TriplePoint Venture Growth BDC Corp. Financial Ratios — TPVG

Profitability (USD)

	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	12/31/2013	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 (%)	- -	- -	8.24	4.97	8.53	12.84	9.52	9.63	18.34	-4.7	-10.39	9.26	14.07
Return on Assets (%)	- -	- -	4.38	2.73	4.07	7.48	5.52	5.16	9.5	-2.07	-4	3.68	6.14
Return on Capital (%)	- -	- -	6.22	4.35	5.69	9.63	5.66	5.31	9.79	- -	- -	3.77	6.28
Return on Invested Capital (%)	- -	- -	7.97	7.07	7.11	9.85	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	100	100	100	64.57	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	124	169.93	130.09	99.99	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	124	169.93	130.09	99.99	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	124	-66.83	49.58	51.68	1,138.44	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	- -	- -	68.87	61.25	70.8	82.96	79	78.86	87.65	211.06	147.11	70.38	85.76
Profit Margin (%)	- -	- -	68.87	61.25	70.8	82.96	79	78.86	87.65	211.06	147.11	70.38	85.76
Net Income to Common Margin (%)	- -	- -	68.87	61.25	70.8	82.96	79	78.86	87.65	211.06	147.11	70.38	85.76
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	123.96	193.54	117.63	86.4	106.38	129.2	59.55	-247.11	-137.92	162.55	83.88
Sustainable Growth Rate (%)	- -	- -	-1.97	-4.65	-1.5	1.75	-0.61	-2.81	7.42	-16.31	-24.73	-5.79	2.27

Credit (USD)

Credit Ratios API ChatGPT

	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	12/31/2013	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	- -	236	89	337	206	119	336	261	468	567	608	399	469
ST Debt	- -	118	18	168	67	23	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	118	71	168	139	96	336	261	468	567	608	399	469
Total Debt/EBITDA	- -	- -	3.18	10.9	5.84	2.7	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	1.38	5.2	3.82	2.1	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	3.18	10.9	5.84	2.7	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	1.38	5.2	3.82	2.1	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	4.45	3.93	3.9	6.74	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	4.45	3.93	3.9	6.74	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	4.45	3.93	3.9	6.74	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	6	8	9	7	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	100	44.43	60.59	49.71	46.04	71.63	48.6	58.59	46.84	41.39	35.38	45.3	42.12
Long-Term Debt/Equity (%)	- -	81.39	30.61	77.96	59.35	28.68	100.98	65.21	107.6	135.01	175.54	115.37	132.65
Long-Term Debt/Capital (%)	- -	30.97	22.12	30.46	31.59	21.16	50.24	39.47	51.83	57.45	63.71	53.57	57.02
Long-Term Debt/Total Assets (%)	- -	36.16	18.55	38.76	27.32	20.54	49.08	38.2	50.4	55.89	62.1	52.27	55.87
Total Debt/Equity (%)	- -	162.78	38.38	155.92	87.86	35.56	100.98	65.21	107.6	135.01	175.54	115.37	132.65
Total Debt/Capital (%)	- -	61.95	27.74	60.93	46.77	26.23	50.24	39.47	51.83	57.45	63.71	53.57	57.02
Total Debt/Total Assets (%)	- -	72.32	23.26	77.51	40.45	25.47	49.08	38.2	50.4	55.89	62.1	52.27	55.87
Net Debt to Equity	-100	76.63	16.6	74.36	57.44	27.67	-6.1	-9.54	-11.8	-12.26	-44.28	-13.28	-5.76
Net Debt/Capital (%)	- -	29.7	13.35	29.47	30.89	20.56	-3.13	-6.13	-6.03	-5.5	-19.15	-6.57	-2.54
EBITDA	- -	- -	28	31	35	44	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	28	31	35	44	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	28	31	35	44	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	12/31/2013	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	- -	0.31	1.05	0.22	0.64	0.39	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	0.38	1.13	0.27	0.66	0.5	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	0.31	1.05	0.22	0.64	0.39	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	-0.58	0.12	-0.14	-6.3	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	100	44.43	60.59	49.71	46.04	71.63	48.6	58.59	46.84	41.39	35.38	45.3	42.12
Long-Term Debt/Equity (%)	- -	81.39	30.61	77.96	59.35	28.68	100.98	65.21	107.6	135.01	175.54	115.37	132.65
Long-Term Debt/Capital (%)	- -	30.97	22.12	30.46	31.59	21.16	50.24	39.47	51.83	57.45	63.71	53.57	57.02
Long-Term Debt/Total Assets (%)	- -	36.16	18.55	38.76	27.32	20.54	49.08	38.2	50.4	55.89	62.1	52.27	55.87
Total Debt/Equity (%)	- -	162.78	38.38	155.92	87.86	35.56	100.98	65.21	107.6	135.01	175.54	115.37	132.65
Total Debt/Capital (%)	- -	61.95	27.74	60.93	46.77	26.23	50.24	39.47	51.83	57.45	63.71	53.57	57.02
Total Debt/Total Assets (%)	- -	72.32	23.26	77.51	40.45	25.47	49.08	38.2	50.4	55.89	62.1	52.27	55.87
CFO/Total Liabilities	- -	- -	0.09	-42.14	9.12	-13.45	-53.33	22.49	-29.34	-16.97	16.78	36.64	-11.73
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	0.13	1.24	0.36	0.61	1.56	0.66	0.89	0.8	0.29	0.15	0.18	0.13

