FS KKR Capital Corp (N:FSK)

Business Focus: Closed End Funds

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
Independent Chairman of the Board, Chief Executive Officer
Todd C. Builione
President, Director
William Goebel
Chief Financial Officer
Zachary K. Klehr
Executive Vice President
James Francis Volk
Chief Compliance Officer
Stephen S Sypherd
Vice President, Treasurer, Secretary
Sean K. Coleman
Managing Director
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 six months ended 30 June 2019, FS KKR Capital Corp revenues increased 100% to $394M. Net income totaled $202M vs. loss of $18.4M. Revenues reflect Interest income unaffiliated increase of 95% to $298M, Fee income - unaffiliated increase from $5.4M to $19M, Interest income affiliated increase from $3.7M to $11M. Net Income reflects Net change in unrealized appreciation (d increase from $99M (expense) to $19M (income).
Reporting Currency: U.S. Dollars
Enterprise value: $6,305M as of Jun 30, 2019
Annual revenue (TTM): $591.41M as of Jun 30, 2019
EBITDA (TTM): $311.50M as of Jun 30, 2019
Net annual income (TTM): $789.41M as of Jun 30, 2019
Free cash flow (TTM): $95.81M as of Jun 30, 2019
Net Debt Last Fiscal Year: $3,230M as of Jun 30, 2019
Shares outstanding: 518,543,564 as of Aug 6, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization