First Trust Senior Floating Rate Income Fund II (FCT)

Analysis: Growth Rates Industry: Asset Management - Income Sector: Financial Services Live Price: $10.08

Enterprise Value

Metric / Stat	3Y	5Y	10Y
Stock Price
Avg YoY	2.09%	-5.21%	-2.63%
Slope	1.75%	-5.24%	-3.62%
CAGR	1.81%	-5.62%	-3.01%
LSR	1.81%	-4.91%	-3.58%
Market Capitalization
Avg YoY	2.09%	-5.21%	-14.23%
Slope	1.75%	-5.24%	-54.55%
CAGR	1.81%	-5.62%	-85.49%
LSR	1.81%	-4.91%	-62.06%
(-) Cash & Equivalents
Avg YoY	-56.10%	104.15%	193.84%
Slope	-76.41%	9.49%	-54.55%
CAGR	-56.30%	10.70%	-89.15%
LSR	-56.30%	18.26%	-64.35%
(+) Total Debt
Avg YoY	19.36%	-8.67%	-13.90%
Slope	6.73%	-32.36%	-54.55%
CAGR	6.03%	-20.64%	-88.66%
LSR	6.03%	-27.16%	-68.95%
Enterprise Value
Avg YoY	3.30%	-8.44%	-15.15%
Slope	3.24%	-11.26%	-54.55%
CAGR	3.30%	-9.36%	-86.82%
LSR	3.30%	-10.12%	-64.40%

