Portman Ridge Finance Corporation (PTMN)

Portman Ridge Finance Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9.23	17.53	26.91	5.15	28.92	6.99
Cash & Short-Term Investments	9.23	17.53	26.91	5.15	28.92	6.99
Cash Growth	-55.67%	-34.85%	422.77%	-82.20%	313.72%	5007.26%
Accounts Receivable	4.79	6.09	5.74	6.22	25.71	28.08
Other Receivables	1.25	1.37	1.53	0.93	0.51	0.36
Receivables	6.03	7.46	7.27	7.15	26.21	28.44
Restricted Cash	14.28	22.42	44.65	27.98	39.42	75.91
Total Current Assets	29.55	47.41	78.83	40.28	94.55	111.34
Long-Term Investments	406.42	405.02	467.87	576.48	549.99	487.74
Other Long-Term Assets	2.81	1.21	2.54	2.72	3.76	1.1
Total Assets	438.78	453.63	549.24	619.49	648.3	600.18
Accounts Payable	4.9	3.01	4.77	5.89	10.22	1.79
Accrued Expenses	7.02	6.36	8.08	7.27	6.56	6.33
Other Current Liabilities	-	-	-	-	2.41	1.11
Total Current Liabilities	11.92	9.37	12.85	13.16	19.19	9.23
Long-Term Debt	253.35	265.14	322.41	373.31	347.19	373.31
Other Long-Term Liabilities	-	0.64	0.46	0.9	1.8	1.37
Total Liabilities	265.27	275.14	335.72	387.36	368.18	383.91
Common Stock	0.09	0.09	0.09	0.1	0.1	0.08
Additional Paid-In Capital	714.4	714.33	717.84	736.78	733.1	639.14
Retained Earnings	-540.98	-535.93	-504.41	-504.76	-453.07	-422.95
Shareholders' Equity	173.51	178.49	213.52	232.12	280.12	216.26
Total Liabilities & Equity	438.78	453.63	549.24	619.49	648.3	600.18
Total Debt	253.35	265.14	322.41	373.31	347.19	373.31
Net Cash (Debt)	-244.12	-247.61	-295.5	-368.16	-318.27	-366.32
Net Cash Per Share	-26.43	-26.70	-31.07	-38.21	-37.29	-73.28
Filing Date Shares Outstanding	9.2	9.2	9.34	9.55	9.7	7.52
Total Common Shares Outstanding	9.2	9.2	9.38	9.58	9.7	7.52
Working Capital	17.63	38.04	65.98	27.13	75.37	102.11
Book Value Per Share	18.85	19.41	22.76	24.23	28.88	28.77
Tangible Book Value	173.51	178.49	213.52	232.12	280.12	216.26
Tangible Book Value Per Share	18.85	19.41	22.76	24.23	28.88	28.77

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q