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SLRC Reports Q2-17

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The consensus projections from Yahoo Finance:

Earnings EstimateCurrent Qtr. (Jun 2017)Next Qtr. (Sep 2017)Current Year (2017)Next Year (2018)No. of Analysts8887Avg. Estimate0.410.431.661.82Low Estimate0.380.421.631.76High Estimate0.440.451.761.86Year Ago EPS0.460.41.681.66

(note - this is the first time a copy from internet explorer failed to format correctly -- the consensus projection was $0.41. Actual NII was $0.38 . .  but this is one of those minority of cases where the analyst projection was NOT an NII projection . . but an EPS projection. Actual EPS was (0.3805 + 0.0640) $0.4445/share. )

My numbers:


     Q2-17      Q1-17      Q4-16      Q3-16      Q2-2016      Q1-2016      Q4-15      Q3-15      Q2-15      Q1-15      Q4-14      Q3-14      Q2-14      Q1-14      Q4-13      Q3-13      Q2-13      Q1-13
Realized & Unrealized Gains 2.704 0.828 0.195 8.615 15.642 11.262 -31.200 -16.903 1.285 -3.491 -4.478 -11.058 0.952 -3.674 x 7.985 -19.269 10.287
Realized & Unrealized Gains/share 0.0640 0.0196 .0046 .2039 .3702 .2665 -.7347 -.3980 .0303 -.0822 -.1054 -.2604 .0223 -.0835 x x x x

Solar Capital      Q2-17      Q1-17      Q4-16      Q3-16      Q2-16      Q1-16      Q4-15      Q3-15      Q2-15      Q1-15      Q4-14      Q3-14      Q2-14      Q1-14      Q4-13
Total investment income 33.888 34.392 36.639 39.798 41.369 34.033 31.497 30.445 27.978 25.630 32.945 28.358 28.004 32.630 35.364
Net investment income 16.079 16.330 17.649 17.004 19.533 16.915 17.000 16.989 15.991 14.390 16.792 16.360 16.132 17.424 18.532
Investments @ fair value 1.219 1.323 1.305 1.362 1.483 1.338 1.313 1.207 1.172 1.043 1.021 1.134 0.984 0.972 1.088
Wt Av Share Count 42.260 42.249 42.249 42.249 42.248 42.248 42.465 42.465 42.465 42.465 42.888 42.465 42.661 43.983 44.244
TII/share $0.8019 $0.8140 $0.8635 $0.9420 $0.9792 $0.8055 $0.7417 $0.7169 $0.6588 $0.6036 $0.7682 $0.6678 $0.6564 $0.7419 $0.7993
NII/share $0.3805 $0.3865 $0.4177 $0.4025 $0.4623 $0.4004 $0.4003 $0.4001 $0.3766 $0.3389 $0.3915 $0.3853 $0.3781 $0.3962 $0.4189
NAV/share $21.79 $21.75 $21.74 $21.72 $21.51 $21.08 $20.79 $21.52 $21.92 $21.91 $22.05 $22.34 $22.44 $22.43 $22.50
Wt Av Yield 10.1% 10.2% 10.0% 10.0% 10.2% 10.3% 10.5% 10.1% 9.9% 10.0% 9.9% 10.3% 10.5% 10.9% 11.3%
NII/TII ratio 47.4% 47.5% 48.2% 42.7% 47.2% 49.7% 55.8% 55.8% 57.2% 56.1% 51.0% 57.7% 57.6% 53.9% 52.5%

Solar Capital      Q2-17      Q1-17      Q4-16      Q3-16      Q2-16      Q1-16      Q4-15      Q3-15      Q2-15      Q1-15      Q4-14      Q3-14      Q2-14      Q1-14
Debt 314.073 372.141 387.314 439.787 569.959 444.432 432.900 298.400 225.000 225.000 225.000 225.000 225.000 225.000
Debt/share 7.4319 8.8083 9.1674 10.4094 13.4908 10.5196 10.1943 7.0270 5.2985 5.2985 5.2462 5.2985 5.2741 5.1156
Debt/share to NAV 34.11% 40.50% 42.17% 47.92% 62.72% 49.90% 49.03% 32.65% 24.17% 24.18% 23.79% 23.72% 23.50% 22.81%
Interest expense 4.957 5.669 5.488 8.519 5.543 5.021 4.493 3.875 3.629 3.601 3.605 3.630 3.621 3.592
Interest expense/share 0.1173 0.1342 0.1289 0.2016 0.1312 0.1188 0.1058 0.0913 0.0855 0.0848 0.0841 0.0855 0.0849 0.0817
Interest expense/TII 14.63% 16.48% 14.98% 21.41% 13.40% 14.75% 14.26% 12.73% 12.97% 14.05% 10.94% 12.80% 12.93% 11.01%
Annualized Int exp/Debt 6.31% 6.09% 5.67% 7.74% .89% 4.52% 4.15% 5.19% 6.45% 6.40% 6.41% 6.45% 6.44% 6.39%
PWAY - Int exp/Debt 379 bps 411 bps 433 bps x 631 bps 578 bps 635 bps 491 bps 345 bps 360 bps 349 bps 385 bps 406 bps 451 bps

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