Income Statement

Metric / Stat	3Y	5Y	10Y
Revenue
Avg YoY	45.44%	-68.97%	-124.16%
Slope	15.21%	4.76%	0.85%
CAGR	21.64%	-13.53%	-0.79%
LSR	21.64%	—	—
Cost of Revenue
Avg YoY	-100.00%	-142.40%	-126.39%
Slope	231.59%	-3.88%	-11.67%
CAGR	—	-39.69%	-6.33%
LSR	—	—	—
Gross Profit
Avg YoY	-7.84%	3.52%	13.05%
Slope	-13.30%	4.60%	3.73%
CAGR	-14.30%	-1.19%	0.21%
LSR	-14.30%	4.04%	4.18%
Gross Margin
Avg YoY	-27.68%	-179.53%	-88.28%
Slope	-36.74%	80.58%	-3.88%
CAGR	-29.55%	14.27%	1.01%
LSR	-29.55%	—	—
R&D Expenses
Avg YoY	-100.00%	-211.08%	-132.19%
Slope	-150.00%	-55.16%	-5.54%
CAGR	—	—	—
LSR	—	—	—
SG&A Expenses
Avg YoY	-3.94%	-8.80%	7,546,704.12%
Slope	-5.83%	-7.66%	9.51%
CAGR	-6.10%	-10.19%	406.38%
LSR	-6.10%	-7.31%	285.94%
Operating Expenses
Avg YoY	-3.32%	-8.72%	-21.08%
Slope	-5.15%	-7.70%	-41.54%
CAGR	-5.40%	-10.04%	-33.61%
LSR	-5.40%	-7.32%	-23.71%
Operating Income (EBIT)
Avg YoY	-6.02%	7.90%	0.44%
Slope	-9.18%	8.38%	-0.80%
CAGR	-9.70%	4.20%	-2.91%
LSR	-9.70%	8.96%	-0.94%
Operating Margin
Avg YoY	-21.65%	-180.64%	-106.32%
Slope	-32.31%	77.38%	-11.18%
CAGR	-25.76%	20.50%	-2.14%
LSR	-25.76%	—	—
Interest Income
Avg YoY	1.05%	8.71%	1.35%
Slope	-0.30%	9.64%	12.40%
CAGR	-0.31%	7.21%	—
LSR	-0.31%	10.49%	—
Interest Expense
Avg YoY	1.18%	26.90%	14.10%
Slope	-4.95%	20.07%	-0.97%
CAGR	-5.55%	16.63%	2.53%
LSR	-5.55%	25.32%	-1.04%
Net Interest Income
Avg YoY	1.26%	7.48%	-97.40%
Slope	0.27%	8.54%	14.58%
CAGR	0.28%	6.43%	—
LSR	0.28%	9.18%	—
Other Income / Expense
Avg YoY	46.24%	-73.30%	-59.16%
Slope	19.30%	3.37%	33.37%
CAGR	27.19%	-12.66%	—
LSR	27.19%	—	—
Unusual Items
Avg YoY	46.24%	-73.30%	-59.16%
Slope	-19.30%	-3.37%	-33.37%
CAGR	—	—	—
LSR	—	—	—
EBT excl. Unusual
Avg YoY	44.96%	-69.60%	-153.22%
Slope	15.15%	3.03%	17.17%
CAGR	21.50%	-14.34%	—
LSR	21.50%	—	—
Pre-Tax Income
Avg YoY	43.84%	-66.94%	-73.61%
Slope	10.68%	2.66%	5.31%
CAGR	15.31%	-16.24%	14.53%
LSR	15.31%	—	—
Pre-Tax Margin
Avg YoY	-4.95%	-2.78%	40.60%
Slope	-5.21%	-3.28%	3.09%
CAGR	-5.21%	-3.14%	15.45%
LSR	-5.21%	-3.31%	6.76%
Income Tax Expense
Avg YoY	—	—	59.48%
Slope	—	—	-40.26%
CAGR	—	—	—
LSR	—	—	—
Net Income
Avg YoY	43.84%	-66.94%	-85.25%
Slope	10.68%	2.66%	3.61%
CAGR	15.31%	-16.24%	10.71%
LSR	15.31%	—	—
Net Margin
Avg YoY	-4.95%	-2.78%	29.36%
Slope	-5.21%	-3.28%	2.04%
CAGR	-5.21%	-3.14%	11.60%
LSR	-5.21%	-3.31%	4.59%
EBITDA
Avg YoY	-6.02%	7.90%	0.44%
Slope	-9.18%	8.38%	-0.80%
CAGR	-9.70%	4.20%	-2.91%
LSR	-9.70%	8.96%	-0.94%
EBITDA Margin
Avg YoY	-21.65%	-180.64%	-106.32%
Slope	-32.31%	77.38%	-11.18%
CAGR	-25.76%	20.50%	-2.14%
LSR	-25.76%	—	—
NOPAT
Avg YoY	-6.02%	7.90%	0.44%
Slope	-9.18%	8.38%	-0.80%
CAGR	-9.70%	4.20%	-2.91%
LSR	-9.70%	8.96%	-0.94%
NOPAT Margin
Avg YoY	-21.65%	-180.64%	-106.32%
Slope	-32.31%	77.38%	-11.18%
CAGR	-25.76%	20.50%	-2.14%
LSR	-25.76%	—	—
Owner's Earnings
Avg YoY	43.84%	-66.94%	-85.25%
Slope	10.68%	2.66%	3.61%
CAGR	15.31%	-16.24%	10.71%
LSR	15.31%	—	—
Owner's Earnings Margin
Avg YoY	-4.95%	-2.78%	29.36%
Slope	-5.21%	-3.28%	2.04%
CAGR	-5.21%	-3.14%	11.60%
LSR	-5.21%	-3.31%	4.59%
EPS (Basic)
Avg YoY	43.84%	-66.93%	-124.30%
Slope	10.68%	2.61%	-4.99%
CAGR	15.31%	-16.27%	-6.87%
LSR	15.31%	—	—
EPS (Diluted)
Avg YoY	43.84%	-66.93%	-133.28%
Slope	10.68%	2.61%	-54.55%
CAGR	15.31%	-16.27%	-86.07%
LSR	15.31%	—	—
Shares (Basic)
Avg YoY	0.00%	0.03%	45.97%
Slope	0.00%	0.02%	3.98%
CAGR	0.00%	0.03%	18.88%
LSR	0.00%	0.02%	8.27%
Shares (Diluted)
Avg YoY	0.00%	0.03%	1,552,527,224.13%
Slope	0.00%	0.02%	5.32%
CAGR	0.00%	0.03%	694.84%
LSR	0.00%	0.02%	175.16%

