Bain Capital Specialty Finance Balance Sheet Health
Financial Health criteria checks 1/6
Bain Capital Specialty Finance has a total shareholder equity of $1.1B and total debt of $1.3B, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are $2.5B and $1.3B respectively. Bain Capital Specialty Finance's EBIT is $225.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $49.4M.
Key information
110.5%
Debt to equity ratio
US$1.26b
Debt
Interest coverage ratio | 2.8x |
Cash | US$49.40m |
Equity | US$1.14b |
Total liabilities | US$1.34b |
Total assets | US$2.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 618's short term assets ($171.2M) exceed its short term liabilities ($77.7M).
Long Term Liabilities: 618's short term assets ($171.2M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: 618's net debt to equity ratio (106.2%) is considered high.
Reducing Debt: 618's debt to equity ratio has increased from 63.4% to 110.5% over the past 5 years.
Debt Coverage: 618's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: 618's interest payments on its debt are not well covered by EBIT (2.8x coverage).