SLR Investment Balance Sheet Health
Financial Health criteria checks 1/6
SLR Investment has a total shareholder equity of $986.6M and total debt of $1.2B, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are $2.5B and $1.5B respectively. SLR Investment's EBIT is $164.6M making its interest coverage ratio 2.3. It has cash and short-term investments of $344.2M.
Key information
119.4%
Debt to equity ratio
US$1.18b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$344.15m |
| Equity | US$986.64m |
| Total liabilities | US$1.54b |
| Total assets | US$2.52b |
Recent financial health updates
No updates
Recent updates
SLR Investment: Things Have Changed, It Is Time To Buy This BDC
Apr 22SLR Investment: Trading Below NAV With A 10.4% Dividend Yield But I'm On The Sidelines
Mar 08SLR Capital Partners secures minority investments from Petershill, HPC
Oct 03SLR Investment declares $0.1367 dividend
Sep 02SLR Investment Corp. Is A BDC: Better Don't Commit
Aug 12SLR Investment GAAP EPS of -$0.29
Aug 02SLR Investment declares $0.1367 dividend
Jul 06SLR Investment Corp.: Boost Your Income With This 10.9% Yielding BDC
May 22Vote 'No' On This High-Yield Merger: SLR Investment
Mar 06High Yield Merger Opportunity Or Risk: SLR Investment
Dec 12SLR Investment: Fight Inflation With This 8.5% Yielder
Dec 05Unique 8.3% Yield That's Set To Soar: SLR Investment
Sep 20SLR Investment's NAV, Dividend, And Valuation Vs. 13 BDC Peers - Part 2 (Includes Q3 2021 Dividend Projection)
Jun 19SLR Investment's NAV, Dividend, And Valuation Vs. 13 BDC Peers - Part 1 (Post Q1 2021 Earnings, Including Current Recommendation For All Covered Peers)
Jun 129.5%-Yielding Solar Capital: Short-Term Pain, Long-Term Gain
Dec 20Solar Capital declares $0.41 dividend
Nov 05Financial Position Analysis
Short Term Liabilities: SLRC's short term assets ($369.1M) exceed its short term liabilities ($355.7M).
Long Term Liabilities: SLRC's short term assets ($369.1M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: SLRC's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: SLRC's debt to equity ratio has increased from 51.5% to 119.4% over the past 5 years.
Debt Coverage: SLRC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SLRC's interest payments on its debt are not well covered by EBIT (2.3x coverage).