Sector: Financials | Industry: Closed End Funds |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 700 Louisiana Street, 48Th Floor HOUSTON TX 77002 |
Tel: | N/A |
Website: | https://equuscap.com |
IR: | See website |
Key People | ||
John A. Hardy Chief Executive Officer, Director | L'Sheryl D. Hudson Chief Financial Officer, Senior Vice President, Treasurer | Kenneth I. Denos Chief Compliance Officer, Secretary, Director |
Business Overview |
Equus Total Return, Inc. (the Fund) is a closed-end management investment company. The Fund's investment objective is to maximize the total return to the Company's stockholders in the form of current investment income and long-term capital gains by investing in the debt and equity securities of small and middle market capitalization companies that are generally not publicly traded at the time of its investment. It seeks to invest in companies pursuing growth through acquisition or organically, leveraged buyouts, management buyouts and recapitalizations of existing businesses or special situations. The Fund's income-producing investments includes debt securities, including subordinate debt, debt convertible into common or preferred stock, or debt combined with warrants and common and preferred stock. It invests in the portfolio company, Equus Energy, LLC, which makes investments in companies in the energy sector, with particular emphasis on income-producing oil and gas properties. |
Financial Overview |
For the nine months ended 30 September 2023, EQUUS Total Return Inc revenues increased from $0K to $60K. Net income totaled $11.9M vs. loss of $135K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Net change in net unrealized appreciatio increase from $2.5M to $15M (income), Temporary cash investments increase from $0K to $22K (income). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $24.20M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.06M as of Sep 30, 2023 |
EBITDA (TTM): | -$4.13M as of Sep 30, 2023 |
Net annual income (TTM): | $10.90M as of Sep 30, 2023 |
Free cash flow (TTM): | -$20.27M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $4.32M as of Sep 30, 2023 |
Shares outstanding: | 13,518,146 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |