← Stellus Capital Investment Corp
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
| Net Income From Continuing Operations | — | — | $33.6m | $14.5m | $17.5m | $45.8m | $27.0m | $23.7m | |
| Amortization of Debt Issuance Costs | — | — | $444k | $447k | $447k | $448k | $692k | — | |
| Net change in unrealized depreciation (appreciation) on investments | — | ($8.6m) | $6.9m | $17.5m | ($2.8m) | ($19.6m) | $11.1m | — | |
| Net change in unrealized (appreciation) depreciation on foreign currency translations | — | — | — | ($6k) | $6k | $15k | ($33k) | — | |
| Amortization of premium and accretion of discount, net | — | — | — | — | ($2.7m) | ($2.7m) | ($2.9m) | — | |
| Amortization of loan structure fees | — | $648k | $519k | $567k | $657k | $1.1m | $1.2m | — | |
| Amortization of deferred financing costs | — | $333k | $444k | $447k | $447k | $448k | $692k | — | |
| Amortization of discount on Notes Payable | — | ($2.1m) | ($2.4m) | ($2.5m) | ($2.7m) | ($2.7m) | $96k | — | |
| Amortization of loan fees on SBA-guaranteed debentures | — | $701k | $1.1m | $1.2m | $1.3m | $979k | $732k | — | |
| Deferred Income Tax Expense (Benefit) | — | — | ($511k) | $213k | $127k | ($189k) | $0 | — | |
| Deferred tax (benefit) provision | — | $225k | ($511k) | $213k | $127k | ($189k) | $0 | — | |
| Change In Working Capital | — | — | — | $230k | ($8.5m) | $2.3m | ($902k) | $7.4m | |
| Decrease (increase) in other receivables | — | — | ($29k) | $21k | ($9k) | ($45k) | $3k | — | |
| Decrease (increase) in related party receivables | — | — | — | — | — | ($4k) | $4k | — | |
| Change In Receivables | — | — | — | ($1.0m) | ($2.5m) | $173k | ($1.5m) | $2.0m | |
| Increase in unearned revenue | — | ($36k) | $6k | ($209k) | $77k | $151k | $33k | — | |
| (Decrease) increase in other accrued expenses and liabilities | — | ($29k) | $164k | $137k | ($197k) | $659k | ($565k) | — | |
| Change In Accrued Expense | — | — | — | $137k | ($197k) | $659k | ($565k) | ($1.2m) | |
| Change In Other Current Liabilities | — | — | — | ($209k) | $77k | $151k | $33k | ($81k) | |
| Net Cash Provided by (Used in) Operating Activities | — | ($3.5m) |
($76.1m)
-2082.10%
|
($56.3m)
+26.04%
|
($17.3m)
+69.33%
|
($28.6m)
-65.93%
|
($24.4m)
+14.66%
|
— | |
| Unrealized Gain (Loss) on Investments | — | — | ($6.9m) | ($17.5m) | $2.8m | $19.6m | ($11.1m) | — | |
| Increase in investments due to payment-in-kind income | — | — | ($939k) | ($1.4m) | ($3.8m) | ($3.3m) | ($5.8m) | — | |
| Net realized (gain) loss on investments | — | $10.1m | ($23.7m) | ($3.7m) | $30.2m | $15.7m | ($1.5m) | — | |
| Exchange of investments | — | — | — | — | $3.6m | $8.3m | $1.7m | — | |
| Purchases of investments | — | — | ($387.3m) | ($211.0m) | ($183.9m) | ($221.2m) | ($194.1m) | — | |
| Proceeds from sales and repayments of investments | — | — | $287.6m | $127.5m | $134.2m | $151.8m | $139.7m | — | |
| Cash flows from financing activities: | |||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | ($539k) | — | — | — | ($226k) | — | |
| Loss on debt extinguishment | — | — | $539k | — | — | — | $226k | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | ($6.9m) | ($17.5m) | $3.2m | $18.7m | — | — | |
| Borrowings under Credit Facility | — | $121.0m | $268.7m | $149.9m | $108.4m | $187.9m | $300.6m | — | |
