Great Elm Capital Corp. (GECC)
Great Elm Capital Corp. operates in the Asset Management industry of the Financial Services sector, headquartered in Palm Beach Gardens, FL, US. The stock last traded at $5.84, up 3.73% on the session, giving a market capitalisation of $67.3M. On trailing twelve-month figures it carries a trailing P/E of -1.81, a net margin of 253.2%. Its beta of 0.84 implies it has historically moved less than the broad market.
Great Elm Capital Corp. functions as a business development company (BDC) primarily specializing in providing capital to mid-market enterprises. The firm's investment strategy focuses on acquiring debt instruments, including loans and mezzanine financing, from these middle-market entities. It tends to favor allocating its resources to companies operating in sectors such as media, commercial services and supplies, healthcare, telecommunication services, and communications equipment. Furthermore, while predominantly focused on debt, the BDC also undertakes equity investments, generally committing between $3 million and $10 million to businesses that report annual revenues ranging from $3 million to $75 million.
Great Elm Capital Corp. is most often compared with the following Financial Services names: