Bain Capital Specialty Finance Balance Sheet Health
Financial Health criteria checks 1/6
Bain Capital Specialty Finance has a total shareholder equity of $1.1B and total debt of $1.3B, which brings its debt-to-equity ratio to 110.5%. Its total assets and total liabilities are $2.5B and $1.3B respectively. Bain Capital Specialty Finance's EBIT is $225.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $49.4M.
Key information
110.5%
Debt to equity ratio
US$1.26b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$49.40m |
| Equity | US$1.14b |
| Total liabilities | US$1.34b |
| Total assets | US$2.47b |
Recent financial health updates
No updates
Recent updates
Bain Capital Specialty Finance: Q4, A Double-Digit Yielding BDC That Deserves More Appreciation
Apr 24Bain Capital Specialty Finance: Discount To NAV And Strong Growth Make It Attractive
Feb 08Bain Capital Specialty Finance: 11% Dividend Yield, 14% Discount To NAV
Nov 22Bain Capital Specialty Finance: I'm Buying The 10.5% Dividend Hike And NAV Growth
Sep 18Bain Capital Specialty Finance: The Fat 11.2% Yield Is Secured
Jul 07Blackstone said in talks with Bain Capital to sell ~50% stake in India's largest REIT
Jan 24Bain Capital Specialty Finance: An 11.2% Yield Trap
Oct 18Bain Capital Specialty Finance declares $0.34 dividend
Aug 03Bain Capital Specialty Finance: Avoid This 9.8% Yielding BDC
Jul 05Bain Capital Specialty Finance: An Excellent Opportunity For Dividend Investors
Mar 18Bain Capital Specialty Finance: Discounted BDC With A Strong Yield
Sep 28Bain Capital Specialty Finance, Inc. 2021 Q1 - Results - Earnings Call Presentation
Jun 01Bain Capital Specialty Finance declares $0.34 dividend
May 05Bain Capital Specialty Finance, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 09Bain Capital Specialty Finance NII misses by $0.01, misses on total investment income
Nov 05Financial Position Analysis
Short Term Liabilities: BCSF's short term assets ($171.2M) exceed its short term liabilities ($77.7M).
Long Term Liabilities: BCSF's short term assets ($171.2M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: BCSF's net debt to equity ratio (106.2%) is considered high.
Reducing Debt: BCSF's debt to equity ratio has increased from 63.4% to 110.5% over the past 5 years.
Debt Coverage: BCSF's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: BCSF's interest payments on its debt are not well covered by EBIT (2.8x coverage).