SCFFX Company Profile and Key Details

Over the trailing twelve months, Shenkman Capital Short Duration High Income Fund Class F generated $14.18M in revenue, or $1.05 per share. Gross margin was 100.00%, operating margin 85.32%, and net profit margin 93.57%. Returns are modest, with ROA at 3.75% and ROE at 5.11%.
On valuation metrics, Shenkman Capital Short Duration High Income Fund Class F trades at a P/E of 9.89, P/S of 147.66 and P/B of 0.00. Liquidity is tight, with a current ratio of 0.20 and quick ratio of 0.20. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 60.00 days. Debt-to-equity is 0.18, supported by a cash flow-to-debt ratio of 0.79.

For the quarter ended Oct 31, 2023, Shenkman Capital Short Duration High Income Fund Class F posted revenue of $14.18M, down slightly from $19.77M in the prior quarter. Gross profit was $14.18M (margin 100.00%). Operating income was $12.10M (margin 85.3%). Net income was$13.27M (EPS $0.99).
The company ended the quarter with $3.26M in cash and short-term investments, a total debt of $0.00, and net debt of - $3.26M. Total assets were $354.26M, with equity of $259.65M. Financials further reflected stability, with operating cash flow of $9.27M, free cash flow of $9.27M, and capital expenditures of $0.00.