Earnings release
Page 1
EX - 99.1 2 ex991psecmarch2021earnings.htm Prospect Capital Releases March 2021 Quarterly Results , Announces Net Investment Income of $ 0.19 and 5 % Increase in Net Asset Value per Common Share , and Declares Stable Monthly Cash Common and Preferred Share Distributions NEW YORK , May 10 , 2021 ( GLOBE NEWSWIRE ) Prospect Capital Corporation ( NASDAQ : PSEC ) ( " Prospect " , " our " , or " we " ) today announced financial results for our fiscal quarter ended March 31 , 2021 . FINANCIAL RESULTS All amounts in $ 000's except per share amounts ( on weighted average basis for period numbers ) Net Investment Income ( " NII " ) Basic NII per Common Share Interest as % of Total Investment Income Net Income ( Loss ) attributable to Common Stockholders Basic Net Income ( Loss ) per Common Share Distributions to Common Shareholders Distributions per Common Share Since Oct 2017 NII per Common Share Since Oct 2017 Distributions per Common Share Since Oct 2017 NII Less Distributions per Common Share Net Asset Value ( “ NAV ” ) to Common Shareholders NAV per Common Share EX - 99.1 Net of Cash Debt to Equity Ratio ( ¹ ) Net of Cash Asset Coverage of Debt Ratio Unsecured Debt as % of Total Debt Unsecured and Non - Recourse Debt as % of Total Debt ( 1 ) Including our preferred stock as equity . Quarter Ended March 31 , 2021 $ 73,402 $ 0.19 87.5 % $ 246,008 $ 0.64 $ 69,603 $ 0.18 $ 2.74 $ 2.52 $ 0.22 $ 3,634,940 $ 9.38 56.5 % 276 % 84.3 % 100.0 % Quarter Ended December 31 , 2020 $ 81,561 $ 0.21 84.0 % $ 305,921 $ 0.80 $ 68,824 $ 0.18 $ 2.55 $ 2.34 $ 0.21 $ 3,442,734 $ 8.96 61.1 % 262 % 86.8 % 100.0 % Quarter Ended March 31 , 2020 $ 68,476 89.8 % $ 0.19 89.8 % ( $ 185,699 ) ( $ 0.51 ) $ 66,192 $ 0.18 $ 2.04 $ 1.80 $ 0.24 $ 2,933,375 $ 7.98 74.1 % 236 % 92.5 % 100 % 233 % 92.5 % 100.0 %