Sound Financial Statements From 2010 to 2026

SPMC Stock   13.75  0.21  1.55%   
Sound Point's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Sound Point's valuation are provided below:
Gross Profit
96.2 M
Profit Margin
0.0772
Market Capitalization
278.2 M
Revenue
96.2 M
Revenue Per Share
4.698
Sound Point Meridian does not presently have any fundamental trend indicators for analysis.
Check Sound Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sound Point's main balance sheet or income statement drivers, such as Net Interest Income of 26.4 M, Interest Income of 26.5 M or Interest Expense of 91.8 K, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 759. Sound financial statements analysis is a perfect complement when working with Sound Point Valuation or Volatility modules.
Check out the analysis of Sound Point Correlation against competitors.

Sound Point Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets366.1 M348.7 M60.1 M
Slightly volatile
Other Current Liabilities8.1 M7.8 M1.3 M
Slightly volatile
Total Current Liabilities92.7 M88.3 M15.2 M
Slightly volatile
Total Stockholder Equity355.2 M338.3 M58.3 M
Slightly volatile
CashM5.7 M990.1 K
Slightly volatile
Non Current Assets Total360 M342.8 M59.1 M
Slightly volatile
Cash And Short Term InvestmentsM5.7 M990.1 K
Slightly volatile
Net Receivables116.9 K111.3 K19.2 K
Slightly volatile
Common Stock Shares Outstanding22.3 M23.4 M20.6 M
Slightly volatile
Liabilities And Stockholders Equity366.1 M348.7 M60.1 M
Slightly volatile
Other Current Assets414.1 K394.4 K67.8 K
Slightly volatile
Total Liabilities10.9 M10.4 M1.8 M
Slightly volatile
Long Term Investments238.5 M268.3 M292.9 M
Slightly volatile
Total Current Assets6.1 M5.9 MM
Slightly volatile
Common Stock17.4 K18.3 K245.5 K
Slightly volatile
Short and Long Term Debt Total56 M63 M68.8 M
Slightly volatile
Non Currrent Assets Other238.5 M268.3 M292.9 M
Slightly volatile
Other Assets411.2 M462.6 M505 M
Slightly volatile
Non Current Liabilities Total7.2 M8.1 M8.9 M
Slightly volatile
Other Stockholder Equity235.3 M264.7 M289 M
Slightly volatile
Short Term Debt56 M63 M68.8 M
Slightly volatile

Sound Point Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Interest Income26.4 M29.7 M32.4 M
Slightly volatile
Interest Income26.5 M29.8 M32.5 M
Slightly volatile
Interest Expense91.8 K103.3 K112.8 K
Slightly volatile
Selling General Administrative633.9 K713.2 K778.4 K
Slightly volatile
Total Revenue51.6 M58.1 M63.4 M
Slightly volatile
Gross Profit51.5 M58 M63.3 M
Slightly volatile
Other Operating Expenses725.8 K816.5 K891.2 K
Slightly volatile
Operating Income50.9 M57.2 M62.5 M
Slightly volatile
Net Income From Continuing Ops50.9 M57.2 M62.5 M
Slightly volatile
EBITDA50.9 M57.2 M62.5 M
Slightly volatile
Cost Of Revenue91.8 K103.3 K112.8 K
Slightly volatile
Total Operating Expenses633.9 K713.2 K778.4 K
Slightly volatile
Income Before Tax50.9 M57.2 M62.5 M
Slightly volatile
Net Income50.9 M57.2 M62.5 M
Slightly volatile
Selling And Marketing Expenses251.3 K282.7 K308.6 K
Slightly volatile
EBIT65.8 M74 M80.8 M
Slightly volatile
Income Tax Expense302.9 K340.7 K371.9 K
Slightly volatile

