New Mountain Finance Corporation Financial Ratios — NMFC

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	13.04	12.48	6.28	4.02	12.58	11.09	7.09	9.83	4.67	15.84	5.67	10.27	8.49	1.3
Return on Assets (%)	- -	12.95	12.44	4.21	2.12	6.88	6.1	3.31	3.94	1.84	6.3	2.25	4.16	3.54	0.54
Return on Capital (%)	- -	13.04	12.48	4.29	2.17	- -	6.18	3.37	4.01	- -	6.23	2.29	4.19	3.56	0.53
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	97.67	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	- -	64.21	60.54	65.27	95.06	98.4	99.86	95.97	103.15	106.93	101.85	94.09	95.95	94.42	117.26
Profit Margin (%)	- -	64.21	60.54	63.97	91.33	98.83	99.48	95.44	103.15	102.76	98.9	83.88	94.2	91.65	111.09
Net Income to Common Margin (%)	- -	64.21	60.54	63.97	91.33	98.83	99.48	95.44	103.15	102.76	98.9	83.88	94.2	91.65	111.09
Effective Tax Rate (%)	- -	- -	- -	2	3.92	- -	0.38	0.55	- -	- -	0.11	11.09	1.28	2.03	2.47
Dvd Payout Ratio (%)	- -	73.35	81.02	159.7	234.7	76.84	86.12	139.67	100.51	184.15	53.64	163.19	110.16	127.37	777.27
Sustainable Growth Rate (%)	- -	3.48	2.37	-3.75	-5.42	2.91	1.54	-2.81	-0.05	-3.93	7.34	-3.58	-1.04	-2.32	-8.81

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	671	728	697	869	1,384	1,942	1,798	1,907	1,981	1,785	1,837	1,671
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	671	728	697	869	1,384	1,942	1,798	1,907	1,981	1,785	1,837	1,671
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	100	99.01	100	52.95	52.7	56.68	53.68	41.09	39.3	39.45	40.09	39.18	41.78	41.68	40.72
Long-Term Debt/Equity (%)	- -	- -	- -	83.6	86.99	74.23	84.01	137.55	151.33	145.33	142.05	149.35	134.07	135.12	140.63
Long-Term Debt/Capital (%)	- -	- -	- -	45.53	46.52	42.61	45.66	57.9	60.21	59.24	58.69	59.9	57.28	57.47	58.44
Long-Term Debt/Total Assets (%)	- -	- -	- -	44.27	45.84	42.07	45.1	56.52	59.47	58.03	57.87	59.04	56.52	56.57	57.57
Total Debt/Equity (%)	- -	- -	- -	83.6	86.99	74.23	84.01	137.55	151.33	145.33	142.05	149.35	134.07	135.12	140.63
Total Debt/Capital (%)	- -	- -	- -	45.53	46.52	42.61	45.66	57.9	60.21	59.24	58.69	59.9	57.28	57.47	58.44
Total Debt/Total Assets (%)	- -	- -	- -	44.27	45.84	42.07	45.1	56.52	59.47	58.03	57.87	59.04	56.52	56.57	57.57
Net Debt to Equity	- -	- -	- -	-2.92	-3.6	-4.89	-3.38	-4.94	-3.78	-6.38	-4.33	-5.37	-5.26	-5.91	-6.79
Net Debt/Capital (%)	- -	- -	- -	-1.62	-1.96	-2.89	-1.87	-2.12	-1.53	-2.67	-1.82	-2.2	-2.3	-2.58	-2.9
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	100	99.01	100	52.95	52.7	56.68	53.68	41.09	39.3	39.45	40.09	39.18	41.78	41.68	40.72
Long-Term Debt/Equity (%)	- -	- -	- -	83.6	86.99	74.23	84.01	137.55	151.33	145.33	142.05	149.35	134.07	135.12	140.63
Long-Term Debt/Capital (%)	- -	- -	- -	45.53	46.52	42.61	45.66	57.9	60.21	59.24	58.69	59.9	57.28	57.47	58.44
Long-Term Debt/Total Assets (%)	- -	- -	- -	44.27	45.84	42.07	45.1	56.52	59.47	58.03	57.87	59.04	56.52	56.57	57.57
Total Debt/Equity (%)	- -	- -	- -	83.6	86.99	74.23	84.01	137.55	151.33	145.33	142.05	149.35	134.07	135.12	140.63
Total Debt/Capital (%)	- -	- -	- -	45.53	46.52	42.61	45.66	57.9	60.21	59.24	58.69	59.9	57.28	57.47	58.44
Total Debt/Total Assets (%)	- -	- -	- -	44.27	45.84	42.07	45.1	56.52	59.47	58.03	57.87	59.04	56.52	56.57	57.57
CFO/Total Liabilities	- -	-3,233.89	- -	-40.63	-8.43	8.43	-18.62	-27.28	-36.24	16.18	-1.13	1.73	18.21	2.23	22.1
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	64.01	- -	0.78	0.69	0.89	0.73	0.41	0.43	0.35	0.49	0.4	0.47	0.42	0.28

