BlackRock Capital Investment Balance Sheet Health
Financial Health criteria checks 1/6
BlackRock Capital Investment has a total shareholder equity of $315.7M and total debt of $293.7M, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are $627.3M and $311.6M respectively. BlackRock Capital Investment's EBIT is $59.2M making its interest coverage ratio 2.7. It has cash and short-term investments of $9.4M.
Key information
93.0%
Debt to equity ratio
US$293.72m
Debt
Interest coverage ratio | 2.7x |
Cash | US$9.36m |
Equity | US$315.73m |
Total liabilities | US$311.56m |
Total assets | US$627.29m |
Recent financial health updates
Recent updates
BlackRock Capital Investment: 11.7% Yield And 25% Discount To Book Value
Sep 30BlackRock Capital Investment: An Average BDC With A Dividend Yield Of 9.83%
May 19BlackRock Capital: An Income Investor Nightmare But With A Good BDC Investment Portfolio Structure
Dec 09BlackRock Capital Investment: Know When To Fold'em
Nov 23BlackRock Capital Investment Corporation 2020 Q3 - Results - Earnings Call Presentation
Nov 05Financial Position Analysis
Short Term Liabilities: BKCC's short term assets ($19.8M) exceed its short term liabilities ($17.8M).
Long Term Liabilities: BKCC's short term assets ($19.8M) do not cover its long term liabilities ($293.7M).
Debt to Equity History and Analysis
Debt Level: BKCC's net debt to equity ratio (90.1%) is considered high.
Reducing Debt: BKCC's debt to equity ratio has increased from 38.3% to 93% over the past 5 years.
Debt Coverage: BKCC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BKCC's interest payments on its debt are not well covered by EBIT (2.7x coverage).