USD 11.44
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| RWAY | 0.4 | 0.3 | 8.4 | 6.4 | -3.0 | -13.0 | -11.0 | -11.3 | -11.3 | -11.3 |
| S&P 500 | 1.0 | 0.6 | 1.1 | 2.4 | 8.9 | 23.6 | 36.4 | 80.6 | 195.1 | 33856.2 |
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| Attribute | Value |
|---|---|
| symbol | RWAY |
| name | Runway Growth Finance Corp. |
| price | 11.44 |
| changes percentage | 0.439 |
| change | 0.05 |
| day low | 11.4 |
| day high | 11.49 |
| year high | 13.74 |
| year low | 9.87 |
| market cap | 427851699 |
| price avg 50 | 10.6086 |
| price avg 200 | 11.179025 |
| exchange | NASDAQ |
| volume | 299090 |
| avg volume | 374378 |
| open | 11.41 |
| previous close | 11.39 |
| eps | 1.03 |
| pe | 11.11 |
| earnings announcement | 2025-02-27T12:00:00.000+0000 |
| shares outstanding | 37399624 |
| timestamp | 2025-01-17 21:00:01 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001653384 | |||
| revenue | 145822000 | 42185000 | 245.67 |
| gross profit | 110065000 | 16462000 | 568.60 |
| gross profit ratio | 0.75 | 0.39 | 93.42 |
| research and development expenses | 0 | 0.3 | -100.00 |
| operating expenses | 55876000 | 9935000 | 462.42 |
| interest income | 159085000 | 105020000 | 51.48 |
| interest expense | 38642000 | 13756000 | 180.91 |
| ebitda | -33934000 | 0 | NaN |
| ebitdaratio | -0.23 | 2.21 | -110.54 |
| operating income | 87484000 | 73552000 | 18.94 |
| operating income ratio | 0.6 | 1.74 | -65.59 |
| net income | 44341000 | 4704000 | 842.62 |
| net income ratio | 0.3 | 0.11 | 172.69 |
| eps | 1.09 | 0.11 | 890.91 |
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001653384 | |||
| revenue | 36651000 | 34193000 | 7.19 |
| gross profit | 36651000 | 26126000 | 40.29 |
| gross profit ratio | 1 | 0.76 | 30.88 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 20776000 | 1140000 | 1722.46 |
| interest income | 32253000 | 33865000 | -4.76 |
| interest expense | 11379000 | 10867000 | 4.71 |
| ebitda | 0 | 0 | NaN |
| ebitdaratio | 0 | 0 | NaN |
| operating income | 15875000 | 25664000 | -38.14 |
| operating income ratio | 0.43 | 0.75 | -42.29 |
| net income | 25049000 | 8291000 | 202.12 |
| net income ratio | 0.68 | 0.24 | 181.86 |
| eps | 0.65 | 0.21 | 209.52 |
Revenue Growth: revenue increased to 37 million in 2024Q3 from 34 million in 2024Q2 representing a change of 7.19%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 37 million in 2024Q3 from 26 million in 2024Q2 representing a change of 40.29%. This indicates a sales profitability growth, which is a positive sign for the company.
Earnings per Share (EPS): EPS increased to 0.65 in 2024Q3 from 0.65 in 2024Q2 representing a change of 209.52%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
Operating Expenses: Operating Expenses increased to 21 million in 2024Q3 from 1 million in 2024Q2 representing a change of 1722.46%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
Operating Income: Operating income decreased to 16 million in 2024Q3 from 26 million in 2024Q2 representing a change of -38.14%. The decrease in operating income indicates worse operational performance and decreased profitability.
