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Alcentra Capital Corp. Reports Q4/15

|Includes: Alcentra Capital Corporation (ABDC)

ABDC Reports NII of $0.3351/share compared to a Dividend of $0.34 PRNewswire 03-09-16
What They Earned Alcentra Capital Corp. announced Q4-15 total operating income $8.677 million ($0.6419/share) and net investment income of $4.530 million ($0.3351/share). Q4-15 had Net realized and unrealized depreciation on investments of $6.578 million, resulting in a Net Increase in net assets resulting from operations of - $2.048 million (- $0.1515/share). NAV was $14.43 compared to $14.92 last quarter. ABDC IPOed on 5-09-14 at $15.00. ABDC has paid a dividend of $0.34/quarter since Q2-14.

The consensus analyst projections for Yahoo Finance:

Earnings Est Current Qtr.
Dec 15
Next Qtr.
Mar 16
Current Year
Dec 15
Next Year
Dec 16
Avg. Estimate 0.35 0.34 1.44 1.42
No. of Analysts 4.00 4.00 4.00 4.00
Low Estimate 0.32 0.31 1.42 1.35
High Estimate 0.36 0.37 1.46 1.50
Year Ago EPS 0.34 0.37 0.86 1.44
Revenue Est Current Qtr.
Dec 15
Next Qtr.
Mar 16
Current Year
Dec 15
Next Year
Dec 16
Avg. Estimate 8.90M 8.95M 34.16M 38.03M
No. of Analysts 4 4 4 4
Low Estimate 8.80M 8.70M 34.04M 36.30M
High Estimate 9.00M 9.26M 34.30M 39.89M
Year Ago Sales 6.67M 8.22M 16.17M 34.16M

My ABDC spreadsheet:

  Q4-15 Q3-15 Q2-15 Q1-15 Q4-14 Q3-14 Q2-14 Q1-14 Q4-13

Total investment income 8.677 8.507 8.507 8.225 6.670 5.861 3.635 3.995 3.436
Net investment income 4.530 5.142 4.649 4.977 4.551 4.596 2.455 3.176 2.315
Investments @ fair value 0.296 0.289 0.285 0.267 0.259 0.214 0.200    
Wt Av Share Count 13.517 13.517 13.517 13.517 13.517 13.517 13.517    
TII/share $0.6419 $0.6294 $0.6293 $0.6085 $0.49 $0.43 $0.27    
NII/share $0.3351 $0.3804 $0.3439 $0.3682 $0.34 $0.34 $0.18    
NAV/share $14.43 $14.92 $15.03 $14.90 $14.87 $15.00 $14.76    
Wt Av Yield 12.4% 12.2% 12.1% 12.0% 11.9% 11.7% 11.9% 12.2% 12.2%
Port Leverage 3.72x 3.70x 3.38x 3.50x 3.31x 3.30x 3.51x 3.58x 3.60x

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.