Franklin BSP Capital (Franklin BSP Capital) LT-Debt-to-Total-Asset : 0.41 (As of Mar. 2024)

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What is Franklin BSP Capital 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. Franklin BSP Capital's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.41.

Franklin BSP Capital's long-term debt to total assets ratio increased from . 20 (0.00) to Mar. 2024 (0.41). It may suggest that Franklin BSP Capital is progressively becoming more dependent on debt to grow their business.

Franklin BSP Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Franklin BSP Capital'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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Franklin BSP Capital LT-Debt-to-Total-Asset Chart

Franklin BSP Capital Annual Data

Trend

LT-Debt-to-Total-Asset

Franklin BSP Capital Quarterly Data
	Mar23	Mar24
LT-Debt-to-Total-Asset	-	0.41

Franklin BSP Capital LT-Debt-to-Total-Asset Calculation

Franklin BSP Capital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

Franklin BSP Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1510.004	/	3663.551
	=	0.41

Franklin BSP Capital (OTCPK:FRBP) 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.

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Franklin BSP Capital (Franklin BSP Capital) Business Description

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Franklin BSP Capital Corp is a an externally managed closed-end management investment company whose investment objective is to generate both current income capital and capital appreciation through debt and equity investments. The Company invests in first and second lien senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle market companies.

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