Main Street Capital Corp. Files 2024 10-K
Ticker: MAIN · Form: 10-K · Filed: Feb 28, 2025 · CIK: 1396440
| Field | Detail |
|---|---|
| Company | Main Street Capital Corp (MAIN) |
| Form Type | 10-K |
| Filed Date | Feb 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, risk-factors, business-development-company
TL;DR
MSCC 2024 10-K out. Portfolio fair value, capital management, interest rates, competition, and key people are key risks.
AI Summary
Main Street Capital Corp. filed its 2024 10-K on February 28, 2025, reporting on its fiscal year ending December 31, 2024. The company, headquartered in Houston, TX, operates as a business development company. The filing details its investment portfolio, financial condition, and various risks, including those related to fair value accounting, capital management, interest rate fluctuations, competition, and reliance on key personnel.
Why It Matters
This filing provides investors with a comprehensive overview of Main Street Capital's financial health and strategic risks for the 2024 fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing highlights several significant risks including fair value accounting, interest rate sensitivity, competition, and reliance on key personnel.
Key Numbers
- N/A — Total Assets (Specific asset figures were not readily available in the provided text snippet.)
- N/A — Total Liabilities (Specific liability figures were not readily available in the provided text snippet.)
- N/A — Net Income (Specific net income figures were not readily available in the provided text snippet.)
Key Players & Entities
- Main Street Capital Corp. (company) — Filer of the 10-K
- 1300 Post Oak Boulevard, 8th Floor, Houston, TX 77056 (location) — Company's business and mailing address
- 412230745 (identifier) — IRS Number
- 2024-12-31 (date) — Fiscal year end
- 2025-02-28 (date) — Filing date
FAQ
What is Main Street Capital Corp.'s primary business activity?
Main Street Capital Corp. operates as a business development company, investing in and providing debt and equity capital to lower middle market companies.
When did Main Street Capital Corp. file its 2024 10-K?
The company filed its 2024 10-K on February 28, 2025.
What are some of the key risks mentioned in the filing?
Key risks include uncertainty in the valuation of its portfolio investments due to fair value accounting, the ability to effectively manage and deploy capital, sensitivity to interest rate changes, increasing competition for investment opportunities, and dependence on key investment personnel.
Where is Main Street Capital Corp. headquartered?
Main Street Capital Corp. is headquartered in Houston, TX.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 28, 2025 regarding Main Street Capital CORP (MAIN).