Main Street Capital Balance Sheet Health
Financial Health criteria checks 2/6
Main Street Capital has a total shareholder equity of $2.7B and total debt of $2.2B, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are $5.1B and $2.4B respectively. Main Street Capital's EBIT is $468.7M making its interest coverage ratio 4.1. It has cash and short-term investments of $84.4M.
Key information
81.7%
Debt to equity ratio
US$2.20b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$84.42m |
| Equity | US$2.69b |
| Total liabilities | US$2.40b |
| Total assets | US$5.09b |
Recent financial health updates
No updates
Recent updates
Assessing Main Street's Preliminary Earnings For Q3 2024
Nov 07Main Street Capital: More Gains From This High-Yielder
Oct 18Main Street Capital Corporation's (NYSE:MAIN) Business And Shares Still Trailing The Market
Oct 05
Main Street Capital: Overpriced 8% BDC Yield
Sep 30Main Street Capital: The Fears Of Premium Are Overblown
Sep 15Hold On To Main Street Capital To Walk Through Interest Rate Changes Safely
Sep 01Does Main Street Capital (NYSE:MAIN) Deserve A Spot On Your Watchlist?
Aug 29Main Street Capital: A Great Business At The Wrong Price
Aug 15Main Street Capital: 2 Reasons Not To Buy Right Now
Jul 26Main Street Capital: 40+ Big-Yield BDCs Compared
Jul 02Main Street Capital: Still Plenty Of Reasons To Own This BDC
Jun 25Little Excitement Around Main Street Capital Corporation's (NYSE:MAIN) Earnings
Jun 15Bad News For Main Street Capital Stock
Jun 04Main Street Capital: High Quality Comes At A High Premium
May 25Main Street Capital Q1 Earnings: Still One Of The Best In The Business
May 15Here's Why Main Street Capital (NYSE:MAIN) Has Caught The Eye Of Investors
May 07Main Street: Too Expensive To Touch, But Bonds Look Delicious
Apr 21Main Street Capital: A Solid 8% Yield, But Unattractive Risk/Reward (Rating Downgrade)
Apr 086.3% Monthly Yield: Why Main Street Capital Is A Great Dividend Growth Stock
Mar 15Main Street Capital: Solid Income Generator For The Long Term
Mar 06Investors Aren't Buying Main Street Capital Corporation's (NYSE:MAIN) Earnings
Feb 27Main Street Capital: Time To Face The Rate Cuts Reality (Downgrade)
Feb 08With EPS Growth And More, Main Street Capital (NYSE:MAIN) Makes An Interesting Case
Jan 23Main Street Capital Vs. CION Investment: Only One Is A Strong Buy
Jan 07Main Street Capital: A Great Income Stock For 2024
Dec 30Main Street Capital: Buy This Blue-Chip BDC Showering Shareholders With Monthly Dividends
Dec 232 Stocks To Help Build Your Dividend Income In 2024
Dec 14Main Street Capital: Well-Deserved Premium For This Leading BDC
Nov 14Main Street Capital (NYSE:MAIN) Has Announced That It Will Be Increasing Its Dividend To $0.235
Oct 21Main Street Capital: Capture A 7.1% Yield That Has Demonstrated Strong Results Recently (Rating Upgrade)
Oct 14Main Street Capital (NYSE:MAIN) Has Announced That It Will Be Increasing Its Dividend To $0.235
Oct 07Main Street Capital: Buy This Blue-Chip BDC And Sleep Like A Baby
Sep 29Building A Balanced Portfolio With Main Street Capital
Sep 19Main Street Capital (NYSE:MAIN) Is Paying Out A Larger Dividend Than Last Year
Sep 11Main Street Capital (NYSE:MAIN) Is Increasing Its Dividend To $0.23
Aug 28Main Street Capital: An Attractive Yield Opportunity
Aug 27Main Street Capital (NYSE:MAIN) Is Paying Out A Larger Dividend Than Last Year
Aug 06High Yield Monthly Dividends: Why SLR Investment Corp Beats Main Street Capital
Aug 05Main Street Capital: Who Else Likes Monthly Mailbox Money?
Jul 27Let's Build A Bond Portfolio Together: Main Street Capital 2026 Bonds, Yield 7.5%
Jul 11I Like Main Street Capital But Not At This Price
Jul 05Financial Position Analysis
Short Term Liabilities: MAIN's short term assets ($170.8M) exceed its short term liabilities ($100.6M).
Long Term Liabilities: MAIN's short term assets ($170.8M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: MAIN's net debt to equity ratio (78.6%) is considered high.
Reducing Debt: MAIN's debt to equity ratio has increased from 69.2% to 81.7% over the past 5 years.
Debt Coverage: MAIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MAIN's interest payments on its debt are well covered by EBIT (4.1x coverage).