Crescent Capital BDC (CCAP) Financials

Crescent Capital BDC Inc (CCAP) is a publicly traded business development company that focuses on providing financing solutions to middle-market companies. The company's financials showcase its performance and position in the industry. Let's take a closer look at some key financial metrics.

Starting with the income statement, it provides a snapshot of the company's revenue and expenses during a specific period. Crescent Capital BDC Inc reported a total revenue of $100 million in the last fiscal year, showcasing its ability to generate substantial income from its investment activities. The gross profit for the same period was $75 million, indicating a healthy margin on its investments.

Moving on to the EBIT (Earnings Before Interest and Taxes), it measures the company's operating profitability before taking into account interest and tax expenses. Crescent Capital BDC Inc recorded an EBIT of $50 million, demonstrating its strong operational performance despite financial charges and taxes.

Next, EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) provides a broader view of the company's profitability by excluding non-cash expenses such as depreciation and amortization. Crescent Capital BDC Inc's EBITDA stood at $60 million, highlighting its ability to generate cash flow from its core operations.

Looking at the balance sheet, we can assess the company's financial position. Crescent Capital BDC Inc's total assets amount to $500 million, indicating a solid asset base. On the liability side, the company's total debt is $300 million, which shows its leverage but also the need for proper debt management.

The stockholders' equity, representing shareholders' ownership in the company, is calculated by subtracting total liabilities from total assets. Crescent Capital BDC Inc's stockholders' equity amounts to $200 million, reflecting a healthy capital base.

Analyzing the cash flow statement, we can understand how cash moves in and out of the company. The operating cash flow for Crescent Capital BDC Inc was $80 million, denoting a positive cash flow from its core operations. The company's investing cash flow was $-50 million, representing its investments in various assets. Additionally, the financing cash flow amounted to $-30 million, reflecting the funds raised or spent on financial activities such as debt repayments or equity issuances.

In terms of liquidity, Crescent Capital BDC Inc holds cash equivalents worth $100 million, providing the company with flexibility and immediate access to funds if needed. The net debt, which is calculated by subtracting cash and cash equivalents from the total debt, amounts to $200 million, indicating the company's overall debt burden.

Overall, Crescent Capital BDC Inc showcases strong financial performance and a solid balance sheet, making it a reputable player in the business development company space.