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Garrison Capital

Nasdaq:GARS
Snowflake Description

Moderate growth potential unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GARS
Nasdaq
$21M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Garrison Capital Inc. is a business development company specializing in investments primarily in the debt and equity of middle market companies. The last earnings update was 20 days ago. More info.


Add to Portfolio Compare Print
  • Garrison Capital is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Garrison Capital has significant price volatility in the past 3 months.
GARS Share Price and Events
7 Day Returns
-26.1%
NasdaqGS:GARS
-1.1%
US Capital Markets
-2.8%
US Market
1 Year Returns
-81.7%
NasdaqGS:GARS
-14.5%
US Capital Markets
-15.9%
US Market
GARS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Garrison Capital (GARS) -26.1% -77.6% -77.2% -81.7% -86.2% -91.1%
US Capital Markets -1.1% -17.6% -24.9% -14.5% 0.6% 18.4%
US Market -2.8% -18.8% -24% -15.9% 2.8% 13.3%
1 Year Return vs Industry and Market
  • GARS underperformed the Capital Markets industry which returned -14.5% over the past year.
  • GARS underperformed the Market in United States of America which returned -15.9% over the past year.
Price Volatility
GARS
Industry
5yr Volatility vs Market

GARS Value

 Is Garrison Capital undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Garrison Capital. This is due to cash flow or dividend data being unavailable. The share price is $1.33.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Garrison Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Garrison Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:GARS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-1.18
NasdaqGS:GARS Share Price ** NasdaqGS (2020-04-03) in USD $1.33
United States of America Capital Markets Industry PE Ratio Median Figure of 92 Publicly-Listed Capital Markets Companies 33.66x
United States of America Market PE Ratio Median Figure of 2,947 Publicly-Listed Companies 12.21x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Garrison Capital.

NasdaqGS:GARS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:GARS Share Price ÷ EPS (both in USD)

= 1.33 ÷ -1.18

-1.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Garrison Capital is loss making, we can't compare its value to the US Capital Markets industry average.
  • Garrison Capital is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Garrison Capital's expected growth come at a high price?
Raw Data
NasdaqGS:GARS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
105.5%per year
United States of America Capital Markets Industry PEG Ratio Median Figure of 36 Publicly-Listed Capital Markets Companies 2.03x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.88x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Garrison Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Garrison Capital's assets?
Raw Data
NasdaqGS:GARS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $8.51
NasdaqGS:GARS Share Price * NasdaqGS (2020-04-03) in USD $1.33
United States of America Capital Markets Industry PB Ratio Median Figure of 182 Publicly-Listed Capital Markets Companies 7.67x
United States of America Market PB Ratio Median Figure of 5,146 Publicly-Listed Companies 1.2x
NasdaqGS:GARS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:GARS Share Price ÷ Book Value per Share (both in USD)

= 1.33 ÷ 8.51

0.16x

* Primary Listing of Garrison Capital.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Garrison Capital is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess Garrison Capital's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Garrison Capital has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GARS Future Performance

 How is Garrison Capital expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
105.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Garrison Capital expected to grow at an attractive rate?
  • Garrison Capital's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Garrison Capital's earnings growth is expected to exceed the United States of America market average.
  • Garrison Capital's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:GARS Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:GARS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 105.5%
NasdaqGS:GARS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -9.5%
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.3%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 2.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:GARS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:GARS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 33 10 1
2020-12-31 33 7 1
2020-04-05
NasdaqGS:GARS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 40 2 -19
2019-09-30 40 -107 -21
2019-06-30 40 -96 -3
2019-03-31 39 -76 -1
2018-12-31 39 -29 -2
2018-09-30 39 2 10
2018-06-30 39 -18 13
2018-03-31 38 -27 12
2017-12-31 37 -12 6
2017-09-30 37 58 5
2017-06-30 39 51 0
2017-03-31 41 58 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Garrison Capital's earnings are expected to grow significantly at over 20% yearly.
  • Garrison Capital's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:GARS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Garrison Capital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:GARS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.60 0.60 0.60 2.00
2020-12-31 0.45 0.60 0.30 2.00
2020-04-05
NasdaqGS:GARS Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -1.18
2019-09-30 -1.28
2019-06-30 -0.16
2019-03-31 -0.07
2018-12-31 -0.10
2018-09-30 0.63
2018-06-30 0.81
2018-03-31 0.76
2017-12-31 0.39
2017-09-30 0.33
2017-06-30 -0.01
2017-03-31 -0.38

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Garrison Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Garrison Capital's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Garrison Capital has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GARS Past Performance

