Investors Can Take Advantage of 52% Discount on SuRo Capital Venture Equity BDC

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SURO ($NASDAQ:SSSS): Investors now have the chance to invest in SuRo Capital – a Venture Equity Business Development Company (BDC) – at a discounted rate of 52% off its Net Asset Value (NAV). SuRo Capital is a publicly traded BDC that seeks to invest in early-stage technology and healthcare companies. SuRo Capital invests in early-stage companies that have the potential to become large, profitable companies. The investments range from seed and early-stage to late-stage venture investments. The discounted rate offers investors the opportunity to acquire a stake in some of the most promising new tech and healthcare companies at attractive prices. SuRo Capital’s portfolio companies have been featured in many leading publications such as Inc., TechCrunch, and Forbes.

The discounted rate also allows investors to take advantage of SuRo Capital’s expertise and knowledge in the venture capital market. SuRo Capital has a team of experienced venture capitalists who are well versed in the tech and healthcare sectors. The team has a strong track record of successful investments and deep insights into the venture capital landscape. The discounted rate of 52% off its NAV provides investors with an excellent opportunity to invest in some of the most promising new technology and healthcare companies through SuRo Capital. Investing in the venture capital market can be a profitable endeavor, and SuRo Capital’s discounted rate makes it even more attractive.

Analysis

GoodWhale has conducted a fundamental analysis of SURO CAPITAL. Our Star Chart classifies the company as an ‘elephant’ – a type of company that has a lot of assets after liabilities have been deducted. This means that SURO CAPITAL is likely to be attractive to investors who are looking for a relatively stable stock with a good asset base. In terms of other factors, SURO CAPITAL is strong in terms of cash flow, medium in terms of growth and weak in terms of asset, dividend, and profitability. The company has an intermediate health score of 4/10, which suggests that it might be able to sustain future operations in times of crisis. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Suro Capital. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Suro Capital. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Suro Capital. More…

Key Ratios Snapshot

Some of the financial key ratios for Suro Capital are shown below. More…

Peers

The Company’s investment activities are managed by its wholly-owned subsidiary, Suros Management Company, LLC. As of September 30, 2019, SuRo Capital Corp had $490.1 million of total assets, $363.6 million of total investment portfolio and $11.5 million of total net assets. The Company’s investment portfolio consists of mezzanine debt, senior secured loans and equity securities.

– Rand Capital Corp ($NASDAQ:RAND)

Rand Capital is a publicly traded venture capital firm based in Buffalo, New York. The Firm provides seed and early stage venture capital to companies in the United States. Rand Capital is traded on the NASDAQ under the ticker symbol RAND. As of 2022, Rand Capital had a market cap of $37.97 million and a return on equity of 0.83%.

Rand Capital was founded in 1968 and is one of the oldest venture capital firms in the United States. The Firm has a long history of investing in early stage companies, particularly in the Buffalo area. Rand Capital’s portfolio includes companies in a variety of industries, including healthcare, technology, and manufacturing.

– Crescent Capital BDC Inc ($NASDAQ:CCAP)

Crescent Capital BDC Inc. is a business development company specializing in investments in middle market companies. It focuses on leveraged buyouts, recapitalizations, growth financings, middle market companies, and mezzanine investments. The firm also invests in public companies. It seeks to invest between $10 million to $75 million. The firm prefers to take a minority stake in its portfolio companies. Crescent Capital BDC was founded in 2008 and is based in Los Angeles, California.

– Pennant Park Investment Corp ($NYSE:PNNT)

Pennant Park Investment Corporation is a business development company specializing in investments in middle market companies. The firm focuses on leveraged buyouts, recapitalizations, growth equity, middle market, and mezzanine investments. It seeks to invest in companies operating in the healthcare, media, communications, business services, consumer, and industrial sectors. Pennant Park Investment Corporation was founded in 2007 and is based in New York, New York.

Summary

Suro Capital is a venture equity Business Development Corporation (BDC) offering investors the opportunity to access private equity at a discounted rate. It is currently trading at 52% below its Net Asset Value (NAV), making it an attractive investment option for those looking for higher returns. The BDC focuses on providing growth capital to private companies and investments in debt securities, with a focus on private technology and consumer companies. It provides long-term capital to founders, management teams, and other stakeholders to facilitate growth and expansion.

Additionally, Suro Capital offers investors access to portfolio companies, providing visibility into their underlying businesses and operations.