Welcome to our dedicated page for Slr Investment news (Ticker: SLRC), a resource for investors and traders seeking the latest updates and insights on Slr Investment stock.
SLRC Investment Corp (NASDAQ: SLRC) specializes in asset-based lending and factoring solutions for U.S. upper middle market companies. This news hub provides investors and financial professionals with timely updates on the company's strategic initiatives, regulatory developments, and market positioning within the specialty finance sector.
Access comprehensive coverage of SLRC's earnings reports, acquisition announcements, and portfolio updates. Our curated collection ensures stakeholders stay informed about key operational milestones including new lending programs, management insights, and regulatory compliance matters.
Key content categories include quarterly financial results, strategic partnership announcements, and analyses of SLRC's niche market expansions. Bookmark this page for direct access to primary source materials and expert-curated updates about the company's asset-backed financing strategies and industry leadership.
SLR Investment Corp. (NASDAQ: SLRC) will announce its financial results for Q1 2023 on May 10, 2023, after market close. An earnings conference call is scheduled for May 11, 2023, at 10:00 a.m. ET. Interested participants can join the call by dialing (800) 343-4136 in the U.S. or (203) 518-9843 internationally, referencing Conference ID: SLRC1Q23. A replay will be available until May 25, 2023. The call will also be streamed live via the company’s website. SLR Investment Corp. is a specialty finance firm that invests primarily in leveraged U.S. middle market companies.
SLR Investment Corp. (NASDAQ: SLRC) issued an open letter addressing stakeholders about its business outlook following the recent crises at Silicon Valley Bank (SVB) and Signature Bank (SBNY). The company assures that these banking issues will not adversely impact its operations, financial performance, or liquidity. Key highlights include that SLRC has no material exposure to SVB or SBNY, a solid balance sheet with a net leverage ratio of 1.08x, and no near-term debt maturities. Additionally, 78% of SLRC’s investment portfolio is in specialty finance assets, positioning it well for economic volatility. The firm aims to leverage its significant capital during this market disruption.
SLR Investment Corp. (NASDAQ: SLRC) reported a net investment income of $22.5 million ($0.41 per share) for Q4 2022 and $76.4 million ($1.48 per share) for the fiscal year ending December 31, 2022. The company declared a monthly distribution of $0.136667 per share, totaling $0.41 for Q1 2023. As of December 31, 2022, the net asset value (NAV) per share was $18.33 with total assets of $2.9 billion. Investments made in 2022 totaled $1.3 billion, with total repayments of $971.9 million. The net debt-to-equity ratio stands at 1.08x.
