SWK Holdings: Baby Bond Represents Only Debt And 8.9% Coupon Yield [Seeking Alpha]
SWK Holdings Corporation (SWKH)
NASDAQ:AMEX Investor Relations:
swkhold.com/investor-relations
Company Research
Source: Seeking Alpha
Play 6min Summary SWK Holdings specializes in healthcare financing through term loans and royalty agreements, with baby bonds offering an attractive 8.9% income yield despite trading above call price. The company saw solid revenue growth in the first half of 2024, driven by interest from financing receivables, but faced increased expenses and lower income from operations. SWK's term loans and royalties have declined, with some loans downgraded, and royalty deals impaired, posing risks to future performance and potential growth in nonaccrual balances. MicroStockHub Introduction SWK Holdings ( NASDAQ: SWKH ) is a specialty asset management company. While the company does engage in some pharmaceutical development, the primary bulk of its business is providing financing to the healthcare industry. The company's financing consists of term loans and royalty agreements. Earlier this year, SWK issued 9% coupon baby bonds that I advised income investors to consider . After a d
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SWKH
News
- SWK Holdings Corporation Announces Financial Results for Third Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- SWK Holdings Corporation Announces Financial Results for Third Quarter 2024 Accesswire
- SWK Holdings Provides Portfolio UpdateAccesswire
- Those who invested in SWK Holdings (NASDAQ:SWKH) five years ago are up 34% [Yahoo! Finance]Yahoo! Finance
SWKH
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form 8-K
- 11/14/24 - Form 10-Q
- SWKH's page on the SEC website