Net Income: Net income decreased to 25 million in 2024Q3 from 8 million in 2024Q2 representing a change of 202.12%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001653384 | |||
| total assets | 1079153000 | 1141766000 | -5.48 |
| total liabilities | 532082000 | 565714000 | -5.95 |
| total equity | 547071000 | 1119248000 | -51.12 |
| cash and cash equivalents | 2970000 | 5761000 | -48.45 |
| short term investments | 41999000 | 1114935000 | -96.23 |
| long term investments | 1025010000 | 1126309000 | -8.99 |
| total current assets | 53238000 | 1127437000 | -95.28 |
| total non current assets | 1025915000 | 1126309000 | -8.91 |
| total current liabilities | 19264000 | 6221000 | 209.66 |
| total non current liabilities | 510078000 | 6221000 | 8099.29 |
| common stock | 414000 | 414000 | 0.00 |
| retained earnings | -47637000 | -19320000 | -146.57 |
| total debt | 510078000 | 548957000 | -7.08 |
Total Assets: Total Assets decreased to 1,079 million in 2023 from 1,142 million in 2022 representing a change of -5.48%. Suggesting a decrease in asset holdings.
Total Equity: Total Equity decreased to 547 million in 2023 from 1,119 million in 2022 representing a change of -51.12%. This indicates a decrease in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 3 million in 2023 from 6 million in 2022 representing a change of -48.45%. This indicates a decrease in available liquid assets.
Short Term Investments: Short Term Investments decreased to 42 million in 2023 from 1,115 million in 2022 representing a change of -96.23%. This indicates a decrease in short-term investment holdings.
Total Current Assets: Total Current Assets decreased to 53 million in 2023 from 1,127 million in 2022 representing a change of -95.28%. This indicates a worsen liquidity position.
Total Current Liabilities: Total Current Liabilities increased to 19 million in 2023 from 6 million in 2022 representing a change of 209.66%. This indicates a higher short-term debt burden.
Retained Earnings: Retained Earnings decreased to -48 million in 2023 from -19 million in 2022 representing a change of -146.57%. This indicates an accumulated losses.
Total Liabilities: Total Liabilities decreased to 532 million in 2023 from 566 million in 2022 representing a change of -5.95%. This indicates a decrease in overall liabilities.
Total Debt: Total Debt decreased to 510 million in 2023 from 549 million in 2022 representing a change of -7.08%. This indicates a reduction in overall debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001653384 | |||
| total assets | 1075578000 | 1078236000 | -0.25 |
| total liabilities | 568220000 | 571852000 | -0.64 |
| total equity | 507358000 | 506384000 | 0.19 |
| cash and cash equivalents | 3617000 | 8810000 | -58.94 |
| short term investments | 0 | 0 | NaN |
| long term investments | 1066100000 | 0 | NaN |
| total current assets | 9270000 | 14570000 | -36.38 |
| total non current assets | 1066100000 | 0 | NaN |
| total current liabilities | 23740000 | 20875000 | 13.72 |
| total non current liabilities | 0 | 548688000 | -100.00 |
| common stock | 414000 | 414000 | 0.00 |
| retained earnings | -57169000 | -64872000 | 11.87 |
| total debt | 0 | 548688000 | -100.00 |
Total Assets: Total Assets decreased to 1,076 million in 2024Q3 from 1,078 million in 2024Q2 representing a change of -0.25%. Suggesting a decrease in asset holdings.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 4 million in 2024Q3 from 9 million in 2024Q2 representing a change of -58.94%. This indicates a decrease in available liquid assets.
Total Current Assets: Total Current Assets decreased to 9 million in 2024Q3 from 15 million in 2024Q2 representing a change of -36.38%. This indicates a worsen liquidity position.
Total Current Liabilities: Total Current Liabilities increased to 24 million in 2024Q3 from 21 million in 2024Q2 representing a change of 13.72%. This indicates a higher short-term debt burden.
Total Liabilities: Total Liabilities decreased to 568 million in 2024Q3 from 572 million in 2024Q2 representing a change of -0.64%. This indicates a decrease in overall liabilities.
Total Equity: Total Equity increased to 507 million in 2024Q3 from 506 million in 2024Q2 representing a change of 0.19%. This indicates an increase in shareholders' equity.