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover

- -

Days Sales Outstanding

- -

Inventory Turnover

- -

Days Inventory Outstanding

- -

Accounts Payable Turnover

- -

Accounts Payable Turnover Days

- -

Cash Conversion Cycle

- -

Inventory to Cash Days

- -

Inventories

- -

Raw Materials

- -

Work In Process

- -

Finished Goods

- -

Other Inventory

- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	143	362	680	866	833	983	1,029	957	1,330	1,100	1,341	1,249	1,305	1,214	945
- Cash & Cash Equivalents	- -	- -	- -	23	30	46	35	50	49	79	58	71	70	80	81
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	15	21	12	12	6	6
+ Total Debt	- -	- -	- -	671	728	697	869	1,384	1,942	1,798	1,907	1,981	1,785	1,837	1,671
Enterprise Value	143	362	680	1,514	1,531	1,634	1,863	2,292	3,224	2,834	3,212	3,170	3,032	2,977	2,542
Total Capital	145	342	650	1,473	1,565	1,635	1,904	2,390	3,226	3,034	3,250	3,307	3,117	3,196	2,859
Total Debt/Capital (%)	- -	- -	- -	45.53	46.52	42.61	45.66	57.9	60.21	59.24	58.69	59.9	57.28	57.47	58.44
Total Debt / EV	- -	- -	- -	0.44	0.48	0.43	0.47	0.6	0.6	0.63	0.59	0.62	0.59	0.62	0.66
EV/Sales	- -	7.32	6.65	21.25	42.44	14.46	16.95	30.23	29.55	49.8	15.77	35.58	21.1	24.05	171.25
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	27	- -	- -	- -	9.41	- -	90.55	9.11	70.88	6.71
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	27	- -	- -	- -	9.41	- -	90.55	9.11	70.88	6.71
Diluted Market Cap	- -	221	528	839	872	1,027	1,138	1,115	1,380	1,251	1,510	1,428	1,571	1,413	1,115
Diluted Enterprise Value	- -	221	528	1,486	1,570	1,678	1,973	2,449	3,274	2,984	3,380	3,349	3,298	3,175	2,712
EV per Share	13.41	14.9	15.04	26.1	23.92	23.43	24.54	30.11	33.3	29.26	32.8	31.4	29.56	27.6	24.76
TTM Sales	- -	50	102	71	36	113	110	76	109	57	204	89	144	124	15
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	- -	-110	-50	-290	-63	61	-166	-393	-719	301	-22	35	333	42	379
TTM Free Cash Flow to Firm	- -	-110	-50	-290	-63	61	-166	-393	-719	301	-22	35	333	42	379

