solar capital ltd., a maryland corporation formed in november 2007, is a closed-end, externally managed, non-diversified management investment company that has elected to be treated as a business development company (“bdc”) under the investment company act of 1940, as amended. in addition, for tax purposes the company intends to be treated as a regulated investment company (“ric”) under subchapter m of the internal revenue code of 1986, as amended.
Company profile
Ticker
SLRC
Exchange
Website
CEO
Michael Stuart Gross
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
Solar Capital Ltd.
SEC CIK
Corporate docs
Subsidiaries
NEFCORP LLC • NEFPASS LLC • ESP SSC Corporation • SUNS SPV LLC ...
IRS number
261381340
SLRC stock data
Latest filings (excl ownership)
8-K
Stable NAV and Strong Portfolio Credit Quality
27 Feb 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
16 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Stable NAV and Strong Portfolio Credit Quality
7 Nov 23
DEFA14A
Additional proxy soliciting materials
4 Oct 23
DEF 14A
Definitive proxy
4 Oct 23
8-K
SLR Investment Corp. Announces Monthly Distribution for September 2023
5 Sep 23
8-K
Entry into a Material Definitive Agreement
30 Aug 23
8-K
Departure of Directors or Certain Officers
28 Aug 23
Transcripts
SLRC
Earnings call transcript
2023 Q3
8 Nov 23
SLRC
Earnings call transcript
2023 Q2
9 Aug 23
SLRC
Earnings call transcript
2023 Q1
11 May 23
SLRC
Earnings call transcript
2022 Q4
1 Mar 23
SLRC
Earnings call transcript
2022 Q3
3 Nov 22
SLRC
Earnings call transcript
2022 Q2
3 Aug 22
SLRC
Earnings call transcript
2022 Q1
4 May 22
SLRC
Earnings call transcript
2021 Q4
2 Mar 22
SLRC
Earnings call transcript
2021 Q3
4 Nov 21
SLRC
Earnings call transcript
2021 Q2
4 Aug 21
Latest ownership filings
4
BRUCE J SPOHLER
15 Mar 24
4
MICHAEL S GROSS
15 Mar 24
4
Shiraz Kajee
15 Mar 24
SC 13D/A
GROSS MICHAEL S
8 Mar 24
4
MICHAEL S GROSS
8 Mar 24
4
BRUCE J SPOHLER
8 Mar 24
4
MICHAEL S GROSS
6 Mar 24
4
BRUCE J SPOHLER
6 Mar 24
SC 13G
THORNBURG INVESTMENT MANAGEMENT INC
9 Feb 24
4
MICHAEL S GROSS
7 Sep 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 342.82 mm | 342.82 mm | 342.82 mm | 342.82 mm | 342.82 mm | 342.82 mm |
Cash burn (monthly) | 1.60 mm | (no burn) | 6.13 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 11.05 mm | n/a | 42.26 mm | n/a | n/a | n/a |
Cash remaining | 331.78 mm | n/a | 300.57 mm | n/a | n/a | n/a |
Runway (months of cash) | 207.1 | n/a | 49.1 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
31.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 99 |
Opened positions | 11 |
Closed positions | 17 |
Increased positions | 31 |
Reduced positions | 32 |
13F shares | Current |
---|---|
Total value | 223.72 bn |
Total shares | 16.92 mm |
Total puts | 12.80 k |
Total calls | 61.50 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Thornburg Investment Management | 4.34 mm | $66.53 bn |
Aristotle Capital Boston | 1.64 mm | $25.17 bn |
Ares Management | 1.37 mm | $21.11 bn |
JPM JPMorgan Chase & Co. | 1.36 mm | $20.93 bn |
Gross Michael S | 1.29 mm | $23.37 mm |
Van Eck Associates | 768.48 k | $11.83 mm |
IVZ Invesco | 689.10 k | $10.61 bn |
LGEN Legal & General | 398.05 k | $6.13 bn |
SEIC SEI Investments | 349.84 k | $5.38 bn |
Advisor | 276.78 k | $4.26 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 24 | Bruce J Spohler | Common Stock | Grant | Acquire A | Yes | No | 0 | 202,577.385 | 0.00 | 3,643,136 |
13 Mar 24 | Bruce J Spohler | Common Stock | Option exercise | Dispose M | Yes | No | 0 | 202,577.385 | 0.00 | 3,440,558.615 |
13 Mar 24 | Bruce J Spohler | RSU Common Stock | Grant | Dispose A | Yes | No | 0 | 405,313.385 | 0.00 | 405,313.385 |
13 Mar 24 | Bruce J Spohler | RSU Common Stock | Option exercise | Dispose M | Yes | No | 0 | 202,577.385 | 0.00 | 138,471.22 |
13 Mar 24 | Gross Michael S | Common Stock | Grant | Acquire A | Yes | No | 0 | 202,577.385 | 0.00 | 3,804,860 |
13 Mar 24 | Gross Michael S | Common Stock | Option exercise | Dispose M | Yes | No | 0 | 202,577.385 | 0.00 | 3,602,282.615 |
13 Mar 24 | Gross Michael S | RSU Common Stock | Grant | Dispose A | Yes | No | 0 | 405,313.385 | 0.00 | 405,313.385 |
13 Mar 24 | Gross Michael S | RSU Common Stock | Option exercise | Dispose M | Yes | No | 0 | 202,577.385 | 0.00 | 138,471.22 |
13 Mar 24 | Shiraz Kajee | RSU Common Stock | Grant | Acquire A | No | No | 0 | 11,564.57 | 0.00 | 11,564.57 |
8 Mar 24 | Bruce J Spohler | Common Stock | Buy | Acquire P | Yes | No | 15.74 | 22,636 | 356.29 k | 3,643,136 |
News
B. Riley Securities Maintains Neutral on SLR Inv, Raises Price Target to $16
29 Feb 24
JP Morgan Maintains Neutral on SLR Inv, Lowers Price Target to $15
29 Feb 24
Recap: SLR Inv Q4 Earnings
27 Feb 24
SLR Inv Q4 2023 GAAP EPS $0.44 Beats $0.43 Estimate, Sales $59.79M Beat $59.51M Estimate
27 Feb 24
Earnings Scheduled For February 27, 2024
27 Feb 24