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Page: Company Financials

MSC Income Fund, Inc.

Ticker: MSIF | Industry: Asset Management | Sector: Financial Services
$13.19 -0.11 (-0.83%)
As of: 2026-01-23

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Stock Price 13.13 16.43 15.34 15.82 15.82 15.82 15.82 15.82 15.82 15.82 15.82 15.82
Market Capitalization 621.09M 773.00M 709.99M 635.56M 634.78M 632.69M 631.53M 627.89M 626.37M 626.85M 626.85M 626.85M
(-) Cash & Equivalents 18.08M 28.34M 28.63M 32.86M 27.82M 22.18M 21.02M 13.05M 20.47M 26.90M 21.38M 11.86M
(+) Total Debt 0.00M 538.60M 369.61M 280.30M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Enterprise Value 603.01M 1,283.26M 1,050.97M 883.00M 606.96M 610.51M 610.51M 614.84M 605.89M 599.96M 605.48M 614.99M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Revenue 114M 80M 102M 75M 52M 82M -4M 44M 41M 56M 70M -7M
Cost of Revenue 26M 10M 39M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Gross Profit 87M 69M 63M 75M 52M 82M -4M 44M 41M 56M 70M -7M
Gross Profit Margin 76.7% 87.0% 61.6% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 16M 14M 15M 13M 9M 9M 8M 7M 6M 7M 6M 4M
Operating Expenses 13M 5M 5M 5M 5M 7M 4M 4M 1M 3M 4M 0M
Operating Income (EBIT) 74M 64M 58M 70M 47M 76M -9M 40M 40M 53M 67M -7M
Operating Income Margin 64.9% 80.7% 56.7% 93.5% 91.3% 91.7% 195.9% 90.9% 97.1% 94.3% 94.5% 94.6%
Interest Income 57M 118M 118M 0M 0M 73M 77M 101M 102M 96M 82M 64M
Interest Expense 26M 39M 39M 36M 24M 14M 17M 26M 25M 18M 15M 11M
Net Interest Income 31M 79M 79M -36M -24M 58M 60M 75M 77M 77M 67M 53M
Unusual Items -28M -79M -79M 36M 24M -58M -60M -75M -77M -77M -67M -53M
EBT Excluding Unusual Items 104M 143M 136M 34M 23M 134M 51M 115M 117M 130M 134M 46M
Pre-Tax Income 76M 64M 58M 70M 47M 76M -9M 40M 40M 53M 67M -7M
Pre-Tax Margin 67.1% 80.7% 56.7% 93.5% 91.3% 91.7% 195.9% 90.9% 97.1% 94.3% 94.5% 94.6%
Income Tax Expense -3M 7M 1M 4M 2M 2M 1M 1M 0M 0M 0M 0M
Net Income 79M 57M 57M 66M 46M 74M -10M 40M 40M 53M 67M -7M
Net Income Margin 69.7% 72.2% 55.6% 88.5% 88.1% 89.4% 224.5% 89.1% 97.1% 94.3% 94.5% 94.6%
Depreciation & Amortization -26M 0M 0M 0M 0M 0M 2M 2M 2M 3M 2M 1M
EBITDA 48M 64M 58M 70M 47M 76M -7M 42M 42M 56M 69M -6M
EBITDA Margin 42.3% 80.7% 56.7% 93.5% 91.3% 91.7% 157.8% 94.8% 101.3% 100.0% 97.9% 78.9%
NOPAT 77M 57M 57M 66M 46M 74M -7M 40M 40M 53M 67M -6M
NOPAT Margin 67.4% 72.2% 55.6% 88.5% 88.1% 89.4% 154.8% 89.1% 97.1% 94.3% 94.5% 74.8%
Owner's Earnings 53M 57M 57M 66M 46M 74M -8M 41M 42M 56M 69M -6M
Owner's Earnings Margin 47.1% 72.2% 55.6% 88.5% 88.1% 89.4% 186.4% 92.9% 101.3% 100.0% 97.9% 78.9%
EPS (Basic) 1.57 1.43 1.41 1.65 1.14 1.84 -0.24 1.02 1.02 1.33 1.68 -0.18
EPS (Diluted) 1.77 1.43 1.41 1.65 1.14 1.84 -0.25 1.01 1.02 1.33 1.68 -0.18
Shares (Basic) 45M 40M 40M 40M 40M 40M 40M 39M 40M 40M 40M 40M
Shares (Diluted) 45M 40M 40M 40M 40M 40M 40M 39M 40M 40M 40M 40M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31
Cash & Cash Equivalents 18.08M 28.34M 28.38M 30.79M 21.31M 25.81M 8.59M 21.85M 21.76M 45.79M 23.72M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 18.08M 28.34M 28.38M 30.79M 21.31M 25.81M 8.59M 21.85M 21.76M 45.79M 23.72M
Net Receivables 12.25M 11.67M 12.07M 10.71M 12.38M 34.72M 8.30M 8.75M 10.21M 13.60M 14.81M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 40.48M 0.00M -14.25M -17.67M -16.08M
Total Current Assets 30.33M 40.01M 40.44M 41.50M 33.69M 60.53M 57.37M 30.60M 17.72M 41.72M 22.45M