Retained Earnings: Retained Earnings increased to -57 million in 2024Q3 from -65 million in 2024Q2 representing a change of 11.87%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 0 million in 2024Q3 from 549 million in 2024Q2 representing a change of -100.0%. This indicates a reduction in overall debt burden.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001653384 | |||
| net change in cash | -2791000 | 1064000 | -362.31 |
| operating cash flow | 112437000 | -359846000 | 131.25 |
| free cash flow | 112437000 | -359846000 | 131.25 |
| capital expenditure | 0 | 0 | NaN |
| depreciation and amortization | 0 | 19622000 | -100.00 |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 0 | 0 | NaN |
| accounts payables | 0 | 0 | NaN |
| inventory | 0 | 0 | NaN |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | 0 | 0 | NaN |
| net cash used for investing activites | 0 | -453821000 | 100.00 |
| debt repayment | -40000000 | 478250000 | -108.36 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | 0 | -10816000 | 100.00 |
| dividends paid | -73322000 | -51593000 | -42.12 |
| net cash used provided by financing activities | -115228000 | 360910000 | -131.93 |
| cash at end of period | 2970000 | 5761000 | -48.45 |
| accounts receivables | 497000 | -4372000 | 111.37 |
| cash at beginning of period | 5761000 | 4697000 | 22.65 |
Net Change in Cash: Net Change in Cash decreased to -3 million in 2023 from 1 million in 2022 representing a change of -362.31%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Accounts Receivables: Accounts Receivables increased to 0 in 2023 from -4 million in 2022 representing a change of 111.37%. This suggests that the company is less capable of collecting payments from its customers.
Dividends Paid: Dividends Paid decreased to -73 million in 2023 from -52 million in 2022 representing a change of -42.12%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
Operating Cash Flow: Operating Cash Flow increased to 112 million in 2023 from -360 million in 2022 representing a change of 131.25%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 112 million in 2023 from -360 million in 2022 representing a change of 131.25%. This indicates an increase in cash generated after accounting for capital expenditures.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001653384 | |||
| operating cash flow | 25915000 | 10093000 | 156.76 |
| free cash flow | 25915000 | 10093000 | 156.76 |
| capital expenditure | 0 | 0 | NaN |
| depreciation and amortization | 0 | 0 | NaN |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 0 | 0 | NaN |
| accounts receivables | 107000 | 1086000 | -90.15 |
| accounts payables | 0 | 0 | NaN |
| inventory | 0 | 0 | NaN |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | 0 | 0 | NaN |
| net cash used for investing activites | -88495000 | 0 | NaN |
| debt repayment | -7000000 | 72000000 | -109.72 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -6728000 | -12841000 | 47.61 |
| dividends paid | -17346000 | -18535000 | 6.41 |
| net cash used provided by financing activities | -31108000 | 40540000 | -176.73 |
| net change in cash | -5193000 | 1895000 | -374.04 |
| cash at end of period | 3617000 | 8810000 | -58.94 |
| cash at beginning of period | 8810000 | 6915000 | 27.40 |
Net Change in Cash: Net Change in Cash decreased to -5 million in 2024Q3 from 2 million in 2024Q2 representing a change of -374.04%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 26 million in 2024Q3 from 10 million in 2024Q2 representing a change of 156.76%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 26 million in 2024Q3 from 10 million in 2024Q2 representing a change of 156.76%. This indicates an increase in cash generated after accounting for capital expenditures.