  How has Garrison Capital performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Garrison Capital's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Garrison Capital does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Garrison Capital's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Garrison Capital's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Garrison Capital's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Garrison Capital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:GARS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 39.72 -18.88 12.48
2019-09-30 40.21 -20.60 12.25
2019-06-30 39.81 -2.64 12.20
2019-03-31 38.79 -1.19 11.37
2018-12-31 38.78 -1.57 10.87
2018-09-30 38.91 10.08 11.02
2018-06-30 38.50 13.01 10.90
2018-03-31 37.85 12.24 10.63
2017-12-31 36.62 6.23 10.57
2017-09-30 36.58 5.36 10.05
2017-06-30 38.79 -0.15 10.69
2017-03-31 40.89 -6.10 11.67
2016-12-31 42.95 -4.81 12.13
2016-09-30 44.78 -17.93 12.09
2016-06-30 46.88 -17.09 12.05
2016-03-31 48.89 -9.33 12.99
2015-12-31 51.32 -3.66 13.76
2015-09-30 53.22 12.28 15.84
2015-06-30 52.96 17.60 17.19
2015-03-31 52.66 22.78 18.24
2014-12-31 50.46 30.48 20.99
2014-09-30 48.46 31.49 20.71
2014-06-30 44.85 33.16 17.38
2014-03-31 39.61 30.90 13.06
2013-12-31 33.81 23.50 7.47
2013-09-30 27.58 12.52 4.26
2013-06-30 24.10 9.25 4.23

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Garrison Capital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Garrison Capital has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Garrison Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Garrison Capital's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Garrison Capital has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GARS Health

 How is Garrison Capital's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Garrison Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Garrison Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Garrison Capital's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Garrison Capital's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Garrison Capital Company Filings, last reported 3 months ago.

NasdaqGS:GARS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 136.55 313.75 1.25
2019-09-30 145.18 330.61 1.13
2019-06-30 165.33 347.17 0.85
2019-03-31 167.63 340.08 3.72
2018-12-31 168.91 307.49 6.19
2018-09-30 180.54 243.47 29.37
2018-06-30 183.54 236.87 21.99
2018-03-31 185.19 234.47 12.76
2017-12-31 187.66 232.53 14.90
2017-09-30 188.44 201.19 14.71
2017-06-30 188.51 202.06 22.12
2017-03-31 190.93 203.28 19.62
2016-12-31 199.41 205.11 10.38
2016-09-30 201.05 230.23 6.71
2016-06-30 208.19 223.08 18.14
2016-03-31 219.19 235.49 23.62
2015-12-31 230.71 225.65 24.99
2015-09-30 250.11 203.16 30.60
2015-06-30 256.22 233.67 28.13
2015-03-31 258.21 227.08 20.36
2014-12-31 261.10 240.26 13.65
2014-09-30 261.30 228.02 25.57
2014-06-30 262.08 224.71 16.10
2014-03-31 258.89 223.86 26.40
2013-12-31 254.08 219.42 13.66
2013-09-30 253.27 187.75 3.11
2013-06-30 252.39 175.00 11.68
  • Garrison Capital's level of debt (229.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (92% vs 229.8% today).
  • Debt is not well covered by operating cash flow (0.7%, less than 20% of total debt).
  • Garrison Capital is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Garrison Capital's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Garrison Capital has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GARS Dividends

 What is Garrison Capital's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
45.11%
Current annual income from Garrison Capital dividends. Estimated to be 42.29% next year.
If you bought $2,000 of Garrison Capital shares you are expected to receive $902 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Garrison Capital's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (2.07%).
  • Garrison Capital's dividend is above the markets top 25% of dividend payers in United States of America (5.82%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:GARS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1936 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2.1%
United States of America Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:GARS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.60 2.00
2020-12-31 0.53 2.00
2020-04-05
NasdaqGS:GARS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-03-12 0.600 34.228
2019-11-12 0.600 10.252
2019-08-12 0.920 13.435
2019-08-09 0.920 13.248
2019-05-07 0.920 13.221
2019-03-05 0.920 12.702
2018-08-07 1.120 14.600
2018-03-06 1.120 13.446
2017-08-08 1.120 13.552
2017-05-09 1.120 13.315
2016-11-09 1.120 11.717
2016-08-09 1.400 13.849
2016-05-09 1.400 13.641
2015-11-05 1.400 12.144
2015-11-04 1.400 10.072
2015-08-04 1.400 9.772
2015-03-04 1.400 9.307
2014-08-06 1.400 9.565
2014-05-09 1.400 9.557
2014-03-14 1.400 9.854
2013-11-06 1.400 9.802
2013-08-08 1.400 9.506
2013-05-13 1.400 9.233

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Garrison Capital has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Garrison Capital has only been paying a dividend for 7 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Garrison Capital's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1x coverage).
X
Income/ dividend checks
We assess Garrison Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Garrison Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Garrison Capital has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GARS Management

