Stellus Capital Investment (SCM) Financials

$14.52 -0.02 (-0.10%)

Closing price 03:59 PM Eastern

Extended Trading

$14.52 0.00 (0.00%)

As of 05:46 PM Eastern

Annual Income Statements for Stellus Capital Investment

This table shows Stellus Capital Investment's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	37	0.80	-3.57	-3.45	29
Consolidated Net Income / (Loss)	37	0.80	-3.57	-3.45	29
Net Income / (Loss) Continuing Operations	37	0.80	-3.57	-3.45	29
Total Pre-Tax Income	37	1.90	-2.40	-2.12	31
Total Operating Income	64	4.38	11	26	26
Total Gross Profit	79	22	31	46	47
Total Revenue	79	22	31	46	47
Operating Revenue	79	22	31	46	47
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	15	18	19	20	20
Selling, General & Admin Expense	4.01	4.37	4.40	4.75	4.78
Other Operating Expenses / (Income)	11	13	15	15	16
Total Other Income / (Expense), net	-26	-2.48	-14	-28	4.57
Other Income / (Expense), net	-10	17	-14	-28	4.57
Income Tax Expense	0.77	1.10	1.16	1.33	1.81
Basic Earnings per Share	$1.04	$1.72	$0.74	$0.80	$1.79
Weighted Average Basic Shares Outstanding	19.47M	19.49M	19.55M	22.00M	25.60M
Diluted Earnings per Share	$1.04	$1.72	$0.74	$0.80	$1.79
Weighted Average Diluted Shares Outstanding	19.47M	19.49M	19.55M	22.00M	25.60M
Weighted Average Basic & Diluted Shares Outstanding	-	-	19.70M	24.13M	27.52M
Cash Dividends to Common per Share	$1.15	$1.14	$1.30	$1.61	$1.61

This table shows Stellus Capital Investment's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-7.71	-0.61	-6.81	11	1.65	4.12	11	12
Consolidated Net Income / (Loss)	-7.71	-0.61	-6.81	11	1.65	4.12	11	12
Net Income / (Loss) Continuing Operations	-7.71	-0.61	-6.81	11	1.65	4.12	11	12
Total Pre-Tax Income	-7.33	-0.24	-6.48	12	2.02	4.70	12	12
Total Operating Income	4.81	6.38	6.74	7.74	6.14	8.18	6.31	5.51
Total Gross Profit	9.73	11	12	13	11	13	11	11
Total Revenue	9.73	11	12	13	11	13	11	11
Operating Revenue	9.73	11	12	13	11	13	11	11
Total Cost of Revenue	0.00	0.00	0.00	-0.24	0.00	0.00	0.00	-0.25
Total Operating Expenses	4.93	4.96	5.02	5.72	5.05	5.07	5.11	5.74
Selling, General & Admin Expense	1.19	1.09	1.09	1.80	1.20	1.22	1.15	1.70
Other Operating Expenses / (Income)	3.74	3.87	3.93	3.92	3.85	3.85	3.96	4.03
Total Other Income / (Expense), net	-12	-6.62	-13	3.97	-4.12	-3.49	5.43	6.72
Other Income / (Expense), net	-4.25	-6.62	-13	-3.92	3.65	-3.49	5.43	-1.05
Income Tax Expense	0.37	0.37	0.34	0.25	0.37	0.57	0.36	0.50
Basic Earnings per Share	$0.24	$0.17	($0.11)	$0.50	$0.54	$0.35	$0.59	$0.31
Weighted Average Basic Shares Outstanding	19.78M	21.23M	22.82M	22.00M	24.13M	24.73M	26.33M	25.60M
Diluted Earnings per Share	$0.24	$0.17	($0.11)	$0.50	$0.54	$0.35	$0.59	$0.31
Weighted Average Diluted Shares Outstanding	19.78M	21.23M	22.82M	22.00M	24.13M	24.73M	26.33M	25.60M
Weighted Average Basic & Diluted Shares Outstanding	20.84M	-	-	24.13M	24.13M	25.98M	27.06M	27.52M
Cash Dividends to Common per Share	$0.40	$0.41	$0.41	$0.39	$0.40	$0.41	$0.40	$0.40

