FS KKR Capital Corp (N:FSK)

Sector:  Financials Industry:  Closed End Funds
See Regulatory Filings on SEC
Company Contact
Address: 201 Rouse Blvd
Tel: 1-267-4394375
Website: https://fskkrcapitalcorp.com
IR: See website
Key People
Michael C. Forman
Chairman of the Board, Chief Executive Officer
Daniel Pietrzak
Co-President, Chief Information Officer
Brian Gerson
William Goebel
Chief Financial Officer, Treasurer
Steven C. Lilly
Chief Financial Officer
James Francis Volk
Chief Compliance Officer
Stephen S. Sypherd
General Counsel, Secretary
Drew OToole
Co-Chief Operating Officer
Ryan Wilson
Co-Chief Operating Officer
Business Overview
FS KKR Capital Corp, formerly FS Investment Corporation is an externally managed, non-diversified, closed-end management investment company. The Company's investment objectives are to generate current income and long-term capital appreciation. Its portfolio consists primarily of investments in senior secured loans and second lien secured loans of the private United States middle market companies and subordinated loans of the private United States companies. It 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 target companies as primary market or directly originated investments. It invests in a range of industries, including capital goods; consumer services; consumer durables and apparel; materials; commercial and professional services, and diversified financials. Its investment advisor is FB Income Advisor, LLC.
Financial Overview
For the nine months ended 30 September 2019, FS KKR Capital Corp revenues increased from $291.1M to $593M. Net income totaled $273M vs. loss of $29.8M. Revenues reflect Interest income unaffiliated increase of 99% to $451M, Fee income - unaffiliated increase from $9.8M to $26M, Interest income affiliated increase from $4.5M to $18M. Net Income reflects Net change in unrealized appreciation (d decrease of 73% to $54M (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $6,407M as of Sep 30, 2019
Annual revenue (TTM): $695.89M as of Sep 30, 2019
EBITDA (TTM): $370.42M as of Sep 30, 2019
Net annual income (TTM): $871.75M as of Sep 30, 2019
Free cash flow (TTM): -$81.98M as of Sep 30, 2019
Net Debt Last Fiscal Year: $3,393M as of Sep 30, 2019
Shares outstanding: 509,072,685 as of Nov 6, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization