Silver Spike Investment Corp
Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity fi… Read more
Silver Spike Investment Corp (SSIC) - Total Assets
Latest total assets as of June 2024: $90.08 Million USD
Based on the latest financial reports, Silver Spike Investment Corp (SSIC) holds total assets worth $90.08 Million USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Silver Spike Investment Corp - Total Assets Trend (2020–2023)
This chart illustrates how Silver Spike Investment Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Silver Spike Investment Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Silver Spike Investment Corp's total assets of $90.08 Million consist of 38.8% current assets and 61.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 36.8% |
| Accounts Receivable | $1.76 Million | 2.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Silver Spike Investment Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Silver Spike Investment Corp's current assets represent 38.8% of total assets in 2023, an increase from 0.0% in 2020.
- Cash Position: Cash and equivalents constituted 36.8% of total assets in 2023, up from 0.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 2.0% of total assets.
Silver Spike Investment Corp Competitors by Total Assets
Key competitors of Silver Spike Investment Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
India | ₹16.78 Billion |
|
Gibui Holdings Ltd
TA:GIBUI
|
Israel | ILA445.00 Million |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
UK | GBX287.45 Million |
|
Angel Oak Financial Strategies Income Term Trust
NYSE:FINS
|
USA | $486.05 Million |
|
Global Data Centre Group
AU:GDC
|
Australia | AU$151.04 Million |
|
Hearts and Minds Investments Ltd
AU:HM1
|
Australia | AU$857.95 Million |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
USA | $1.07 Billion |
|
Nippon Active Value Fund Plc
LSE:NAVF
|
UK | GBX390.96 Million |
Silver Spike Investment Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Silver Spike Investment Corp generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Silver Spike Investment Corp generates $8.29 in net profit.
Silver Spike Investment Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.09 | 29878.85 | 0.01 |
| Quick Ratio | 6.09 | 29878.85 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $29.61 Million | $ 34.11 Billion | $ -868.21K |
Silver Spike Investment Corp - Advanced Valuation Insights
This section examines the relationship between Silver Spike Investment Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.55 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.8% |
| Total Assets | $88.58 Million |
| Market Capitalization | $116.89K USD |
Valuation Analysis
Below Book Valuation: The market values Silver Spike Investment Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Silver Spike Investment Corp's assets grew by 1.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Silver Spike Investment Corp (2020–2023)
The table below shows the annual total assets of Silver Spike Investment Corp from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $88.58 Million | +1.85% |
| 2022-12-31 | $86.97 Million | +2.28% |
| 2021-12-31 | $85.03 Million | +30680.07% |
| 2020-12-31 | $276.26K | -- |