This table details how cash moves in and out of Stellus Capital Investment's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	2.34	26	3.87	-22	-6.07
Net Cash From Operating Activities	-3.49	-76	-56	-17	-29
Net Cash From Continuing Operating Activities	-3.49	-76	-56	-17	-29
Net Income / (Loss) Continuing Operations	20	34	14	18	46
Consolidated Net Income / (Loss)	20	34	14	18	46
Depreciation Expense	0.00	0.00	-0.01	0.01	0.01
Amortization Expense	-0.42	-0.36	-0.28	-0.39	-0.15
Non-Cash Adjustments To Reconcile Net Income	-23	-113	-69	-32	-75
Changes in Operating Assets and Liabilities, net	-0.56	4.01	-1.49	-2.54	0.99
Net Cash From Investing Activities	0.00	0.00	0.00	0.00	0.00
Net Cash From Continuing Investing Activities	0.00	0.00	0.00	0.00	0.00
Net Cash From Financing Activities	5.83	102	60	-4.65	23
Net Cash From Continuing Financing Activities	5.83	102	60	-4.65	23
Repayment of Debt	-109	-316	-127	-148	-172
Repurchase of Common Equity	-0.10	-0.05	-0.52	-0.25	-0.43
Payment of Dividends	-24	-21	-27	-36	-38
Issuance of Debt	136	442	213	120	188
Issuance of Common Equity	4.79	0.45	2.16	63	46
Other Financing Activities, net	-2.48	-3.28	-1.77	-3.88	-1.39
Cash Interest Paid	14	15	21	29	29
Cash Income Taxes Paid	0.94	1.45	3.26	2.51	1.81

This table details how cash moves in and out of Stellus Capital Investment's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-30	-2.93	4.29	6.92	23	-13	2.71	-19
Net Cash From Operating Activities	-32	0.08	-10	25	4.46	-13	12	-32
Net Cash From Continuing Operating Activities	-32	0.08	-10	25	4.46	-13	12	-32
Net Income / (Loss) Continuing Operations	4.74	3.71	-2.40	11	13	8.54	15	8.69
Consolidated Net Income / (Loss)	4.74	3.71	-2.40	11	13	8.54	15	8.69
Depreciation Expense	0.01	0.01	0.00	-0.01	0.00	0.01	-0.01	0.02
Amortization Expense	-0.09	-0.13	-0.14	-0.02	-0.01	-0.05	-0.03	-0.05
Non-Cash Adjustments To Reconcile Net Income	-36	-4.98	-3.47	12	-2.30	-24	-3.76	-46
Changes in Operating Assets and Liabilities, net	-0.98	1.48	-4.47	1.44	-6.39	1.96	0.10	5.32
Net Cash From Financing Activities	1.85	-3.01	15	-18	18	0.21	-9.04	13
Net Cash From Continuing Financing Activities	1.85	-3.01	15	-18	18	0.21	-9.04	13
Repayment of Debt	-14	-51	-51	-31	-25	-70	-31	-47
Repurchase of Common Equity	-0.07	-0.05	-0.10	-0.03	-0.01	-0.13	-0.11	-0.19
Payment of Dividends	-5.25	-8.35	-9.06	-13	-6.43	-9.80	-10	-11
Issuance of Debt	13	24	54	29	50	54	18	66
Issuance of Common Equity	8.49	33	22	-	0.00	26	15	6.12
Other Financing Activities, net	-0.13	-0.49	-0.64	-2.63	-0.05	-0.40	-0.25	-0.68
Cash Interest Paid	11	3.96	11	3.40	11	3.73	11	3.02
Cash Income Taxes Paid	0.00	1.14	0.00	1.37	1.46	0.07	0.00	0.28

This table presents Stellus Capital Investment's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	821	898	908	981
Total Current Assets	45	49	28	22
Cash & Equivalents	44	48	26	20
Accounts Receivable	0.05	0.03	0.04	0.09
Prepaid Expenses	0.51	0.67	0.61	0.67
Current Deferred & Refundable Income Taxes	-	0.00	1.59	1.30
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00
Total Noncurrent Assets	19	20	8.30	11
Long-Term Investments	0.54	0.72	0.37	0.34
Other Noncurrent Operating Assets	18	19	7.93	10
Total Liabilities & Shareholders' Equity	821	898	908	981
Total Liabilities	536	622	588	611
Total Current Liabilities	7.49	6.14	5.92	6.77
Accounts Payable	-	-	0.28	0.94
Current Deferred Revenue	0.53	0.32	0.40	0.55
Other Current Nonoperating Liabilities	3.69	4.64	5.24	5.28
Total Noncurrent Liabilities	529	617	582	604
Long-Term Debt	518	604	576	593
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.06	0.19	0.00
Other Noncurrent Operating Liabilities	10	13	6.21	11
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	285	276	320	370
Total Preferred & Common Equity	285	276	320	370
Total Common Equity	285	276	320	370
Common Stock	275	275	336	380
Retained Earnings	-	0.64	-16	-9.65

