Capitala Finance Corp.
CPTAG
NASDAQ Capital Market25.00
USD
+0.04
- -
Capitala Finance Corp.
CPTAG
(NASDAQ Capital Market)
Recent
price
25.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Capitala Finance Corp., historically structured as an externally managed, non-diversified closed-end investment company, operated as a business development company (BDC) with a mandate to generate both current income and capital appreciation. The firm focused on providing customized financing solutions, primarily through debt and equity investments, to lower and traditional middle-market companies across the United States. Its investment strategy centered on first lien loans, supplemented by second lien loans and equity securities, supporting growth initiatives, recapitalizations, and strategic acquisitions for its portfolio companies. In a significant corporate transition completed in July 2021, Capitala Finance Corp. transitioned its investment adviser and officially changed its name to Logan Ridge Finance Corporation, with its common stock trading under the ticker LRFC. The ticker CPTAG, however, specifically refers to Capitala Finance Corp.'s 5.75% Convertible Notes Due 2022, which reached their maturity in May 2022.