Silver Spike Investment Corp
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $10.13
- Today's High:
- $10.466
- Open Price:
- $10.15
- 52W Low:
- $7.52
- 52W High:
- $10.74
- Prev. Close:
- $10.25
- Volume:
- 24966
Company Statistics
- Market Cap.:
- $60.90 million
- Book Value:
- 14.489
- Revenue TTM:
- $9.91 million
- Operating Margin TTM:
- 63.56%
- Gross Profit TTM:
- $5.38 million
- Profit Margin:
- 61.9%
- Return on Assets TTM:
- -0.82%
- Return on Equity TTM:
- -1.34%
Company Profile
Silver Spike Investment Corp had its IPO on 2022-02-04 under the ticker symbol SSIC.
The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Silver Spike Investment Corp has a staff strength of 0 employees.
Stock update
Shares of Silver Spike Investment Corp opened at $10.15 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $10.13 - $10.47, and closed at $10.37.
This is a +1.12% increase from the previous day's closing price.
A total volume of 24,966 shares were traded at the close of the day’s session.
In the last one week, shares of Silver Spike Investment Corp have increased by +5.23%.
Silver Spike Investment Corp's Key Ratios
Silver Spike Investment Corp has a market cap of $60.90 million, indicating a price to book ratio of 0.748 and a price to sales ratio of 31.8473.
In the last 12-months Silver Spike Investment Corp’s revenue was $9.91 million with a gross profit of $5.38 million and an EBITDA of $0. The EBITDA ratio measures Silver Spike Investment Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Silver Spike Investment Corp’s operating margin was 63.56% while its return on assets stood at -0.82% with a return of equity of -1.34%.
In Q2, Silver Spike Investment Corp’s quarterly earnings growth was a positive 472.1% while revenue growth was a positive 257.4%.
Silver Spike Investment Corp’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-0.54 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Silver Spike Investment Corp’s profitability.
Silver Spike Investment Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 31.8473.
Silver Spike Investment Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 64.95%.
Balance sheet and cash flow metrics
- Total Assets
- $91.34 million
- Total Liabilities
- $376980.00
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 64.95%
Silver Spike Investment Corp ended 2024 with $91.34 million in total assets and $0 in total liabilities. Its intangible assets were valued at $91.34 million while shareholder equity stood at $90.04 million.
Silver Spike Investment Corp ended 2024 with $0 in deferred long-term liabilities, $376980.00 in other current liabilities, 62147.00 in common stock, $4.94 million in retained earnings and $0 in goodwill. Its cash balance stood at $32.90 million and cash and short-term investments were $32.90 billion. The company’s total short-term debt was $0 while long-term debt stood at $0.
Silver Spike Investment Corp’s total current assets stands at $33.49 billion while long-term investments were $57.67 million and short-term investments were $32.86 billion. Its net receivables were $591368.00 compared to accounts payable of $376980.00 and inventory worth $0.
In 2024, Silver Spike Investment Corp's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Silver Spike Investment Corp paid $0.65 in dividends in 2024.
Other key metrics
- Current Trading Price
- $10.37
- 52-Week High
- $10.74
- 52-Week Low
- $7.52
- Analyst Target Price
- $11.4
Silver Spike Investment Corp stock is currently trading at $10.37 per share. It touched a 52-week high of $10.74 and a 52-week low of $10.74. Analysts tracking the stock have a 12-month average target price of $11.4.
Its 50-day moving average was $8.97 and 200-day moving average was $9.04 The short ratio stood at 0.12 indicating a short percent outstanding of 0%.
Around 43.8% of the company’s stock are held by insiders while 7791.9% are held by institutions.
Frequently Asked Questions About Silver Spike Investment Corp
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About
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 in 2021 and is based in New York, New York.