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	-2.01	-10.58	-2.9	-13.76	16.98	-6.84	-2.83	-1.92	4.15	-68.45	40.79	4.72	33.64	2.94
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	143	362	680	1,514	1,531	1,634	1,863	2,292	3,224	2,834	3,212	3,170	3,032	2,977	2,542
Low Price	10	13.11	13.75	13.86	12.01	10.87	13.55	12.05	12.5	4.62	11.15	11.09	11.27	10.62	8.84
EV/Sales	- -	7.32	6.65	21.25	42.44	14.46	16.95	30.23	29.55	49.8	15.77	35.58	21.1	24.05	171.25
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	6.97	8.52	17	23.59	8.2	9.19	13.22	10.4	18.81	6.6	16.59	9.5	10.58	59.29
Price/Earnings Average	- -	6.58	8.34	16.74	26.18	7.57	9.75	14.15	10.36	16.94	6.3	17.26	9.37	11.5	66.72
Price/Earnings High	- -	7.4	8.95	17.63	27.52	8.34	10.17	15.03	10.89	23.93	6.79	18.89	9.88	12.31	77.58
Price/Earnings Low	- -	6.13	7.79	15.77	21.76	6.32	9.19	12.66	9.46	7.65	5.37	14.87	8.42	9.98	56.91
Price/Book Value	0.99	1.06	1.05	1.08	1	1.05	0.99	0.95	1.04	0.9	1.02	0.95	0.99	0.9	0.8
Price/Book Value Average	0.94	1	1.02	1.06	1.1	0.97	1.06	1.02	1.03	0.81	0.97	0.99	0.97	0.98	0.9
Price/Book Value High	1	1.13	1.1	1.12	1.16	1.07	1.1	1.08	1.08	1.15	1.05	1.08	1.03	1.04	1.05
Price/Book Value Low	0.74	0.93	0.96	1	0.92	0.81	0.99	0.91	0.94	0.37	0.83	0.85	0.88	0.85	0.77
Price/Tangible Book Value	0.99	1.06	1.05	1.08	1	1.05	0.99	0.95	1.04	0.9	1.02	0.95	0.99	0.9	0.8
Price/Tangible Book Value Average	0.94	1	1.02	1.06	1.1	0.97	1.06	1.02	1.03	0.81	0.97	0.99	0.97	0.98	0.9
Price/Tangible Book Value High	1	1.13	1.1	1.12	1.16	1.07	1.1	1.08	1.08	1.15	1.05	1.08	1.03	1.04	1.05
Price/Tangible Book Value Low	0.74	0.93	0.96	1	0.92	0.81	0.99	0.91	0.94	0.37	0.83	0.85	0.88	0.85	0.77
Price/Sales	- -	4.47	5.16	10.87	21.55	8.1	9.14	12.62	10.73	19.33	6.52	13.91	8.95	9.69	65.87
Price/Sales Average	- -	4.23	5.05	10.71	23.91	7.48	9.7	13.5	10.69	17.41	6.23	14.47	8.82	10.54	74.12
Price/Sales High	- -	4.75	5.42	11.28	25.14	8.24	10.12	14.34	11.23	24.59	6.72	15.85	9.31	11.28	86.18
Price/Sales Low	- -	3.94	4.72	10.09	19.88	6.24	9.14	12.08	9.76	7.86	5.31	12.47	7.93	9.14	63.22
Price/Cash Flow	- -	-2.01	-10.58	-2.67	-12.27	15.13	-6.04	-2.43	-1.63	3.65	-60.22	35.41	3.87	28.57	2.58
Price/Cash Flow Average	- -	-1.9	-10.36	-2.63	-13.62	13.97	-6.41	-2.6	-1.62	3.29	-57.52	36.84	3.81	31.07	2.9
Price/Cash Flow High	- -	-2.14	-11.12	-2.78	-14.32	15.4	-6.69	-2.76	-1.71	4.65	-62.02	40.33	4.02	33.24	3.38
Price/Cash Flow Low	- -	-1.77	-9.67	-2.48	-11.32	11.66	-6.04	-2.33	-1.48	1.49	-49.01	31.74	3.43	26.95	2.48
Price/Free Cash Flow Average	- -	-1.9	-10.36	-2.85	-15.27	15.68	-7.26	-3.03	-1.91	3.74	-65.38	42.43	4.65	36.58	3.31
Price/Free Cash Flow High	- -	-2.14	-11.12	-3.01	-16.06	17.28	-7.58	-3.22	-2.01	5.28	-70.5	46.46	4.91	39.13	3.85
Price/Free Cash Flow Low	- -	-1.77	-9.67	-2.69	-12.7	13.09	-6.84	-2.71	-1.75	1.69	-55.71	36.57	4.18	31.73	2.82
EV/Sales Average	- -	6.92	6.51	21.06	44.97	13.8	17.52	31.12	29.5	47.88	15.48	36.15	20.97	24.91	179.23
EV/Sales High	- -	7.78	6.99	21.7	46.29	14.61	17.95	31.96	30.11	55.06	15.97	37.53	21.47	25.65	190.89
EV/Sales Low	- -	6.44	6.08	20.37	40.65	12.47	16.95	29.7	28.45	38.33	14.55	34.13	20.07	23.49	168.69
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	13.41	14.9	15.04	14.94	13.02	14.1	13.55	12.58	13.74	11.36	13.7	12.37	12.72	11.26	9.21
High Price	13.56	15.83	15.8	15.5	15.19	14.35	15	14.3	14.38	14.45	14.11	14.09	13.23	13.1	12.05
Enterprise Value Average	137	343	666	1,500	1,623	1,559	1,926	2,359	3,219	2,724	3,152	3,220	3,013	3,083	2,660
Enterprise Value High	145	385	715	1,546	1,670	1,651	1,974	2,423	3,286	3,133	3,252	3,343	3,084	3,175	2,833
Enterprise Value Low	107	319	622	1,451	1,467	1,409	1,863	2,252	3,104	2,181	2,962	3,041	2,883	2,908	2,504