| Proceeds from Issuance of Long-term Debt | — | — | $73.5m | $63.6m | $11.4m | — | — | $415.8m | |
| Issuance Of Debt | — | — | — | $213.5m | $119.8m | $187.9m | $425.4m | $415.8m | |
| Long Term Debt Issuance | — | — | — | $213.5m | $119.8m | $187.9m | $425.4m | $415.8m | |
| Net Issuance Payments Of Debt | — | — | — | $86.9m | ($28.3m) | $15.5m | $59.2m | ($4.5m) | |
| Net Long Term Debt Issuance | — | — | — | $86.9m | ($28.3m) | $15.5m | $59.2m | ($4.5m) | |
| Repayments of Long-term Debt | — | — | — | — | — | — | $26.0m | ($420.3m) | |
| Long Term Debt Payments | — | — | — | ($126.6m) | ($148.1m) | ($172.4m) | ($366.2m) | ($420.3m) | |
| Repayment Of Debt | — | — | — | ($126.6m) | ($148.1m) | ($172.4m) | ($366.2m) | ($420.3m) | |
| Issuance Of Capital Stock | — | — | — | $2.2m | $63.3m | $46.5m | $20.6m | $11.3m | |
| Repurchase Of Capital Stock | — | — | $0 | $0 | — | — | — | $0 | |
| Proceeds from Issuance of Common Stock | — | — | $450k | $2.2m | $63.3m | $46.5m | $20.6m | $11.3m | |
| Proceeds from the issuance of common stock | — | $4.8m | $450k | $2.2m | $63.3m | $46.5m | $20.6m | — | |
| Sales load for common stock issued | — | ($18k) | ($2k) | ($31k) | ($943k) | ($698k) | ($309k) | — | |
| Offering costs paid for common stock issued | — | ($96k) | ($53k) | ($517k) | ($254k) | ($428k) | ($607k) | — | |
| Common Stock Issuance | — | — | — | $2.2m | $63.3m | $46.5m | $20.6m | $11.3m | |
| Common Stock Payments | — | — | $0 | $0 | — | — | — | $0 | |
| Common Stock Dividend Paid | — | — | — | ($26.6m) | ($35.5m) | ($37.6m) | ($45.3m) | ($44.7m) | |
| Dividends paid | — | — | $21 | $27 | $36 | $38 | $45 | ($44.7m) | |
| Cash Dividends Paid | — | — | — | ($26.6m) | ($35.5m) | ($37.6m) | ($45.3m) | ($44.7m) | |
| Net Other Financing Charges | — | — | — | ($31k) | ($943k) | ($698k) | ($309k) | ($170k) | |
| Net Cash Provided (Used) by Financing Activities | — | $5.8m |
$101.8m
+1645.58%
|
$60.2m
-40.91%
|
($4.7m)
-107.73%
|
$22.6m
+585.36%
|
$29.4m
+30.38%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | — | — | $101.8m |
$60.2m
-40.91%
|
($4.7m)
-107.73%
|
$22.6m
+585.36%
|
$29.4m
+30.38%
|
— | |
| Net Increase (Decrease) in Cash and Cash Equivalents | — | $2.3m | $25.7m | $3.9m | ($21.9m) | ($6.1m) | $5.0m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $25.7m | $3.9m | ($21.9m) | ($6.1m) | $5.0m | $3.4m | |
| Beginning Cash Position | — | — | — | $44.2m | $48.0m | $26.1m | $20.1m | $10.9m | |
| Cash and Cash Equivalents Balance at Beginning of Period | $16.1m | $18.5m | $44.2m | $48.0m | $26.1m | $20.1m | $25.1m | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Income Tax Expense (Benefit) | — | — | $1.1m | $1.2m | $1.3m | $1.8m | $1.6m | — | |
| Additional Financial Items | |||||||||
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | ($6k) | ($112k) | ($95k) | ($69k) | — | |
| General and Administrative Expense | — | — | $1.8m | $1.8m | $1.9m | $1.9m | $2.1m | — | |
| Investment Company Distribution Ordinary Income | — | — | — | — | $35.1m | — | — | — | |
| Operating Expenses | — | — | $43.9m | $46.5m | $63.9m | $64.6m | $68.6m | — | |
| Realized Investment Gains (Losses) | — | — | $23.7m | $3.7m | ($30.2m) | ($15.7m) | — | — | |
