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SLR Senior Investment (SLR Senior Investment) Preferred Stock : $0.00 Mil (As of Dec. 2021)


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What is SLR Senior Investment Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. SLR Senior Investment's preferred stock for the quarter that ended in Dec. 2021 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. SLR Senior Investment's Enterprise Value for the quarter that ended in Dec. 2021 was $218.45 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. SLR Senior Investment's Book Value per Share for the quarter that ended in Dec. 2021 was $15.43.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). SLR Senior Investment's Earnings per Share (Diluted) for the three months ended in Dec. 2021 was $0.01.


SLR Senior Investment Preferred Stock Historical Data

The historical data trend for SLR Senior Investment's Preferred Stock 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.

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SLR Senior Investment Preferred Stock Chart

SLR Senior Investment Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Preferred Stock
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SLR Senior Investment Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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SLR Senior Investment Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


SLR Senior Investment  (NAS:SUNS) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

SLR Senior Investment's Enterprise Value for the quarter that ended in Dec. 2021 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

SLR Senior Investment's Book Value per Share for the quarter that ended in Dec. 2021 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

SLR Senior Investment's Earnings per Share (Diluted) (EPS) for the three months ended in Dec. 2021 is calculated as

* 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 Preferred Stock 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

SLR Senior Investment (SLR Senior Investment) Headlines

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