This table presents Stellus Capital Investment's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	3/31/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	326	935	947	957
Total Current Assets	0.00	52	38	41
Cash & Equivalents	-	49	36	39
Prepaid Expenses	-	0.59	0.41	0.26
Current Deferred & Refundable Income Taxes	-	2.67	2.17	1.82
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00
Total Noncurrent Assets	326	7.33	14	13
Long-Term Investments	15	0.78	0.57	1.36
Other Noncurrent Operating Assets	311	6.55	13	12
Total Liabilities & Shareholders' Equity	-25	935	947	957
Total Liabilities	-25	612	599	591
Total Current Liabilities	0.00	1.91	5.82	2.80
Accounts Payable	-	-	-	1.00
Current Deferred Revenue	-	0.41	0.57	0.55
Other Current Nonoperating Liabilities	-	1.49	5.25	1.25
Total Noncurrent Liabilities	-25	610	593	586
Long-Term Debt	-5.77	601	586	575
Noncurrent Deferred & Payable Income Tax Liabilities	-	0.38	0.00	0.00
Other Noncurrent Operating Liabilities	-20	8.45	6.72	11
Commitments & Contingencies	-	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	0.01	323	347	366
Total Preferred & Common Equity	0.01	323	347	366
Total Common Equity	0.01	323	347	366
Common Stock	0.00	336	361	375
Retained Earnings	-	-13	-14	-9.17

