NMFC
Price:
$11.23
Market Cap:
$1.21B
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental ...[Read more]
Industry
Asset Management
IPO Date
2011-05-20
Stock Exchange
NASDAQ
Ticker
NMFC
According to New Mountain Finance Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.23. This represents a change of 71.56% compared to the average of 1.30 of the last 4 quarters.
The mean historical Current Ratio of New Mountain Finance Corporation over the last ten years is 1.99. The current 2.23 Current Ratio has changed 11.14% with respect to the historical average. Over the past ten years (40 quarters), NMFC's Current Ratio was at its highest in in the June 2022 quarter at 12.57. The Current Ratio was at its lowest in in the March 2020 quarter at 0.02.
Average
1.99
Median
0.43
Minimum
0.06
Maximum
7.91
Discovering the peaks and valleys of New Mountain 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 = Infinity%
Maximum Annual Current Ratio = 7.91
Minimum Annual Increase = -90.89%
Minimum Annual Current Ratio = 0.06
Year | Current Ratio | Change |
---|---|---|
2023 | 0.72 | -90.89% |
2022 | 7.91 | 125.11% |
2021 | 3.52 | 28.03% |
2020 | 2.75 | -37.81% |
2019 | 4.42 | 3.86% |
2018 | 0.11 | -21.57% |
2017 | 0.14 | 2.91% |
2016 | 0.14 | 70.22% |
2015 | 0.08 | 26.22% |
2014 | 0.06 | Infinity% |
The current Current Ratio of New Mountain Finance Corporation (NMFC) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
4.05
5-year avg
3.86
10-year avg
1.99
New Mountain Finance Corporation’s Current Ratio is less than BlackRock TCP Capital Corp. (6.99), greater than Carlyle Secured Lending, Inc. (0.40), greater than Sixth Street Specialty Lending, Inc. (0), greater than WhiteHorse Finance, Inc. (0.80), greater than Fidus Investment Corporation (2.23), greater than Golub Capital BDC, Inc. (0), greater than TriplePoint Venture Growth BDC Corp. (0),
Company | Current Ratio | Market cap |
---|---|---|
6.99 | $742.07M | |
0.40 | $918.35M | |
0 | $1.97B | |
0.80 | $224.06M | |
2.23 | $703.73M | |
0 | $4.05B | |
0 | $293.16M |
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