Financial Snapshot

Revenue
$145.4M
TTM
Gross Margin
90.12%
TTM
Net Earnings
$96.34M
TTM
Current Assets
$107.4M
Q3 2024
Current Liabilities
$61.82M
Q3 2024
Current Ratio
173.73%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$906.6M
Q3 2024
Cash
Q3 2024
P/E
9.141
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $112.4M $105.9M $171.2M $182.1M $221.3M $207.5M $165.0M $111.0M $69.20M $33.00M $5.000M
YoY Change 6.17% -38.17% -5.96% -17.71% 6.65% 25.76% 48.65% 60.4% 109.7% 560.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $112.4M $105.9M $171.2M $182.1M $221.3M $207.5M $165.0M $111.0M $69.20M $33.00M $5.000M
Cost Of Revenue $125.5M $97.24M $79.94M $89.90M $110.6M $96.10M $69.80M $48.40M $31.30M $17.00M $5.400M
Gross Profit $116.1M $110.0M $91.30M $92.30M $110.7M $111.4M $95.20M $62.60M $37.90M $16.00M -$400.0K
Gross Profit Margin 103.28% 103.92% 53.32% 50.69% 50.02% 53.69% 57.7% 56.4% 54.77% 48.48% -8.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $3.684M $4.148M $3.664M $2.900M $2.600M $2.700M $2.800M $2.900M $2.300M $1.800M $1.300M
YoY Change -11.19% 13.21% 26.34% 11.54% -3.7% -3.57% -3.45% 26.09% 27.78% 38.46%
% of Gross Profit 3.17% 3.77% 4.01% 3.14% 2.35% 2.42% 2.94% 4.63% 6.07% 11.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $6.119M $5.977M $4.446M $3.400M $3.000M $3.000M $3.100M $3.000M $2.400M $1.700M $1.200M
YoY Change 2.38% 34.44% 30.76% 13.33% 0.0% -3.23% 3.33% 25.0% 41.18% 41.67%
Operating Profit $110.0M $104.0M $86.85M $88.90M $107.7M $108.4M $92.10M $59.60M $35.50M $14.30M -$1.600M
YoY Change 5.7% 19.79% -2.3% -17.46% -0.65% 17.7% 54.53% 67.89% 148.25% -993.75%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense -$17.69M $43.96M $73.50M -$82.00M -$46.30M -$69.30M -$8.000M $10.20M -$16.90M -$8.600M -$300.0K
YoY Change -140.24% -40.19% -189.64% 77.11% -33.19% 766.25% -178.43% -160.36% 96.51% 2766.67%
% of Operating Profit -16.09% 42.25% 84.63% -92.24% -42.99% -63.93% -8.69% 17.11% -47.61% -60.14%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income $92.28M $85.64M $160.4M $6.800M $61.30M $39.10M $84.20M $69.80M $18.70M $5.600M -$1.900M
YoY Change 7.76% -46.59% 2258.13% -88.91% 56.78% -53.56% 20.63% 273.26% 233.93% -394.74%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0% 0.0%
Net Earnings $92.28M $85.64M $160.4M $6.800M $61.30M $39.10M $84.20M $69.80M $18.70M $5.600M -$1.900M
YoY Change 7.76% -46.59% 2258.13% -88.91% 56.78% -53.56% 20.63% 273.26% 233.93% -394.74%
Net Earnings / Revenue 82.1% 80.89% 93.64% 3.73% 27.7% 18.84% 51.03% 62.88% 27.02% 16.97% -38.0%
Basic Earnings Per Share $1.75 $1.58 $2.89 $0.08
Diluted Earnings Per Share $1.64 $1.49 $2.694M $120.6K $1.018M $625.6K $1.589M $1.928M $754.0K $427.5K -$633.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $60.45M $30.51M $93.07M $68.40M $36.80M $87.20M $32.00M $38.50M $41.80M $8.800M $42.00M
YoY Change 98.15% -67.22% 36.07% 85.87% -57.8% 172.5% -16.88% -7.89% 375.0% -79.05%
Cash & Equivalents $60.45M $30.51M $93.07M $68.40M $36.80M $87.20M $32.00M $38.50M $41.80M $8.800M $42.00M
Short-Term Investments
Other Short-Term Assets $6.489M $5.763M $1.484M $800.0K $300.0K $100.0K $100.0K $0.00 $400.0K $200.0K $0.00
YoY Change 12.6% 288.34% 85.5% 166.67% 200.0% 0.0% -100.0% 100.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $100.7M $61.82M $114.6M $92.60M $59.60M $108.6M $50.20M $64.10M $47.50M $13.50M $43.70M
YoY Change 62.89% -46.07% 23.78% 55.37% -45.12% 116.33% -21.68% 34.95% 251.85% -69.11%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.842B $1.980B $1.914B $1.826B $2.124B $1.972B $1.968B $1.423B $1.053B $698.7M $212.8M
