Sound Point Meridian Capital, Inc. (SPMC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Sound Point Meridian Capital, Inc. (SPMC) has a cash flow conversion efficiency ratio of 0.102x as of June 2025. 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 ($35.17 Million) by net assets ($346.22 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Sound Point Meridian Capital, Inc.'s balance sheet to measure how much of total assets are equity-financed.
Sound Point Meridian Capital, Inc. - Cash Flow Conversion Efficiency Trend (2023–2024)
This chart illustrates how Sound Point Meridian Capital, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SPMC operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Sound Point Meridian Capital, Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sound Point Meridian Capital, Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wireless Power Amplifier Module Inc
KQ:332570
|
-0.129x |
|
Tifico Fiber Indonesia Tbk
JK:TFCO
|
0.022x |
|
Grupo Industrial Saltillo S.A.B. de C.V
MX:GISSAA
|
0.008x |
|
Alfen Beheer BV
AS:ALFEN
|
0.070x |
|
Solvar Ltd
AU:SVR
|
0.099x |
|
AB AMBER GRID EO 029
F:AMH
|
0.023x |
|
Havilah Resources Ltd
AU:HAV
|
-0.017x |
|
Ellomay Capital Ltd
TA:ELLO
|
-0.012x |
Annual Cash Flow Conversion Efficiency for Sound Point Meridian Capital, Inc. (2023–2024)
The table below shows the annual cash flow conversion efficiency of Sound Point Meridian Capital, Inc. from 2023 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Sound Point Meridian Capital, Inc. worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $294.17 Million | $54.25 Million | 0.184x | +100.05% |
| 2023-12-31 | $294.17K | $-106.38 Million | -361.628x | -- |
About Sound Point Meridian Capital, Inc.
Sound Point Meridian Capital, LLC operates as a closed-end management investment company in the United States. It focuses on investing primarily in equity and mezzanine tranches of collateralized loan obligations, which are collateralized by portfolios consisting primarily of below-investment grade U.S. senior secured loans. The company was founded in 2022 and is based in New York, New York.