Balance Sheet

Metric / Stat	3Y	5Y	10Y
Cash & Cash Equivalents
Avg YoY	-56.10%	104.15%	193.84%
Slope	-76.41%	9.49%	-54.55%
CAGR	-56.30%	10.70%	-89.15%
LSR	-56.30%	18.26%	-64.35%
Cash & Short-Term Investments
Avg YoY	-56.10%	104.15%	193.84%
Slope	-76.41%	9.49%	-54.55%
CAGR	-56.30%	10.70%	-89.15%
LSR	-56.30%	18.26%	-64.35%
Net Receivables
Avg YoY	381.04%	167.94%	75.55%
Slope	30.85%	-4.83%	-54.55%
CAGR	97.45%	-12.58%	-88.37%
LSR	97.45%	-6.67%	-67.93%
Inventory
Avg YoY	—	—	-100.00%
Slope	—	—	-18.18%
CAGR	—	—	—
LSR	—	—	—
Other Current Assets
Avg YoY	—	-100.00%	-100.00%
Slope	—	-100.00%	6.06%
CAGR	—	—	—
LSR	—	—	—
Total Current Assets
Avg YoY	71.11%	22.12%	27.80%
Slope	8.09%	-2.79%	-54.55%
CAGR	13.34%	-11.13%	-88.48%
LSR	13.34%	-5.09%	-67.43%
Long-Term Investments
Avg YoY	-53.78%	-33.75%	-26.61%
Slope	-77.95%	-33.17%	-54.55%
CAGR	—	—	—
LSR	—	—	—
Other Non-Current Assets
Avg YoY	5,441,641.89%	2,720,814.09%	1,209,239.10%
Slope	85,147.56%	115.48%	54.55%
CAGR	—	—	—
LSR	—	—	—
Other Assets
Avg YoY	—	—	-100.00%
Slope	—	—	-30.30%
CAGR	—	—	—
LSR	—	—	—
Total Non-Current Assets
Avg YoY	7.81%	7.81%	-46.10%
Slope	77.82%	75.94%	48.71%
CAGR	—	—	—
LSR	—	—	—
Total Assets
Avg YoY	2,166.46%	1,069.79%	493.43%
Slope	73.78%	68.24%	-54.55%
CAGR	576.84%	117.18%	-82.87%
LSR	576.84%	153.98%	-55.63%
Accounts Payable
Avg YoY	10.86%	13.33%	-13.23%
Slope	9.76%	11.49%	-54.55%
CAGR	10.55%	12.89%	-86.73%
LSR	10.55%	12.66%	-64.41%
Short-Term Debt
Avg YoY	-67.71%	-67.71%	-83.85%
Slope	-91.14%	19.62%	-54.55%
CAGR	—	—	—
LSR	—	—	—
Tax Payables
Avg YoY	—	—	-53.63%
Slope	—	—	-24.47%
CAGR	—	—	—
LSR	—	—	—
Deferred Revenue
Avg YoY	-100.00%	-90.54%	-41.50%
Slope	150.00%	100.00%	12.06%
CAGR	—	—	—
LSR	—	—	—
Other Current Liabilities
Avg YoY	-99.59%	14.82%	1.41%
Slope	148.77%	24.84%	-4.56%
CAGR	—	—	—
LSR	—	—	—
Total Current Liabilities
Avg YoY	-1,283,023.47%	-641,554.64%	-285,162.91%
Slope	48.44%	367.01%	-54.55%
CAGR	—	—	-89.63%
LSR	—	—	—
Long-Term Debt
Avg YoY	—	—	21,849.32%
Slope	150.00%	100.00%	-54.55%
CAGR	—	—	-76.31%
LSR	—	—	—
Other Non-Current Liabilities
Avg YoY	16,110.55%	16,110.55%	-1,307,278.27%
Slope	149.08%	99.69%	-54.56%
CAGR	—	—	-78.14%
LSR	—	—	—
Total Non-Current Liabilities
Avg YoY	2,526,570.80%	2,526,570.80%	842,123.60%
Slope	149.99%	100.00%	-54.55%
CAGR	—	—	-76.33%
LSR	—	—	—
Total Liabilities
Avg YoY	-1,283,024.21%	-641,555.01%	-285,163.07%
Slope	88.35%	11,589.69%	-54.55%
CAGR	—	—	-88.28%
LSR	—	—	—
Preferred Stock
Avg YoY	—	-100.00%	318.89%
Slope	—	-50.00%	-1.17%
CAGR	—	—	—
LSR	—	—	—
Common Stock
Avg YoY	0.00%	0.00%	-10.28%
Slope	0.00%	0.00%	-54.55%
CAGR	0.00%	0.00%	-87.46%
LSR	0.00%	0.00%	-63.81%
Retained Earnings
Avg YoY	-4.42%	18.31%	-4,034.08%
Slope	5.01%	-8.61%	54.54%
CAGR	—	—	—
LSR	—	—	—
Accumulated OCI
Avg YoY	—	-100.00%	-91.54%
Slope	—	50.00%	54.55%
CAGR	—	—	—
LSR	—	—	—
Total Shareholders’ Equity
Avg YoY	-4.44%	-221.27%	10,083.75%
Slope	5.03%	-2,650.18%	54.55%
CAGR	—	—	—
LSR	—	—	—
Total Equity
Avg YoY	-4.44%	-221.27%	10,083.75%
Slope	5.03%	-2,650.18%	54.55%
CAGR	—	—	—
LSR	—	—	—
Total Liabilities & Equity
Avg YoY	-450.93%	-316.52%	-226.65%
Slope	256.82%	864.01%	-54.55%
CAGR	—	—	-87.92%
LSR	—	—	—
Tangible Assets
Avg YoY	2,166.46%	1,069.79%	493.43%
Slope	73.78%	68.24%	-54.55%
CAGR	576.84%	117.18%	-82.87%
LSR	576.84%	153.98%	-55.63%
Tangible Equity
Avg YoY	-4.44%	-221.27%	10,083.75%
Slope	5.03%	-2,650.18%	54.55%
CAGR	—	—	—
LSR	—	—	—
Tangible Book Value
Avg YoY	-4.44%	-221.27%	10,083.75%
Slope	5.03%	-2,650.18%	54.55%
CAGR	—	—	—
LSR	—	—	—
Total Investments
Avg YoY	-53.78%	-33.75%	-26.61%
Slope	-77.95%	-33.17%	-54.55%
CAGR	—	—	—
LSR	—	—	—
Net Debt
Avg YoY	25.76%	-1,161.59%	-387.04%
Slope	12.59%	55.85%	-54.55%
CAGR	11.60%	—	-88.64%
LSR	11.60%	—	—

