FS Investment is an externally managed, closed-end management investment company. Co. is managed by FB Income Advisor, LLC, a registered investment adviser, which oversees the management of Co.'s operations. Co.'s portfolio is comprised primarily of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans of private U.S. companies. Co. may purchase interests in loans or make other debt investments, including investments in senior secured bonds, through secondary market transactions in the over-the-counter market or directly from its target companies as main market or directly originated investments. We show 20 historical shares outstanding datapoints in our FSIC shares outstanding history coverage, used to compute FSIC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FSIC market cap history over the course of time is important for investors
interested in comparing FSIC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of FSIC versus a peer is one thing; comparing
FSIC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like FSIC can fluctuate over the course of history.
With this page we aim to empower investors researching FSIC by allowing them to research the FSIC market cap history. |
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Video: The Importance of Market Cap
