Small Cap Premium & Dividend Income Fund Inc
Small Cap Premium & Dividend Income Fund Inc operates in Oil & Gas Exploration & Production.
Small Cap Premium & Dividend Income Fund Inc (RCC) - Net Assets
Latest net assets as of September 2024: $2.34 Billion USD
Based on the latest financial reports, Small Cap Premium & Dividend Income Fund Inc (RCC) has net assets worth $2.34 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.25 Billion) and total liabilities ($8.91 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.34 Billion |
| % of Total Assets | 20.78% |
| Annual Growth Rate | 38.03% |
| 5-Year Change | 213.31% |
| 10-Year Change | 1268.66% |
| Growth Volatility | 67.41 |
Small Cap Premium & Dividend Income Fund Inc - Net Assets Trend (2011–2023)
This chart illustrates how Small Cap Premium & Dividend Income Fund Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Small Cap Premium & Dividend Income Fund Inc (2011–2023)
The table below shows the annual net assets of Small Cap Premium & Dividend Income Fund Inc from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.65 Billion | +39.41% |
| 2022-12-31 | $1.90 Billion | +48.26% |
| 2021-12-31 | $1.28 Billion | +53.51% |
| 2020-12-31 | $834.21 Million | -1.25% |
| 2019-12-31 | $844.78 Million | +49.76% |
| 2018-12-31 | $564.08 Million | +1.55% |
| 2017-12-31 | $555.47 Million | +0.61% |
| 2016-12-31 | $552.10 Million | +210.56% |
| 2015-12-31 | $177.78 Million | -8.07% |
| 2014-12-31 | $193.38 Million | +8.78% |
| 2013-12-31 | $177.77 Million | +172.90% |
| 2012-12-31 | $65.14 Million | +17.76% |
| 2011-12-31 | $55.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Small Cap Premium & Dividend Income Fund Inc'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 grown by 12954746600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $124.41 Million | 4.88% |
| Common Stock | $17.00K | 0.00% |
| Other Comprehensive Income | $-17.86 Million | -0.70% |
| Other Components | $2.44 Billion | 95.82% |
| Total Equity | $2.55 Billion | 100.00% |
Small Cap Premium & Dividend Income Fund Inc Competitors by Market Cap
The table below lists competitors of Small Cap Premium & Dividend Income Fund Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock
NASDAQ:OXLCN
|
$238.68K |
|
ParcelPal Technology Inc
PINK:PTNYF
|
$238.85K |
|
Primary Bank
PINK:PRMY
|
$238.85K |
|
First Eagle Alternative Capital BDC Inc
NYSE:FCRX
|
$238.90K |
|
BCP
BC:BCP
|
$238.67K |
|
Lang & Schwarz AG
LSE:0RS1
|
$238.59K |
|
C-Bond Systems Inc
PINK:CBNT
|
$238.52K |
|
ROY.PHILIPS
MU:PHI1
|
$238.40K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Small Cap Premium & Dividend Income Fund Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,799,449,000 to 2,548,298,000, a change of 748,849,000 (41.6%).
- Net income of 339,451,000 contributed positively to equity growth.
- Dividend payments of 215,089,000 reduced retained earnings.
- Share repurchases of 18,108,000 reduced equity.
- Other comprehensive income decreased equity by 8,491,000.
- Other factors increased equity by 651,086,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $339.45 Million | +13.32% |
| Dividends Paid | $215.09 Million | -8.44% |
| Share Repurchases | $18.11 Million | -0.71% |
| Other Comprehensive Income | $-8.49 Million | -0.33% |
| Other Changes | $651.09 Million | +25.55% |
| Total Change | $- | 41.62% |
Book Value vs Market Value Analysis
This analysis compares Small Cap Premium & Dividend Income Fund Inc'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: 1.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.51x to 1.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $1.61 | $25.04 | x |
| 2013-12-31 | $5.55 | $25.04 | x |
| 2014-12-31 | $4.64 | $25.04 | x |
| 2015-12-31 | $5.11 | $25.04 | x |
| 2016-12-31 | $19.25 | $25.04 | x |
| 2017-12-31 | $17.09 | $25.04 | x |
| 2018-12-31 | $16.97 | $25.04 | x |
| 2019-12-31 | $19.63 | $25.04 | x |
| 2020-12-31 | $15.15 | $25.04 | x |
| 2021-12-31 | $18.59 | $25.04 | x |
| 2022-12-31 | $15.35 | $25.04 | x |
| 2023-12-31 | $17.15 | $25.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Small Cap Premium & Dividend Income Fund Inc 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): 13.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.64%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 4.88x
- Recent ROE (13.32%) is above the historical average (11.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 44.19% | 81.42% | 0.12x | 4.48x | $15.40 Million |
| 2013 | 4.19% | 41.06% | 0.03x | 3.89x | $-9.25 Million |
| 2014 | 15.44% | 53.83% | 0.06x | 4.57x | $9.42 Million |
| 2015 | -0.79% | -2.17% | 0.07x | 4.87x | $-17.18 Million |
| 2016 | 9.58% | 39.35% | 0.05x | 5.08x | $-2.14 Million |
| 2017 | 8.08% | 28.33% | 0.06x | 4.71x | $-10.32 Million |
| 2018 | 10.88% | 37.44% | 0.05x | 5.57x | $4.77 Million |
| 2019 | 8.84% | 49.94% | 0.03x | 6.03x | $-9.57 Million |
| 2020 | 5.50% | 16.61% | 0.05x | 6.59x | $-36.67 Million |
| 2021 | 12.36% | 41.15% | 0.04x | 7.47x | $30.13 Million |
| 2022 | 10.80% | 42.21% | 0.04x | 6.46x | $14.32 Million |
| 2023 | 13.32% | 29.64% | 0.09x | 4.88x | $84.62 Million |
Industry Comparison
This section compares Small Cap Premium & Dividend Income Fund Inc's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,282,152,580
- Average return on equity (ROE) among peers: 31.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Small Cap Premium & Dividend Income Fund Inc (RCC) | $2.34 Billion | 44.19% | 3.81x | $238.68K |
| Arçelik Anonim Sirketi (ACKAF) | $59.56 Billion | 12.87% | 3.33x | $19.95K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.23 Billion | -15.51% | 0.05x | $232.01K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $316.55 Million | 254.25% | 1.77x | $54.72 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $11.77 Billion | 6.69% | 3.72x | $76.46K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.08 Billion | 14.69% | 0.67x | $9.45 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.91 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $237.68K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.14 Billion | 10.45% | 1.28x | $142.90K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $374.10 | 13.04% | 2.96x | $224.78K |