BlackRock TCP Capital Corp. (TCPC)

BlackRock TCP Capital Statistics

Total Valuation

TCPC has a market cap or net worth of $679.77 million. The enterprise value is $1.71 billion.

Market Cap	679.77M
Enterprise Value	1.71B

Important Dates

The next estimated earnings date is Wednesday, April 30, 2025, before market open.

Earnings Date	Apr 30, 2025
Ex-Dividend Date	Mar 17, 2025

Share Statistics

TCPC has 85.08 million shares outstanding. The number of shares has increased by 37.92% in one year.

Current Share Class	85.08M
Shares Outstanding	85.08M
Shares Change (YoY)	+37.92%
Shares Change (QoQ)	-0.31%
Owned by Insiders (%)	0.47%
Owned by Institutions (%)	22.02%
Float	n/a

Valuation Ratios

PE Ratio	n/a
Forward PE	5.94
PS Ratio	2.45
Forward PS	2.77
PB Ratio	0.87
P/TBV Ratio	0.87
P/FCF Ratio	n/a
P/OCF Ratio	2.32
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	6.58
EV / EBITDA	n/a
EV / EBIT	8.35
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.09, with a Debt / Equity ratio of 1.43.

Current Ratio	1.09
Quick Ratio	1.07
Debt / Equity	1.43
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	2.89

Financial Efficiency

Return on equity (ROE) is -8.57% and return on invested capital (ROIC) is 7.14%.

Return on Equity (ROE)	-8.57%
Return on Assets (ROA)	7.06%
Return on Invested Capital (ROIC)	7.14%
Return on Capital Employed (ROCE)	11.29%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.14
Inventory Turnover	n/a

Taxes

In the past 12 months, TCPC has paid $522,554 in taxes.

Income Tax	522,554
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -23.03% in the last 52 weeks. The beta is 1.61, so TCPC's price volatility has been higher than the market average.

Beta (5Y)	1.61
52-Week Price Change	-23.03%
50-Day Moving Average	8.68
200-Day Moving Average	9.11
Relative Strength Index (RSI)	41.05
Average Volume (20 Days)	744,310

Short Selling Information

The latest short interest is 1.03 million, so 1.21% of the outstanding shares have been sold short.

Short Interest	1.03M
Short Previous Month	1.02M
Short % of Shares Out	1.21%
Short % of Float	n/a
Short Ratio (days to cover)	1.80

Income Statement

In the last 12 months, TCPC had revenue of $259.44 million and -$63.14 million in losses. Loss per share was -$0.79.

Revenue	259.44M
Gross Profit	259.44M
Operating Income	204.44M
Pretax Income	-46.71M
Net Income	-63.14M
EBITDA	n/a
EBIT	204.44M
Loss Per Share	-$0.79

Balance Sheet

The company has $91.59 million in cash and $1.12 billion in debt, giving a net cash position of -$1.03 billion or -$12.08 per share.

Cash & Cash Equivalents	91.59M
Total Debt	1.12B
Net Cash	-1.03B
Net Cash Per Share	-$12.08
Equity (Book Value)	785.12M
Book Value Per Share	9.23
Working Capital	10.47M

Cash Flow

Operating Cash Flow	293.12M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 100.00%, with operating and profit margins of 78.80% and -24.34%.

Gross Margin	100.00%
Operating Margin	78.80%
Pretax Margin	-24.13%
Profit Margin	-24.34%
EBITDA Margin	n/a
EBIT Margin	78.80%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $1.41, which amounts to a dividend yield of 17.65%.

Dividend Per Share	$1.41
Dividend Yield	17.65%
Dividend Growth (YoY)	-17.54%
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-37.92%
Shareholder Yield	-20.27%
Earnings Yield	-9.29%
FCF Yield	n/a

Analyst Forecast

The average price target for TCPC is $8.63, which is 8.01% higher than the current price. The consensus rating is "Hold".

Price Target	$8.63
Price Target Difference	8.01%
Analyst Consensus	Hold
Analyst Count	5
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

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 0.22 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.22
Piotroski F-Score	5