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Portman Ridge Finance (FRA:KJ7A) Debt-to-Asset : 0.58 (As of Dec. 2024)


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What is Portman Ridge Finance Debt-to-Asset?

Portman Ridge Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.00 Mil. Portman Ridge Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €253.21 Mil. Portman Ridge Finance's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was €433.22 Mil. Portman Ridge Finance's debt to asset for the quarter that ended in Dec. 2024 was 0.58.


Portman Ridge Finance Debt-to-Asset Historical Data

The historical data trend for Portman Ridge Finance's Debt-to-Asset 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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Portman Ridge Finance Debt-to-Asset Chart

Portman Ridge Finance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.54 0.60 0.59 0.58

Portman Ridge Finance Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Asset 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 0.59 0.55 0.58 0.57 0.58

Competitive Comparison of Portman Ridge Finance's Debt-to-Asset

For the Asset Management subindustry, Portman Ridge Finance's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Portman Ridge Finance's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Portman Ridge Finance's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Portman Ridge Finance's Debt-to-Asset falls into.


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Portman Ridge Finance Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Portman Ridge Finance's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Portman Ridge Finance's Debt-to-Asset for the quarter that ended in Dec. 2024 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.


Portman Ridge Finance  (FRA:KJ7A) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Portman Ridge Finance Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Portman Ridge Finance's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Portman Ridge Finance Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 3rd Floor, New York, NY, USA, 10022
Portman Ridge Finance Corp Inc is a non-diversified closed-end investment company. The company originates, structures, and invests in secured term loans, bonds or notes, and mezzanine debt primarily in privately-held middle market companies but may also invest in other investments such as loans to publicly traded companies, high-yield bonds, and distressed debt securities. The company's investment objective in the Debt securities portfolio is to generate current income and, to a lesser extent, capital appreciation from the investments in senior secured term loans, mezzanine debt, and selected equity investments in privately-held middle market companies.

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