BlackRock TCP Capital Corp.
Description
BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless telecommunication services, apparel, textile mills, restaurants, retailing, energy, oil and gas extraction, Patent owners and Lessors, Federal and Federally- Sponsored Credit agencies, insurance, hospital and healthcare centers, Biotechnology, engineering services, heavy electrical equipment, tax accounting, scientific and related consulting services, charter freight air transportation, Information technology consulting, application hosting services, software diagram and design, computer aided design, communication equipment, electronics manufacturing equipment, computer components, chemicals. It seeks to invest in the United States. The fund typically invests between $10 million and $35 million in companies with enterprise values between $100 million and $1500 million including complex situations. It prefers to make equity investments in companies for an ownership stake.
About
CEO
Mr. Philip M. Tseng
Employees
0
Instrument type
Common Stock
Sector
Financial Services
Industry
Asset Management
MIC code
XNGS
Address
2951 28th Street, Santa Monica, CA 90405, United States
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![Enlarged Chart]()
Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 4, 2025 | — | — | — | — |
| Aug 5, 2025 | — | — | — | — |
| Apr 29, 2025 | — | — | — | — |
| Feb 26, 2025 | 0.38 | — | — | — |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 5 | — | 6 |
| Average estimate | — | 0.38 | — | 1.45 |
| Low estimate | — | 0.35 | — | 1.29 |
| High estimate | — | 0.40 | — | 1.60 |
| Last year EPS | — | 0.45 | — | 1.65 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-15.450%
Next qtr. (Mar 2025)
-16.000%
Current year
-11.080%
Next year (Dec 2025)
-12.160%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 50.67M | 2.80M | 153.40M | 87.08M | 44.06M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 8.09M | 8.19M | 8.13M | 8.52M | 8.74M |
| Other operating expenses | 3.86M | 3.84M | 11.48M | 7.19M | 4.74M |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | 38.72M | -9.23M | 133.79M | 71.37M | 30.58M |
| Tax provision | 247,315 | — | — | — | — |
| Net income | 38.47M | -9.23M | 133.79M | 71.37M | 30.58M |
| Basic EPS | 0.67 | -0.16 | 2.32 | 1.23 | 0.52 |
| Diluted EPS | 0.67 | -0.16 | 2.32 | 1.23 | 0.52 |
| Basic average shares | 57.77M | 57.77M | 57.77M | 57.99M | 58.77M |
| Diluted average shares | 57.77M | 57.77M | 57.77M | 57.99M | 58.77M |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | 38.47M | -9.23M | 133.79M | 71.37M | 30.58M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 112.24M | 82.44M | 19.55M | 20.01M | 44.85M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | 2.27M | 2.83M | 2.67M | 1.58M | 3.01M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | — | — | — | — | — |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | — | — | — | — | — |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 1.55B | 1.61B | 1.84B | 1.63B | 1.65B |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | 11.37M | 14.09M | 39.86M | 43.16M | 23.89M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | — | — | — | — | — |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 985.20M | 944.01M | 1.01B | 850.02M | 907.80M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 57,767 | 57,767 | 57,767 | 57,767 | 58,766 |
| Retained earnings | -280.10M | -221.19M | -137.01M | -215.04M | -221.12M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 687.60M | 746.75M | 829.46M | 764.99M | 776.32M |
| Additional paid in capital | 967.64M | 967.89M | 966.41M | 979.97M | 997.38M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Net Income | 38.47M | -9.23M | 133.79M | 71.37M | 30.58M | 45.48M | 67.93M | 76.32M | 59.07M | 34.55M | 49.53M | 25.93M | 5.18M | 69.01M |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Deferred Taxes | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -12.98M | -14.25M | -5.71M | -13.71M | -21.50M | -19.11M | -21.76M | -18.31M | -19.19M | -9.91M | -5.79M | -5.79M | -8.97M | -6.65M |
| Accounts Receivable | -4.75M | 5.18M | -10.24M | 3.37M | 2.48M | -1.90M | -3.03M | -4.08M | 10.85M | -10.12M | 1.96M | -1.72M | 71,422 | -4.57M |
| Accounts Payable | — | — | — | — | — | 976,335 | 2.76M | 2.10M | 1.40M | 1.08M | 311,736 | 43,565 | -3,934 | 33,547 |
| Other Assets & Liabilities | — | — | — | — | — | -107.09M | -198.39M | -107.38M | -38.06M | -397.46M | -232.83M | -145.04M | 45.07M | -70.42M |
| Operating Cash Flow | 20.75M | -18.29M | 117.85M | 61.03M | 11.56M | -81.65M | -152.49M | -51.35M | 14.08M | -381.87M | -186.82M | -126.57M | 41.36M | -12.60M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing Activities | ||||||||||||||
| Long-Term Debt Issuance | 292.70M | 572.60M | 1.24B | 553.65M | 922.15M | 476.95M | 737.37M | 708.70M | 511.30M | 671.50M | 283.00M | 184.00M | 101.00M | 192.00M |
| Long-Term Debt Payments | -253.42M | -643.19M | -1.09B | -613.99M | -820.00M | -399.95M | -584.50M | -598.50M | -470.33M | -435.50M | -262.00M | -139.00M | -122.00M | -217.00M |
| Other Financing Charges | — | — | — | -6.09M | — | — | — | — | — | — | -1 | — | — | — |
| Financing Cash Flow | -61.24M | -141.07M | 86.57M | -149.14M | 17.41M | -8.73M | 164.73M | 69.31M | -28.50M | 379.01M | 224.58M | 140.64M | -94.68M | -75.71M |
| Other Cash Details | ||||||||||||||
| End Cash Position | 112.24M | 82.44M | 19.55M | 20.01M | 44.85M | 27.92M | 86.63M | 53.58M | 35.63M | 27.27M | 22.98M | 18.04M | 10.83M | 7.75M |
| Income Tax Paid | — | — | — | — | — | 86,106 | 528,603 | 877,879 | 877,879 | — | — | 502,978 | — | 21,751 |
| Interest Paid | — | — | — | — | — | 33.45M | 24.07M | 18.40M | 13.69M | — | — | 147,137 | 325,466 | 201,035 |
| Free Cash Flow | 92.45M | 203.95M | -82.61M | 122.33M | 4.69M | -46.37M | -128.22M | -46.08M | 40.99M | -368.07M | -195.51M | -88.44M | 76.76M | -52.99M |
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