Capital Structure

Metric / Stat	3Y	5Y	10Y
Working Capital
Avg YoY	-47.81%	-38.79%	116.30%
Slope	60.18%	43.98%	54.55%
CAGR	—	—	—
LSR	—	—	—
Total Capital
Avg YoY	-0.49%	-7.97%	-14.75%
Slope	-0.58%	-9.89%	-54.55%
CAGR	-0.57%	-8.35%	-88.02%
LSR	-0.57%	-9.09%	-65.92%
Capital Employed
Avg YoY	7.76%	0.36%	-9.64%
Slope	7.41%	-0.27%	-54.55%
CAGR	7.54%	-0.06%	-87.60%
LSR	7.54%	-0.28%	-65.15%
Invested Capital
Avg YoY	0.17%	-7.95%	-14.64%
Slope	0.10%	-9.99%	-54.55%
CAGR	0.09%	-8.39%	-88.02%
LSR	0.09%	-9.16%	-65.92%

Cash Flow

Metric / Stat	3Y	5Y	10Y
Net Income
Avg YoY	43.84%	46.12%	44.25%
Slope	10.68%	2.61%	-54.55%
CAGR	15.31%	-16.27%	-85.59%
LSR	15.31%	—	—
Change in Working Capital
Avg YoY	-238.68%	-86.06%	-37.98%
Slope	-45,989.85%	55.10%	-54.55%
CAGR	—	-13.51%	—
LSR	—	—	—
Accounts Receivable
Avg YoY	-284.37%	-95.95%	-14.01%
Slope	-1,139.52%	-8.41%	-54.55%
CAGR	—	-7.40%	—
LSR	—	—	—
Inventory
Avg YoY	-100.00%	8.62%	75.29%
Slope	-150.00%	-55.25%	12.27%
CAGR	—	—	—
LSR	—	—	—
Accounts Payable
Avg YoY	90.99%	14.03%	-12.53%
Slope	127.10%	48.45%	54.55%
CAGR	—	—	—
LSR	—	—	—
Other Working Capital
Avg YoY	95.07%	-491.62%	-312.87%
Slope	189.45%	1,367.78%	-54.55%
CAGR	—	—	-87.92%
LSR	—	—	—
Other Non-Cash Items
Avg YoY	-144.92%	68.89%	520.80%
Slope	-173.62%	-17.01%	-54.55%
CAGR	—	—	—
LSR	—	—	—
Net Cash from Operating Activities
Avg YoY	-70.06%	14.79%	35.75%
Slope	-92.16%	-8.62%	-54.55%
CAGR	-74.71%	-29.02%	-89.07%
LSR	-74.71%	-24.17%	-62.05%
Purchases of Investments
Avg YoY	100.00%	48.95%	31.32%
Slope	150.00%	59.29%	54.55%
CAGR	—	—	—
LSR	—	—	—
Sales / Maturities of Investments
Avg YoY	-3.94%	-9.14%	-14.95%
Slope	-51.35%	-17.65%	-54.55%
CAGR	—	—	—
LSR	—	—	—
Net Cash from Investing Activities
Avg YoY	-100.00%	73.39%	102.16%
Slope	-150.00%	-22.62%	-54.55%
CAGR	—	—	—
LSR	—	—	—
Net Debt Issuance
Avg YoY	155.15%	-36.80%	-62.41%
Slope	220.16%	11.51%	54.55%
CAGR	—	—	—
LSR	—	—	—
Long-Term Debt Issuance
Avg YoY	155.15%	-36.80%	-62.41%
Slope	220.16%	11.51%	54.55%
CAGR	—	—	—
LSR	—	—	—
Net Stock Issuance
Avg YoY	—	2.32%	-834.72%
Slope	—	102.44%	-5.02%
CAGR	—	—	—
LSR	—	—	—
Common Stock Issuance
Avg YoY	-100.00%	23,024.79%	23,024.79%
Slope	-150.00%	-0.11%	30.28%
CAGR	—	—	—
