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BlackRock TCP Capital (BlackRock TCP Capital) Market Cap : $863.62 Mil (As of Apr. 27, 2024)


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What is BlackRock TCP Capital Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). BlackRock TCP Capital's share price for the quarter that ended in Dec. 2023 was $11.54. BlackRock TCP Capital's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 57.77 Mil. Therefore, BlackRock TCP Capital's market cap for the quarter that ended in Dec. 2023 was $666.63 Mil.

BlackRock TCP Capital's quarterly market cap increased from Jun. 2023 ($630.24 Mil) to Sep. 2023 ($678.19 Mil) but then declined from Sep. 2023 ($678.19 Mil) to Dec. 2023 ($666.63 Mil).

BlackRock TCP Capital's annual market cap declined from Dec. 2021 ($780.44 Mil) to Dec. 2022 ($747.51 Mil) and declined from Dec. 2022 ($747.51 Mil) to Dec. 2023 ($666.63 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. BlackRock TCP Capital's Enterprise Value for Today is $1,736.58 Mil.


BlackRock TCP Capital Market Cap Historical Data

The historical data trend for BlackRock TCP Capital's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock TCP Capital Market Cap Chart

BlackRock TCP Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 825.67 649.30 780.44 747.51 666.63

BlackRock TCP Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 747.51 595.00 630.24 678.19 666.63

Competitive Comparison of BlackRock TCP Capital's Market Cap

For the Asset Management subindustry, BlackRock TCP Capital's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackRock TCP Capital's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock TCP Capital's Market Cap distribution charts can be found below:

* The bar in red indicates where BlackRock TCP Capital's Market Cap falls into.



BlackRock TCP Capital Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

BlackRock TCP Capital's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$11.54*57.7673
=$666.63

BlackRock TCP Capital's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$11.54*57.7673
=$666.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BlackRock TCP Capital  (NAS:TCPC) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


BlackRock TCP Capital Market Cap Related Terms

Thank you for viewing the detailed overview of BlackRock TCP Capital's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock TCP Capital (BlackRock TCP Capital) Business Description

Traded in Other Exchanges
Address
2951 28th Street, Suite 1000, Santa Monica, CA, USA, 90405
BlackRock TCP Capital Corp is an externally-managed specialty finance company focused on middle-market lending. Its investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It seeks to achieve our investment objective primarily through investments in debt securities of middle-market companies. The group generates returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights or direct equity investments.
Executives
Karen L Leets director 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Rajneesh Vig officer: Authorized Person, other: Officer of Advisor C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA X1 90405
Karyn Leigh Williams director C/O TENNENBAUM CAPITAL PARTNERS, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Erik L. Cuellar officer: Chief Financial Officer 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Andrea Petro director C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FL., NEW YORK NY 10020
Philip M Tseng officer: Chief Operating Officer C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Charles Park officer: CCO 55 EAST 52ND STREET, NEW YORK NY 10055
Howard Levkowitz director, officer: Chairman & CEO C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Kathleen A Corbet director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul L Davis officer: Chief Compliance Officer, other: Officer of Investment Adviser TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, STE 1000, SANTA MONICA CA 90405
Brian F Wruble director TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Leitner officer: Authorized Person, other: Officer of Adviser C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH ST., SUITE 1000, SANTA MONICA CA 90405
Eric John Draut director 340 EAST RANDOLPH, SUITE 3101, CHICAGO IL 60601
Mark Holdsworth officer: Authorized Person, other: Officer of Investment Adviser 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
M. Freddie Reiss director 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405

BlackRock TCP Capital (BlackRock TCP Capital) Headlines

From GuruFocus

BlackRock TCP Capital Corp. Prices $175,000,000 of 2.850% Notes Due 2026

By Business Wire Business Wire 02-03-2021

Blackrock Tcp Capital Corp (TCPC) CEO Rajneesh Vig Bought $100,350 of Shares

By GuruFocus Research GuruFocus Editor 12-02-2021