Crescent Capital: Strong Cash Flow And The Right Quality For Remaining Bullish
CCAPCrescent Capital BDC(CCAP) Seeking Alpha·2024-08-25 21:41

Galeanu Mihai My initial piece on Crescent Capital (NASDAQ:CCAP) was delivered back in late December last year, where the conclusion was relatively bearish - i.e., the right business focus and healthy cash generation were offset by increasing concentration in below well-performing investment category and slightly elevated leverage. However, after seeing the Q4, 2023 and Q1, 2024 data points my view on CCAP changed. CCAP had managed to deliver robust results, while improving the portfolio quality and getting ...