YoY Change -6.97% 3.46% 4.78% -14.02% 7.7% 0.23% 38.29% 35.16% 50.67% 228.34%
Other Assets $3.066M $3.600M $4.000M $4.000M $3.600M $3.300M $6.200M $4.600M $4.400M
YoY Change -14.83% -10.0% 0.0% 11.11% 9.09% -46.77% 34.78% 4.55%
Total Long-Term Assets $1.842B $1.980B $1.917B $1.830B $2.128B $1.976B $1.971B $1.426B $1.059B $703.2M $217.3M
YoY Change -6.97% 3.29% 4.74% -14.0% 7.68% 0.25% 38.22% 34.68% 50.58% 223.61%
Total Assets $1.943B $2.042B $2.031B $1.923B $2.188B $2.085B $2.021B $1.490B $1.106B $716.7M $261.0M
YoY Change
Accounts Payable $16.06M $14.39M $12.30M $11.60M $13.30M $13.90M $13.20M $8.300M $5.400M $6.400M $800.0K
YoY Change 11.58% 17.0% 6.04% -12.78% -4.32% 5.3% 59.04% 53.7% -15.63% 700.0%
Accrued Expenses $11.20M $9.957M $5.195M $5.000M $8.200M $9.300M $6.900M $4.800M $3.500M $2.000M $1.200M
YoY Change 12.52% 91.67% 3.9% -39.02% -11.83% 34.78% 43.75% 37.14% 75.0% 66.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $270.8M $273.0M $0.00 $0.00
YoY Change -100.0% -0.81%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $49.58M $47.08M $38.52M $37.30M $53.30M $60.80M $60.10M $304.1M $300.4M $70.10M $8.200M
YoY Change 5.31% 22.21% 3.28% -30.02% -12.34% 1.16% -80.24% 1.23% 328.53% 754.88%
Long-Term Debt $980.2M $1.077B $1.044B $983.9M $1.178B $960.7M $833.9M $421.9M $234.3M $308.4M $66.80M
YoY Change -9.01% 3.18% 6.11% -16.46% 22.6% 15.21% 97.65% 80.07% -24.03% 361.68%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $980.2M $1.077B $1.044B $983.9M $1.178B $960.7M $833.9M $421.9M $234.3M $308.4M $66.80M
YoY Change -9.01% 3.18% 6.11% -16.46% 22.6% 15.21% 97.65% 80.07% -24.03% 361.68%
Total Liabilities $1.030B $1.124B $1.083B $1.021B $1.231B $1.022B $894.1M $726.0M $534.7M $378.5M $75.00M
YoY Change -8.41% 3.85% 6.0% -17.04% 20.52% 14.25% 23.15% 35.78% 41.27% 404.67%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 50.82M shares 52.11M shares 54.24M shares 56.42M shares 60.19M shares 62.53M shares 53.00M shares 36.15M shares 24.83M shares 13.09M shares
Diluted Shares Outstanding 56.31M shares 57.48M shares 59.53M shares 56.42M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $880.68 Million

About Carlyle Secured Lending, Inc.

Carlyle Secured Lending is an externally managed specialized finance company specializing in providing flexible lending options to middle-market companies primarily in the United States. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2017-06-14. The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through assembling a portfolio of secured debt investments in United States middle market companies. The firm seeks to achieve its investment objective primarily through direct origination of secured debt instruments, including first lien senior secured loans (which may include stand-alone first lien loans, first lien/last out loans and unitranche loans) and second lien senior secured loans (collectively, Middle Market Senior Loans), with a minority of its assets invested in higher yielding investments (which may include unsecured debt, subordinated debt and investments in equities and structured products). The firm is externally managed by its investment adviser, Carlyle Global Credit Investment Management L.L.C.

Industry: UNKNOWN Peers: Associated Capital Group, Inc. DIAMOND HILL INVESTMENT GROUP INC BlackRock TCP Capital Corp. Blackstone Inc. BrightSphere Investment Group Inc. Crescent Capital BDC, Inc. WisdomTree, Inc. Sculptor Capital Management, Inc. PennantPark Floating Rate Capital Ltd. Pzena Investment Management, Inc.