This table displays calculated financial ratios and metrics derived from Stellus Capital Investment's official financial filings.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-
Revenue Growth	0.00%	-72.13%	40.22%	49.80%	1.78%
EBITDA Growth	0.00%	-60.77%	-112.32%	6.82%	1,330.48%
EBIT Growth	0.00%	-60.39%	-110.85%	11.79%	1,559.27%
NOPAT Growth	0.00%	-97.05%	140.46%	125.03%	37.32%
Net Income Growth	0.00%	-97.83%	-297.61%	3.13%	943.56%
EPS Growth	0.00%	65.38%	-56.98%	8.11%	123.75%
Operating Cash Flow Growth	0.00%	-2,082.10%	26.04%	69.33%	-65.93%
Free Cash Flow Firm Growth	0.00%	0.00%	-9,697.38%	207.18%	-91.80%
Invested Capital Growth	0.00%	0.00%	0.00%	-99.06%	-108.83%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-4.52%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-1.23%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-1.18%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	20.28%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	1,465.98%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-9.60%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-201.33%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	67.40%	94.89%	-8.74%	-5.44%	65.75%
Operating Margin	80.81%	19.98%	37.36%	56.13%	56.30%
EBIT Margin	67.93%	96.54%	-7.82%	-4.61%	66.04%
Profit (Net Income) Margin	46.67%	3.64%	-11.60%	-7.50%	62.18%
Tax Burden Percent	97.94%	41.99%	148.32%	162.88%	94.16%
Interest Burden Percent	70.15%	8.98%	100.00%	100.00%	100.00%
Effective Tax Rate	2.06%	58.01%	0.00%	0.00%	5.85%
Return on Invested Capital (ROIC)	0.00%	78.78%	4.89%	10.90%	1,758.14%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	79.52%	-2.19%	-381.11%	1,756.89%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-78.22%	-691.14%	-13.05%	-1,749.70%
Return on Equity (ROE)	0.00%	0.56%	-686.25%	-2.15%	8.45%
Cash Return on Invested Capital (CROIC)	0.00%	-121.22%	-195.11%	207.16%	0.00%
Operating Return on Assets (OROA)	0.00%	2.58%	-0.74%	-0.34%	3.28%
Return on Assets (ROA)	0.00%	0.10%	-1.09%	-0.56%	3.09%
Return on Common Equity (ROCE)	0.00%	0.56%	-686.25%	-2.15%	8.45%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.28%	-343.12%	-1.08%	7.88%
Net Operating Profit after Tax (NOPAT)	62	1.84	8.04	18	25
NOPAT Margin	79.15%	8.39%	26.15%	39.29%	53.01%
Net Nonoperating Expense Percent (NNEP)	0.00%	-0.74%	7.08%	392.01%	1.25%
Return On Investment Capital (ROIC_SIMPLE)	-	0.23%	-92.70%	2.02%	2.58%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	5.10%	19.94%	14.32%	10.31%	10.20%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.19%	80.02%	62.64%	43.87%	43.70%
Earnings before Interest and Taxes (EBIT)	53	21	-2.40	-2.12	31
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	53	21	-2.69	-2.50	31
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	194.34	0.00	0.99
Price to Tangible Book Value (P/TBV)	0.00	0.00	194.34	0.00	0.99
Price to Revenue (P/Rev)	0.00	0.00	6.57	0.00	7.81
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	12.55
Dividend Yield	14.40%	8.85%	10.84%	14.24%	11.83%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	7.97%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.54	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	5.76	0.00	20.02
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	30.46
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	30.32
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	22.01	0.00	37.78
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	33.26
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	1.82	-9.34	1.80	1.60
Long-Term Debt to Equity	0.00	1.82	-9.34	1.80	1.60
Financial Leverage	0.00	-0.98	315.46	0.03	-1.00
Leverage Ratio	0.00	2.88	314.20	3.85	2.74
Compound Leverage Factor	0.00	0.26	314.20	3.85	2.74
Debt to Total Capital	0.00%	64.51%	111.98%	64.28%	61.58%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	64.51%	111.98%	64.28%	61.58%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	35.49%	-11.98%	35.72%	38.42%
Debt to EBITDA	0.00	24.91	3.61	-229.96	19.25
Net Debt to EBITDA	0.00	22.76	9.33	-219.38	18.58
Long-Term Debt to EBITDA	0.00	24.91	3.61	-229.96	19.25
Debt to NOPAT	0.00	281.80	-1.21	31.83	23.87
Net Debt to NOPAT	0.00	257.49	-3.12	30.37	23.05
Long-Term Debt to NOPAT	0.00	281.80	-1.21	31.83	23.87
Altman Z-Score	0.00	0.00	-4.35	0.00	0.52
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-
Current Ratio	0.00	5.97	0.00	4.79	3.27
Quick Ratio	0.00	5.90	0.00	4.42	2.98
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-2.83	-321	344	28
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-0.15	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	-0.22	-3.95	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-0.22	-3.95	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.00	0.03	0.09	0.07	0.05
Accounts Receivable Turnover	0.00	400.33	0.00	0.00	695.91
Inventory Turnover	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.91	0.00	0.00	0.52
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.91	0.00	0.00	0.52
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	0.00	4.67	329	3.10	-0.27
Invested Capital Turnover	0.00	9.39	0.19	0.28	33.17
Increase / (Decrease) in Invested Capital	0.00	4.67	329	-326	-3.37
Enterprise Value (EV)	0.00	0.00	177	0.00	938
Market Capitalization	0.00	0.00	202	0.00	366
Book Value per Share	$0.00	$14.63	$0.05	$14.54	$13.67
Tangible Book Value per Share	$0.00	$14.63	$0.05	$14.54	$13.67
Total Capital	0.00	803	-8.67	896	963
Total Debt	0.00	518	-9.71	576	593
Total Long-Term Debt	0.00	518	-9.71	576	593
Net Debt	0.00	473	-25	549	573
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-6.93	0.00	-3.68	-4.71
Debt-free Net Working Capital (DFNWC)	0.00	37	0.00	22	15
Net Working Capital (NWC)	0.00	37	0.00	22	15
Net Nonoperating Expense (NNE)	26	1.04	12	22	-4.30
Net Nonoperating Obligations (NNO)	0.00	-280	328	-317	-370
Total Depreciation and Amortization (D&A)	-0.42	-0.36	-0.28	-0.38	-0.13
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-31.60%	0.00%	-7.99%	-10.04%
Debt-free Net Working Capital to Revenue	0.00%	169.94%	0.00%	48.75%	32.76%
Net Working Capital to Revenue	0.00%	169.94%	0.00%	48.75%	32.76%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.74	$0.80	$1.79
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	19.55M	22.00M	25.60M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$2.20	$0.80	$1.79
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	19.55M	22.00M	25.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	19.70M	24.13M	27.52M
Normalized Net Operating Profit after Tax (NOPAT)	62	3.07	8.04	18	25
Normalized NOPAT Margin	79.15%	13.98%	26.15%	39.29%	53.01%
Pre Tax Income Margin	47.65%	8.67%	-7.82%	-4.61%	66.04%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	3.35	1.10	0.00	0.00	0.00
NOPAT to Interest Expense	3.90	0.10	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	3.35	1.10	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	3.90	0.10	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	66.31%	2,637.07%	-745.81%	-1,028.55%	128.91%
Augmented Payout Ratio	66.57%	2,643.75%	-760.31%	-1,035.90%	130.38%

