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PIAC (Princeton Capital) Financial Strength : 0 (As of Mar. 2025)


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What is Princeton Capital Financial Strength?

Princeton Capital has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Princeton Capital's interest coverage with the available data. Princeton Capital's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


Princeton Capital Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Princeton Capital's Interest Expense for the months ended in Mar. 2025 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2025 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.00 Mil.

Princeton Capital's Interest Coverage for the quarter that ended in Mar. 2025 is

Princeton Capital had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Princeton Capital Corp has no debt.

2. Debt to revenue ratio. The lower, the better.

Princeton Capital's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / -6.712
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Princeton Capital  (OTCPK:PIAC) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Princeton Capital has the Financial Strength Rank of 0.


Princeton Capital Financial Strength Related Terms

Thank you for viewing the detailed overview of Princeton Capital's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Princeton Capital Business Description

Traded in Other Exchanges
N/A
Address
800 Turnpike Street, Suite 300, North Andover, MA, USA, 01845
Princeton Capital Corp is an externally managed, non-diversified, closed-end investment company that has elected to be treated as a BDC. Its investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments in private small and lower middle-market companies. While the company has sought to invest predominantly in private small and lower middle-market companies in various industries through first-lien loans, second-lien loans, unsecured loans, unitranche ,and mezzanine debt financing, often with a corresponding equity investment, the company is now investing only in current investments and otherwise conserving cash.
Executives
Mark S. Disalvo director, 10 percent owner 800 TURNPIKE STREET, SUITE 300, NORTH ANDOVER MA 01845
Gregory Scott Bennett director 35 PARADISE CLOSE, RED BAY, GEORGE TOWN, GRAND CAYMAN E9 0000
Martin William Laidlaw director WINDWARD 1, REGATTA OFFICER PARK, WEST BAY ROAD, PO BOX 30100, GRAND CAYMAN E9 KY1-1201
Darren Stainrod director FIDELITY FINANCIAL CENTRE, 3RD FLOOR, BOX 2427, WEST BAY ROAD, GRAND CAYMAN E9 KY1-1105
Charles J Newman director, officer: CEO/CFO/Chairman P.O. BOX 25610, SCOTTSDALE AZ 85255
Alfred Jackson director, 10 percent owner ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Gregory J. Cannella officer: CFO, Treasurer and Secretary ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Trennis L Jones director ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Munish Sood director, officer: Chief Executive Officer ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Joy Sheehan officer: Chief Compliance Officer ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Thomas Jr. Jones director ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Capital Point Partners, L.p. 10 percent owner ONE RIVERWAY, SUITE 200, HOUSTON TX 77056
Brodkorb Bernard Leonard Jr director 2560 N RICE STREET, ST PAUL MN 55113