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Crescent Capital BDC (Crescent Capital BDC) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


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What is Crescent Capital BDC Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Crescent Capital BDC does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Crescent Capital BDC's Owner Earnings per Share (TTM) or its related term are showing as below:



CCAP's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.35
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Crescent Capital BDC's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.84. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.30. It's PE Ratio ratio for today is 7.54.

Crescent Capital BDC's EPS without NRI for the three months ended in Dec. 2023 was $0.84. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $2.30. It's PE Ratio without NRI ratio for today is 7.54.


Crescent Capital BDC Owner Earnings per Share (TTM) Historical Data

The historical data trend for Crescent Capital BDC's Owner Earnings per Share (TTM) can be seen below:

* 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.

* Premium members only.

Crescent Capital BDC Owner Earnings per Share (TTM) Chart

Crescent Capital BDC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
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Crescent Capital BDC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Crescent Capital BDC's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Crescent Capital BDC's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crescent Capital BDC's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Crescent Capital BDC's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Crescent Capital BDC's Price-to-Owner-Earnings falls into.



Crescent Capital BDC Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Crescent Capital BDC does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Crescent Capital BDC Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Crescent Capital BDC's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Crescent Capital BDC (Crescent Capital BDC) Business Description

Traded in Other Exchanges
Address
11100 Santa Monica Boulevard, Suite 2000, Los Angeles, CA, USA, 90025
Crescent Capital BDC Inc is a business development company structured as an externally managed, closed-end, non-diversified management investment company. The company's primary 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. It will seek to achieve its investment objectives by investing in secured debt (including senior secured, unitranche, and second lien debt) and unsecured debt (including senior unsecured, mezzanine, and subordinated debt), as well as related equity securities of private U.S. middle-market companies.
Executives
Michael Scott Segal director C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Steven F. Strandberg director C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Strong George G. Jr. director C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Susan Y Lee director 11100 SANTA MONICA BLVD, SUITE 2000, LOS ANGELES CA 90025
George Hawley officer: Secretary C/O CRESCENT CAPITAL GROUP LP, 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Gerhard Lombard officer: Chief Financial Officer 600 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10020
Erik G Barrios officer: Senior Vice President C/O CRESCENT CAPITAL GROUP, 299 PARK AVENUE, NEW YORK NY 10171
Kirill Bouek officer: Controller 10 HUDSON YARDS, 41ST FLOOR, NEW YORK NY 10001
Joseph Hanlon officer: Chief Compliance Officer C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Jason Breaux officer: Chief Executive Officer C/O CRESCENT CAPITAL BDC, INC., 11100 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Raymond Barrios officer: Senior Vice President 11100 SANTA MONICA BLVD, SUITE 2000, LOS ANGELES CA 90025
Watsa V Prem Et Al 10 percent owner 95 WELLINGTON STREET WEST, SUITE 800, TORONTO A6 M5J 2N7
Elizabeth Ko director 11100 SANTA MONICA BLVD, SUITE 2000, LOS ANGELES CA 90025
Allied World Assurance Co Holdings, Gmbh 10 percent owner PARK TOWER, 15TH FLOOR, GUBELSTRASSE 24, ZUG V8 6300
Kathleen S Briscoe director GRIFFIN CAPITAL PLAZA, 1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245

Crescent Capital BDC (Crescent Capital BDC) Headlines

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