Silver Spike Investment Corp
NASDAQ:SSIC
Intrinsic Value
Silver Spike Investment Corp. operates as a closed-end, non-diversified management investment company. [ Read More ]
The intrinsic value of one SSIC stock under the Base Case scenario is 24.67 USD. Compared to the current market price of 11.44 USD, Silver Spike Investment Corp is Undervalued by 54%.
Valuation Backtest
Silver Spike Investment Corp
Run backtest to discover the historical profit from buying and selling SSIC stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Silver Spike Investment Corp
| Current Assets | 34.4m |
| Cash & Short-Term Investments | 32.6m |
| Receivables | 1.8m |
| Other Current Assets | 39.3k |
| Non-Current Assets | 54.2m |
| Long-Term Investments | 54.1m |
| Other Non-Current Assets | 50k |
| Current Liabilities | 3m |
| Accounts Payable | 112.3k |
| Accrued Liabilities | 721.9k |
| Other Current Liabilities | 2.2m |
| Non-Current Liabilities | -10 |
| Other Non-Current Liabilities | -10 |
Earnings Waterfall
Silver Spike Investment Corp
|
Revenue
|
11.9m
USD
|
|
Cost of Revenue
|
-2.8m
USD
|
|
Gross Profit
|
9.2m
USD
|
|
Operating Expenses
|
-1.8m
USD
|
|
Operating Income
|
7.3m
USD
|
|
Other Expenses
|
0
USD
|
|
Net Income
|
7.3m
USD
|
Free Cash Flow Analysis
Silver Spike Investment Corp
SSIC Profitability Score
Profitability Due Diligence
Silver Spike Investment Corp's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
Score
Silver Spike Investment Corp's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
SSIC Solvency Score
Solvency Due Diligence
Silver Spike Investment Corp's solvency score is 81/100. The higher the solvency score, the more solvent the company is.
Score
Silver Spike Investment Corp's solvency score is 81/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
SSIC Price Targets Summary
Silver Spike Investment Corp
According to Wall Street analysts, the average 1-year price target for SSIC is 11.63 USD with a low forecast of 8.89 USD and a high forecast of 14.7 USD.
Ownership
SSIC Insider Trading
Buy and sell transactions by insiders
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
|
|
|
| 6 Months |
|
|
|
| 9 Months |
|
|
|
| 12 Months |
|
|
|
Shareholder Return
SSIC Price
Silver Spike Investment Corp
| Average Annual Return | -16.25% |
| Standard Deviation of Annual Returns | 22.98% |
| Max Drawdown | -47% |
| Market Capitalization | 71.1m USD |
| Shares Outstanding | 6 214 941 |
| Percentage of Shares Shorted | 1.03% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Silver Spike Investment Corp. operates as a closed-end, non-diversified management investment company. The company is headquartered in New York City, New York. The company went IPO on 2022-01-31. The company is formed to invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. Its investment objective is to maximize risk-adjusted returns on equity for its shareholders. The firm intends to achieve its investment objective by investing primarily in secured debt, unsecured debt, equity warrants and direct equity investments in private leveraged middle-market cannabis companies and other companies in the health and wellness sector. The debt investments will often be secured by either a first or second priority lien on the assets of the portfolio company, can include either fixed or floating rate terms and generally have a term of between three and six years from the original investment date. Silver Spike Capital, LLC is the investment advisor of the Company.
Contact
IPO
Employees
Officers
The intrinsic value of one SSIC stock under the Base Case scenario is 24.67 USD.
Compared to the current market price of 11.44 USD, Silver Spike Investment Corp is Undervalued by 54%.
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