Princeton Capital (PIAC) Current Assets (2021 - 2023)
Princeton Capital's (PIAC) quarterly Current Assets came in at $33.1 million in Q3 2023, down 20.53% on a YoY basis from $41.6 million in Q3 2022, and down 2.68% quarter-over-quarter from $34.0 million in Q2 2023.
Analysis
Princeton Capital (PIAC) Current Assets (2021 - 2023) Analysis & Trends
Princeton Capital (PIAC) has reported Current Assets for 3 consecutive years, with $33.1 million the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Current Assets fell 20.53% year-over-year to $33.1 million; the trailing twelve-month figure through Sep 2023 stood at $33.1 million (down 20.53% YoY), and the FY2022 full-year result was $32.5 million, down 7.79% from the prior year.
- Current Assets retreated to $33.1 million in Q3 2023 per PIAC's latest filing, from $34.0 million in the prior quarter.
- Across five years, Current Assets topped out at $41.6 million in Q3 2022 and bottomed at $31.7 million in Q1 2023.
- Historically, Current Assets has averaged $34.7 million across 3 years, with a median of $33.5 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Current Assets declined 7.79% in 2022, then dropped 20.53% in 2023.
- Over 3 years, Current Assets stood at $35.2 million in 2021, then decreased by 7.79% to $32.5 million in 2022, then gained by 1.83% to $33.1 million in 2023.
- According to Business Quant data, Current Assets over the past three periods registered $33.1 million, $34.0 million, and $31.7 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.09 Bn | 13.70 Bn | - | - |
| 2 | Blackstone Secured Lending Fund | 5.66 Bn | 5.39 Bn | - | - |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | - |
| 4 | Main Street Capital | 5.24 Bn | 5.18 Bn | - | - |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | - |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | - |
| 7 | FS KKR Capital | 3.33 Bn | 3.23 Bn | - | - |
| 8 | Golub Capital Bdc | 3.30 Bn | 3.25 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | - |
| 10 | Princeton Capital | 2.41 Mn | -11.82 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 33.08 Mn |
| Jun 30, 2023 | 33.99 Mn |
| Mar 31, 2023 | 31.70 Mn |
| Dec 31, 2022 | 32.49 Mn |
| Sep 30, 2022 | 41.62 Mn |
| Dec 31, 2021 | 35.23 Mn |