Prospect Capital Corporation Net Assets
Prospect Capital Corporation net assets. Based on the latest financial reports, Prospect Capital Corporation (PSEC) has net assets worth $4.63 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.64 Billion) and total liabilities ($2.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset momentum of Prospect Capital Corporation to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.63 Billion |
| % of Total Assets | 69.7% |
| Annual Growth Rate | N/A |
| 5-Year Change | -24.25% |
| 10-Year Change | -13.01% |
| Growth Volatility | 42.82 |
Net Assets of Prospect Capital Corporation (2004–2025)
Net assets of Prospect Capital Corporation from 2004 to 2025. This chart illustrates how Prospect Capital Corporation's net assets have evolved over time, based on quarterly financial data. See Prospect Capital Corporation balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Prospect Capital Corporation (2004–2025)
The table below shows the annual net assets of Prospect Capital Corporation from 2004 to 2025. For live market cap and overall valuation, see market value of Prospect Capital Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $2.99 Billion | -19.48% |
| 2024-06-30 | $3.71 Billion | -0.56% |
| 2023-06-30 | $3.73 Billion | -9.38% |
| 2022-06-30 | $4.12 Billion | +4.40% |
| 2021-06-30 | $3.95 Billion | +29.11% |
| 2020-06-30 | $3.06 Billion | -7.57% |
| 2019-06-30 | $3.31 Billion | -2.96% |
| 2018-06-30 | $3.41 Billion | +1.55% |
| 2017-06-30 | $3.35 Billion | -2.36% |
| 2016-06-30 | $3.44 Billion | -7.21% |
| 2015-06-30 | $3.70 Billion | +2.35% |
| 2014-06-30 | $3.62 Billion | +36.20% |
| 2013-06-30 | $2.66 Billion | +75.70% |
| 2012-06-30 | $1.51 Billion | +35.68% |
| 2011-06-30 | $1.11 Billion | +56.64% |
| 2010-06-30 | $711.42 Million | +33.58% |
| 2009-06-30 | $532.60 Million | +23.97% |
| 2008-06-30 | $429.62 Million | +43.18% |
| 2007-06-30 | $300.05 Million | +177.13% |
| 2006-06-30 | $108.27 Million | +5.15% |
| 2005-06-30 | $102.97 Million | +106.77% |
| 2004-06-30 | $-1.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prospect Capital Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 317.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Prospect Capital Corporation Net Assets Breakdown (June 2025)
Prospect Capital Corporation net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $456.00K | 0.02% |
| Other Components | $4.24 Billion | 141.94% |
| Total Equity | $2.99 Billion | 100.00% |
Prospect Capital Corporation Competitors by Market Cap
The table below lists competitors of Prospect Capital Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heilongjiang Transport Development Co Ltd
SHG:601188
|
$678.16 Million |
|
Changzhou Architectural Research Institute Group Co. Ltd. A
SHE:301115
|
$678.54 Million |
|
Vats Liquor Chain Store Management Joint Stock Co Ltd
SHE:300755
|
$678.83 Million |
|
Obsidian Therapeutics, Inc. Common Stock
NASDAQ:OBX
|
$678.88 Million |
|
Suzhou Shijia Science & Technology Inc
SHE:002796
|
$678.02 Million |
|
Tianjin Economic-technological Development Area Co Ltd
SHE:000652
|
$678.00 Million |
|
Apacer Technology Inc
TW:8271
|
$677.87 Million |
|
Coastal Financial Corp
NASDAQ:CCB
|
$677.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prospect Capital Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,711,733,000 to 2,988,772,000, a change of -722,961,000 (-19.5%).
- Net loss of 469,924,000 reduced equity.
- Dividend payments of 332,392,000 reduced retained earnings.
- Share repurchases of 2,170,000 reduced equity.
- New share issuances of 131,562,000 increased equity.
- Other comprehensive income decreased equity by 2,622,419,000.
