Silver Spike Investment Corp
Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity fi… Read more
Silver Spike Investment Corp (SSIC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.029x
Based on the latest financial reports, Silver Spike Investment Corp (SSIC) has a cash flow conversion efficiency ratio of 0.029x as of June 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($2.48 Million) by net assets ($84.26 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Silver Spike Investment Corp - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Silver Spike Investment Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Silver Spike Investment Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Silver Spike Investment Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Grosvenor CPC I Inc.
V:GRVA-P
|
-0.013x |
|
SALLY BEAUTY (S7V.SG)
STU:S7V
|
0.083x |
|
Lombard Street Capital Corp.
V:LSC-P
|
N/A |
|
QUINSTREET
BE:5Q8
|
-0.062x |
|
CEOTRONICS - Dusseldorf Stock Exchang
DU:CEK
|
N/A |
|
Golden Shield Resources Inc
PINK:GSRFF
|
-0.304x |
|
Wealth Invest HP Invest Lange DK Obl KL
CO:WEIHPILDKOBLKL
|
N/A |
|
Bexil Investment Trust
PINK:BXSY
|
N/A |
Annual Cash Flow Conversion Efficiency for Silver Spike Investment Corp (2020–2023)
The table below shows the annual cash flow conversion efficiency of Silver Spike Investment Corp from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $85.57 Million | $7.98 Million | 0.093x | +116.08% |
| 2022-12-31 | $86.51 Million | $-50.15 Million | -0.580x | -9527.62% |
| 2021-12-31 | $84.55 Million | $-509.11K | -0.006x | -100.19% |
| 2020-12-31 | $-159.72K | $-509.11K | 3.188x | -- |