Main Street Capital Balance Sheet Health
Financial Health criteria checks 1/6
Main Street Capital has a total shareholder equity of $2.5B and total debt of $1.8B, which brings its debt-to-equity ratio to 72.8%. Its total assets and total liabilities are $4.4B and $2.0B respectively. Main Street Capital's EBIT is $441.6M making its interest coverage ratio 4.3. It has cash and short-term investments of $60.1M.
Key information
72.8%
Debt to equity ratio
US$1.80b
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$60.08m |
| Equity | US$2.48b |
| Total liabilities | US$1.97b |
| Total assets | US$4.44b |
Recent financial health updates
No updates
Recent updates
Main 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 27
Main 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 05Main Street Capital: What's The Hype Around The 7% Monthly Yield?
Jun 127% Yield - Main Street's Answer To The Retirement Crisis
Jun 02Main Street Capital declares $0.225 dividend, $0.175 supplemental dividend
Feb 22Main Street completes $12.2M follow-on investment in Iron-Main
Feb 14Main Street Capital pursues fifth follow-on investment in Gamber-Johnson
Jan 24Main Street Capital's private loan portfolio activity abates from Q3
Jan 12Main Street invests $18.1M in World Micro Components
Dec 20Main Street Capital (NYSE:MAIN) Will Pay A Dividend Of $0.10
Dec 09Main Street: A 7% Yielding Best-Of-Breed BDC
Dec 07Main Street Capital finances recapitalization of MetalForming
Oct 27Financial Position Analysis
Short Term Liabilities: MAIN's short term assets ($149.4M) do not cover its short term liabilities ($152.7M).
Long Term Liabilities: MAIN's short term assets ($149.4M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: MAIN's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: MAIN's debt to equity ratio has increased from 67.5% to 72.8% over the past 5 years.
Debt Coverage: MAIN's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: MAIN's interest payments on its debt are well covered by EBIT (4.3x coverage).