- Other factors increased equity by 2,572,382,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-469.92 Million | -15.72% |
| Dividends Paid | $332.39 Million | -11.12% |
| Share Repurchases | $2.17 Million | -0.07% |
| Share Issuances | $131.56 Million | +4.4% |
| Other Comprehensive Income | $-2.62 Billion | -87.74% |
| Other Changes | $2.57 Billion | +86.07% |
| Total Change | $- | -19.48% |
Book Value vs Market Value Analysis
This analysis compares Prospect Capital Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.21x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.10x to 0.21x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | $14.59 | $1.44 | x |
| 2006-06-30 | $15.34 | $1.44 | x |
| 2007-06-30 | $19.08 | $1.44 | x |
| 2008-06-30 | $18.18 | $1.44 | x |
| 2009-06-30 | $16.88 | $1.44 | x |
| 2010-06-30 | $11.97 | $1.44 | x |
| 2011-06-30 | $12.96 | $1.44 | x |
| 2012-06-30 | $13.22 | $1.44 | x |
| 2013-06-30 | $12.83 | $1.44 | x |
| 2014-06-30 | $12.05 | $1.44 | x |
| 2015-06-30 | $10.47 | $1.44 | x |
| 2016-06-30 | $9.65 | $1.44 | x |
| 2017-06-30 | $9.35 | $1.44 | x |
| 2018-06-30 | $9.43 | $1.44 | x |
| 2019-06-30 | $9.03 | $1.44 | x |
| 2020-06-30 | $8.30 | $1.44 | x |
| 2021-06-30 | $10.22 | $1.44 | x |
| 2022-06-30 | $9.50 | $1.44 | x |
| 2023-06-30 | $9.37 | $1.44 | x |
| 2024-06-30 | $8.88 | $1.44 | x |
| 2025-06-30 | $6.79 | $1.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prospect Capital Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -15.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.04x
- • Equity Multiplier: 2.28x
- Recent ROE (-15.72%) is below the historical average (6.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 8.50% | 69.31% | 0.12x | 1.01x | $-1.55 Million |
| 2006 | 11.91% | 74.38% | 0.13x | 1.28x | $2.07 Million |
| 2007 | 5.58% | 72.57% | 0.06x | 1.25x | $-13.28 Million |
| 2008 | 6.42% | 43.67% | 0.12x | 1.26x | $-15.37 Million |
| 2009 | 6.59% | 57.17% | 0.09x | 1.25x | $-18.16 Million |
| 2010 | 2.65% | 30.42% | 0.07x | 1.17x | $-52.26 Million |
| 2011 | 10.61% | 63.59% | 0.12x | 1.39x | $6.80 Million |
| 2012 | 12.63% | 78.68% | 0.11x | 1.49x | $39.71 Million |
| 2013 | 8.31% | 68.75% | 0.07x | 1.67x | $-44.79 Million |
| 2014 | 8.82% | 67.05% | 0.07x | 1.79x | $-42.80 Million |
| 2015 | 9.35% | 62.59% | 0.08x | 1.84x | $-23.97 Million |
| 2016 | 3.01% | 33.92% | 0.05x | 1.83x | $-240.23 Million |
| 2017 | 7.54% | 55.52% | 0.07x | 1.84x | $-82.59 Million |
| 2018 | 8.80% | 61.36% | 0.08x | 1.71x | $-40.84 Million |
| 2019 | 4.37% | 77.43% | 0.03x | 1.75x | $-186.14 Million |
| 2020 | -0.53% | -85.48% | 0.00x | 1.73x | $-321.81 Million |
| 2021 | 24.43% | 94.76% | 0.16x | 1.60x | $569.26 Million |
| 2022 | 14.14% | 78.74% | 0.10x | 1.86x | $170.67 Million |
| 2023 | -2.72% | -116.42% | 0.01x | 2.11x | $-474.91 Million |
| 2024 | 7.08% | 56.24% | 0.06x | 2.12x | $-108.34 Million |
| 2025 | -15.72% | 0.00% | -0.04x | 2.28x | $-768.80 Million |
Industry Comparison
This section compares Prospect Capital Corporation's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $606,357,977
- Average return on equity (ROE) among peers: -27.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prospect Capital Corporation (PSEC) | $4.63 Billion | 8.50% | 0.43x | $678.11 Million |
| Acadian Asset Management Inc (AAMI) | $170.50 Million | 74.13% | 6.59x | $3.22 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.63 Billion | 10.97% | 0.00x | $3.21 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $302.50 Million | 9.63% | 0.14x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $175.57 Million | -11.78% | 0.57x | $71.91 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $194.14 Million |
| Alpha Compute Corp (ALP) | $4.53 Million | -55.38% | 0.03x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $267.43 Million |
| Amber International Holding Limited (AMBR) | $13.39 Million | -296.55% | 9.91x | $159.70 Million |
| Affiliated Managers Group, Inc. (AMG) | $1.85 Billion | 3.21% | 0.83x | $9.63 Billion |
About Prospect Capital Corporation
Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and brid… Read more