Golub Capital BDC Balance Sheet Health
Financial Health criteria checks 1/6
Golub Capital BDC has a total shareholder equity of $4.0B and total debt of $4.6B, which brings its debt-to-equity ratio to 114.6%. Its total assets and total liabilities are $8.7B and $4.7B respectively. Golub Capital BDC's EBIT is $596.0M making its interest coverage ratio 2.9. It has cash and short-term investments of $131.2M.
Key information
114.6%
Debt to equity ratio
US$4.60b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$131.16m |
| Equity | US$4.01b |
| Total liabilities | US$4.69b |
| Total assets | US$8.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OGL's short term assets ($466.0M) exceed its short term liabilities ($89.0M).
Long Term Liabilities: OGL's short term assets ($466.0M) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: OGL's net debt to equity ratio (111.3%) is considered high.
Reducing Debt: OGL's debt to equity ratio has increased from 95.3% to 114.6% over the past 5 years.
Debt Coverage: OGL's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: OGL's interest payments on its debt are not well covered by EBIT (2.9x coverage).