| Portman Ridge Finance is an internally managed, closed-end investment company. Co. originates, structures and invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies. Also, from time to time Co. may invest in the equity securities of privately held middle market companies. Co. has invested in in asset management companies including Katonah Debt Advisors, L.L.C. (Katonah Debt Advisors) and Trimaran Advisors L.L.C., which manage collateralized loan obligation funds (CLO Funds). Co. invests in debt and subordinated securities issued by CLO Fund Securities, primarily managed by its Katonah Debt Advisors and Trimaran Advisors. We show 39 historical shares outstanding datapoints in our KCAP shares outstanding history coverage, used to compute KCAP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KCAP market cap history over the course of time is important for investors
interested in comparing KCAP'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 KCAP versus a peer is one thing; comparing
KCAP 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 KCAP can fluctuate over the course of history.
With this page we aim to empower investors researching KCAP by allowing them to research the KCAP market cap history.