Vertical Capital Income Fund
Vertical Capital Income Fund operates in various business sectors.
Vertical Capital Income Fund (CCIA) - Net Assets
Latest net assets as of September 2023: $98.75 Million USD
Based on the latest financial reports, Vertical Capital Income Fund (CCIA) has net assets worth $98.75 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($100.97 Million) and total liabilities ($2.22 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $98.75 Million |
| % of Total Assets | 97.81% |
| Annual Growth Rate | -7.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.39 |
Vertical Capital Income Fund - Net Assets Trend (2020–2023)
This chart illustrates how Vertical Capital Income Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vertical Capital Income Fund (2020–2023)
The table below shows the annual net assets of Vertical Capital Income Fund from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $98.75 Million | -8.42% |
| 2022-09-30 | $107.83 Million | -11.12% |
| 2021-09-30 | $121.32 Million | -2.97% |
| 2020-09-30 | $125.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vertical Capital Income Fund'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 181.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $112.07 Million | 113.49% |
| Total Equity | $98.75 Million | 100.00% |
Vertical Capital Income Fund Competitors by Market Cap
The table below lists competitors of Vertical Capital Income Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New Zealand Coastal Seafoods Limited
PINK:NZSCF
|
$236.14K |
|
Osprey Bitcoin Trust
OTCQX:OBTC
|
$236.29K |
|
GNL-P-D
NYSE:GNL-P-D
|
$236.29K |
|
NTEST-H
NYSE:NTEST-H
|
$236.33K |
|
Florentaise SA
PA:ALFLO
|
$236.06K |
|
EL Ezz Aldekhela Steel - Alexandria
EGX:IRAX
|
$236.05K |
|
SANDY SPRING BANCRP
BE:SD2
|
$236.01K |
|
Forza Innovations Inc
PINK:FORZ
|
$235.89K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vertical Capital Income Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 107,829,465 to 98,750,740, a change of -9,078,725 (-8.4%).
- Net loss of 11,822,059 reduced equity.
- Dividend payments of 6,913,998 reduced retained earnings.
- New share issuances of 10,816,451 increased equity.
- Other factors decreased equity by 1,159,119.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.82 Million | -11.97% |
| Dividends Paid | $6.91 Million | -7.0% |
| Share Issuances | $10.82 Million | +10.95% |
| Other Changes | $-1.16 Million | -1.17% |
| Total Change | $- | -8.42% |
Book Value vs Market Value Analysis
This analysis compares Vertical Capital Income Fund'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: 2.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.09x to 2.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $12.05 | $25.14 | x |
| 2021-09-30 | $11.69 | $25.14 | x |
| 2022-09-30 | $10.39 | $25.14 | x |
| 2023-09-30 | $8.42 | $25.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vertical Capital Income Fund 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): -11.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.07x
- • Equity Multiplier: 1.02x
- Recent ROE (-11.97%) is below the historical average (-2.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -1.17% | -14413.70% | 0.00x | 1.11x | $-13.97 Million |
| 2021 | 6.42% | 83.32% | 0.08x | 1.02x | $-4.35 Million |
| 2022 | -2.90% | 0.00% | -0.01x | 1.07x | $-13.91 Million |
| 2023 | -11.97% | 0.00% | -0.07x | 1.02x | $-21.70 Million |
Industry Comparison
This section compares Vertical Capital Income Fund's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.