Property, Plant & Equipment 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 1,260.20M 1,245.56M 1,177.51M 1,092.90M 1,068.14M 1,077.14M 825.52M 1,027.60M 1,106.57M 1,049.44M 989.25M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 3.40M 4.44M 2.61M 3.42M 2.91M 4.05M 2.69M 3.52M -1,106.57M -1,049.44M -989.25M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 1,263.61M 1,250.00M 1,180.12M 1,096.31M 1,071.05M 1,081.19M 828.21M 1,031.11M 0.00M 0.00M 0.00M
Total Assets 1,293.93M 1,290.01M 1,220.56M 1,137.81M 1,104.74M 1,141.72M 885.58M 1,061.71M 17.72M 41.72M 22.45M
Accounts Payable 1.70M 0.50M 4.72M 0.46M 1.29M 7.33M 2.09M 1.43M 4.68M 34.06M 16.32M
Short-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Payables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 17.02M 16.97M 14.49M 14.02M 12.82M 11.97M 0.00M 4.67M -10.61M -39.81M -21.57M
Total Current Liabilities 18.71M 17.48M 19.21M 14.48M 14.11M 19.30M 2.09M 6.10M -5.93M -5.76M -5.25M
Long-Term Debt 528.68M 538.60M 565.14M 484.84M 470.54M 502.87M 301.82M 445.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 0.78M 0.00M 0.00M 3.26M 0.36M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 529.46M 538.60M 565.14M 488.10M 470.91M 502.87M 301.82M 445.00M 0.00M 0.00M 0.00M
Total Liabilities 548.17M 556.08M 584.35M 502.58M 485.01M 522.18M 303.91M 451.10M -5.93M -5.76M -5.25M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 0.05M 0.05M 0.04M 0.04M 0.08M 0.08M 0.08M 0.08M 0.08M 0.08M 0.07M
Retained Earnings -56.88M -66.39M -64.72M -63.91M -74.58M -69.34M -102.48M -66.33M -53.34M -37.88M 0.00M
Accumulated OCI 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity -56.83M -66.35M -64.68M -63.87M -74.50M -69.26M -102.40M -66.25M -53.26M -37.80M 0.07M
Total Equity -56.83M -66.35M -64.68M -63.87M -74.50M -69.26M -102.40M -66.25M -53.26M -37.80M 0.07M
Total Liabilities & Equity 491.34M 489.73M 519.67M 438.71M 410.51M 452.92M 201.51M 384.85M -59.19M -43.56M -5.18M
Tangible Assets 1,293.93M 1,290.01M 1,220.56M 1,137.81M 1,104.74M 1,141.72M 885.58M 1,061.71M 17.72M 41.72M 22.45M
Tangible Equity -56.83M -66.35M -64.68M -63.87M -74.50M -69.26M -102.40M -66.25M -53.26M -37.80M 0.07M
Tangible Book Value -56.83M -66.35M -64.68M -63.87M -74.50M -69.26M -102.40M -66.25M -53.26M -37.80M 0.07M
Total Investments 1,260.20M 1,245.56M 1,177.51M 1,092.90M 1,068.14M 1,077.14M 825.52M 1,027.60M 1,106.57M 1,049.44M 989.25M
Net Debt 510.60M 510.26M 536.77M 454.06M 449.23M 477.06M 293.23M 423.15M -21.76M -45.79M -23.72M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31
Working Capital 0.2M 11.4M 9.9M 14.1M 9.5M 34.9M 53.2M 23.2M 21.8M 45.8M 23.7M
Total Capital 1,263.0M 1,261.4M 1,190.0M 1,107.2M 1,080.2M 1,116.0M 881.4M 1,054.3M 625.4M 647.8M 597.8M
Capital Employed 1,263.8M 1,261.4M 1,190.0M 1,110.4M 1,080.6M 1,116.0M 881.4M 1,054.3M 1,147.4M 1,119.1M 1,033.6M
Invested Capital 1,245.0M 1,233.1M 1,161.7M 1,076.4M 1,058.9M 1,090.2M 872.9M 1,032.5M 603.6M 602.0M 574.1M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Net Income 79.16M 57.43M 56.55M 66.21M 45.59M 73.64M -9.76M 39.63M 40.28M 52.63M 66.58M -6.98M
Depreciation & Amortization 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.66M 1.72M 1.74M 3.19M 2.39M 1.16M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -5.19M 2.10M -5.46M 1.93M 2.90M 0.45M 1.85M 0.36M 1.56M -6.54M 2.52M -2.38M
