Silver Spike Investment Corp.

Silver Spike Investment Corp.verified

SSIC

Price:

$10.735

Market Cap:

$66.72M

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded ...[Read more]

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2022-02-04

Stock Exchange

NASDAQ

Ticker

SSIC

The Current Ratio as of November 2024 (TTM) for Silver Spike Investment Corp. (SSIC) is 6.09

According to Silver Spike Investment Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 6.09. This represents a change of -60.58% compared to the average of 15.46 of the last 4 quarters.

Silver Spike Investment Corp. (SSIC) Historical Current Ratio (quarterly & annually)

How has SSIC Current Ratio performed in the past?

The mean historical Current Ratio of Silver Spike Investment Corp. over the last ten years is 22.73. The current 6.09 Current Ratio has changed 2.58% with respect to the historical average. Over the past ten years (40 quarters), SSIC's Current Ratio was at its highest in in the December 2022 quarter at 79.49. The Current Ratio was at its lowest in in the June 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

22.73

Median

5.72

Minimum

0

Maximum

79.49

Silver Spike Investment Corp. (SSIC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Silver Spike Investment Corp. 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 = 0%

Maximum Annual Current Ratio = 79.49

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
202311.43-85.62%
202279.49Infinity%
202200%

Silver Spike Investment Corp. (SSIC) Average Current Ratio

How has SSIC Current Ratio performed in the past?

The current Current Ratio of Silver Spike Investment Corp. (SSIC) 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

30.31

5-year avg

22.73

10-year avg

22.73

Silver Spike Investment Corp. (SSIC) Current Ratio vs. Peers

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

Silver Spike Investment Corp.’s Current Ratio is greater than Entourage Health Corp. (0.10), greater than Avicanna Inc. (0.69), less than RAMM Pharma Corp. (0), greater than Craftport Cannabis Corp. (0.03), greater than Speakeasy Cannabis Club Ltd. (1.40), greater than City View Green Holdings Inc. (0.01), greater than BC Craft Supply Co. Ltd. (0.02), greater than RavenQuest BioMed Inc. (1.14), greater than Pure Harvest Corporate Group, Inc. (0.00),

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