Sound Point Meridian Capital, Inc. (SPMC) - Net Assets
Based on the latest financial reports, Sound Point Meridian Capital, Inc. (SPMC) has net assets worth $346.22 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($541.29 Million) and total liabilities ($195.07 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. Explore cash efficiency ratio of Sound Point Meridian Capital, Inc. to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $346.22 Million |
| % of Total Assets | 63.96% |
| Annual Growth Rate | 98494.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sound Point Meridian Capital, Inc. - Net Assets Trend (2023–2024)
This chart illustrates how Sound Point Meridian Capital, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Sound Point Meridian Capital, Inc. to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Sound Point Meridian Capital, Inc. (2023–2024)
The table below shows the annual net assets of Sound Point Meridian Capital, Inc. from 2023 to 2024. For live valuation and market cap data, see SPMC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $294.17 Million | +99900.02% |
| 2023-12-31 | $294.17K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sound Point Meridian Capital, 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 decreased by 1058954000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $20.32K | 0.01% |
| Other Components | $304.73 Million | 103.59% |
| Total Equity | $294.17 Million | 100.00% |
Sound Point Meridian Capital, Inc. Competitors by Market Cap
The table below lists competitors of Sound Point Meridian Capital, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brogent Technologies
TWO:5263
|
$231.06 Million |
|
Rani Zim Shopping Centers
TA:RANI
|
$231.13 Million |
|
Nautilus Biotechnology Inc
NASDAQ:NAUT
|
$231.14 Million |
|
centrotherm international AG
F:CTNK
|
$231.33 Million |
|
Oncoclinicas do Brasil
SA:ONCO3
|
$231.01 Million |
|
Toyota Caetano
LS:SCT
|
$231.00 Million |
|
Mufin Green Finance Ltd
NSE:MUFIN
|
$230.83 Million |
|
Silver Touch Technologies Limited
NSE:SILVERTUC
|
$230.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sound Point Meridian Capital, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 294,165 to 294,165,053, a change of 293,870,888 (99900.0%).
- Net income of 63,597,975 contributed positively to equity growth.
- Dividend payments of 39,742,005 reduced retained earnings.
- Share repurchases of 42,037 reduced equity.
- Other factors increased equity by 270,056,955.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $63.60 Million | +21.62% |
| Dividends Paid | $39.74 Million | -13.51% |
| Share Repurchases | $42.04K | -0.01% |
| Other Changes | $270.06 Million | +91.8% |
| Total Change | $- | 99900.02% |
Book Value vs Market Value Analysis
This analysis compares Sound Point Meridian Capital, 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: 0.78x
- 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 decreased from 775.74x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $0.01 | $11.25 | x |
| 2024-12-31 | $14.48 | $11.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sound Point Meridian Capital, 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): 21.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 98.59%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.03x
- Recent ROE (21.62%) is below the historical average (10820.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 21619.83% | 98.59% | 212.74x | 1.03x | $63.57 Million |
| 2024 | 21.62% | 98.59% | 0.21x | 1.03x | $34.18 Million |
Industry Comparison
This section compares Sound Point Meridian Capital, Inc.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,361,250,350
- Average return on equity (ROE) among peers: 0.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sound Point Meridian Capital, Inc. (SPMC) | $346.22 Million | 21619.83% | 0.56x | $231.04 Million |
| Acadian Asset Management Inc (AAMI) | $171.30 Million | 2.45% | 7.71x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $490.71 Million | 39.40% | 0.48x | $3.38 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $439.33 Million | 17.87% | 0.10x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $4.53 Million | -55.38% | 0.03x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $83.45 Million | -7.38% | 0.39x | $338.13 Million |
| Affiliated Managers Group Inc (AMG) | $4.96 Billion | 13.56% | 0.83x | $8.52 Billion |
| Ameriprise Financial Inc (AMP) | $5.94 Billion | 57.52% | 28.61x | $40.07 Billion |
| AMTD IDEA Group (AMTD) | $632.43 Million | 16.58% | 4.38x | $41.00 Million |
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.