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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	12/31/2013	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	- -	- -	- -	- -	- -	0.22	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	1,693.61	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	-1,693.61	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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	12/31/2013	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	- -	147	195	188	225	270	354	403	557	369	409	296	265
- Cash & Cash Equivalents	- -	7	32	8	4	3	20	38	51	51	153	46	20
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	236	89	337	206	119	336	261	468	567	608	399	469
Enterprise Value	- -	326	181	477	302	365	670	625	973	884	863	649	714
Total Capital	- -	381	321	552	441	453	668	662	902	987	954	745	823
Total Debt/Capital (%)	- -	61.95	27.74	60.93	46.77	26.23	50.24	39.47	51.83	57.45	63.71	53.57	57.02
Total Debt / EV	- -	0.72	0.49	0.71	0.68	0.33	0.5	0.42	0.48	0.64	0.7	0.61	0.66
EV/Sales	- -	- -	8.05	26.26	11.12	8.29	16.66	13.97	11.14	- -	- -	14.26	12.44
EV/EBITDA	- -	- -	6.49	15.45	8.55	8.29	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	6.49	15.45	8.55	8.29	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	28.23	- -	8.84	- -	- -	9.82	- -	- -	8.13	4.24	- -
EV/Free Cash Flow to Firm	- -	- -	28.23	- -	8.84	- -	- -	9.82	- -	- -	8.13	4.24	- -
Diluted Market Cap	- -	- -	180	190	207	223	353	399	556	341	388	289	263
Diluted Enterprise Value	- -	229	236	519	409	339	669	621	972	856	842	641	712
EV per Share	- -	32.9	11.13	29.85	17.04	14.75	26.88	20.26	31.38	25.01	22.94	16.17	17.62
TTM Sales	- -	- -	23	18	27	44	40	45	87	-10	-27	46	57
TTM EBITDA	- -	- -	28	31	35	44	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	28	31	35	44	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	- -	- -	6	-84	34	-11	-188	64	-145	-101	106	153	-57
TTM Free Cash Flow to Firm	- -	- -	6	-84	34	-11	-188	64	-145	-101	106	153	-57

Multiples (USD)

