BlackRock TCP Capital Statistics

Total Valuation

TCPC has a market cap or net worth of $684.73 million. The enterprise value is $1.81 billion.

Market Cap	684.73M
Enterprise Value	1.81B

Important Dates

The next confirmed earnings date is Wednesday, November 6, 2024, before market open.

Earnings Date	Nov 6, 2024
Ex-Dividend Date	Sep 16, 2024

Share Statistics

TCPC has 85.59 million shares outstanding. The number of shares has increased by 13.89% in one year.

Shares Outstanding	85.59M
Shares Change (YoY)	+13.89%
Shares Change (QoQ)	+37.94%
Owned by Insiders (%)	0.40%
Owned by Institutions (%)	39.90%
Float	n/a

Valuation Ratios

PE Ratio	n/a
Forward PE	5.28
PS Ratio	2.27
Forward PS	2.49
PB Ratio	0.78
P/FCF Ratio	3.31
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	7.80
EV / EBITDA	n/a
EV / EBIT	10.36
EV / FCF	8.76

Financial Position

The company has a current ratio of 9.19, with a Debt / Equity ratio of 1.51.

Current Ratio	9.19
Quick Ratio	9.08
Debt / Equity	1.51
Debt / EBITDA	n/a
Debt / FCF	6.39
Interest Coverage	3.12

Financial Efficiency

Return on equity (ROE) is -5.76% and return on invested capital (ROIC) is 5.51%.

Return on Equity (ROE)	-5.76%
Return on Assets (ROA)	5.45%
Return on Capital (ROIC)	5.51%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.12
Inventory Turnover	n/a

Taxes

In the past 12 months, TCPC has paid $211,875 in taxes.

Income Tax	211,875
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -23.81% in the last 52 weeks. The beta is 1.51, so TCPC's price volatility has been higher than the market average.

Beta (5Y)	1.51
52-Week Price Change	-23.81%
50-Day Moving Average	8.50
200-Day Moving Average	10.07
Relative Strength Index (RSI)	35.98
Average Volume (20 Days)	479,085

Short Selling Information

The latest short interest is 1.81 million, so 2.11% of the outstanding shares have been sold short.

Short Interest	1.81M
Short Previous Month	1.49M
Short % of Shares Out	2.11%
Short % of Float	n/a
Short Ratio (days to cover)	2.67

Income Statement

In the last 12 months, TCPC had revenue of $232.32 million and -$46.71 million in losses. Loss per share was -$0.71.

Revenue	232.32M
Gross Profit	232.32M
Operating Income	174.81M
Pretax Income	-46.71M
Net Income	-46.71M
EBITDA	n/a
EBIT	174.81M
Loss Per Share	-$0.71

Full Income Statement

Balance Sheet

The company has $194.67 million in cash and $1.32 billion in debt, giving a net cash position of -$1.13 billion or -$13.16 per share.

Cash & Cash Equivalents	194.67M
Total Debt	1.32B
Net Cash	-1.13B
Net Cash Per Share	-$13.16
Equity (Book Value)	873.10M
Book Value Per Share	10.20
Working Capital	207.03M

Full Balance Sheet

Cash Flow

Operating Cash Flow	206.72M
Capital Expenditures	n/a
Free Cash Flow	206.72M
FCF Per Share	$2.42

Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 75.25% and -20.11%.

Gross Margin	100.00%
Operating Margin	75.25%
Pretax Margin	-20.01%
Profit Margin	-20.11%
EBITDA Margin	n/a
EBIT Margin	75.25%
FCF Margin	88.98%

Dividends & Yields

This stock pays an annual dividend of $1.36, which amounts to a dividend yield of 17.00%.

Dividend Per Share	$1.36
Dividend Yield	17.00%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-13.89%
Shareholder Yield	3.11%
Earnings Yield	-6.82%
FCF Yield	30.19%

Dividend Details

Analyst Forecast

The average price target for TCPC is $8.75, which is 9.38% higher than the current price. The consensus rating is "Hold".

Price Target	$8.75
Price Target Difference	9.38%
Analyst Consensus	Hold
Analyst Count	7
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

TCPC has an Altman Z-Score of 0.57 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.57
Piotroski F-Score	5