| Net increase in net assets resulting from operations | — | $20.2m | $33.6m | $14.5m | $17.5m | $45.8m | $27.0m | — | |
| Increase in interest receivable | — | $725k | ($755k) | ($1.0m) | ($898k) | ($65k) | ($1.4m) | — | |
| (Increase) decrease in income tax receivable | — | — | — | — | ($1.6m) | $287k | ($83k) | — | |
| Decrease (increase) in prepaid expenses | — | ($119k) | ($25k) | ($155k) | $61k | ($60k) | $516k | — | |
| Increase (decrease) in management fees payable | — | $130k | $629k | $3.7m | ($4.2m) | $1.1m | $409k | — | |
| (Decrease) increase in income incentive fees payable | — | ($937k) | $1.1m | $715k | $421k | $224k | ($792k) | — | |
| Decrease in capital gains incentive fees payable | — | ($360k) | $2.9m | ($2.8m) | ($570k) | — | — | — | |
| Increase (decrease) in administrative services payable | — | ($22k) | ($5k) | ($29k) | $45k | ($9k) | $146k | — | |
| Increase in interest payable | — | ($178k) | $1.5m | $947k | $600k | $40k | $857k | — | |
| Decrease in related party payable | — | — | — | $1.1m | ($1.1m) | — | — | — | |
| Decrease in income tax payable | — | ($192k) | $2.5m | ($2.1m) | ($1.2m) | — | — | — | |
| Stockholder distributions paid | — | ($24.3m) | ($21.0m) | ($26.6m) | ($35.5m) | ($37.6m) | ($45.3m) | — | |
| Proceeds from issuance of Notes Payable | — | — | $100.0m | — | — | — | $124.9m | — | |
| Repayment of Notes Payable | — | — | ($48.9m) | — | — | — | ($100.1m) | — | |
| Financing costs paid on Notes Payable | — | — | ($2.2m) | — | — | — | ($2.6m) | — | |
| Repayments of SBA-guaranteed debentures | — | — | — | — | ($11.4m) | — | ($26.0m) | — | |
| Financing costs paid on SBA-guaranteed debentures | — | ($577k) | ($3.1m) | ($1.5m) | ($278k) | — | — | — | |
| Financing costs paid on Credit Facility | — | ($1.9m) | ($136k) | ($194k) | ($2.7m) | ($691k) | ($1.6m) | — | |
| Repayments of Credit Facility | — | ($108.5m) | ($265.4m) | ($126.6m) | ($148.1m) | ($172.4m) | ($240.1m) | — | |
| Change In Payable | — | — | — | $1.5m | ($6.0m) | $1.4m | $619k | $6.7m | |
| Change In Prepaid Assets | — | — | — | ($155k) | $61k | ($60k) | $516k | $2k | |
| Changes In Cash | — | — | — | $3.9m | ($21.9m) | ($6.1m) | $5.0m | ($7.5m) | |
| End Cash Position | — | — | — | $48.0m | $26.1m | $20.1m | $25.1m | $3.4m | |
| Financing Cash Flow | — | — | — | $60.2m |
($4.7m)
-107.73%
|
$22.6m
+585.36%
|
$29.4m
+30.38%
|
($42.8m)
-245.34%
|
|
| Free Cash Flow | — | — | — | ($56.3m) | ($17.3m) | ($28.6m) | ($24.4m) | $35.3m | |
| Gain Loss On Investment Securities | — | — | — | ($70.9m) | ($26.0m) | ($76.5m) | ($50.6m) | $4.2m | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | ($6k) | $6k | $15k | ($33k) | $23k | |
| Other Non Cash Items | — | — | — | ($64k) | ($263k) | ($338k) | $38k | — | |
| Supplemental disclosure of cash flow information: | |||||||||
| Change In Cash Supplemental As Reported | — | — | — | $3.9m | ($21.9m) | ($6.1m) | $5.0m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $14.4m | $15.1m | $21.3m | $29.1m | $28.9m | $31.4m | — | |
| Interest Income Operating Paid In Kind | — | $14.4m | $15.1m | $21.3m | $3.8m | $3.3m | $5.8m | — | |
| Income Taxes Paid, Net | — | $940k | $1.4m | $3.3m | $2.5m | $1.8m | $1.7m | — |