This table displays calculated financial ratios and metrics derived from Stellus Capital Investment's official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	-38.67%	-43.72%	0.00%	0.00%	15.00%	16.93%	-2.91%	-16.77%
EBITDA Growth	-91.42%	-102.57%	0.00%	0.00%	1,987.13%	1,393.32%	276.71%	16.91%
EBIT Growth	-89.96%	-101.69%	0.00%	0.00%	1,670.14%	2,085.27%	281.31%	16.61%
NOPAT Growth	-38.09%	-66.49%	0.00%	0.00%	48.98%	60.78%	29.59%	-30.25%
Net Income Growth	-247.61%	-115.38%	0.00%	0.00%	121.38%	777.49%	267.09%	2.30%
EPS Growth	-56.36%	-15.00%	0.00%	0.00%	125.00%	105.88%	636.36%	-38.00%
Operating Cash Flow Growth	49.08%	0.00%	0.00%	0.00%	113.91%	-15,968.04%	212.19%	-226.15%
Free Cash Flow Firm Growth	0.00%	-66.49%	0.00%	0.00%	202.39%	-126.98%	0.00%	0.00%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	-99.83%	0.00%	0.00%	-108.83%
Revenue Q/Q Growth	0.00%	16.45%	3.76%	12.31%	-15.26%	18.40%	-13.84%	-3.73%
EBITDA Q/Q Growth	0.00%	-176.70%	-1,741.48%	157.20%	158.34%	-52.47%	151.61%	-62.15%
EBIT Q/Q Growth	0.00%	-142.78%	-2,637.98%	158.99%	156.21%	-52.03%	150.06%	-62.06%
NOPAT Q/Q Growth	0.00%	32.71%	5.64%	60.45%	-33.77%	43.23%	-14.86%	-13.65%
Net Income Q/Q Growth	0.00%	92.11%	-1,019.66%	268.19%	-85.61%	150.03%	176.15%	2.97%
EPS Q/Q Growth	0.00%	-29.17%	-164.71%	554.55%	8.00%	-35.19%	68.57%	-47.46%
Operating Cash Flow Q/Q Growth	0.00%	100.26%	-12,783.35%	340.30%	-82.29%	-394.02%	189.68%	-370.20%
Free Cash Flow Firm Q/Q Growth	0.00%	101.36%	-100.00%	0.00%	0.00%	-100.36%	-30.15%	41.53%
Invested Capital Q/Q Growth	0.00%	-100.00%	0.00%	0.00%	-81.81%	1,387.46%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	101.84%	100.00%	100.00%	100.00%	102.28%
EBITDA Margin	4.81%	-3.17%	-56.25%	28.65%	87.35%	35.06%	102.39%	40.25%
Operating Margin	49.39%	56.28%	57.30%	58.56%	54.86%	61.72%	55.23%	50.09%
EBIT Margin	5.68%	-2.09%	-55.05%	28.92%	87.42%	35.42%	102.81%	40.52%
Profit (Net Income) Margin	-79.19%	-5.37%	-57.91%	86.71%	14.72%	31.09%	99.65%	106.59%
Tax Burden Percent	105.11%	257.21%	105.18%	97.85%	81.64%	87.77%	96.93%	95.88%
Interest Burden Percent	-1,326.46%	100.00%	100.00%	306.46%	20.63%	100.00%	100.00%	274.38%
Effective Tax Rate	0.00%	0.00%	0.00%	2.15%	18.36%	12.23%	3.07%	4.12%
Return on Invested Capital (ROIC)	5.14%	0.00%	0.00%	851.24%	12.84%	638.57%	4,786.31%	1,592.88%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.55%	0.00%	0.00%	850.02%	-71.40%	640.37%	4,783.42%	1,591.00%
Return on Net Nonoperating Assets (RNNOA)	-65,961.39%	0.00%	0.00%	-841.78%	-1.76%	-624.91%	-4,769.08%	-1,584.49%
Return on Equity (ROE)	-65,956.25%	0.00%	0.00%	9.46%	11.07%	13.66%	17.22%	8.39%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	11,094.42%	212.70%	404.06%	0.00%	0.00%
Operating Return on Assets (OROA)	0.43%	0.00%	0.00%	2.16%	6.58%	1.85%	5.27%	2.01%
Return on Assets (ROA)	-5.97%	0.00%	0.00%	6.47%	1.11%	1.62%	5.11%	5.29%
Return on Common Equity (ROCE)	-65,956.25%	0.00%	0.00%	9.46%	11.07%	13.66%	17.22%	8.39%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	1.82%	3.06%	7.88%	0.00%
Net Operating Profit after Tax (NOPAT)	3.37	4.47	4.72	7.57	5.01	7.18	6.11	5.28