Shares Outstanding	11	24	45	58	64	70	76	76	97	97	98	101	103	108	103
Diluted Weighted Avg Shares	- -	15	35	56	67	73	84	89	100	110	110	115	123	125	121
Basic Weighted Avg Shares	- -	15	35	52	60	65	74	76	85	97	97	100	101	107	106
Revenue per Share	- -	3.33	2.91	1.37	0.6	1.74	1.48	1	1.28	0.59	2.1	0.89	1.42	1.16	0.14
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	2.14	1.76	0.88	0.55	1.72	1.47	0.95	1.32	0.6	2.08	0.75	1.34	1.06	0.16
Basic EPS from Cont Ops	- -	2.14	1.76	0.88	0.55	1.72	1.47	0.95	1.32	0.64	2.14	0.74	1.35	1.07	0.16
Diluted EPS, GAAP	- -	2.14	1.76	0.81	0.49	1.53	1.3	0.82	1.12	0.53	1.83	0.65	1.1	0.9	0.14
Diluted EPS from Cont Ops	- -	2.14	1.76	0.81	0.49	1.53	1.3	0.82	1.12	0.56	1.88	0.65	1.1	0.91	0.14
Dividend per Share	- -	1.57	1.43	1.4	1.3	1.32	1.27	1.33	1.33	1.24	1.18	1.21	1.49	1.38	1.28
Cash Flow per Share	- -	-7.41	-1.42	-5.59	-1.06	0.93	-2.24	-5.18	-8.43	3.11	-0.23	0.35	3.29	0.39	3.57
Free Cash Flow per Basic Share	- -	-7.41	-1.42	-5.59	-1.06	0.93	-2.24	-5.18	-8.43	3.11	-0.23	0.35	3.29	0.39	3.57
Cash & Equivalents per Share	- -	- -	- -	0.4	0.47	0.66	0.46	0.65	0.5	0.82	0.59	0.71	0.68	0.74	0.79
Book Value per Share	13.6	14.06	14.38	13.83	13.08	13.46	13.63	13.22	13.26	12.62	13.49	13.02	12.87	12.55	11.52
Tangible Book Value per Share	13.6	14.06	14.38	13.83	13.08	13.46	13.63	13.22	13.26	12.62	13.49	13.02	12.87	12.55	11.52

New Mountain Finance Corporation