Accounts Receivables: Accounts Receivables decreased to 0 million in 2024Q3 from 1 million in 2024Q2 representing a change of -90.15%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Dividends Paid: Dividends Paid increased to -17 million in 2024Q3 from -19 million in 2024Q2 representing a change of 6.41%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 3.6 | 1.03 | 249.61 |
| net income per share | 1.09 | 0.11 | 853.37 |
| operating cash flow per share | 2.78 | -8.78 | 131.60 |
| free cash flow per share | 2.78 | -8.78 | 131.60 |
| cash per share | 1.11 | 27.35 | -95.94 |
| book value per share | 13.5 | 14.06 | -3.95 |
| tangible book value per share | 13.5 | 14.06 | -3.95 |
| shareholders equity per share | 13.5 | 14.06 | -3.95 |
| interest debt per share | 13.55 | 13.73 | -1.37 |
| market cap | 511226974.78 | 474856694.78 | 7.66 |
| enterprise value | 1018334974.78 | 1018052694.78 | 0.03 |
| pe ratio | 11.53 | 100.95 | -88.58 |
| price to sales ratio | 3.51 | 11.26 | -68.86 |
| pocfratio | 4.55 | -1.32 | 444.56 |
| pfcf ratio | 4.55 | -1.32 | 444.56 |
| pb ratio | 0.93 | 0.82 | 13.36 |
| ptb ratio | 0.93 | 0.82 | 13.36 |
| ev to sales | 6.98 | 24.13 | -71.06 |
| enterprise value over ebitda | -30.01 | 0 | NaN |
| ev to operating cash flow | 9.06 | -2.83 | 420.13 |
| ev to free cash flow | 9.06 | -2.83 | 420.13 |
| earnings yield | 0.09 | 0.01 | 775.56 |
| free cash flow yield | 0.22 | -0.76 | 129.02 |
| debt to equity | 0.93 | 0.95 | -2.16 |
| debt to assets | 0.47 | 0.48 | -1.69 |
| net debt to ebitda | -14.94 | 0 | NaN |
| current ratio | 2.76 | 181.23 | -98.48 |
| interest coverage | 2.26 | 5.35 | -57.66 |
| income quality | 2.54 | -11.16 | 122.73 |
| dividend yield | 0.14 | 0.11 | 32.01 |
| payout ratio | 1.65 | 10.97 | -84.92 |
| sales general and administrative to revenue | 0.28 | 0.16 | 75.31 |
| research and ddevelopement to revenue | 0 | 0.0 | -100.00 |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | 0 | 0 | NaN |
| capex to revenue | 0 | 0 | NaN |
| capex to depreciation | 0 | 0 | NaN |
| stock based compensation to revenue | 0 | 0 | NaN |
| graham number | 18.24 | 6.03 | 202.61 |
| roic | 0.08 | 0.0 | 1629.18 |
| return on tangible assets | 0.04 | 0.0 | 897.31 |
| graham net net | -11.87 | 13.86 | -185.66 |
| working capital | 33974000 | 1121216000 | -96.97 |
| tangible asset value | 547071000 | 576052000 | -5.03 |
| net current asset value | -478844000 | 561723000 | -185.25 |
| invested capital | 33974000 | 1121216000 | -96.97 |
| average receivables | 8517500 | 5975372.5 | 42.54 |
| average payables | 6492500 | 25622500 | -74.66 |
| average inventory | 6251000 | 32692469 | -80.88 |
| days sales outstanding | 20.7 | 75.85 | -72.71 |
| days payables outstanding | 69.05 | 88.27 | -21.78 |
| days of inventory on hand | 0 | 177.4 | -100.00 |
| receivables turnover | 17.63 | 4.81 | 266.45 |
| payables turnover | 5.29 | 4.13 | 27.85 |
| inventory turnover | 0 | 2.06 | -100.00 |
| roe | 0.08 | 0.01 | 892.56 |
| capex per share | 0 | 0 | NaN |
ROE:
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 11.53 on 2023-12-31 from 100.95 on 2022-12-31, representing a change of -88.58%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 2.76 on 2023-12-31 from 181.23 on 2022-12-31, representing a change of -98.48%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.93 on 2023-12-31 from 0.95 on 2022-12-31, representing a change of -2.16%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| RWAY | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 0.95 | 0.87 | 9.39 |
| net income per share | 0.65 | 0.21 | 208.34 |
| operating cash flow per share | 0.68 | 0.26 | 162.05 |
| free cash flow per share | 0.68 | 0.26 | 162.05 |
| cash per share | 0.09 | 0.22 | -58.10 |
| book value per share | 13.22 | 12.92 | 2.25 |
