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 2.8. 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 | 2.8x |
| 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
Golub Capital: High-Yield Play With Caveats
Nov 14Golub Capital: A Good Blend Of Yield, Quality, And Income In An Expensive Sector
Oct 31Golub Capital: Healthy And Well-Covered 11% Dividend
Oct 13Golub Capital BDC: A Solid Quarter But Worse Under The Hood
Sep 16Golub Capital BDC: A Strong 12% BDC Yield Trading Below NAV
Sep 10Golub Capital: 11% Yield And Cheap (Upgrade)
Aug 19Golub Capital: Price Drop Brings This Into Buy Zone (Rating Upgrade)
Aug 03Golub Capital: Buy The Dip On This 10% Yield
Jul 21Golub Capital: A 10% Yielding BDC That Remains An Attractive Income Play
Jun 13Golub Capital: 11% Yield And Merger Catalyst
May 24Golub Capital: Outperformance In Q2 Made This BDC Too Expensive (Downgrade)
May 07Golub 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 ($466.0M) exceed its short term liabilities ($89.8M).
Long Term Liabilities: GBDC's short term assets ($466.0M) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: GBDC's net debt to equity ratio (111.3%) is considered high.
Reducing Debt: GBDC's debt to equity ratio has increased from 95.3% to 114.6% over the past 5 years.
Debt Coverage: GBDC's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: GBDC's interest payments on its debt are not well covered by EBIT (2.8x coverage).