NOPAT Margin	34.57%	39.40%	40.11%	57.30%	44.79%	54.18%	53.54%	48.02%
Net Nonoperating Expense Percent (NNEP)	6.69%	0.00%	0.00%	1.23%	84.24%	-1.81%	2.88%	1.87%
Return On Investment Capital (ROIC_SIMPLE)	-58.38%	-	-	0.85%	0.54%	0.77%	0.65%	0.55%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	-1.84%	0.00%	0.00%	0.00%	-2.28%
SG&A Expenses to Revenue	12.24%	9.61%	9.26%	13.61%	10.73%	9.21%	10.09%	15.50%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	50.61%	43.72%	42.70%	43.27%	45.14%	38.28%	44.77%	52.19%
Earnings before Interest and Taxes (EBIT)	0.55	-0.24	-6.48	3.82	9.79	4.70	12	4.45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.47	-0.36	-6.62	3.78	9.78	4.65	12	4.43
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	28,514.53	0.00	0.00	0.00	0.00	0.88	0.93	0.99
Price to Tangible Book Value (P/TBV)	28,514.53	0.00	0.00	0.00	0.00	0.88	0.93	0.99
Price to Revenue (P/Rev)	9.04	15.29	0.00	0.00	0.00	6.22	6.92	7.81
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	28.89	11.76	12.55
Dividend Yield	10.99%	11.73%	12.84%	14.24%	0.00%	12.56%	12.24%	11.83%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	3.46%	8.50%	7.97%
Enterprise Value to Invested Capital (EV/IC)	0.61	0.00	0.00	0.00	0.00	102.22	796.54	0.00
Enterprise Value to Revenue (EV/Rev)	8.18	0.00	0.00	0.00	0.00	17.35	17.82	20.02
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	72.57	28.99	30.46
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	71.17	28.85	30.32
Enterprise Value to NOPAT (EV/NOPAT)	26.66	0.00	0.00	0.00	0.00	33.84	32.21	37.78
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	141.73	30.93	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	50.60	0.00	33.26
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	-740.57	0.00	0.00	1.80	1.86	1.69	1.57	1.60
Long-Term Debt to Equity	-740.57	0.00	0.00	1.80	1.86	1.69	1.57	1.60
Financial Leverage	42,451.46	0.00	0.00	-0.99	0.02	-0.98	-1.00	-1.00
Leverage Ratio	41,890.20	0.00	0.00	3.85	3.90	2.73	2.61	2.74
Compound Leverage Factor	-555,657.65	0.00	0.00	11.79	0.80	2.73	2.61	7.51
Debt to Total Capital	100.14%	0.00%	0.00%	64.28%	65.01%	62.81%	61.09%	61.58%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	100.14%	0.00%	0.00%	64.28%	65.01%	62.81%	61.09%	61.58%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-0.14%	0.00%	0.00%	35.72%	34.99%	37.19%	38.91%	38.42%
Debt to EBITDA	0.75	0.00	0.00	-229.96	88.32	49.65	19.06	19.25
Net Debt to EBITDA	2.75	0.00	0.00	-219.38	81.04	46.57	17.73	18.58
Long-Term Debt to EBITDA	0.75	0.00	0.00	-229.96	88.32	49.65	19.06	19.25
Debt to NOPAT	-0.77	0.00	0.00	31.83	27.10	23.15	21.18	23.87
Net Debt to NOPAT	-2.80	0.00	0.00	30.37	24.87	21.72	19.71	23.05
Long-Term Debt to NOPAT	-0.77	0.00	0.00	31.83	27.10	23.15	21.18	23.87
Altman Z-Score	-5.15	0.00	0.00	0.00	0.00	0.40	0.47	0.43
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.00	0.00	4.79	27.30	6.61	14.52	3.27
Quick Ratio	0.00	0.00	0.00	4.42	25.59	6.16	13.78	2.98
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-328	4.47	0.00	0.00	335	-1.21	5.02	8.65
