Golub Capital BDC Balance Sheet Health
Financial Health criteria checks 2/6
Golub Capital BDC has a total shareholder equity of $2.6B and total debt of $3.1B, which brings its debt-to-equity ratio to 119.6%. Its total assets and total liabilities are $5.7B and $3.1B respectively. Golub Capital BDC's EBIT is $472.6M making its interest coverage ratio 3. It has cash and short-term investments of $76.7M.
Key information
119.6%
Debt to equity ratio
US$3.07b
Debt
Interest coverage ratio | 3x |
Cash | US$76.66m |
Equity | US$2.56b |
Total liabilities | US$3.14b |
Total assets | US$5.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OGL's short term assets ($237.1M) exceed its short term liabilities ($69.3M).
Long Term Liabilities: OGL's short term assets ($237.1M) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: OGL's net debt to equity ratio (116.6%) is considered high.
Reducing Debt: OGL's debt to equity ratio has increased from 102.6% to 119.6% over the past 5 years.
Debt Coverage: OGL's debt is not well covered by operating cash flow (10%).
Interest Coverage: OGL's interest payments on its debt are well covered by EBIT (3x coverage).