BlackRock Capital Investment (BlackRock Capital Investment) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is BlackRock Capital Investment Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. BlackRock Capital Investment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, BlackRock Capital Investment couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for BlackRock Capital Investment's Cash-to-Debt or its related term are showing as below:

BKCC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.14
Current: 0.03

During the past 13 years, BlackRock Capital Investment's highest Cash to Debt Ratio was 0.14. The lowest was 0.02. And the median was 0.04.

BKCC's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.39 vs BKCC: 0.03

BlackRock Capital Investment Cash-to-Debt Historical Data

The historical data trend for BlackRock Capital Investment's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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BlackRock Capital Investment Cash-to-Debt Chart

BlackRock Capital Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.05

0.13

0.07

0.04

0.03

BlackRock Capital Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.02	0.04	0.03	0.03

Competitive Comparison of BlackRock Capital Investment's Cash-to-Debt

For the Asset Management subindustry, BlackRock Capital Investment's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BlackRock Capital Investment's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Capital Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where BlackRock Capital Investment's Cash-to-Debt falls into.

BlackRock Capital Investment Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

BlackRock Capital Investment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	9.359	/	(0	+	292.342)
	=	0.03

BlackRock Capital Investment's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	9.359	/	(0	+	292.342)
	=	0.03

BlackRock Capital Investment (NAS:BKCC) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

BlackRock Capital Investment Cash-to-Debt Related Terms

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BlackRock Capital Investment (BlackRock Capital Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Capital Investment Corp (NAS:BKCC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

8BK:Germany 8BK:Germany

Address

50 Hudson Yards, New York, NY, USA, 10001

Website

https://www.blackrockbkcc.com

BlackRock Capital Investment Corporation is a closed-end investment management enterprise based in the United States. It carries out its operations to generate both income and capital appreciation for its investors through its senior and junior secured, unsecured, and subordinated debt securities and loans and equity securities. BlackRock also follows a policy of investing primarily in middle-market companies with adequate annual revenue and positive cash flows. Its investment portfolio includes companies predominantly in the finance sector. Other sectors of investments comprise chemicals, healthcare, consumer goods, and retail.

Executives

Chip Holladay	officer: Interim CFO and Treasurer	40 EAST 52ND STREET, NEW YORK NY 10022
Maureen K Usifer	director	C/O BLACKROCK KELSO CAPITAL ADVISORS LLC, 40 EAST 52ND STREET, NEW YORK NY 10022
Nik Singhal	officer: President	C/O BLACKROCK CAPITAL INVESTMENT CORP, 40 EAST 52ND STREET, NEW YORK NY 10022
James Keenan	director, other: Chairman of the Board	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abby Miller	officer: CFO and Treasurer	C/O BLACKROCK CAPITAL INVESTMENT CORP, 40 EAST 52ND STREET, NEW YORK NY 10022
Michael Pungello	officer: Interim CFO/Interim Treasurer	55 E 52ND STREET, NEW YORK NY 10055
Jerrold B Harris	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mark S Lies	director	55 EAST 52ND ST, NEW YORK NY 10055
Meridee Moore	director
Michael J. Zugay	officer: Chief Executive Officer	55 E 52ND STREET, NEW YORK NY 10055
Steven Sterling	director, officer: CEO and Chairman of the Board	C/O BLACKROCK KELSO CAPITAL CORPORATION, 55 EAST 52ND STREET, NEW YORK NY 10055
John R Baron	director	55 EAST 52ND STREET, NEW YORK NY 10055
Charles Park	officer: Chief Compliance Officer	55 EAST 52ND STREET, NEW YORK NY 10055
Donna Milia	officer: Interim CFO	C/O SKADDEN, ARPS, 1440 NEW YORK AVENUE, NW, WASHINGTON DC 20005
Pankovcin Corinne	officer: Chief Financial Officer	BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022