue per share
0.980.374.551.230.83
Net income per share
-1.060.18-1.171.070.68
Operating cash flow per share
-7.630.42-1.21.150.57
Free cash flow per share
-7.630.42-1.21.150.57
Cash per share
25.822.527.5733.060.44
Book value per share
18.7912.5613.5711.8812.21
Tangible book value per share
18.7912.5613.5711.8812.21
Share holders equity per share
18.7912.5613.5711.8812.21
Interest debt per share
55.437.9449.4338.7719.93
Market cap
64.94M70.7M51.82M68.42M58.99M
Enterprise value
205.78M212.06M204.39M215.21M204.36M
P/E ratio
-2.9613.28-1.782.12.84
Price to sales ratio
12.7525.011.827.339.34
POCF ratio
-1.6421.96-6.917.8513.5
PFCF ratio
-1.6421.96-6.917.8513.5
P/B Ratio
0.670.740.610.760.64
PTB ratio
0.670.740.610.760.64
EV to sales
40.4175.017.1923.0632.36
Enterprise value over EBITDA
-111.1752.76.137.1139.28
EV to operating cash flow
-5.1965.86-27.2724.6946.75
EV to free cash flow
-5.1965.86-27.2724.6946.75
Earnings yield
-0.080.02-0.140.120.09
Free cash flow yield
-0.610.05-0.140.130.07
Debt to equity
2.922.993.613.231.6
Debt to assets
0.820.970.990.930.46
Net debt to EBITDA
-76.0935.134.5525.3127.94
Current ratio
0.070.081.153.450.1
Interest coverage
-0.3343.828.143.91.88
Income quality
8.772.421.031.070.84
Dividend Yield
0.050.050.070.040.05
Payout ratio
-0.622.57-0.470.330.51
Sales general and administrative to revenue
0.140.410.020.10.13
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
21.127.0418.8616.9413.71
ROIC
00.30.060.030.02
Return on tangible assets
-0.020-0.020.030.02
Graham Net
-21.03-3.07-7.884.07-29.36
Working capital
-97.85M-48.86M22.27M177.34M-69.6M
Tangible asset value
97.61M95.52M84.81M90.31M92.85M
Net current asset value
-241.42M-193.28M-49.88M25.93M-222.13M
Invested capital
2.922.993.613.231.6
Average receivables
7.51M5.9M4.63M4.72M4.33M
Average payables
104.02M79.26M61.63M71.2M74.72M
Average inventory
00000
Days sales outstanding
132.19137.8215.5943.4659.12
Days payables outstanding
37.77K5.45K3.21K12.15K0
Days of inventory on hand
00000
Receivables turnover
0.680.655.772.071.52
Payables turnover
00.020.030.010
Inventory turnover
00000
ROE
-0.060.01-0.090.090.06
Capex per share
00000

GECCM Frequently Asked Questions

What is Great Elm Capital Corp. 6.75% Notes Due 2025 stock symbol ?

Great Elm Capital Corp. 6.75% Notes Due 2025 is a US stock and trading under the symbol GECCM

What is Great Elm Capital Corp. 6.75% Notes Due 2025 stock quote today ?

Great Elm Capital Corp. 6.75% Notes Due 2025 stock price is $24.95 today.

Is Great Elm Capital Corp. 6.75% Notes Due 2025 stock public?

Yes, Great Elm Capital Corp. 6.75% Notes Due 2025 is a publicly traded company.

Something similar

Top by Market Cap
Same Price Range
Similar Market Cap