TriplePoint Venture Growth BDC Balance Sheet Health
Financial Health criteria checks 2/6
TriplePoint Venture Growth BDC has a total shareholder equity of $346.3M and total debt of $607.9M, which brings its debt-to-equity ratio to 175.5%. Its total assets and total liabilities are $978.8M and $632.5M respectively. TriplePoint Venture Growth BDC's EBIT is $110.6M making its interest coverage ratio 3. It has cash and short-term investments of $153.3M.
Key information
175.5%
Debt to equity ratio
US$607.90m
Debt
| Interest coverage ratio | 3x |
| Cash | US$153.33m |
| Equity | US$346.31m |
| Total liabilities | US$632.52m |
| Total assets | US$978.83m |
Recent financial health updates
No updates
Recent updates
TriplePoint Venture Growth: Increased Probability Of A Dividend Cut (Downgrade)
Apr 11TriplePoint Venture Growth: 17% Yield Now A Red Flag
Mar 26TriplePoint Venture Growth: Dividend Cut Looks 2 Quarters Away
Mar 07TriplePoint Venture Growth: Not Worth Chasing Yield Here
Feb 18I'm Getting 14% Dividends On My Last Buy: TriplePoint Venture Growth
Jan 21TriplePoint Venture Growth: Who Can Resist The 15% Dividend Yield?
Dec 24TriplePoint Venture Growth: I'm Skipping The 15.2% Dividend Yield In 2024
Dec 04TriplePoint Venture Group: 16% Well-Covered Yield, Q3 Earnings Up, Undervalued, Buy Rating
Nov 03TriplePoint Venture: This 15.8% Yield May Be Too Risky
Oct 14TriplePoint Venture Growth: Luring Yield, But Cheap For A Reason
Sep 20TriplePoint Venture Growth: The Wheels Are Coming Off This BDC
Aug 24TriplePoint Venture Growth: I Am Aggressively Jumping On This 14% BDC Yield
Aug 11TriplePoint Venture Growth: Net Asset Value Dips, Bad Loans Spike, Dividend Safe
Aug 04TriplePoint Venture Growth: Tech Investing With A 14% Yield
Jun 30TriplePoint Venture Growth: Why The 14.7% Yield Is Not A Trap
May 28TriplePoint Venture Growth: A Potential Opportunity
Dec 28TriplePoint Venture Growth: Don't Let This 13% Yielder Float By
Dec 20TriplePoint Venture Growth's 11.7% Dividend Is Going To Go Higher
Dec 10BDCs: Trinity Looks Attractive Than TriplePoint Venture Growth
Nov 10TriplePoint Venture Growth: Buy This BDC For Strong Returns As It Increases Dividend
Nov 03TriplePoint Venture Growth: A Perfect Beaten-Down Dividend Stock To Buy
Sep 28TriplePoint Venture Growth goes ex-dividend tomorrow
Sep 13TriplePoint Venture: 10% Yield, Double-Digit 2022 Growth, Rising Rate Vehicle
Aug 14TriplePoint Venture Growth NII of $0.41 beats by $0.04, TII of $27.43M beats by $2.49M
Aug 03TriplePoint Venture Growth: Bag This 10% Yield While It's Cheap
Jun 13TriplePoint Venture Growth: 8% Yield On A Venture Capital Portfolio
Mar 20TriplePoint Venture Growth: 8.6% Yield To Help You Hedge Inflation
Feb 12TriplePoint Venture Growth: 9% Yield, Outperforming The Market
Nov 28Deeply Discounted 8.3% Yield: TriplePoint BDC
Oct 26TriplePoint Venture Growth Pays Dividends Of 9.4% Annually With High Safety
Sep 14TriplePoint Venture Growth: 9% Yield On Venture Stage Companies
Aug 22TriplePoint Venture Growth: 9% Yield From Venture Capital
Jun 07TriplePoint Venture Growth declares $0.36 dividend
May 05TriplePoint Venture Growth declares $0.10 special dividend
Dec 21TriplePoint announces $25M extension in revolving credit facility
Dec 14TriplePoint Venture Growth goes ex-dividend tomorrow
Nov 24TriplePoint Venture Growth: Firing On All Cylinders
Nov 09TriplePoint Venture Growth NII beats by $0.02, beats on total investment income
Nov 05Financial Position Analysis
Short Term Liabilities: TPVG's short term assets ($174.0M) exceed its short term liabilities ($23.0M).
Long Term Liabilities: TPVG's short term assets ($174.0M) do not cover its long term liabilities ($609.5M).
Debt to Equity History and Analysis
Debt Level: TPVG's net debt to equity ratio (131.3%) is considered high.
Reducing Debt: TPVG's debt to equity ratio has increased from 28.7% to 175.5% over the past 5 years.
Debt Coverage: TPVG's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: TPVG's interest payments on its debt are well covered by EBIT (3x coverage).