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SLR Senior Investment (SLR Senior Investment) Financial Strength : 4 (As of Dec. 2021)


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What is SLR Senior Investment Financial Strength?

SLR Senior Investment has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate SLR Senior Investment's interest coverage with the available data. SLR Senior Investment's debt to revenue ratio for the quarter that ended in Dec. 2021 was 22.90. Altman Z-Score does not apply to banks and insurance companies.


SLR Senior Investment Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

SLR Senior Investment's Interest Expense for the months ended in Dec. 2021 was $-1.61 Mil. Its Operating Income for the months ended in Dec. 2021 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $159.92 Mil.

SLR Senior Investment's Interest Coverage for the quarter that ended in Dec. 2021 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

SLR Senior Investment's Debt to Revenue Ratio for the quarter that ended in Dec. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 159.919) / 6.984
=22.90

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


SLR Senior Investment  (NAS:SUNS) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

SLR Senior Investment has the Financial Strength Rank of 4.


SLR Senior Investment Financial Strength Related Terms

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SLR Senior Investment (SLR Senior Investment) Business Description

Traded in Other Exchanges
N/A
Address
500 Park Avenue, New York, NY, USA, 10022
SLR Senior Investment Corp is a closed-end investment company that has elected to be treated as a business development company. It invest in senior secured loans of private middle market companies to generate current income that is distributed to shareholders monthly. It collaborates with U.S. middle market businesses across a diversity of industries to deliver customized debt financing solutions.
Executives
Michael S Gross director, officer: See Remarks C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Bruce J Spohler director, officer: See Remarks
Steven Hochberg director 560 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Rs Properties I Llc other: Member of 10% owner group. 40 WALL STREET 23RD FLOOR NEW YORK NY 10005
Jack Silver other: Member of 10% owner group 660 MADISON AVENUE, NEW YORK NY 10021
Richard Peteka officer: CFO, Secretary and Treasurer CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902
Stephen Adams 10 percent owner
Nicholas Radesca officer: CFO & Secretary C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Leonard Potter director C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
David Wachter director W. CAPITAL PARTNERS, ONE EAST 52ND STREET, NEW YORK NY 10022
Guy Talarico officer: Chief Compliance Officer 590 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022