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Bain Capital Specialty Finance (Bain Capital Specialty Finance) Total Assets : $2,472.3 Mil (As of Dec. 2023)


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What is Bain Capital Specialty Finance Total Assets?

Bain Capital Specialty Finance's Total Assets for the quarter that ended in Dec. 2023 was $2,472.3 Mil.

During the past 12 months, Bain Capital Specialty Finance's average Total Assets Growth Rate was -4.30% per year. During the past 3 years, the average Total Assets Growth Rate was -1.70% per year. During the past 5 years, the average Total Assets Growth Rate was 4.20% per year.

During the past 8 years, Bain Capital Specialty Finance's highest 3-Year average Total Assets Growth Rate was 187.20%. The lowest was -1.70%. And the median was 11.40%.

Total Assets is connected with ROA %. Bain Capital Specialty Finance's annualized ROA % for the quarter that ended in Dec. 2023 was 4.93%. Total Assets is also linked to Revenue through Asset Turnover. Bain Capital Specialty Finance's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


Bain Capital Specialty Finance Total Assets Historical Data

The historical data trend for Bain Capital Specialty Finance's Total Assets 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.

* Premium members only.

Bain Capital Specialty Finance Total Assets Chart

Bain Capital Specialty Finance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 2,645.55 2,603.49 2,571.19 2,592.43 2,472.35

Bain Capital Specialty Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,592.43 2,606.35 2,675.39 2,566.48 2,472.35

Bain Capital Specialty Finance Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Bain Capital Specialty Finance's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1136.466+1335.882
=2,472.3

Bain Capital Specialty Finance's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=1136.466+1335.882
=2,472.3

* 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.


Bain Capital Specialty Finance  (NYSE:BCSF) Total Assets Explanation

Total Assets is connected with ROA %.

Bain Capital Specialty Finance's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=124.252/( (2566.475+2472.348)/ 2 )
=124.252/2519.4115
=4.93 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Bain Capital Specialty Finance's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=35.633/( (2566.475+2472.348)/ 2 )
=35.633/2519.4115
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Bain Capital Specialty Finance Total Assets Related Terms

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Bain Capital Specialty Finance (Bain Capital Specialty Finance) Business Description

Traded in Other Exchanges
Address
200 Clarendon Street, 37th Floor, Boston, MA, USA, 02116
Bain Capital Specialty Finance Inc is an externally managed, closed-end, non-diversified management investment company. The company has elected to be treated as a business development company (BDC) under the Investment Company Act of 1940. The company is managed by the Advisor, an investment adviser that is registered with the SEC under the Investment Advisers Act. The advisor also provides the administrative services necessary for the company to operate. The primary focus is capitalizing on opportunities within Bain Capital Credit's Senior Direct Lending Strategy which seeks to provide risk-adjusted returns and current income to investors by investing primarily in middle-market companies with between $10.0 million and $150.0 million in annual EBITDA.
Executives
Clare Stack Richer director BAIN CAPITAL, LP, 200 CLARENDON STREET, BOSTON MA 02116
Jessica Yeager officer: Secretary 200 CLARENDON STREET, BOSTON MA 02116
Thomas A. Hough director 2613 RUTGERS COURT, PLANO TX 75093
Amy S Butte director C/O L CATTERTON MANAGEMENT, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Michael A Ewald officer: President and CEO C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Jeffrey B. Hawkins director C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Sally F Dornaus officer: Chief Financial Officer C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Jay Margolis director C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Michael John Boyle officer: Vice President and Treasurer C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Patrick M. Dury officer: Chief Financial Officer 200 CLARENDON STREET, BOSTON MA 02116
Michael Bennett Treisman officer: Vice President and Secretary C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2016 (f), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bcsf Holdings, L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
David G Fubini director D.G. FUBINI CONSULTANTS, LLC, 80 SEARS ROAD, BROOKLINE MA 02445

Bain Capital Specialty Finance (Bain Capital Specialty Finance) Headlines

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