Fidus Investment (Fidus Investment) LT-Debt-to-Total-Asset : 0.43 (As of Dec. 2023)

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What is Fidus Investment LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Fidus Investment's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.43.

Fidus Investment's long-term debt to total assets ratio declined from Dec. 2022 (0.44) to Dec. 2023 (0.43). It may suggest that Fidus Investment is progressively becoming less dependent on debt to grow their business.

Fidus Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fidus Investment's LT-Debt-to-Total-Asset 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.

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Fidus Investment LT-Debt-to-Total-Asset Chart

Fidus Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.45

0.51

0.41

0.44

0.43

Fidus Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.44	0.46	0.48	0.44	0.43

Fidus Investment LT-Debt-to-Total-Asset Calculation

Fidus Investment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	466.513	/	1090.898
	=	0.43

Fidus Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	466.513	/	1090.898
	=	0.43

Fidus Investment (NAS:FDUS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Fidus Investment LT-Debt-to-Total-Asset Related Terms

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Fidus Investment (Fidus Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fidus Investment Corp (NAS:FDUS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

8QP:Germany

Address

1603 Orrington Avenue, Suite 1005, Evanston, IL, USA, 60201

Website

https://www.fdus.com

Fidus Investment Corp is an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company. The company provides customized debt and equity financing solutions to lower middle-market companies, which management generally defines as U.S. based companies with revenues between $10 million and $150 million. The company invests in companies that possess some or all of the following attributes: predictable revenues; positive cash flows; defensible market positions; diversified customer and supplier bases; and management teams with operating discipline.

Executives

Charles D Hyman	director	224 PONTE VEDRA PARK DRIVE, SUITE 200, PONTE VEDRA BEACH FL 32082
Edward H Ross	director, officer: See Remarks
Shelby E Sherard	officer: See Remarks	2215 SANDERS ROAD, SUITE 400, NORTHBROOK IL 60062
Edward X. Tune	director	C/O FIDUS INVESTMENT CORPORATION, 1603 ORRINGTON AVENUE, SUITE 1005, EVANSTON IL 60201
Anstiss Raymond L. Jr.	director	1603 ORRINGTON AVENUE, SUITE 820, EVANSTON IL 60201
Thomas Charles Lauer	director, officer: President	1919 PENNSYLVANIA AVENUE, NW, SUITE 300, WASHINGTON DC 20006
Cary L Schaefer	officer: See Remarks	1603 ORRINGTON AVE, STE 820, EVANSTON IL 60201
John A. Mazzarino	director	1603 ORRINGTON AVENUE, SUITE 820, EVANSTON IL 60201
Pinebridge Secondary Partners Ii Holdings, L.p.	10 percent owner	399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Pinebridge Secondary Partners Ii Gp, L.p.	10 percent owner	399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Charles G Phillips	director
Wayne F Robinson	director	1603 ORRINGTON AVENUE, SUITE 820, EVANSTON IL 60201