MidCap Financial Investment (MidCap Financial Investment) Price-to-Tangible-Book : 0.98 (As of Apr. 25, 2024)

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What is MidCap Financial Investment Price-to-Tangible-Book?

As of today (2024-04-25), MidCap Financial Investment's share price is $15.05. MidCap Financial Investment's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.41. Hence, MidCap Financial Investment's Price to Tangible Book Ratio of today is 0.98.

The historical rank and industry rank for MidCap Financial Investment's Price-to-Tangible-Book or its related term are showing as below:

MFIC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43 Med: 0.85 Max: 0.99
Current: 0.98

During the past 13 years, MidCap Financial Investment's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.43. And the median was 0.85.

MFIC's Price-to-Tangible-Book is ranked worse than
59.48% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs MFIC: 0.98

A closely related ratio is called PB Ratio. As of today, MidCap Financial Investment's share price is $15.05. MidCap Financial Investment's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.41. Hence, MidCap Financial Investment's P/B Ratio of today is 0.98.

MidCap Financial Investment Price-to-Tangible-Book Historical Data

The historical data trend for MidCap Financial Investment's Price-to-Tangible-Book 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.

MidCap Financial Investment Price-to-Tangible-Book Chart

MidCap Financial Investment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.79

0.43

0.86

0.84

0.89

MidCap Financial Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.75	0.83	0.90	0.89

Competitive Comparison of MidCap Financial Investment's Price-to-Tangible-Book

For the Asset Management subindustry, MidCap Financial Investment's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

MidCap Financial Investment's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MidCap Financial Investment's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MidCap Financial Investment's Price-to-Tangible-Book falls into.

MidCap Financial Investment Price-to-Tangible-Book Calculation

MidCap Financial Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	15.05	/	15.406
	=	0.98

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

MidCap Financial Investment Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of MidCap Financial Investment's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

MidCap Financial Investment (MidCap Financial Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MidCap Financial Investment Corp (NAS:MFIC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

55O1:Germany

Address

9 West 57th Street, 37th Floor, New York, NY, USA, 10019

Website

https://www.midcapfinancialic.com

MidCap Financial Investment Corp is an externally managed, publicly traded, Business Development Company, focused on providing senior debt solutions to middle market companies.

Executives

Ryan Delgiudice	officer: Chief Compliance Officer	1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Mcnulty Ted Aymond Jr.	officer: President	9 WEST 57TH STREET, NEW YORK NY 10019
Tanner Powell	officer: Chief Executive Officer	C/O APOLLO INVESTMENT CORPORATION, 9 W. 57TH STREET, NEW YORK NY 10019
Emanuel R Pearlman	director	250 EAST 79TH STREET, NEW YORK NY 10075
Whonder Carmencita N.m.	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Howard Widra	officer: President	9 WEST 57TH STREET, 37TH FLOOR, NEW YORK NY 10019
Kristin Hester	officer: See Remarks	9 WEST 57TH STREET, NEW YORK NY 10019
John J Hannan	director	9 WEST 57TH STREET, NEW YORK NY 10019
Barbara Ruth Matas	director	9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Elliot Jr Stein	director	C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Amit Joshi	officer: Chief Accounting Officer	APOLLO INVESTMENT CORP., 9 WEST 57TH STREET, NEW YORK NY 10019
Hilary E. Ackermann	director	601 TRAVIS, SUITE 1400, HOUSTON TX 77002
Frank C Puleo	director	7425 PURPLE SAGE, GLENWILD, PARK CITY UT 84098
James C Zelter	director, officer: Chief Executive Officer	APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, 14TH FLOOR, NEW YORK NY 10019
Gregory W. Hunt	officer: CFO & TREASURER	730 5TH AVENUE, NEW YORK NY 10019