Sound Point Meridian Capital Inc

Sound Point Meridian Capital Inc - Current Ratioverified

SPMC

Price:

$10.19

Market Cap:

$209.27M

Sound Point Meridian Capital, LLC functions as a closed-end investment firm based in the United States. The company's primary investment strategy involves allocating capital to the equity and mezzanine layers of collateralized loan obligations (CLOs). These CLOs are backed by diversified pools of predominantly lower-rated, U.S. senior secured debt. Established in 2022, its operations are headquartered in New York, New York.

Industry

Asset Management

IPO Date

2024-06-14

Stock Exchange

NYSE

Ticker

SPMC

The Current Ratio as of June 2026 (TTM) for Sound Point Meridian Capital Inc (SPMC) is 1.46

According to Sound Point Meridian Capital Inc’s latest financial reports and current stock price. The company's current Current Ratio is 1.46. This represents a change of 271.90% compared to the average of 0.39 of the last 4 quarters.

Sound Point Meridian Capital Inc (SPMC) Historical Current Ratio (quarterly & annually)

How has SPMC Current Ratio performed in the past?

The mean historical Current Ratio of Sound Point Meridian Capital Inc over the last ten years is 0.54. The current 1.46 Current Ratio has changed 26.96% with respect to the historical average. Over the past ten years (40 quarters), SPMC's Current Ratio was at its highest in in the March 2026 quarter at 1.46. The Current Ratio was at its lowest in in the September 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

0.54

Median

0.35

Minimum

0

Maximum

1.46

Sound Point Meridian Capital Inc (SPMC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sound Point Meridian Capital Inc 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 = Infinity%

Maximum Annual Current Ratio = 1.46

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20261.46Infinity%
20250-100.00%
20250.13-76.07%

Sound Point Meridian Capital Inc (SPMC) Average Current Ratio

How has SPMC Current Ratio performed in the past?

The current Current Ratio of Sound Point Meridian Capital Inc (SPMC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.53

5-year avg

0.54

10-year avg

0.54

Sound Point Meridian Capital Inc (SPMC) Current Ratio vs. Peers

How is SPMC’s Current Ratio compared to its peers?

Sound Point Meridian Capital Inc’s Current Ratio is less than Inflection Point Acquisition Corp. III (3.45), less than ProCap Financial, Inc. (13.02), less than Talon Capital Corp. Class A Ordinary Shares (12.79), greater than Saratoga Investment Corp. (0.36), less than Stellus Capital Investment Corporation (8.83), less than NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B (923.84), less than Rice Acquisition Corporation 3 (0), less than Pioneer Acquisition I Corp. (2.65), less than Spring Valley Acquisition Corp. III Class A Ordinary Shares (9.82),

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