Goldman Sachs BDC, Inc.

NYSE:GSBD Stock Report

Market Cap: US$1.5b

Goldman Sachs BDC Balance Sheet Health

Financial Health criteria checks 1/6

Goldman Sachs BDC has a total shareholder equity of $1.6B and total debt of $1.9B, which brings its debt-to-equity ratio to 118.6%. Its total assets and total liabilities are $3.5B and $2.0B respectively. Goldman Sachs BDC's EBIT is $377.4M making its interest coverage ratio 3.4. It has cash and short-term investments of $53.0M.

Key information

118.6%

Debt to equity ratio

US$1.88b

Debt

Interest coverage ratio3.4x
CashUS$52.96m
EquityUS$1.59b
Total liabilitiesUS$1.96b
Total assetsUS$3.55b

Recent financial health updates

No updates

Recent updates

Goldman Sachs BDC: Important Improvements But Headwinds Warrant Caution (Rating Downgrade)

Nov 20

Goldman Sachs BDC: Rising Concerns, But I'm Confident Dividend Remains Secure

Oct 28

Goldman Sachs BDC: Strong Dividend Coverage But Some Portfolio Concerns

Oct 14

Goldman Sachs BDC: The Weak Quality Factor Has Kicked In

Aug 26

Goldman Sachs BDC: Time To Buy The Crash, Lock In A 13% Yield

Aug 16

Goldman Sachs BDC: Decreasing Non-Accruals And Increased Investment Activity (Upgrade)

Jul 26

Goldman Sachs BDC: Improvements, But Key Risks Remain

Jul 05

Goldman Sachs BDC: Lock In A High-Quality 12% Yield On The Drop

Jun 04

Goldman Sachs BDC: 12% Yield And Re-Rating Potential (Rating Upgrade)

May 20

Goldman Sachs BDC: The Margin Of Safety Is Still Too Low To Go Long

Apr 18

Goldman Sachs BDC: It Has Headwinds To Navigate

Mar 19

Goldman Sachs BDC: Credit Issues Remain, But The 12% Yield Is Sustainable

Mar 05

Goldman Sachs BDC: An Attractive Income Buy With A 12% Yield

Jan 18

Goldman Sachs BDC: Signs Of Structural Underperformance Going Forward

Dec 27

Goldman Sachs BDC: Still A Buy

Nov 13

Goldman Sachs BDC: Earn A Solid 13% Yield Here (Upgrade)

Sep 04

Goldman Sachs BDC: Compelling Yield But Watch Higher-Risk Portfolio Holdings

Aug 08

Safer 12% Yield: Goldman Sachs BDC Or Monroe Capital

Jun 21

Goldman Sachs BDC: 13% Dividend Yield Does Not Compensate For Poor Underwriting

Jun 13

Goldman Sachs BDC NII of $0.66 beats by $0.15, total investment income of $106.5M beats by $4.49M

Feb 23

Goldman Sachs BDC: You Can Now Secure A 12.1% Dividend Yield Here

Jan 24

Goldman Sachs BDC declares $0.45 dividend

Nov 03

Goldman Sachs BDC: Doubling-Down Opportunity For This 12% Yielder

Oct 12

Goldman Sachs BDC: Generate 10.3% Passive Income With This BDC

Aug 22

Goldman Sachs BDC Stands For A Better Dividend Class

Jun 16

Goldman Sachs BDC: Future Growth With Sizable Risk

Feb 23

Big Boy BDC Battle: Blue Owl, Goldman Sachs

Nov 28

Buy Goldman Sachs BDC For Security And Dividend

Sep 21

Goldman Sachs BDC 2021 Q1 - Results - Earnings Call Presentation

May 07

Goldman Sachs BDC prices $500M notes offering

Nov 19

Goldman Sachs BDC declares $0.45 dividend

Nov 05

Financial Position Analysis

Short Term Liabilities: GSBD's short term assets ($85.7M) do not cover its short term liabilities ($438.3M).

Long Term Liabilities: GSBD's short term assets ($85.7M) do not cover its long term liabilities ($1.5B).

Debt to Equity History and Analysis

Debt Level: GSBD's net debt to equity ratio (115.2%) is considered high.

Reducing Debt: GSBD's debt to equity ratio has increased from 106.3% to 118.6% over the past 5 years.

Debt Coverage: GSBD's debt is not well covered by operating cash flow (3.8%).

Interest Coverage: GSBD's interest payments on its debt are well covered by EBIT (3.4x coverage).

Balance Sheet