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Harvest Capital Credit (Harvest Capital Credit) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2020)


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What is Harvest Capital Credit Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Harvest Capital Credit does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Harvest Capital Credit's Owner Earnings per Share (TTM) or its related term are showing as below:



HCAP's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.195
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Harvest Capital Credit's Earnings per Share (Diluted) for the three months ended in Mar. 2021 was $0.75. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2021 was $0.97. It's PE Ratio ratio for today is 9.94.

Harvest Capital Credit's EPS without NRI for the three months ended in Mar. 2021 was $0.75. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2021 was $0.97. It's PE Ratio without NRI ratio for today is 9.94.


Harvest Capital Credit Owner Earnings per Share (TTM) Historical Data

The historical data trend for Harvest Capital Credit's Owner Earnings per Share (TTM) 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.

Harvest Capital Credit Owner Earnings per Share (TTM) Chart

Harvest Capital Credit Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Owner Earnings per Share (TTM)
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Harvest Capital Credit Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Harvest Capital Credit's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Harvest Capital Credit's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Harvest Capital Credit's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Harvest Capital Credit's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Harvest Capital Credit's Price-to-Owner-Earnings falls into.



Harvest Capital Credit Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Harvest Capital Credit does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Harvest Capital Credit Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Harvest Capital Credit's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Harvest Capital Credit (Harvest Capital Credit) Business Description

Traded in Other Exchanges
N/A
Address
767 Third Avenue, 29th Floor, New York, NY, USA, 10017
Harvest Capital Credit Corp is an externally managed, closed-end, non-diversified management investment company. It provides customized financing to small and mid-sized businesses located throughout North America. The company's product portfolio includes senior secured debt, unitranche term loans, junior secured term loans, subordinated debt etc. Its objective is to generate both current income and capital appreciation mainly by making direct investments in the form of subordinated debt, senior debt and minority equity investments in privately held U.S. small and mid-sized companies.
Executives
Joseph A Jolson director, 10 percent owner, officer: Chief Executive Officer 600 MONTGOMERY STREET SUITE 1700 SAN FRANCISCO CA 94111
Richard Anthony Sebastiao director 274 RIVERSIDE AVENUE WESTPORT CT 06880
Jmp Securities Llc 10 percent owner 600 MONTGOMERY STREET, SUITE 1100 SAN FRANCISCO CA 94111
Jmp Group Llc 10 percent owner 600 MONTGOMERY STREET SUITE 1100 SAN FRANCISCO CA 94111
Jmp Group Inc. 10 percent owner 600 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Jmp Holding Llc 10 percent owner 600 MONTGOMERY ST SUITE 1100 SAN FRANCISCO CA 94111
Jmp Investment Holdings Llc 10 percent owner 600 MONTGOMERY STREET SUITE 1100 SAN FRANCISCO CA 94111
Alvarez William Edwin Jr officer: CFO, CCO and Secretary 274 RIVERSIDE AVENUE WESTPORT CT 06880
Richard Paul Buckanavage director, officer: MD-Head of Bus Development 274 RIVERSIDE AVENUE WESTPORT CT 06880
James J Fowler officer: Chief Investment Officer NEW YORK MORTGAGE TRUST, INC., 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Craig R Kitchin officer: CFO, Secretary 8 PERIMETER CENTER EAST SUITE 8050 ATLANTA GA 30346-1604
Renee Debra Lefebvre officer: Chief Compliance Officer C/O HARVEST CAPITAL CREDIT CORP. 767 THIRD AVENUE, 25TH FLOOR NEW YORK NY 10017
Ryan T. Magee officer: Vice President C/O HARVEST CAPITAL CREDIT CORP. 767 THIRD AVENUE, 25TH FLOOR NEW YORK NY 10017
Jack G Levin director FOX PAINE & CO. 950 TOWER LANE, SUITE 1150 FOSTER CITY CA 94404
Dorian B. Klein director C/O HARVEST CAPITAL CREDIT CORP. 450 PARK AVENUE, SUITE 500 NEW YORK NY 10022

Harvest Capital Credit (Harvest Capital Credit) Headlines

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