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-41.53	0.00	0.00	0.00	43.17	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	-4.06	0.00	0.00	0.00	0.57	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-4.06	0.00	0.00	0.00	0.57	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.08	0.00	0.00	0.07	0.08	0.05	0.05	0.05
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	695.91
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.52
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	45,199.04	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	0.00	-45,199.04	0.52
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	331	0.00	0.00	3.10	0.56	8.39	1.10	-0.27
Invested Capital Turnover	0.15	0.00	0.00	14.85	0.29	11.79	89.40	33.17
Increase / (Decrease) in Invested Capital	331	0.00	0.00	0.00	-330	8.39	1.10	-3.37
Enterprise Value (EV)	201	0.00	0.00	0.00	0.00	857	875	938
Market Capitalization	222	241	240	0.00	0.00	307	340	366
Book Value per Share	$0.00	$0.00	$0.00	$14.54	$13.41	$14.39	$14.10	$13.67
Tangible Book Value per Share	$0.00	$0.00	$0.00	$14.54	$13.41	$14.39	$14.10	$13.67
Total Capital	-5.76	0.00	0.00	896	924	934	941	963
Total Debt	-5.77	0.00	0.00	576	601	586	575	593
Total Long-Term Debt	-5.77	0.00	0.00	576	601	586	575	593
Net Debt	-21	0.00	0.00	549	552	550	535	573
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	0.00	0.00	-3.68	1.35	-3.23	-0.73	-4.71
Debt-free Net Working Capital (DFNWC)	0.00	0.00	0.00	22	50	33	38	15
Net Working Capital (NWC)	0.00	0.00	0.00	22	50	33	38	15
Net Nonoperating Expense (NNE)	11	5.07	12	-3.89	3.37	3.06	-5.27	-6.44
Net Nonoperating Obligations (NNO)	331	0.00	0.00	-317	-323	-339	-365	-370
Total Depreciation and Amortization (D&A)	-0.08	-0.12	-0.14	-0.03	-0.01	-0.05	-0.05	-0.03
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	-7.99%	2.85%	-6.54%	-1.48%	-10.04%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	48.75%	105.50%	66.04%	77.13%	32.76%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	48.75%	105.50%	66.04%	77.13%	32.76%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.24	$0.00	$0.00	$0.50	$0.54	$0.35	$0.59	$0.31
Adjusted Weighted Average Basic Shares Outstanding	19.78M	0.00	0.00	22.00M	24.13M	24.73M	26.33M	25.60M
Adjusted Diluted Earnings per Share	$0.70	$0.00	$0.00	$0.50	$0.54	$0.35	$0.59	$0.31
Adjusted Weighted Average Diluted Shares Outstanding	19.78M	0.00	0.00	22.00M	24.13M	24.73M	26.33M	25.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	20.84M	0.00	0.00	24.13M	24.13M	25.98M	27.06M	27.52M
Normalized Net Operating Profit after Tax (NOPAT)	3.37	4.47	4.72	7.57	5.01	7.18	6.11	5.28
Normalized NOPAT Margin	34.57%	39.40%	40.11%	57.30%	44.79%	54.18%	53.54%	48.02%
Pre Tax Income Margin	-75.34%	-2.09%	-55.05%	88.62%	18.04%	35.42%	102.81%	111.17%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.07	0.00	0.00	0.00	1.26	0.00	0.00	0.00
NOPAT to Interest Expense	0.43	0.00	0.00	0.00	0.65	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.07	0.00	0.00	0.00	1.26	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.43	0.00	0.00	0.00	0.65	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-166.24%	0.00%	0.00%	-1,028.55%	621.91%	358.91%	137.08%	128.91%
Augmented Payout Ratio	-169.51%	0.00%	0.00%	-1,035.90%	625.06%	361.40%	138.02%	130.38%