Valuation Multiples API ChatGPT

	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	12/31/2013	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	- -	- -	1,275.82	-2.07	8.25	-12.52	-1.88	6.26	-3.84	-3.38	3.65	1.89	-4.62
EV/EBIT	- -	- -	6.49	15.45	8.55	8.29	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	326	181	477	302	365	670	625	973	884	863	649	714
Low Price	- -	12.8	9.95	8.83	11.88	10.25	10.75	2.8	12.74	10.27	9.13	6.44	5.24
EV/Sales	- -	- -	8.05	26.26	11.12	8.29	16.66	13.97	11.14	- -	- -	14.26	12.44
EV/EBITDA	- -	- -	6.49	15.45	8.55	8.29	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	11.59	17.11	10.77	6.1	11.12	11.29	7.26	- -	- -	9	5.35
Price/Earnings Average	- -	- -	12.59	15.86	11.39	7.05	11.31	9.48	6.34	-23.25	-10	10.62	5.48
Price/Earnings High	- -	- -	14.78	19.03	12.23	7.82	13.43	12.55	7.78	-29.82	-11.54	14.13	6.71
Price/Earnings Low	- -	- -	9.64	12.83	10.09	5.74	8.41	2.42	5.15	-16.73	-8.19	7.86	4.29
Price/Book Value	- -	1.02	0.84	0.87	0.96	0.81	1.07	1.01	1.28	0.88	1.18	0.86	0.75
Price/Book Value Average	- -	1.04	0.91	0.81	1.01	0.93	1.08	0.84	1.12	1.2	1.21	1.01	0.77
Price/Book Value High	- -	1.14	1.07	0.97	1.09	1.03	1.29	1.12	1.37	1.54	1.4	1.34	0.94
Price/Book Value Low	- -	0.88	0.7	0.65	0.9	0.76	0.81	0.22	0.91	0.86	0.99	0.75	0.6
Price/Tangible Book Value	- -	1.02	0.84	0.87	0.96	0.81	1.07	1.01	1.28	0.88	1.18	0.86	0.75
Price/Tangible Book Value Average	- -	1.04	0.91	0.81	1.01	0.93	1.08	0.84	1.12	1.2	1.21	1.01	0.77
Price/Tangible Book Value High	- -	1.14	1.07	0.97	1.09	1.03	1.29	1.12	1.37	1.54	1.4	1.34	0.94
Price/Tangible Book Value Low	- -	0.88	0.7	0.65	0.9	0.76	0.81	0.22	0.91	0.86	0.99	0.75	0.6
Price/Sales	- -	- -	7.98	10.48	7.63	5.06	8.79	8.9	6.36	-35.86	-14.33	6.34	4.59
Price/Sales Average	- -	- -	8.67	9.72	8.06	5.85	8.93	7.47	5.56	-49.07	-14.71	7.48	4.7
Price/Sales High	- -	- -	10.18	11.65	8.66	6.49	10.61	9.9	6.82	-62.95	-16.98	9.94	5.76
Price/Sales Low	- -	- -	6.64	7.85	7.14	4.76	6.64	1.91	4.51	-35.31	-12.04	5.53	3.68
Price/Cash Flow	- -	- -	1,275.82	-2.07	8.25	-12.52	-1.88	6.26	-3.84	-3.38	3.65	1.89	-4.62
Price/Cash Flow Average	- -	- -	1,385.89	-1.92	8.72	-14.46	-1.91	5.26	-3.35	-4.62	3.75	2.23	-4.73
Price/Cash Flow High	- -	- -	1,626.77	-2.3	9.37	-16.04	-2.27	6.96	-4.12	-5.93	4.33	2.96	-5.79
Price/Cash Flow Low	- -	- -	1,061.4	-1.55	7.73	-11.78	-1.42	1.34	-2.72	-3.33	3.07	1.65	-3.7
Price/Free Cash Flow Average	- -	- -	1,385.89	-1.92	8.72	-14.46	-1.91	5.26	-3.35	-4.62	3.75	2.23	-4.73
Price/Free Cash Flow High	- -	- -	1,626.77	-2.3	9.37	-16.04	-2.27	6.96	-4.12	-5.93	4.33	2.96	-5.79
Price/Free Cash Flow Low	- -	- -	1,061.4	-1.55	7.73	-11.78	-1.42	1.34	-2.72	-3.33	3.07	1.65	-3.7
EV/Sales Average	- -	- -	11.9	27.71	16.19	9.69	16.81	12.53	10.33	- -	- -	15.43	12.55
EV/Sales High	- -	- -	13.54	29.62	16.85	10.47	18.49	14.98	11.6	- -	- -	17.96	13.61
EV/Sales Low	- -	- -	9.7	25.87	15.19	8.39	14.51	6.91	9.29	- -	- -	13.43	11.52
EV/EBITDA Average	- -	- -	9.6	16.3	12.45	9.7	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	10.92	17.43	12.95	10.47	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	7.82	15.22	11.68	8.39	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	9.6	16.3	12.45	9.7	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	10.92	17.43	12.95	10.47	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	7.82	15.22	11.68	8.39	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	14.85	11.96	11.78	12.69	10.89	14.22	13.04	17.96	10.43	10.86	7.38	6.54
High Price	- -	16.72	15.25	13.1	14.41	13.95	17.17	14.5	19.25	18.31	12.87	11.58	8.2
Enterprise Value Average	- -	380	268	503	440	427	676	561	903	1,020	874	702	720
Enterprise Value High	- -	395	305	538	457	461	743	671	1,013	1,163	939	818	781
Enterprise Value Low	- -	356	219	470	413	370	583	309	811	879	798	611	661

