For the quarter ending 2026-03-31, NMFC had -$29,546K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net (decrease) increase in net assets resulting from operations | -50,749 | -26,761 | 12,342 | 31,392 |
| Net realized losses (gains) on investments | -32,010 | -8,065 | 9 | 51,214 |
| Net realized gains on translation of assets and liabilities in foreign currencies | - | 0 | 0 | - |
| Net change in unrealized depreciation of investments and new mountain net lease corporation | -41,557 | -51,443 | -21,564 | -89,607 |
| Net change in unrealized depreciation (appreciation) on translation of assets and liabilities in foreign currencies | -100 | -2 | -120 | 602 |
| Net change in unrealized depreciation of securities purchased under collateralized agreements to resell | -7,800 | 0 | 0 | 0 |
| Amortization of purchase discount | 1,366 | 1,357 | 1,641 | 5,841 |
| Amortization of deferred financing costs | 3,433 | 1,955 | 2,327 | 4,539 |
| Amortization of debt discount (premium)-Convertible Debt | 0 | -5 | -29 | -45 |
| Amortization of debt discount (premium)-Unsecured Debt | 307 | 314 | 314 | 618 |
| Net change due to hedging activity | -71 | -4 | 20 | 851 |
| Non-cash investment income | 15,418 | 20,421 | 13,110 | 27,171 |
| Cash paid for purchase of non-controlling interest in nmnlc | - | 0 | 0 | - |
| Cash distribution received for purchase of non-controlling interest in nmnlc | - | 0 | 0 | - |
| Cash paid for purchase of investments-Investments Including Delayed Draw Facilities | 117,397 | 30,493 | 127,331 | 243,438 |
| Proceeds from sale of investment-Investments Excluding Drawn Revolvers | 492,026 | 195,890 | 177,144 | 342,004 |
| Cash received for purchase of undrawn portion of revolving credit or delayed draw facilities | 17 | 2 | 32 | 204 |
| Cash paid for purchase of investments-Drawn Revolving Credit Facilities | - | 0 | 0 | 0 |
| Cash paid for purchase of investments-Drawn Revolvers | 8,522 | 9,234 | 6,759 | 18,844 |
| Proceeds from sale of investment-Drawn Revolvers | 5,121 | 7,760 | 6,770 | 8,831 |
| Deferred tax liability (asset) | - | 0 | 0 | 0 |
| Interest and dividend receivable | -4,335 | -5,620 | 1,008 | 763 |
| Receivable from unsettled securities sold | -4,138 | -248 | - | 4,386 |
| Receivable from affiliates | 60 | 47 | -79 | 200 |
| Other assets | 1,468 | 139 | -16,616 | 15,120 |
| Management fee payable | -2,003 | -443 | -140 | -708 |
| Incentive fee payable | -3,018 | 217 | -2,583 | -3,241 |
| Payable for unsettled securities purchased | 18,027 | -9,949 | -19,150 | 29,562 |
| Deferred tax asset (liability) | - | 409 | - | - |
| Interest payable | -5,114 | -6,179 | 2,510 | -1,551 |
| Payable to affiliates | - | 0 | - | - |
| Deferred tax liability | -156 | - | 25 | 43 |
| Payable to broker | -4,550 | 1,170 | -440 | 10,670 |
| Other liabilities | 2,223 | -2,028 | 1,131 | 758 |
| Proceeds from unsecured notes | - | 0 | 0 | 0 |
| Net cash flows provided by operating activities | 401,412 | 161,589 | 73,140 | 144,253 |
| Net proceeds from shares sold | - | 0 | 0 | 0 |
| Repurchase of shares under repurchase program | 56,597 | 14,699 | 27,611 | 9,642 |
| Offering costs paid | 0 | 0 | 1 | 75 |
| Distributions paid | 31,150 | 32,863 | 33,822 | 69,011 |
| Proceeds from credit facility-Holdings Credit Facility | 177,000 | 225,000 | 157,000 | 221,500 |
| Repayments of credit facility-Holdings Credit Facility | 242,616 | 113,000 | 95,000 | 269,800 |
| Proceeds from credit facility-DBCredit Facility | - | 0 | - | - |
| Repayments of credit facility-DBCredit Facility | - | 0 | 0 | 0 |
| Proceeds from convertible notes | - | 0 | - | - |
| Repayment of 2022 convertible notes | 0 | 258,777 | 5 | 1,223 |
| Proceeds from credit facility-NMNLCCredit Facility II | - | 0 | 0 | 0 |
| Repayment of unsecured notes | 200,000 | 0 | 0 | 0 |
| Repayments of credit facility-NMNLCCredit Facility II | - | 0 | 0 | 0 |
| Proceeds from credit facility-NMFCCredit Facility | 90,000 | 118,000 | 0 | 0 |
| Repayments of credit facility-NMFCCredit Facility | 140,000 | 68,000 | 0 | 0 |
| Repayment of sba-guaranteed debentures | 26,950 | 0 | 66,295 | 37,500 |
| Contributions related to non-controlling interest in nmnlc | 300 | - | - | - |
| Distributions related to non-controlling interest in nmnlc | 90 | 88 | 90 | 180 |
| Deferred financing costs paid | 855 | 119 | 972 | 1,464 |
| Net cash flows used in financing activities | -430,958 | -144,546 | -66,796 | -167,395 |
| Net (decrease) increase in cash and cash equivalents | -29,546 | 17,043 | 6,344 | -23,142 |
| Effect of foreign exchange rate changes on cash and cash equivalents | -42 | -9 | 162 | - |
| Cash and cash equivalents at the beginning of the period | 80,718 | 63,684 | 80,320 | - |
| Cash and cash equivalents at the end of the period | 51,130 | 80,718 | 63,684 | - |
New Mountain Finance Corp (NMFC)
New Mountain Finance Corp (NMFC)