← New Mountain Finance Corp
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying Value | — | $58.1m | $71.2m | $70.1m | $80.3m | $80.7m | |
| Interest and dividend receivable | — | — | $36.2m | $44.1m | $42.4m | $38.5m | |
| Receivable from unsettled securities sold | — | — | — | — | $0 | $4.1m | |
| Receivable from affiliates | — | — | $0 | $82k | $213k | $381k | |
| Receivables | — | — | $36.2m | $44.2m | $42.6m | $43.1m | |
| Other assets | — | $11.1m | $9.8m | $16.5m | $19.3m | $17.9m | |
| Additional Financial Items | |||||||
| Investments at fair value | $703.9m | $3.2b | $3.2b | $3.0b | $3.1b | $2.7b | |
| Securities purchased under collateralized agreements to resell (cost of $30,000 and $30,000, respectively) | — | $21.4m | $16.5m | $16.5m | $13.5m | $13.5m | |
| Derivative asset at fair value | — | — | — | — | $0 | $5.6m | |
| Unsecured Notes | $453.2m | $511.5m | $531.5m | $506.5m | $978.5m | $991.6m | |
| Credit facility | — | $545.3m | $849.5m | $741.1m | $322.3m | $501.1m | |
| SBA-guaranteed debentures | $300.0m | $300.0m | $300.0m | $300.0m | $300.0m | $196.2m | |
| 2022 Convertible Notes | — | $201.4m | $316.9m | $260.2m | $260.1m | $0 | |
| Deferred financing costs (net of accumulated amortization of $45,302 and $63,971, respectively) | — | ($19.7m) | ($17.2m) | ($22.4m) | ($24.2m) | ($17.9m) | |
| Net borrowings | — | $1.9b | $2.0b | $1.8b | $1.8b | $1.7b | |
| Payable to broker | — | — | — | $0 | $3.2m | $14.6m | |
| Interest payable | — | $17.4m | $19.6m | $20.4m | $17.1m | $11.9m | |
| Management fee payable | — | $10.2m | $10.5m | $10.1m | $10.5m | $9.2m | |
| Incentive fee payable | — | $0 | $6.3m | $8.6m | $8.6m | $3.0m | |
| Payable for unsettled securities purchased | — | — | — | — | $0 | $463k | |
| Derivative liability at fair value | — | — | — | $0 | $7.4m | $366k | |
| Other liabilities | — | $2.5m | $3.1m | $2.9m | $13.6m | $2.2m | |
| Accumulated overdistributed earnings | ($48.8m) | $47.5m | $7.5m | ($12.3m) | ($13.6m) | ($121.7m) | |
| Non-controlling interest in New Mountain Net Lease Corporation | — | $21.4m | $11.7m | $11.8m | $6.0m | $6.1m | |
| Number of shares outstanding (in shares) | 96.8m | 97.9m | 100.9m | 102.6m | 107.9m | 102.6m | |
| Derivative Product Liabilities | — | — | — | $0 | $7.4m | $366k | |
| Invested Capital | — | — | $3.3b | $3.1b | $3.2b | $2.9b | |
| Investmentin Financial Assets | — | — | $3.2b | $3.0b | $3.1b | $2.7b | |
| Investments And Advances | — | — | $3.2b | $3.0b | $3.1b | $2.7b | |
| Net Debt | — | — | $1.9b | $1.7b | $1.8b | $1.6b | |
| Net Tangible Assets | — | — | $1.3b | $1.3b | $1.4b | $1.2b | |
| Ordinary Shares Number | — | — | $100.9m | $102.6m | $107.9m | $102.6m | |
| Other Payable | — | — | $16.9m | $18.7m | $22.3m | $26.8m | |
| Share Issued | — | — | $100.9m | $102.6m | $107.9m | $107.9m | |
| Tangible Book Value | — | — | $1.3b | $1.3b | $1.4b | $1.2b | |
| Total net assets of New Mountain Finance Corporation | — | $1.3b | $1.3b | $1.3b | $1.4b | $1.2b | |
| Total net assets | $1.2b | $1.3b | $1.3b | $1.3b | $1.4b | $1.2b | |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | — | — | $3.2b | $3.0b | $3.1b | $2.7b | |
| Total Capitalization | — | — | $3.3b | $3.1b | $3.2b | $2.9b | |
| Total Debt | — | — | $2.0b | $1.8b | $1.8b | $1.7b | |
| Assets | — | $3.3b | $3.4b | $3.2b | $3.2b | $2.9b | |
| LIABILITIES AND EQUITY | |||||||
| Accounts Payable | — | — | $19.6m | $20.4m | $17.1m | $12.4m | |
| Deferred Income Tax Liabilities, Net | — | $13k | $8.5m | $0 | $1.4m | $1.8m | |
| Long-term Debt | — | $1.9b | $2.0b | $1.8b | $1.8b | $1.7b | |
| Deferred tax liability | — | $13k | $8.5m | $0 | $1.4m | $1.8m | |
| Long Term Debt And Capital Lease Obligation | — | — | $2.0b | $1.8b | $1.8b | $1.7b | |
| Liabilities | — | $2.0b | $2.0b | $1.8b | $1.9b | $1.7b | |
| Stockholders’ equity: | |||||||
| Preferred Stock, Value, Issued | — | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | — | $979k | $1.0m | $1.0m | $1.1m | $1.1m | |
| Additional Paid in Capital | — | $1.3b | $1.3b | $1.3b | $1.4b | $1.4b | |
| Retained Earnings (Accumulated Deficit) | — | $47.5m | $7.5m | ($12.3m) | ($13.6m) | ($121.7m) | |
| Preferred stock, par value $0.01 per share, 2,000,000 shares authorized, none issued | $12.62 | $13.49 | $13.02 | $12.87 | $12.55 | $11.52 | |
| Paid in capital in excess of par | — | $1.3b | $1.3b | $1.3b | $1.4b | $1.4b | |
| Treasury stock at cost, 5,213,541 and 0 shares held, respectively | — | — | — | — | $0 | ($52.0m) | |
| Capital Stock | — | — | $1.0m | $1.0m | $1.1m | $1.1m | |
| Treasury Stock | — | — | — | — | $0 | $52.0m | |
| Stockholders' Equity Attributable to Parent | — | $1.3b | $1.3b | $1.3b | $1.4b | $1.2b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | $21.4m | $11.7m | $11.8m | $6.0m | $6.1m | |
| Minority Interest | — | — | $11.7m | $11.8m | $6.0m | $6.1m | |
| Total Equity Gross Minority Interest | — | — | $1.3b | $1.3b | $1.4b | $1.2b | |
| Liabilities and Equity | — | $3.3b | $3.4b | $3.2b | $3.2b | $2.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.