PTMN
Price:
$12.27
Market Cap:
$131.22M
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sector...[Read more]
Industry
Asset Management
IPO Date
2006-12-12
Stock Exchange
NASDAQ
Ticker
PTMN
According to Portman Ridge Finance Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.69. This represents a change of -21.62% compared to the average of 4.70 of the last 4 quarters.
The mean historical Current Ratio of Portman Ridge Finance Corporation over the last ten years is 241.42K. The current 3.69 Current Ratio has changed -99.85% with respect to the historical average. Over the past ten years (40 quarters), PTMN's Current Ratio was at its highest in in the December 2017 quarter at 2.17M. The Current Ratio was at its lowest in in the March 2020 quarter at 0.18.
Average
241.42K
Median
7.56
Minimum
0.09
Maximum
2.20M
Discovering the peaks and valleys of Portman Ridge Finance Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 229.47%
Maximum Annual Current Ratio = 2.20M
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0.09
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.85 | -10.82% |
| 2023 | 7.68 | 212.23% |
| 2022 | 2.46 | -66.89% |
| 2021 | 7.43 | -77.15% |
| 2020 | 32.53 | -83.18% |
| 2019 | 193.41 | 66.95% |
| 2018 | 0.29 | -100.00% |
| 2017 | 2.20M | 919.99% |
| 2016 | 215.53K | 229.47% |
| 2015 | 0.09 | -100.00% |
The current Current Ratio of Portman Ridge Finance Corporation (PTMN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.67
5-year avg
11.39
10-year avg
241.42K
Portman Ridge Finance Corporation’s Current Ratio is greater than Crescent Capital BDC, Inc. (1.29), less than Oxford Square Capital Corp. (12.29), less than Saratoga Investment Corp. NT 23 (0), greater than Flame Acquisition Corp. (0.07), greater than Vericity, Inc. (-0.33), greater than Hennessy Capital Investment Corp. VI (0.04), greater than Enphys Acquisition Corp. (0.14), less than Regions Financial Corporation (9.75), less than Salisbury Bancorp, Inc. (146.35),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.29 | $539.98M | |
| 12.29 | $150.24M | |
| 0 | $150.76M | |
| 0.07 | $160.84M | |
| -0.33 | $170.02M | |
| 0.04 | $166.91M | |
| 0.14 | $163.71M | |
| 9.75 | $23.81B | |
| 146.35 | $161.90M |
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