Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.
P/B ratio for Silver Spike Investment Corp. (SSIC)
P/B ratio as of 2023: 0.61
According to Silver Spike Investment Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.61. At the end of 2022 the company had a P/B ratio of 0.63.
P/B ratio history for Silver Spike Investment Corp. from 2020 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.61 |
| 2022 | 0.63 |
| 2021 | 0.14 |
| 2020 | 0.00 |