Key Financial Trends

Stellus Capital Investment Corp (NYSE: SCM) has shown robust financial performance in 2024 compared to 2023, along with notable trends in revenue, profitability, cash flows, and balance sheet strength over the past four quarters.

Income Statement Highlights:

Operating revenue remained steady in Q4 2024 at approximately $11.0 million, close to Q3 2024's $11.4 million, indicating stable business activity.
Net income attributable to common shareholders increased to $11.7 million in Q4 2024, improving from $11.4 million in Q4 2023 and showing a positive earnings trajectory.
Earnings per share (basic and diluted) in Q4 2024 stood at $0.31 despite a higher weighted share count, indicating decent profitability scalability.
Selling, General & Administrative (SG&A) expenses and other operating expenses have been consistently significant but relatively stable, pointing to controlled operating costs.
Other income/(expense), net shows variability quarter-to-quarter, impacting overall pretax income but is balanced over the year.

Cash Flow Statement Observations:

Net cash from continuing operating activities was negative in Q4 2024 at -$31.8 million, a marked decline from positive operating cash flows in earlier quarters like Q3 2024 ($11.8 million).
Heavy repayments of debt were seen in Q4 2024 (-$46.7 million), along with new debt issuance (around $65.5 million), reflecting active but volatile capital structure management.
Payment of dividends remains consistent, with $0.4 to $0.41 per share quarterly dividend, showing commitment to shareholder returns.
Repurchase of common equity is small but persistent, indicating some capital return strategy.
Significant fluctuations in net cash from financing activities quarter over quarter, suggesting ongoing balance sheet adjustments possibly linked to debt refinancing or opportunistic market actions.

Balance Sheet Trends:

Total assets grew slightly from around $935 million at Q1 2024 to approximately $957 million by Q3 2024, reflecting asset base growth.
Cash and equivalents decreased from $48.8 million in Q1 2024 to $38.6 million in Q3 2024, showing some liquidity consumption, consistent with negative operating cash flows late 2024.
Long-term debt remained high above $570 million throughout 2024, illustrating substantial leverage, though some repayments and issuances have been actively managed.
Total equity improved from around $323 million in Q1 2024 to about $366 million in Q3 2024, supporting an enhancing equity position alongside liabilities.
Current liabilities stayed modest relative to total liabilities, maintaining a manageable short-term obligation level.

Summary: Stellus Capital Investment Corp has maintained steady revenues and improving net income through 2024, supported by stable dividends and shareholder returns. However, the company is currently experiencing negative operating cash flow in the latest quarter and significant financing activities, indicating active balance sheet management. Leverage levels remain elevated, though loans are being repaid alongside new issuances. Investors should weigh the company's profitability improvements against the cash flow volatility and leverage to assess future growth and risk.

08/22/25 03:32 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Stellus Capital Investment's Financials

When does Stellus Capital Investment's fiscal year end?

According to the most recent income statement we have on file, Stellus Capital Investment's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Stellus Capital Investment's net income changed over the last 4 years?

Stellus Capital Investment's net income appears to be on a downward trend, with a most recent value of $29.14 million in 2024, falling from $36.71 million in 2020. The previous period was -$3.45 million in 2023. Find out what analysts predict for Stellus Capital Investment in the coming months.

What is Stellus Capital Investment's operating income?

Stellus Capital Investment's total operating income in 2024 was $26.38 million, based on the following breakdown:

Total Gross Profit: $46.86 million
Total Operating Expenses: $20.48 million

How has Stellus Capital Investment's revenue changed over the last 4 years?

Over the last 4 years, Stellus Capital Investment's total revenue changed from $78.65 million in 2020 to $46.86 million in 2024, a change of -40.4%.

How much debt does Stellus Capital Investment have?

Stellus Capital Investment's total liabilities were at $610.98 million at the end of 2024, a 3.9% increase from 2023, and a 14.0% increase since 2021.

How much cash does Stellus Capital Investment have?

In the past 3 years, Stellus Capital Investment's cash and equivalents has ranged from $20.06 million in 2024 to $48.04 million in 2022, and is currently $20.06 million as of their latest financial filing in 2024.

How has Stellus Capital Investment's book value per share changed over the last 4 years?

Over the last 4 years, Stellus Capital Investment's book value per share changed from 0.00 in 2020 to 13.67 in 2024, a change of 1,367.2%.

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This page (NYSE:SCM) was last updated on 8/22/2025 by MarketBeat.com Staff

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Stellus Capital Investment (SCM) Financials

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Stellus Capital Investment (SCM) Financials

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