# Equus Total Return Inc. (EQS)

**Exchange:** NYSE  
**Sector:** Financial Services  
**Market cap:** $17M  
**Price:** $1.28 (-2.92%)

> Equus Total Return Inc. is a closed-end management investment company that focuses on total return investment opportunities. Its primary function is to invest in a diversified portfolio of equity and debt securities, both convertible and non-convertible, with the goal of maximizing capital appreciation and income growth. The company primarily targets American small to mid-sized firms in various industries such as technology, healthcare, and consumer goods, offering an avenue for investors to gain exposure to these sectors. As a closed-end fund, it differs from open-end mutual funds by having a fixed number of shares and being traded like a stock on public exchanges, providing liquidity to investors. Established to capture significant returns while mitigating risk, Equus Total Return plays a pivotal role in offering access to a curated mix of high-potential investment opportunities, making it a valuable entity in the closed-end fund market.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2023 | $225,000 | — | — | $13M | — |
| 2022 | — | — | — | -$1M | — |
| 2021 | — | — | — | $3M | — |
| 2020 | $291,000 | — | — | -$12M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2023 | $94M | $45M | $48M | $7M | — |
| 2022 | $42M | $6M | $35M | $19M | — |
| 2021 | $40M | $3M | $36M | $23M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$2M | — | — |
| 2024 | $38M | — | — |
| 2023 | -$51M | — | — |
| 2022 | -$8M | — | — |
| 2021 | $21M | — | — |
| 2020 | $25M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/EQS)