Reported Late Tuesday, TEAF Provides Unaudited Balance Sheet Information And Asset Coverage Ratio Updates As Of December 29, 2023; Unaudited Net Asset Value Was $202.5M, Or $15.01/Share
Portfolio Pulse from Benzinga Newsdesk
TEAF released unaudited balance sheet information and asset coverage ratio updates as of December 29, 2023. The unaudited net asset value (NAV) was reported to be $202.5 million, or $15.01 per share.
January 03, 2024 | 6:23 am
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TEAF reported an unaudited net asset value of $202.5 million, equating to $15.01 per share, providing investors with updated financial information.
The release of positive unaudited financial information, such as a solid net asset value, typically instills confidence in investors and can lead to a short-term positive impact on the stock price. However, since the information is unaudited, there may be some caution in the market until audited figures are available.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100