Logan Ridge Finance Stock Today

LRFC Stock  USD 25.98  0.09  0.35%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 32

 
High
 
Low
Below Average
Logan Ridge is trading at 25.98 as of the 28th of November 2024, a 0.35% increase since the beginning of the trading day. The stock's open price was 25.89. Logan Ridge has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Logan Ridge Finance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
25th of September 2013
Classification
Financials
Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The company has 2.67 M outstanding shares of which 4.6 K shares are now shorted by private and institutional investors with about 1.24 trading days to cover. More on Logan Ridge Finance

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Logan Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOEdward Goldthorpe
Thematic IdeaManagement (View all Themes)
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, Management, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt153.2 M97.6 M
Way Up
Pretty Stable
Total Current Liabilities791.4 K833 K
Notably Down
Pretty Stable
Non Current Liabilities Total177.8 M101.5 M
Way Up
Slightly volatile
Total Assets333.5 M197.1 M
Way Up
Slightly volatile
Total Current Assets37.9 M25.9 M
Way Up
Slightly volatile
Debt Levels
Logan Ridge can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Logan Ridge's financial leverage. It provides some insight into what part of Logan Ridge's total assets is financed by creditors.
Liquidity
Logan Ridge Finance currently holds 101.52 M in liabilities with Debt to Equity (D/E) ratio of 1.0, which is about average as compared to similar companies. Logan Ridge Finance has a current ratio of 3.39, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Logan Ridge's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

6.69 Million
Logan Ridge Finance (LRFC) is traded on NASDAQ Exchange in USA. It is located in 650 Madison Avenue, New York, NY, United States, 10022 and employs 5 people. Logan Ridge is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 69.03 M. Logan Ridge Finance conducts business under Capital Markets sector and is part of Financials industry. The entity has 2.67 M outstanding shares of which 4.6 K shares are now shorted by private and institutional investors with about 1.24 trading days to cover. Logan Ridge Finance currently holds about 29.49 M in cash with 16.83 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.88.
Check Logan Ridge Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Logan Ridge Finance is $69.03 Million. Logan Ridge Finance secures 8.59 % of its outstanding shares held by insiders and 26.83 % owned by institutional investors. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Logan Ownership Details

Logan Stock Institutional Holders

InstituionRecorded OnShares
International Assets Investment Management, Llc2024-09-30
0.0
Acadian Asset Management Llc2024-06-30
0.0
Wells Fargo & Co2024-06-30
0.0
Tower Research Capital Llc2024-06-30
0.0
Soa Wealth Advisors, Llc.2024-09-30
0.0
Ifp Advisors, Llc2024-06-30
0.0
Advisor Group Holdings, Inc.2024-06-30
0.0
Punch & Associates Inv Mgmt Inc2024-09-30
229.6 K
Wealth Enhancement Advisory Services, Llc2024-09-30
161.1 K
Bulldog Investors, Llc2024-06-30
132.9 K
Fort Hoosac Management, Llc2024-09-30
60.3 K
View Logan Ridge Diagnostics

Logan Ridge Historical Income Statement

At present, Logan Ridge's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 4 M, whereas Selling General Administrative is forecasted to decline to about 4.1 M. View More Fundamentals

Logan Stock Against Markets

Logan Ridge Corporate Management

Jason RoosChief OfficerProfile
Brandon SatorenSecretary OfficerProfile
Patrick SchaferChief OfficerProfile
David JDChief OfficerProfile
When determining whether Logan Ridge Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logan Ridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Logan Ridge Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logan Ridge Finance Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Logan Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Logan Ridge. If investors know Logan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Logan Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1.28
Earnings Share
(1.22)
Revenue Per Share
7.449
Quarterly Revenue Growth
(0)
Return On Assets
0.0381
The market value of Logan Ridge Finance is measured differently than its book value, which is the value of Logan that is recorded on the company's balance sheet. Investors also form their own opinion of Logan Ridge's value that differs from its market value or its book value, called intrinsic value, which is Logan Ridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Logan Ridge's market value can be influenced by many factors that don't directly affect Logan Ridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Logan Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Logan Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logan Ridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.