Eagle Point Credit Company Inc. (ECCB) Income Statement Analysis

See more : Great American Bancorp, Inc. (GTPS) Income Statement Analysis – Financial Results

Complete financial analysis of Eagle Point Credit Company Inc. (ECCB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Eagle Point Credit Company Inc., a leading company in the Asset Management industry within the Financial Services sector.

You may be interested

Eagle Point Credit Company Inc. (ECCB)

Industry: Asset Management

Sector: Financial Services

Website: https://www.eaglepointcreditcompany.com

About Eagle Point Credit Company Inc.

Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	139.07M	-92.73M	140.84M	64.06M	-5.37M	-49.60M	35.10M	57.76M	42.35M	23.00M
Cost of Revenue	0.00	27.14M	21.18M	15.02M	16.60M	17.77M	16.32M	13.61M	0.00	0.00
Gross Profit	139.07M	-119.87M	119.66M	49.04M	-21.97M	-67.37M	18.78M	44.14M	42.35M	23.00M
Gross Profit Ratio	100.00%	129.27%	84.96%	76.55%	408.95%	135.83%	53.51%	76.43%	100.00%	100.00%
Research & Development	0.00	-0.85	1.44	2.29	-0.15	-0.76	0.46	1.58	0.00	0.00
General & Administrative	37.92M	7.23M	6.83M	3.18M	3.33M	5.46M	3.20M	15.36M	13.20M	2.40M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-15.36M	0.00	0.00
SG&A	37.92M	7.23M	6.83M	3.18M	3.33M	5.46M	3.20M	1.57	13.20M	2.40M
Other Expenses	0.00	1.85M	2.15M	-6.52K	-7.22K	-213.56K	760.20K	-7.94M	0.00	0.00
Operating Expenses	37.92M	9.08M	8.98M	3.17M	3.32M	5.25M	3.96M	42.68M	80.79M	14.65M
Cost & Expenses	37.92M	9.08M	8.98M	3.17M	3.32M	5.25M	3.96M	42.68M	80.79M	14.65M
Interest Income	131.72M	111.04M	81.88M	58.54M	61.59M	65.20M	60.92M	7.94M	2.52M	0.00
Interest Expense	13.63M	14.13M	14.47M	10.50M	13.46M	14.80M	12.93M	0.00	0.00	0.00
Depreciation & Amortization	31.23M	206.02M	-55.21M	-43.96M	67.17M	125.11M	36.74M	-33.21M	-28.59M	-20.60M
EBITDA	132.38M	-87.68M	0.00	0.00	-8.69M	-40.05M	44.06M	51.27M	0.00	0.00
EBITDA Ratio	95.19%	94.56%	93.62%	95.05%	161.79%	80.75%	125.54%	88.77%	-164.23%	-53.29%
Operating Income	101.15M	-87.68M	131.86M	60.89M	-8.69M	-40.05M	44.06M	39.31M	28.59M	20.60M
Operating Income Ratio	72.73%	94.56%	93.62%	95.05%	161.79%	80.75%	125.54%	68.06%	67.51%	89.57%
Total Other Income/Expenses	17.60M	-14.13M	0.00	0.00	0.00	-14.80M	16.32M	-384.79K	-69.54M	-12.25M
Income Before Tax	118.75M	-101.81M	131.86M	60.89M	-8.69M	-54.85M	31.13M	90.58M	-40.96M	8.34M
Income Before Tax Ratio	85.39%	109.79%	93.62%	95.05%	161.79%	110.58%	88.70%	156.83%	-96.72%	36.29%
Income Tax Expense	0.00	82.99M	150.00K	36.48M	33.71M	-161.14K	44.82M	98.90M	-69.54M	-12.25M
Net Income	116.89M	-101.81M	131.86M	60.89M	-8.69M	-54.85M	31.13M	90.96M	-40.96M	8.34M
Net Income Ratio	84.05%	109.79%	93.62%	95.05%	161.79%	110.58%	88.70%	157.50%	-96.72%	36.29%
EPS	1.52	-2.17	3.51	1.88	-0.30	-2.37	1.76	15.11M	-2.96	1.02
EPS Diluted	1.52	-2.17	3.51	1.88	-0.30	-2.27	1.76	15.11M	-2.96	1.02
Weighted Avg Shares Out	76.95M	46.89M	37.53M	32.35M	28.63M	23.15M	17.69M	6.02	13.82M	8.16M
Weighted Avg Shares Out (Dil)	76.95M	46.89M	37.53M	32.35M	28.63M	24.16M	17.69M	6.02	13.82M	8.16M

Rare 12% Yield And 38% Discount: HFRO

July 28, 2020seekingalpha.com

We first recommended this fund in October 2019. We review it in light of the events since and provide our take.

Weekly Closed-End Fund Roundup: July 19, 2020

July 27, 2020seekingalpha.com

17 out of 23 CEF sectors positive on price and 21 out of 23 sectors positive on NAV last week. MLPs lead while Asia equities lag.

Weekly Closed-End Fund Roundup: TYG/NTG Reinstates Distributions (July 12, 2020)

July 19, 2020seekingalpha.com

12 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. Asia equity leads while MLPs lag.

3-Step Retirement Plan For The Coming Correction

July 14, 2020seekingalpha.com

Taking some practical steps can help prevent a large drop in value. Investors of all walks should consider the following.

Weekly Closed-End Fund Roundup: June 21, 2020

June 30, 2020seekingalpha.com

4 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. Preferreds have the highest sector

The Chemist's Quality Closed-End Fund Report: June 2020

June 29, 2020seekingalpha.com

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. ARDC, PHT and HNW are the top-ranked DxYxZ funds.

Eagle Point Credit Company Inc. Announces First Quarter 2020 Financial Results

May 21, 2020businesswire.com

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCB, ECCX, ECCY) today announced financial results for the quarter ended March 31, 2020, net asset value (“NAV”) as of March 31, 2020 and certain additional activity through May...

Eagle Point Credit Company Inc. Announces Third Quarter 2020 Common and Preferred Distributions and Provides Additional Financial Update

May 18, 2020businesswire.com

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCX, ECCY) today is pleased to announce the declaration of distributions on shares of the Company’s common stock. The Company has declared three separate distributions of $0.08 per share...

Eagle Point Credit Company Inc. Schedules Release of First Quarter 2020 Financial Results on Thursday, May 21, 2020

May 7, 2020businesswire.com

GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Company Inc. (the “Company”) (NYSE:ECC, ECCB, ECCX, ECCY) today announced that it plans to report financial results for the quarter ended March 31, 2020 prior to the opening of the financial markets on Thursday, May...