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.
Sound Point Meridian Capital, Inc. (SPMA) - Net Assets
Latest net assets as of September 2025: $346.22 Million USD
Based on the latest financial reports, Sound Point Meridian Capital, Inc. (SPMA) 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $346.22 Million |
| % of Total Assets | 63.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sound Point Meridian Capital, Inc. - Net Assets Trend (2023–2023)
This chart illustrates how Sound Point Meridian Capital, 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 Sound Point Meridian Capital, Inc. (2023–2023)
The table below shows the annual net assets of Sound Point Meridian Capital, Inc. from 2023 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $294.17 Million | -- |
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
- No equity composition insights available.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $294.17 Million | 100.00% |
| 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 |
|---|---|
|
Orlen SA
PR:ORLEN
|
$241.18K |
|
Kure Technologies Inc
OTCGREY:UBSBF
|
$241.21K |
|
Resolute Resources Ltd.
V:RRL
|
$241.22K |
|
EL Ezz Aldekhela Steel - Alexandria
EGX:IRAX
|
$241.27K |
|
Mydecine Innovations Group Inc
PINK:MYCOF
|
$241.12K |
|
GAS NATURAL SDG - Dusseldorf Stock Exchang
DU:GAN
|
$241.09K |
|
Handeni Gold Inc
PINK:HNDI
|
$241.01K |
|
Bentley Capital Ltd
AU:BEL
|
$240.90K |
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.
Insufficient data available to analyze equity growth attribution.
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: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $14.69 | $24.32 | 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: 98.77%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.03x
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 21.62% | 98.77% | 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: $351,111,792
- Average return on equity (ROE) among peers: 0.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sound Point Meridian Capital, Inc. (SPMA) | $346.22 Million | 21.62% | 0.56x | $241.17K |
| Aberdeen International Inc (AABVF) | $214.75K | -122.83% | 0.39x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $1.37 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.38 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $913.08 Million | 4.10% | 0.03x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $788.86 Million | 18.29% | 0.62x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $190.80 Million | 139.32% | 0.02x | $73.68K |
| AGF Management Limited (AGFMF) | $908.07 Million | 4.67% | 0.50x | $298.43 Million |
| Agronomics Limited (AGNMF) | $157.27 Million | -6.99% | 0.00x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $2.71 Million |