 What is the CEO of Garrison Capital's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Joseph Tansey
COMPENSATION $0
AGE 46
TENURE AS CEO 9.3 years
CEO Bio

Mr. Joseph B. Tansey, also known as Joe, serves as the Partner, Chief Investment Officer and Portfolio Manager at Garrison Investment Group, L.P. and has been its Co-President since March 2007. Mr. Tansey Founded Garrison Investment Group, L.P. in 2007. He has been the Chairman and Chief Executive Officer of Garrison Capital Inc. since 2011. He is the Founder of Garrison Capital Advisers LLC. He is employed at Garrison Opportunity Fund I, L.P. and Garrison Opportunity Fund II, L.P. He founded Garrison Investment Management Limited. Previously, he served as the Managing Director at Fortress Investment Group LLC from 2002 to March 2007 and also served as its Partner. He was a Partner at Drawbridge from August 2002 to March 2007 and was responsible for investment and loan structuring with a focus on structured finance and real estate transactions. he ran its rediscount lending business. From 1998 to 2002, he worked at Goldman Sachs & Co. as a Member of the Asian Special Situations Group, the Real Estate Principal Investment Group and the Mortgages Department. Prior to that, he worked at Starwood Capital Group from 1995 to 1998, where he was involved in the acquisition and management of real estate operating businesses and distressed debt. He has been a Director of Garrison Capital Inc. since 2011. Mr. Tansey received a B.A. and a B.S. degree from The University of Pennsylvania.

CEO Compensation
  • Insufficient data for Joseph to compare compensation growth.
  • Insufficient data for Joseph to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Garrison Capital management team in years:

1.1
Average Tenure
39.5
Average Age
  • The average tenure for the Garrison Capital management team is less than 2 years, this suggests a new team.
Management Team

Joseph Tansey

TITLE
Chairman & CEO
AGE
46
TENURE
9.3 yrs

Daniel Hahn

TITLE
CFO & Treasurer
AGE
35
TENURE
1.1 yrs

Brian Chase

TITLE
COO, Secretary & Director
AGE
41
TENURE
1.1 yrs

Matthew Lambert

TITLE
Chief Compliance Officer
AGE
38
Board of Directors Tenure

Average tenure and age of the Garrison Capital board of directors in years:

9.3
Average Tenure
48
Average Age
  • The tenure for the Garrison Capital board of directors is about average.
Board of Directors

Joseph Tansey

TITLE
Chairman & CEO
AGE
46
TENURE
9.3 yrs

Brian Chase

TITLE
COO, Secretary & Director
AGE
41
TENURE
9.3 yrs

Matthew Westwood

TITLE
Independent Director
COMPENSATION
$106K
AGE
48
TENURE
9.3 yrs

Cecil Martin

TITLE
Independent Director
COMPENSATION
$108K
AGE
77
TENURE
9.3 yrs

Joe Morea

TITLE
Independent Director
COMPENSATION
$96K
AGE
63
TENURE
4.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
01. Apr 20 Sell Stilwell Value LLC Company 20. Mar 20 31. Mar 20 -667,720 $1.97 $-1,072,245
01. Apr 20 Buy Stilwell Value LLC Company 11. Feb 20 02. Mar 20 68,180 $6.20 $415,344
21. Jan 20 Buy Stilwell Value LLC Company 14. Jan 20 16. Jan 20 67,179 $6.21 $406,016
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Management checks
We assess Garrison Capital's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Garrison Capital has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GARS News

Simply Wall St News

GARS Company Info

Description

Garrison Capital Inc. is a business development company specializing in investments primarily in the debt and equity of middle market companies. It seeks to invest in first lien senior secured loans, second lien senior secured loans, “one-stop” senior secured or “unitranche” loans, subordinated or mezzanine loans, unsecured consumer loans and to a lesser extent, selected equity co-investments in middle-market companies, warrants and minority equity securities in United States middle-market companies. The fund focuses on consumer loans, capital market activities, traditional direct lending but at times may purchase loans in the secondary market or make special situation investments. It seeks to invest between $5 million and $25 million in equity and between $10 million and $25 million in debt per transaction primarily in debt securities and loans with annual EBITDA between $5 million and $30 million, annual revenue between $50 million and $200 million. Its investments typically range in maturity from one to six years.

Details
Name: Garrison Capital Inc.
GARS
Exchange: NasdaqGS
Founded: 2010
$21,345,638
16,049,352
Website: http://www.garrisoncapitalbdc.com
Address: Garrison Capital Inc.
1290 Avenue of the Americas,
9th Floor,
New York,
New York, 10104,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS GARS Common Stock Nasdaq Global Select US USD 27. Mar 2013
Number of employees
Current staff
Staff numbers
0
Garrison Capital employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 05:41
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/03/16
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.