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ICMB (Investcorp Credit Management BDC) Net Cash per Share : $-8.43 (As of Sep. 2024)


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What is Investcorp Credit Management BDC Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Investcorp Credit Management BDC's Net Cash per Share for the quarter that ended in Sep. 2024 was $-8.43.

The historical rank and industry rank for Investcorp Credit Management BDC's Net Cash per Share or its related term are showing as below:

ICMB's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 8.415
* Ranked among companies with meaningful Price-to-Net-Cash only.

Investcorp Credit Management BDC Net Cash per Share Historical Data

The historical data trend for Investcorp Credit Management BDC's Net Cash per Share 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.

Investcorp Credit Management BDC Net Cash per Share Chart

Investcorp Credit Management BDC Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.52 -11.89 -10.45 -9.94 -8.13

Investcorp Credit Management BDC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Cash per Share 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 -10.83 -9.89 -8.90 -8.13 -8.43

Competitive Comparison of Investcorp Credit Management BDC's Net Cash per Share

For the Asset Management subindustry, Investcorp Credit Management BDC's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Investcorp Credit Management BDC's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investcorp Credit Management BDC's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Investcorp Credit Management BDC's Price-to-Net-Cash falls into.



Investcorp Credit Management BDC Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Investcorp Credit Management BDC's Net Cash per Share for the fiscal year that ended in Jun. 2024 is calculated as

Net Cash per Share (A: Jun. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.159+0-117.228-0)/14.4038
=-8.13

Investcorp Credit Management BDC's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.749+0-123.129-0)/14.4038
=-8.43

* 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.


Investcorp Credit Management BDC  (NAS:ICMB) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Investcorp Credit Management BDC Net Cash per Share Related Terms

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Investcorp Credit Management BDC Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, 39th Floor, New York, NY, USA, 10017
Investcorp Credit Management BDC Inc is an externally managed, non-diversified closed-end management investment firm that has elected to be regulated as a business development company (BDC). Its investment objective is to maximize total return to stockholders in the form of current income and capital appreciation by investing in debt and related equity of privately held lower middle-market companies. The company principally invests in the debt of middle-market companies, which it defines as those companies that have an enterprise value.
Executives
Suhail A. Shaikh officer: President C/O ALCENTRA CAPITAL CORPORATION, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Cyrus Capital Partners, L.p. 10 percent owner 65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Rocco Delguercio officer: CFO, CCO & Treasurer CREDIT SUISSE ASSET MANAGEMENT LLC, ONE MADISON AVENUE, NEW YORK NY 10010
Investcorp Bdc Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, ELGIN AVENUE, GEORGE TOWN E9 GRAND CAYM
Cyrus Capital Partners Gp, Llc 10 percent owner 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Stephen C Freidheim 10 percent owner C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Lee Michael Shaiman director C/O INVESTCORP CREDIT MANAGEMENT BDC INC, 280 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10017
Keith Lee director 399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Michael Mauer director, officer: Chief Executive Officer C/O ICAHN CAPITAL LP, 767 FIFTH AVE., SUITE 4700, NEW YORK NY 10153
Thomas J Sullivan director C/O SPIRIT REALTY CAPITAL INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
S.a. Investcorp 10 percent owner CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Investcorp Credit Management Us Llc 10 percent owner 280 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10017
Sipco Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Gerald Cummins officer: Chief Compliance Officer C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Robert P Ryder director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564

Investcorp Credit Management BDC Headlines

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