LSR	—	—	—
Common Stock Repurchased
Avg YoY	-23.50%	17.67%	-613.95%
Slope	43.23%	26.40%	-23.39%
CAGR	—	—	—
LSR	—	—	—
Preferred Stock Issuance
Avg YoY	—	100.00%	100.00%
Slope	—	50.00%	-18.18%
CAGR	—	—	—
LSR	—	—	—
Net Dividends Paid
Avg YoY	-15.65%	-0.02%	4.74%
Slope	-12.95%	-0.14%	54.55%
CAGR	14.59%	-1.83%	-87.06%
LSR	14.59%	0.35%	-62.28%
Common Dividends Paid
Avg YoY	-15.65%	-0.02%	4.74%
Slope	-12.95%	-0.14%	54.55%
CAGR	14.59%	-1.83%	-87.06%
LSR	14.59%	0.35%	-62.28%
Net Cash from Financing Activities
Avg YoY	66.38%	-15.41%	-44.51%
Slope	86.37%	7.00%	54.55%
CAGR	-71.79%	-25.43%	-89.74%
LSR	-71.79%	-20.51%	-62.33%
Effect of FX on Cash
Avg YoY	100.00%	-73.39%	-178.95%
Slope	150.00%	22.62%	-17.36%
CAGR	—	—	—
LSR	—	—	—
Net Change in Cash
Avg YoY	-53.31%	446.45%	148.08%
Slope	-6,627.84%	-353.98%	54.55%
CAGR	—	—	-89.64%
LSR	—	—	—
Cash at Beginning of Period
Avg YoY	218.41%	466.68%	199.19%
Slope	22.03%	48.54%	-54.55%
CAGR	54.01%	161.62%	-89.43%
LSR	54.01%	165.30%	-68.23%
Cash at End of Period
Avg YoY	-56.10%	104.15%	212.87%
Slope	-76.41%	9.49%	-54.55%
CAGR	-56.30%	10.70%	-89.15%
LSR	-56.30%	18.26%	-63.81%
Operating Cash Flow
Avg YoY	-70.06%	14.79%	35.75%
Slope	-92.16%	-8.62%	-54.55%
CAGR	-74.71%	-29.02%	-89.07%
LSR	-74.71%	-24.17%	-62.05%
Free Cash Flow
Avg YoY	-70.06%	14.79%	35.75%
Slope	-92.16%	-8.62%	-54.55%
CAGR	-74.71%	-29.02%	-89.07%
LSR	-74.71%	-24.17%	-62.05%

Free Cash Flow

Metric / Stat	3Y	5Y	10Y
EBITDA
Avg YoY	184.07%	85.76%	28.87%
Slope	91.76%	48.09%	54.55%
CAGR	164.42%	51.76%	—
LSR	164.42%	44.77%	—
(-) Tax Adjustment
Avg YoY	—	—	-35.60%
Slope	—	—	54.55%
CAGR	—	—	—
LSR	—	—	—
Change In Working Capital
Avg YoY	-238.68%	-86.06%	-37.98%
Slope	-45,989.85%	55.10%	-54.55%
CAGR	—	—	—
LSR	—	—	—
Unlevered Free Cash Flow
Avg YoY	193.22%	86.74%	52.46%
Slope	93.89%	47.41%	54.55%
CAGR	173.85%	48.26%	—
LSR	173.85%	42.62%	—
Net Interest After Taxes
Avg YoY	1.26%	7.46%	128.93%
Slope	0.27%	8.52%	54.55%
CAGR	0.28%	6.40%	—
LSR	0.28%	9.16%	—
Net Debt Issuance
Avg YoY	155.15%	-36.80%	-62.41%
Slope	220.16%	11.51%	54.55%
CAGR	—	7.82%	—
LSR	—	—	—
Levered Free Cash Flow
Avg YoY	101.49%	-345.84%	-210.17%
Slope	146.83%	9.71%	54.55%
CAGR	—	62.51%	—
LSR	—	—	—