Shares Outstanding	9	10	16	16	18	25	25	31	31	35	38	40	40
Diluted Weighted Avg Shares	- -	- -	15	16	16	20	25	31	31	33	36	39	40
Basic Weighted Avg Shares	- -	- -	15	16	16	20	25	31	31	33	36	39	40
Revenue per Share	- -	- -	1.5	1.12	1.66	2.15	1.62	1.46	2.82	-0.29	-0.76	1.16	1.42
EBITDA per Share	- -	- -	1.86	1.91	2.16	2.15	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	1.86	1.91	2.16	2.15	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	1.03	0.69	1.18	1.78	1.28	1.16	2.47	-0.61	-1.12	0.82	1.22
Basic EPS from Cont Ops	- -	- -	1.03	0.69	1.18	1.78	1.28	1.16	2.47	-0.61	-1.12	0.82	1.22
Diluted EPS, GAAP	- -	- -	1.03	0.69	1.18	1.78	1.28	1.16	2.47	-0.61	-1.12	0.82	1.22
Diluted EPS from Cont Ops	- -	- -	1.03	0.69	1.18	1.78	1.28	1.16	2.47	-0.61	-1.12	0.82	1.22
Dividend per Share	- -	- -	1.28	1.33	1.39	1.54	1.36	1.49	1.47	1.52	1.54	1.33	1.02
Cash Flow per Share	- -	- -	0.01	-5.69	1.54	-0.87	-7.55	2.08	-4.68	-3.09	2.97	3.91	-1.42
Free Cash Flow per Basic Share	- -	- -	0.01	-5.69	1.54	-0.87	-7.55	2.08	-4.68	-3.09	2.97	3.91	-1.42
Cash & Equivalents per Share	- -	5.73	6.28	2.99	7.3	0.94	0.81	1.24	1.65	1.46	4.08	1.14	0.5
Book Value per Share	- -	14.61	14.21	13.51	13.25	13.5	13.34	12.97	14.01	11.88	9.21	8.61	8.73
Tangible Book Value per Share	- -	14.61	14.21	13.51	13.25	13.5	13.34	12.97	14.01	11.88	9.21	8.61	8.73

TriplePoint Venture Growth BDC Corp.

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Per Share Data Items (USD)