Great Elm Capital Corp (GECC)

Great Elm Capital Corp (GECC) — Recent Articles & Press Releases:

Tue, Apr 9, 5:49 PM:
Great Elm Capital Corp. Prices Public Offering of $30,000,000 of 8.50% Notes Due 2029
Tue, Apr 9, 8:33 AM:
Great Elm Capital Corp. Announces Public Offering of Unsecured Notes
Thu, Feb 29, 7:40 AM:
Great Elm Capital Corp. Announces Fourth Quarter and Full Year 2023 Financial Results
Mon, Feb 26, 4:16 PM:
Great Elm Capital Corp. ("GECC") Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference ...
Thu, Feb 8, 4:36 PM:
Great Elm Capital Corp. ("GECC") Raises $24 Million of Equity at Net Asset Value
Tue, Dec 12, 4:15 PM:
Great Elm Capital Corp. ("GECC") Declares $0.10 Per Common Share Special Cash Distribution
Mon, Nov 27, 8:00 AM:
Great Elm Capital Corp. ("GECC") Extends Revolving Credit Facility, Lowers Cost of Capital
Thu, Nov 2, 6:30 AM:
Great Elm Capital Corp. Announces Third Quarter 2023 Financial Results
Mon, Oct 30, 11:00 AM:
Great Elm Capital Corp. ("GECC") Schedules Third Quarter 2023 Earnings Release and Conference Call
Tue, Aug 8, 7:31 PM:
Great Elm Capital Corp. Prices Public Offering of $40,000,000 of 8.75% Notes Due 2028
Tue, Aug 8, 7:31 PM:
Great Elm Capital Corp. Announces Conditional Redemption of 6.50% Notes due 2024
Mon, Aug 7, 4:16 PM:
Great Elm Capital Corp. Announces Public Offering of Unsecured Notes
Thu, Aug 3, 6:30 AM:
Great Elm Capital Corp. Announces Second Quarter 2023 Financial Results
Thu, Jul 27, 1:01 PM:
Great Elm Capital Corp. ("GECC") Schedules Second Quarter 2023 Earnings Release and Conference Call
Thu, May 4, 6:30 AM:
Great Elm Capital Corp. Announces First Quarter 2023 Financial Results
Mon, May 1, 8:30 AM:
Great Elm Capital Corp. ("GECC") Schedules First Quarter 2023 Earnings Release and Conference Call
Tue, Apr 11, 4:15 PM:
Great Elm Capital Corp. Announces Date of Annual Meeting of Stockholders
Thu, Mar 2, 6:15 AM:
Great Elm Capital Corp. Announces Fourth Quarter and Full Year 2022 Financial Results
Wed, Mar 1, 8:30 AM:
Great Elm Capital Corp. ("GECC") Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference ...
Mon, Nov 14, 7:00 AM:
Great Elm Capital Corp. Partners with Berkadia to Launch Healthcare Finance Venture
Thu, Nov 3, 8:00 AM:
Great Elm Capital Corp. Announces Third Quarter 2022 Financial Results
Mon, Oct 31, 4:15 PM:
Great Elm Capital Corp. ("GECC") Schedules Third Quarter 2022 Earnings Release and Conference Call
Thu, Sep 22, 4:23 PM:
Lenders Funding Announces Retirement of Chief Operating Officer and Chief Credit Officer, Harvey Friedman ...
Thu, Aug 4, 8:00 AM:
Great Elm Capital Corp. Announces Second Quarter 2022 Financial Results
Thu, Jul 28, 4:15 PM:
Great Elm Capital Corp. ("GECC") Schedules Second Quarter 2022 Earnings Release and Conference Call
Mon, Jun 13, 8:00 AM:
Great Elm Capital Corp. Announces Final Results of Its Rights Offering
Tue, May 24, 4:15 PM:
Great Elm Capital Corp. Announces Date of Annual Meeting of Stockholders
Tue, May 17, 8:42 AM:
Great Elm Capital Corp. Announces Launch of Non-Transferable Rights Offering
Wed, May 11, 8:37 AM:
Great Elm Capital Corp. Announces First Quarter 2022 Financial Results
Wed, May 11, 8:37 AM:
Great Elm Capital Corp. Announces First Quarter 2022 Financial Results
Tue, May 10, 8:03 AM:
Great Elm Capital Corp. ("GECC") Schedules First Quarter 2022 Earnings Release and Conference Call
Tue, Mar 15, 4:30 PM:
Great Elm Capital Corp. Announces New Board Member
Fri, Mar 4, 9:25 AM:
Great Elm Capital Corp. Continues Specialty Finance Expansion, Launches a Joint Venture With Utica Leaseco, ...
Fri, Mar 4, 9:24 AM:
Great Elm Capital Corp. Announces Approval Of $50 Million Rights Offering
Fri, Mar 4, 9:23 AM:
Great Elm Capital Corp. Announces New Board Leadership
Fri, Mar 4, 9:22 AM:
Great Elm Capital Corp. Announces CEO Transition
Fri, Mar 4, 9:21 AM:
Great Elm Capital Corp. Announces Fourth Quarter and Full Year 2021 Financial Results
Wed, Mar 2, 4:36 PM:
Great Elm Capital Corp. ("GECC") Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference ...
Thu, Feb 3, 4:00 PM:
Great Elm Capital Corp. Expands Its Specialty Finance Footprint With the Purchase of a Majority Equity ...
Thu, Jan 27, 6:00 AM:
Great Elm Capital Corp. Announces Reverse Stock Split
Wed, Jun 23, 4:30 PM:
Great Elm Capital Corp. Announces Conditional Redemption of 6.50% Notes due 2022
Wed, May 5, 4:30 PM:
Great Elm Capital Corp. ("GECC") Schedules First Quarter 2021 Earnings Release and Conference Call
Tue, Jun 11, 6:20 PM:
Great Elm Capital Corp. Prices Public Offering of $40.0 Million of 6.50% Notes Due 2024
Wed, Sep 13, 10:07 PM:
Great Elm Capital Corp. Prices Public Offering of Approximately $28.4 Million of 6.50% Notes Due 2022

