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
Golub Capital: Add To Your Cashflow With This 9.4% Yield
Apr 04Golub Capital: A BDC To Consider Whether Or Not Rates Remain Higher
Feb 24Golub Capital: Q1 Earnings Show Additional Supplemental Distributions Likely
Feb 06Golub Capital BDC originates $176.7M commitments in fiscal Q4; fair value declines
Oct 11Golub Capital BDC goes ex-dividend tomorrow
Aug 31Golub Capital: I Am Buying This 8.6% Yielding BDC Hand Over Fist
Aug 21Golub Capital BDC originates $449.6M in fiscal Q3; fair value estimated to rise
Jul 12Golub Capital: This Is A Doubling Down Opportunity
Jun 23Golub Capital: Initiating A Position In This 8.5%-Yielding BDC
May 26Golub Capital: Collect A Covered 7.8% Yield From This BDC
Apr 14Golub Capital: 7.6% Yield, Get Paid To Own This Stalwart BDC
Feb 21Golub Capital BDC: Q3 Update - Income Tailwinds Drive Dividend Increase
Dec 09Conservative Portfolio Safely Paying Investors 7.3%: Golub Capital
Oct 17Golub Capital BDC: A BDC With A Margin Of Safety
Oct 04Golub Capital: This Stalwart Pays You A 7.6% Yield
Sep 21Golub Capital records record deal activity in Q4
Jan 11Golub Capital BDC: Short-Term Pain, Long-Term Gain
Dec 06Golub Capital BDC NII beats by $0.01, misses on total investment income
Nov 30Financial Position Analysis
Short Term Liabilities: GBDC's short term assets ($237.1M) exceed its short term liabilities ($69.3M).
Long Term Liabilities: GBDC's short term assets ($237.1M) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: GBDC's net debt to equity ratio (116.6%) is considered high.
Reducing Debt: GBDC's debt to equity ratio has increased from 102.6% to 119.6% over the past 5 years.
Debt Coverage: GBDC's debt is not well covered by operating cash flow (10%).
Interest Coverage: GBDC's interest payments on its debt are well covered by EBIT (3x coverage).