Financial Services -
Asset Management - NASDAQ - US
$ 17.3465
-2.68 %
$ 46.1 M
Market Cap
-6.27
P/E
1. INTRINSIC VALUE
Balance Sheet
Logan Ridge Finance Corporation
| Current Assets | 17.5 M |
| Cash & Short-Term Investments | 15 M |
| Receivables | 2.49 M |
| Other Current Assets | 0 |
| Non-Current Assets | 172 M |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 172 M |
| Current Liabilities | 10.7 M |
| Accounts Payable | 2.76 M |
| Short-Term Debt | 7.06 M |
| Other Current Liabilities | 834 K |
| Non-Current Liabilities | 101 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 101 M |
EFFICIENCY
Earnings Waterfall
Logan Ridge Finance Corporation
| Revenue | 5.26 M |
| Cost Of Revenue | 8.42 M |
| Gross Profit | 5.26 M |
| Operating Expenses | 5.29 M |
| Operating Income | -29 K |
| Other Expenses | 0 |
| Net Income | -29 K |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Logan Ridge Finance Corporation
| Net Income | -29 K |
| Depreciation & Amortization | 12.3 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | 1.92 M |
| Free Cash Flow | 13.9 M |
Wall Street Analysts Price Targets
Logan Ridge Finance Corporation
LRFC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.87%
DIVIDEND YIELD
0.36 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Logan Ridge Finance Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
19.8 K USD 2
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Logan Ridge Announces Change of Date to the Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote “FOR” the Merger Proposal
Stockholders of LRFC Who Have Voted Thus Far Have Expressed Strong Support for the Proposed Merger Both Leading Independent Proxy Advisors, Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), Have Recommended LRFC Stockholders Vote “FOR” the Merger Proposal NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ: LRFC) (“Logan Ridge” or “LRFC”) announced today that its Special Meeting of Stockholders (the “LRFC Special Meeting”) will take place on June 20, 2025, rather than June 6, 2025, to provide stockholders with additional time to cast their vote to approve the proposed merger of LRFC with and into Portman Ridge Finance Corporation (NASDAQ: PTMN) (“Portman Ridge” or “PTMN”) (the “Merger Proposal”). Stockholders of LRFC can attend the meeting and cast their votes by following the instructions outlined in the amended joint proxy statement.
globenewswire.com
- 1 week ago
LOGAN RIDGE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Logan Ridge Finance Corporation - LRFC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Logan Ridge Finance Corporation (NasdaqGS: LRFC) to Portman Ridge Finance Corporation (NasdaqGS: PTMN). Under the terms of the proposed transaction, shareholders of Logan Ridge will receive 1.50 newly issued shares of Portman for each share of Logan Ridge that they own. KSF is seeking to determine whether this.
businesswire.com
- 1 month ago
Logan Ridge Finance: Poor Credit Quality Makes This 8% Yielding BDC One To Avoid
Logan Ridge Finance Corporation faces significant challenges, including declining net investment income and questionable credit quality, making it a risky investment for income-focused investors. Despite a potential merger with Portman Ridge Finance Corp., which could provide benefits, LRFC's current financial instability and high probability of a dividend cut are concerning. LRFC's portfolio has a high percentage of first-lien loans and attractive sector allocation, but still struggles with non-accruals and declining net asset value.
seekingalpha.com
- 1 month ago
Logan Ridge Finance Corporation (LRFC) Q1 2025 Earnings Call Transcript
Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q1 2025 Earnings Conference Call May 9, 2025 11:00 AM ET Company Participants Ted Goldthorpe – Chief Executive Officer, President and Director Brandon Satoren – Chief Financial Officer Patrick Schafer – Chief Investment Officer Conference Call Participants Christopher Nolan – Ladenburg Thalmann Steven Martin – Slater Capital Operator Good morning, and welcome to Logan Ridge Finance Corporation's First Quarter Ended March 31, 2025 Earnings Conference Call. An earnings press release was distributed yesterday, May 8, 2025 after the close of the market.
seekingalpha.com
- 1 month ago
Logan Ridge Finance Corporation Announces First Quarter 2025 Financial Results
Reports Solid First Quarter Results with Net Investment Income of $0.35 Per Share and a Net Asset Value of $29.66 Per Share
globenewswire.com
- 1 month ago
Two BDCs For 60 Cents On The Dollar: 1 To Buy And 1 To Avoid
BDCs have gone through a notable repricing. Some of them are trading now at a deep discount territory. These deep discounts enhance the risk to reward ratios, especially for those that have been unfairly punished.
seekingalpha.com
- 2 months ago
Logan Ridge Finance Corporation Schedules First Quarter 2025 Earnings Release and Conference Call
NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, after market close. The Company will host a conference call on Friday, May 9, 2025, at 11:00 a.m.
globenewswire.com
- 2 months ago
Logan Ridge Finance Corporation (LRFC) Q4 2024 Earnings Call Transcript
Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q4 2024 Earnings Conference Call March 14, 2025 11:30 AM ET Company Participants Ted Goldthorpe - Chief Executive Officer, President and Director Brandon Satoren - Chief Financial Officer Patrick Schafer - Chief Investment Officer Conference Call Participants Christopher Nolan - Ladenburg Thalmann Operator Thank you for standing by. Good morning and welcome to Logan Ridge Finance Corporation's Fourth Quarter and Full Year ended December 31, 2024, Earnings Conference Call.
seekingalpha.com
- 3 months ago
Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2024 Financial Results
Reports Strong Fourth Quarter Results with Net Investment Income of $0.56 Per Share and a Net Asset Value of $32.04 Per Share
globenewswire.com
- 3 months ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PTMN and LRFC on Behalf of Shareholders
NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
globenewswire.com
- 4 months ago
LOGAN RIDGE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Logan Ridge Finance Corporation - LRFC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Logan Ridge Finance Corporation (NasdaqGS: LRFC) to Portman Ridge Finance Corporation (NasdaqGS: PTMN). Under the terms of the proposed transaction, shareholders of Logan Ridge will receive 1.50 newly issued shares of Portman for each share of Logan Ridge that they own. KSF is seeking to determine whether this.
businesswire.com
- 4 months ago
LRFC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Logan Ridge Finance Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Logan Ridge Finance Corporation (NASDAQ: LRFC) to Portman Ridge Finance Corporation for 1.50 newly issued shares of Portman common stock in exchange for each share of common stock of Logan Ridge is fair to Logan Ridge shareholders. Halper Sadeh encourages Logan Ridge shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper.
businesswire.com
- 4 months ago
8. Profile
Summary
Logan Ridge Finance Corporation LRFC
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 46.1 M
Dividend Yield
0.87%
Description
Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.
Contact
650 Madison Avenue, New York City, NY, 10022
https://www.loganridgefinance.com
IPO
Date
Sept. 24, 2013
Employees
None
Officers
Mr. Brandon Satoren
Chief Financial Officer, Secretary & Treasurer
Mr. Patrick Schafer
Chief Investment Officer
Mr. David Isaac Held J.D.
Chief Compliance Officer
Mr. Edward Joseph Goldthorpe
Chief Executive Officer, President & Chairman of the Board