Accounts Receivable -0.92M -2.23M -3.85M 0.12M 1.07M -4.69M 0.45M 0.54M -0.65M -1.43M 0.72M -3.60M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable -3.92M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital -0.36M 4.33M -1.62M 1.82M 1.83M 5.14M 1.41M -0.19M 2.21M -5.10M 1.79M 1.22M
Other Non-Cash Items -55.31M -31.66M -79.17M -17.91M 28.19M -265.24M 202.08M 78.45M -83.40M -37.07M -143.05M -417.20M
Net Cash from Operating Activities 18.66M 27.88M -28.08M 50.23M 76.68M -191.15M 195.82M 120.16M -39.82M 12.21M -71.55M -425.39M
Capital Expenditures (PPE) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -286.91M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 228.67M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Cash from Investing Activities -58.23M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Debt Issuance -29.70M 50.00M 80.00M 14.00M -32.50M 202.37M -143.18M -64.00M 79.00M 17.00M 33.00M 197.14M
Long-Term Debt Issuance -29.70M 50.00M 80.00M 14.00M -32.50M 202.37M -143.18M -64.00M 79.00M 17.00M 33.00M 197.14M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 83.88M -12.90M -13.73M -15.93M -15.23M -9.39M -6.09M -25.61M -34.29M 28.14M 69.71M 281.53M
Common Stock Issuance 90.53M 10.75M 7.00M 8.50M 0.75M 0.67M 0.00M 0.00M 0.00M 51.11M 80.61M 284.48M
Common Stock Repurchased -6.64M -23.65M -20.72M -24.43M -15.98M -10.07M -6.09M -25.61M -34.29M -22.97M -10.90M -2.96M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -44.63M -39.13M -39.76M -36.44M -33.02M -18.73M -18.49M -30.08M -28.51M -26.36M -22.36M -15.30M
Common Dividends Paid -10.07M -39.13M -39.76M -36.44M -33.02M -18.73M -18.49M -30.08M -28.51M -26.36M -22.36M -15.30M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -0.83M -0.03M -0.85M -2.39M -0.43M -6.36M -0.83M -0.38M -0.41M -8.92M -9.08M -33.84M
Net Cash from Financing Activities 8.73M -2.06M 25.67M -40.76M -81.18M 167.90M -168.60M -120.07M 15.79M 9.86M 71.27M 429.52M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash -30.85M 25.82M -2.41M 9.47M -4.50M -23.25M 27.22M 0.09M -24.03M 22.07M -0.28M 4.13M
Cash at Beginning of Period 145.10M 108.03M 30.79M 21.31M 25.81M 49.07M 21.85M 21.76M 45.79M 23.72M 24.00M 19.87M
Cash at End of Period 114.25M 133.84M 28.38M 30.79M 21.31M 25.81M 49.07M 21.85M 21.76M 45.79M 23.72M 24.00M
Operating Cash Flow 18.66M 27.88M -28.08M 50.23M 76.68M -191.15M 195.82M 120.16M -39.82M 12.21M -71.55M -425.39M
Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Free Cash Flow 18.66M 27.88M -28.08M 50.23M 76.68M -191.15M 195.82M 120.16M -39.82M 12.21M -71.55M -425.39M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
EBITDA 45.33M 55.47M 48.21M 61.67M 42.69M 73.64M -10.49M 39.08M 37.02M 51.78M 66.97M -10.33M
(-) Tax Adjustment 0.00M 5.82M 0.92M 3.32M 1.49M 1.84M 0.00M 0.79M 0.00M 0.00M 0.00M 0.00M
(-) Change In Working Capital -5.19M 2.10M -5.46M 1.93M 2.90M 0.45M 1.85M 0.36M 1.56M -6.54M 2.52M -2.38M
(-) Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Unlevered Free Cash Flow 50.53M 47.55M 52.75M 56.41M 38.31M 71.34M -12.34M 37.93M 35.46M 58.32M 64.46M -7.96M
(-) Net Interest Income After Taxes 30.60M 70.72M 77.27M -34.49M -23.57M 56.61M 59.77M 73.34M 76.96M 77.36M 67.37M 52.71M
Net Debt Issuance -29.70M 50.00M 80.00M 14.00M -32.50M 202.37M -143.18M -64.00M 79.00M 17.00M 33.00M 197.14M
Levered Free Cash Flow -9.78M 26.82M 55.48M 104.91M 29.38M 217.10M -215.30M -99.41M 37.51M -2.04M 30.09M 136.48M