| tangible book value per share | 13.22 | 12.92 | 2.25 |
| shareholders equity per share | 13.22 | 12.92 | 2.25 |
| interest debt per share | 0.3 | 14.28 | -97.92 |
| market cap | 395041887.66 | 459198589.24 | -13.97 |
| enterprise value | 391424887.66 | 999076589.24 | -60.82 |
| pe ratio | 3.94 | 13.85 | -71.53 |
| price to sales ratio | 10.78 | 13.43 | -19.74 |
| pocfratio | 15.24 | 45.5 | -66.49 |
| pfcf ratio | 15.24 | 45.5 | -66.49 |
| pb ratio | 0.78 | 0.91 | -14.14 |
| ptb ratio | 0.78 | 0.91 | -14.14 |
| ev to sales | 10.68 | 29.22 | -63.45 |
| enterprise value over ebitda | 0 | 0 | NaN |
| ev to operating cash flow | 15.1 | 98.99 | -84.74 |
| ev to free cash flow | 15.1 | 98.99 | -84.74 |
| earnings yield | 0.06 | 0.02 | 251.19 |
| free cash flow yield | 0.07 | 0.02 | 198.46 |
| debt to equity | 0 | 1.08 | -100.00 |
| debt to assets | 0 | 0.51 | -100.00 |
| net debt to ebitda | 0 | 0 | NaN |
| current ratio | 0.39 | 0.7 | -44.05 |
| interest coverage | 1.4 | 2.36 | -40.93 |
| income quality | 1.03 | 1.22 | -15.01 |
| dividend yield | 0.04 | 0.04 | 8.78 |
| payout ratio | 0.69 | 2.24 | -69.02 |
| sales general and administrative to revenue | 0.01 | 0.03 | -56.79 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | 0 | 0 | NaN |
| capex to revenue | 0 | 0 | NaN |
| capex to depreciation | 0 | 0 | NaN |
| stock based compensation to revenue | 0 | 0 | NaN |
| graham number | 13.93 | 7.84 | 77.56 |
| roic | 0.02 | -4.07 | 100.37 |
| return on tangible assets | 0.02 | 0.01 | 202.87 |
| graham net net | -14.6 | -14.26 | -2.36 |
| working capital | -14470000 | -6305000 | -129.50 |
| tangible asset value | 507358000 | 506384000 | 0.19 |
| net current asset value | -558950000 | -557282000 | -0.30 |
| invested capital | -14470000 | -6305000 | -129.50 |
| average receivables | 5706500 | 6303000 | -9.46 |
| average payables | 7910000 | 7472500 | 5.85 |
| average inventory | 0 | 17140500 | -100.00 |
| days sales outstanding | 13.88 | 15.16 | -8.44 |
| days payables outstanding | 0 | 78.21 | -100.00 |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 6.48 | 5.94 | 9.22 |
| payables turnover | 0 | 1.15 | -100.00 |
| inventory turnover | 0 | 0 | NaN |
| roe | 0.05 | 0.02 | 201.54 |
| capex per share | 0 | 0 | NaN |
ROE: Return on Equity (ROE) increased to 0.05 on 2024-09-30 Q3 from 0.02 on 2024-06-30 Q2, representing a change of 201.54%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 3.94 on 2024-09-30 Q3 from 13.85 on 2024-06-30 Q2, representing a change of -71.53%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.39 on 2024-09-30 Q3 from 0.70 on 2024-06-30 Q2, representing a change of -44.05%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-09-30 Q3 from 1.08 on 2024-06-30 Q2, representing a change of -100.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
None
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2025-01-20 09:39:38
Runway Growth Finance Corp (RWAY) is a BDC focusing on senior-secured loans to late-stage growth companies, with its manager recently acquired by BC Partners. RWAY's balance sheet shows $1 billion in assets, $0.56 billion in liabilities, and a high debt/equity ratio of 108%. The BDC's credit facility is set to end its availability. The BDC over-distributes, leading to NAV erosion and market penalization, trading at 84% of book value due to unsustainable high distribution yields.
Sentiment: Positive
Publish Date: 2025-01-16 08:30:00
MENLO PARK, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the fourth quarter ended December 31, 2024.
Sentiment: Positive
Publish Date: 2025-01-11 08:18:51
Investors love dividend stocks, especially the ultra-high-yield variety because they offer a significant income stream and have massive total return potential.
