Sound Point Meridian Capital, Inc. (SPMC) - Total Assets
Based on the latest financial reports, Sound Point Meridian Capital, Inc. (SPMC) holds total assets worth $541.29 Million USD as of September 2025. 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.
Sound Point Meridian Capital, Inc. - Total Assets Trend (2023–2024)
This chart illustrates how Sound Point Meridian Capital, Inc.'s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sound Point Meridian Capital, Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Sound Point Meridian Capital, Inc.'s total assets of $541.29 Million consist of 1.7% current assets and 98.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.7% |
| Accounts Receivable | $96.82K | 0.0% |
| 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 (2023–2024)
This chart illustrates how Sound Point Meridian Capital, Inc.'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: Sound Point Meridian Capital, Inc.'s current assets represent 1.7% of total assets in 2024, unchanged from 1.7% in 2023.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2024, the same as 1.7% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2023.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Sound Point Meridian Capital, Inc. Competitors by Total Assets
Key competitors of Sound Point Meridian Capital, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SPARK VC S.A. ZY 10
F:8N2
|
Germany | €9.53 Million |
|
Neuberger Berman Next Generation Connectivity Fund Inc
NYSE:NBXG
|
USA | $1.39 Billion |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
UK | GBX287.45 Million |
|
E Split Corp Class A
TO:ENS
|
Canada | CA$574.90 Million |
|
Feat Fund Investments Limited Partnership
TA:FEAT
|
Israel | ILA26.86 Million |
|
Hermana Holding ASA
OL:HERMA
|
Norway | Nkr112.10 Million |
|
Lions Bay Capital Inc
V:LBI
|
Canada | CA$5.81 Million |
|
London City Equities Ltd
AU:LCE
|
Australia | AU$30.87 Million |
Sound Point Meridian Capital, Inc. - 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 | 0.08 | - | - |
| Quick Ratio | 0.08 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | $-71.39 Million | - | - |
Sound Point Meridian Capital, Inc. - Advanced Valuation Insights
This section examines the relationship between Sound Point Meridian Capital, Inc.'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 | 0.64 |
| Latest Market Cap to Assets Ratio | 0.66 |
| Asset Growth Rate (YoY) | 99900.2% |
| Total Assets | $303.21 Million |
| Market Capitalization | $201.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sound Point Meridian Capital, Inc.'s assets below their book value (0.66x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sound Point Meridian Capital, Inc.'s assets grew by 99900.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sound Point Meridian Capital, Inc. (2023–2024)
The table below shows the annual total assets of Sound Point Meridian Capital, Inc. from 2023 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $303.21 Million | +99900.20% |
| 2023-12-31 | $303.21K | -- |
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.