Great Elm Capital Corp (GECC) — Key Stats & Information:

GECC — Current Quote
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GECC has BDC Baby Bonds: GECCI GECCM GECCO GECCZ GECCN
GECC — Price Chart
GECC — Performance
Recent Related Videos
GECC — vs. Other BDCs By Yield
RankBDCYield   
• • •   
#5  PSEC 13.74%  
#6  TRIN 13.71%  
#7  TCPC 13.70%  
#8  MRCC 13.70%  
#9  GECC 13.53%  
#10  FSK 13.31%  
#11  OXSQ 13.17%  
#12  RWAY 12.74%  
#13  SAR 12.53%  
• • •   
GECC — Current Snapshot
Current Stock Price:
(Data delayed 20 minutes)		 $10.35
Most Recent NAV/Share:
(As of 12/31/2023)		 $12.99
Current Price/NAV: .80x
Annualized Regular Dividend: $1.80
Annualized Current Yield: 17.39%
GECC — TTM Snapshot
TTM = Trailing Twelve Months
  3/31/2023 6/30/2023 9/30/2023 12/31/2023
NAV/Share: $11.88 $12.21 $12.88 $12.99
Debt/Equity: 2.40 2.39 1.41 1.44
NOI/Share: $0.37 $0.44 $0.40 $0.30
EPS/Share: $1.07 $0.68 $1.02 $-0.96
Sum of TTM NOI/Share
(Or NII/share where applicable)		 $1.51
TTM NOI Yield:
(As percentage of current $10.35 price)		 14.59%
Sum of TTM EPS/Share
 $1.81
TTM EPS Yield:
(As percentage of current $10.35 price)		 17.49%
Sum of TTM Regular Dividends $1.5
TTM Dividend Yield:
(As percentage of current $10.35 price)		 14.49%
GECC — Snapshot At 12/31/2023
% Senior Debt % Sub Debt % Equity % Other
83.2% 4.4% 12.4% 0%
Stock Price @ Quarter End:
(Closest close to 12/31/2023)		 $10.65
NAV/Share: $12.99
Price/NAV: .82x
Shares Outstanding: 7.60M
Market Cap: 80.96M
Investments at Cost: 250.16M
Investments at Fair Value: 241.42M
Difference: -8.74M
Net Asset Value: 98.75M
Leverage 142.67M
Debt:Equity Ratio 1.44:1
Originations:
(During quarter)		 29.90M
Repayments:
(During quarter)		 -36.20M
Difference: -6.30M
Realized Gains/Losses:
(During quarter)		 -5.27M
Unrealized Gains/Losses:
(During quarter)		 -0.35M
Non-Accruals at Cost: %
Non-Accruals at Fair Value: %
Net Operating Income / Share
(Or Net Investment Income where applicable)		 $0.30
EPS/Share $-0.96
Regular Dividends/Share $0.45
Regular Dividend Yield (Annualized)
(Against quarter-end $10.65 stock price)		 16.90%
Although best efforts are made to minimize errors, there is no guarantee this data is free of error and therefore it should not be relied upon for investment decisions. See full disclaimer.
Management Fee Structure
Base Management Fee: 1.75%
Fees Paid on Cash?: Yes
NOI Incentive Fee: 20%
Annual Hurdle Rate: 8.75%
Capital Gains Fee: 20%
Incentive Catch-Up Provision: Yes
Total Return Hurdle: No
Fees on Non-Cash Income: Yes
For more information see GECC SEC filings.
GECC — vs. Other BDCs By Price/NAV
RankBDCPrice/NAV   
• • •   
#35  SAR 0.85x  
#36  SLRC 0.84x  
#37  TCPC 0.83x  
#38  BBDC 0.82x  
#39  GECC 0.80x  
#40  OFS 0.80x  
#41  FSK 0.79x  
#42  MRCC 0.78x  
#43  CION 0.70x  
• • •   
GECC — NAV/Share History
Mouse over chart for data details
3/31
2017		 ...12/31
2023
GECC — Price/NAV History
Mouse over chart for data details
3/31
2017		 ...12/31
2023
 Avg: .82x
GECC — Dividend History
Mouse over chart for data details
3/31
2017		 ...12/31
2023
GECC — Yield History
(regular quarterly amount annualized)
Mouse over chart for data details
3/31
2017		 ...12/31
2023
 Avg: 15.59%
GECC — Debt:Equity Ratio History
Mouse over chart for data details
3/31
2017		 ...12/31
2023
 Avg: .73:1
GECC — NOI/Share History
(or NII/share when applicable)
Mouse over chart for data details
3/31
2017		 ...12/31
2023
GECC — vs. Others By 1Yr NAV/Sh Change
RankBDC1Yr NAV/Sh Change  
#1  PFX +23.17% 
#2  GECC +16.40% 
#3  MAIN +8.71% 
#4  HTGC +8.55% 
#5  SSSS +8.12% 
#6  GLAD +6.07% 
#7  RAND +5.37% 
• • •   
 

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