Sound Point Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow4.3 M4.5 M22.1 M
Slightly volatile
Other Cashflows From Financing Activities33.6337.8441.2982
Slightly volatile
Dividends Paid48 M45.7 M7.8 M
Slightly volatile
Issuance Of Capital Stock68.4 M77 M84 M
Slightly volatile
Net Income33.9 M19 M56.7 M
Slightly volatile
Total Cash From Financing Activities141.7 M197.9 M100.5 M
Slightly volatile
End Period Cash Flow8.2 M11.4 M5.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.636.28915.8865
Slightly volatile
PTB Ratio7591.4 K208
Slightly volatile
Days Sales Outstanding3.0E-43.0E-40.2039
Slightly volatile
Book Value Per Share0.01380.014515.4677
Slightly volatile
PB Ratio7591.4 K208
Slightly volatile
EV To Sales5.176.2896.5057
Slightly volatile
ROIC11921632.4665
Slightly volatile
Net Income Per Share2.23.13541.2116
Slightly volatile
Sales General And Administrative To Revenue0.01170.01230.2845
Slightly volatile
Cash Per Share2.0E-42.0E-40.403
Slightly volatile
Interest Coverage443499544
Slightly volatile
Payout Ratio0.00.01.8596
Slightly volatile
ROE11921632.469
Slightly volatile
PE Ratio11.766.378820.4002
Slightly volatile
Return On Tangible Assets11521031.4915
Slightly volatile
Earnings Yield0.110.15680.0607
Slightly volatile
Current Ratio0.390.56260.2
Slightly volatile
Tangible Book Value Per Share0.01380.014515.4677
Slightly volatile
Receivables Turnover667.2 K1.2 M183 K
Slightly volatile
Graham Number0.961.011515.9303
Slightly volatile
Shareholders Equity Per Share0.01380.014515.4677
Slightly volatile
Debt To Equity0.140.170.1801
Slightly volatile
Revenue Per Share2.663.18013.3736
Slightly volatile
Interest Debt Per Share0.00540.00572.8381
Slightly volatile
Debt To Assets0.110.120.1337
Slightly volatile
Enterprise Value Over EBITDA10.96.378718.5868
Slightly volatile
Short Term Coverage Ratios0.620.70.7615
Slightly volatile
Price Earnings Ratio11.766.378820.4002
Slightly volatile
Operating Cycle3.0E-43.0E-40.2039
Slightly volatile
Price Book Value Ratio7591.4 K208
Slightly volatile
Dividend Payout Ratio0.00.01.8596
Slightly volatile
Pretax Profit Margin0.680.98590.3626
Slightly volatile
Ebt Per Ebit0.630.710.7758
Slightly volatile
Operating Profit Margin0.720.98590.4199
Slightly volatile
Effective Tax Rate0.01720.01940.0211
Slightly volatile
Company Equity Multiplier0.951.03081.2866
Slightly volatile
Total Debt To Capitalization0.130.140.1527
Slightly volatile
Return On Capital Employed11921632.4729
Slightly volatile
Debt Equity Ratio0.140.170.1801
Slightly volatile
Ebit Per Revenue0.720.98590.4199
Slightly volatile
Quick Ratio0.390.56260.2
Slightly volatile
Cash Ratio0.370.55180.1934
Slightly volatile
Cash Conversion Cycle3.0E-43.0E-40.2039
Slightly volatile
Days Of Sales Outstanding3.0E-43.0E-40.2039
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.80.90.9824
Slightly volatile
Cash Flow Coverage Ratios0.620.70.7615
Slightly volatile
Price To Book Ratio7591.4 K208
Slightly volatile
Enterprise Value Multiple10.96.378718.5868
Slightly volatile
Debt Ratio0.110.120.1337
Slightly volatile
Cash Flow To Debt Ratio0.620.70.7615
Slightly volatile
Price Sales Ratio6.636.28915.8865
Slightly volatile
Return On Assets11521031.4915
Slightly volatile
Asset Turnover11721332.0277
Slightly volatile
Net Profit Margin0.680.98590.3626
Slightly volatile
Gross Profit Margin0.950.99820.7757
Slightly volatile
Price Fair Value7591.4 K208
Slightly volatile
Return On Equity11921632.469
Slightly volatile

Sound Point Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap324.1 M364.6 M398 M
Slightly volatile
Enterprise Value372.2 M418.7 M457 M
Slightly volatile

Sound Fundamental Market Drivers

About Sound Point Financial Statements

Sound Point stakeholders use historical fundamental indicators, such as Sound Point's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sound Point investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sound Point's assets and liabilities are reflected in the revenues and expenses on Sound Point's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sound Point Meridian. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue58.1 M51.6 M
Cost Of Revenue103.3 K91.8 K
Sales General And Administrative To Revenue 0.01  0.01 
Revenue Per Share 3.18  2.66 
Ebit Per Revenue 0.99  0.72 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Sound Point Meridian is a strong investment it is important to analyze Sound Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sound Point's future performance. For an informed investment choice regarding Sound Stock, refer to the following important reports:
Check out the analysis of Sound Point Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sound Point. If investors know Sound will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sound Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
3.296
Revenue Per Share
4.698
The market value of Sound Point Meridian is measured differently than its book value, which is the value of Sound that is recorded on the company's balance sheet. Investors also form their own opinion of Sound Point's value that differs from its market value or its book value, called intrinsic value, which is Sound Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sound Point's market value can be influenced by many factors that don't directly affect Sound Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sound Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sound Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sound Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.