Sentiment: Positive
Publish Date: 2025-01-09 08:30:00
Funding will enable VertexOne to optimize its platform, expand market presence, and support the acquisition of Accelerated Innovations. MENLO PARK, Calif.
Sentiment: Neutral
Publish Date: 2024-12-13 20:30:00
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
Sentiment: Positive
Publish Date: 2024-12-02 16:52:35
Runway Growth Finance Corp. offers a unique BDC opportunity with a 15.4% annual yield, targeting late-stage VC-backed companies. RWAY's portfolio is diversified across 52 companies, primarily in the tech sector, with 92.5% in senior secured loans and 5.6% in equity. Despite potential dividend cuts due to rate changes, management appears optimistic about growth, supported by a recent adviser merger with BC Partners.
Sentiment: Positive
Publish Date: 2024-11-29 05:51:15
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on high earnings yield and high dividend yield, creating a resilient portfolio for both downturns and bull markets. Analysts project significant gains for the top ten DiviPower stocks by November 2025, with potential net gains ranging from 55.4% to 108.51%.
Sentiment: Positive
Publish Date: 2024-11-13 08:30:00
The funding will enable Snap! Mobile to cement its market leadership position and expand its reach to support more schools and organizations in need of effective fundraising solutions.
Sentiment: Positive
Publish Date: 2024-11-12 21:31:37
Runway Growth Finance Corp. (NASDAQ:RWAY ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Quinlan Abel - Assistant VP, IR David Spreng - Chairman, President, & CEO Greg Greifeld - MD, Deputy CIO & Head, Credit of Runway Growth Capital Tom Raterman - CFO & COO Conference Call Participants Finian O'Shea - WFS Melissa Wedel - JPMorgan Mickey Schleien - Ladenburg Thalmann Operator Ladies and gentlemen, thank you for standing by, and welcome to the Runway Growth Finance Third Quarter 2024 Earnings Conference Call. Please be advised that today's conference is being recorded.
Sentiment: Positive
Publish Date: 2024-11-12 18:21:20
Runway Growth Finance Corp. (RWAY) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.54 per share a year ago.
Sentiment: Positive
Publish Date: 2024-11-12 16:05:00
Delivered Total and Net Investment Income of $36.7 million and $15.9 million, RespectivelyInvestment Portfolio of $1.1 billionConference Call Today, Tuesday, November 12, 2024, at 5:00 p.m. ET
Sentiment: Positive
Publish Date: 2024-11-05 16:15:00
MENLO PARK, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a fourth quarter 2024 regular cash distribution of $0.40 per share.
Sentiment: Positive
Publish Date: 2024-11-05 11:20:07
24/7 Wall Street Insights Dividend stocks offer some of the most flexible options to suit investors of all types who seek passive income.
Sentiment: Positive
Publish Date: 2024-11-05 11:05:27
Runway Growth Finance Corp. (RWAY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sentiment: Positive
Publish Date: 2024-10-31 18:40:00
BC Partners Credit agreed to indirectly acquire a majority stake in Runway Growth Capital LLC, an SEC registered investment adviser, managing approximately $1.4 billion in private credit assets
Sentiment: Positive
Publish Date: 2024-10-31 17:45:00
BC Partners' credit arm to acquire Runway Growth Capital as a long-term, strategic investment, complementing BC's existing platform across private lending, opportunistic credit and specialty finance Runway Growth Capital will continue to operate independently and serve as the external investment adviser to Runway Growth Finance, a publicly traded business development company, with the current leadership and investment teams remaining in place Transaction will expand origination channels, enhance investment solutions, and accelerate capital formation and fundraising capabilities as Runway Growth Capital seeks to strengthen the venture ecosystem MENLO PARK, Calif. and NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, and BC Partners Credit, the $8 billion credit arm of BC Partners, an approximately $40 billion AUM alternative investment firm, today announced a definitive agreement whereby BC Partners Credit will acquire Runway.
Sentiment: Positive
Publish Date: 2024-10-29 16:15:00
Runway's recognition highlights its unwavering support for entrepreneurs through minimally dilutive capital solutions. MENLO PARK, Calif.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
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