Financial Services -
Asset Management - NASDAQ - US
$ 19.055
-4.82 %
$ 50.6 M
Market Cap
-1905.5
P/E
1. INTRINSIC VALUE
Balance Sheet
Logan Ridge Finance Corporation
| Current Assets | 16.4 M |
| Cash & Short-Term Investments | 15 M |
| Receivables | 1.4 M |
| Other Current Assets | 0 |
| Non-Current Assets | 172 M |
| Long-Term Investments | 172 M |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| 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 | 18.3 M |
| Cost Of Revenue | 0 |
| Gross Profit | 18.3 M |
| Operating Expenses | 4.24 M |
| Operating Income | 14 M |
| Other Expenses | 14 M |
| 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 | 1.68 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
1.12%
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
0 USD 0
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 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 weeks 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
- 1 month 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
- 1 month 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
- 2 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
- 2 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
- 2 months ago
Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Logan Ridge Finance Corporation Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating Logan Ridge (Nasdaq: LRFC) for possible breaches of fiduciary duty and other violations of law in its transaction with Portman Ridge. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Logan Ridge stockholders will receive only 1.50 shares of Portman Ridge common stock in.
businesswire.com
- 2 months ago
Logan Ridge Finance: Disappointing Performance Warrants Huge Discount To NAV
Logan Ridge Finance Corp.'s disappointing performance, with declines in top and bottom lines and net asset value, justifies its 26% discount to NAV. Despite improved first-lien loan exposure and well-staggered debt maturities, LRFC's financial performance and declining interest rates pose significant headwinds. Dividend coverage of 119% is solid, but due to overall disappointing results, I continue to rate Logan Ridge Finance Corporation a hold.
seekingalpha.com
- 2 months ago
Logan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, March 13, 2025, after market close. The Company will host a conference call on Friday, March 14, 2025, at 11:30 a.m.
globenewswire.com
- 3 months ago
1 Underrated And 1 Overrated BDC Yielding 9%+
The BDC universe is small and a large chunk of it is uninvestable for institutional money managers. This renders the sector susceptible to emotional and unsubstantiated flows that ultimately create dislocations. I share two BDCs that offer yields of around 9.5%.
seekingalpha.com
- 3 months ago
Logan Ridge (LRFC) is on the Move, Here's Why the Trend Could be Sustainable
Logan Ridge (LRFC) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
zacks.com
- 3 months ago
Boards of Directors of Portman Ridge Finance Corporation and Logan Ridge Finance Corporation Form Special Committees to Continue Evaluating Potential Business Combination
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge”) and Logan Ridge Finance Corporation (Nasdaq: LRFC) (“Logan Ridge”) announced today that their boards of directors have established special committees of independent directors to more fully evaluate the potential business combination of the two companies that was previously disclosed in their respective Form 10-Q filings with the Securities and Exchange Commission (the “SEC”), which may result in the use of an exchange ratio other than NAV-for-NAV (including but not limited to relative market price or a fixed exchange ratio) in connection therewith.
globenewswire.com
- 4 months ago
8. Profile
Summary
Logan Ridge Finance Corporation LRFC
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 50.6 M
Dividend Yield
1.12%
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, NY, 10022
https://www.loganridgefinance.com
IPO
Date
Sept. 24, 2013
Employees
None
Officers
Mr. David Isaac Held J.D.
Chief Compliance Officer
Mr. Brandon Satoren
Chief Financial Officer, Chief Accounting Officer, Secretary & Treasurer
Mr. Edward Joseph Goldthorpe
Chief Executive Officer, President & Chairman of the Board
Mr. Patrick Schafer
Chief Investment Officer