Golub Capital BDC (FRA:OGL) Beginning Cash Position: €138.9 Mil (As of Mar. 2026)

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FRA:OGL Golub Capital BDC Inc FRA:OGL
51 GF Score
Price €11.40
GF Value €7.57
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Golub Capital BDC Beginning Cash Position?

Golub Capital BDC FRA:OGL +1.29% 51 Beginning Cash Position is €138.9 Mil as of Mar. 2026. GuruFocus rates FRA:OGL with a GF Score™ of 51/100 and a GF Value™ of €7.57 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Golub Capital BDC's Beginning Cash Position for the quarter that ended in Mar. 2026 was €138.9 Mil.

Golub Capital BDC's quarterly Beginning Cash Position declined from Sep. 2025 (€152.3 Mil) to Dec. 2025 (€96.0 Mil) but then increased from Dec. 2025 (€96.0 Mil) to Mar. 2026 (€138.9 Mil).

Golub Capital BDC's annual Beginning Cash Position declined from Sep. 2023 (€169.2 Mil) to Sep. 2024 (€126.3 Mil) but then increased from Sep. 2024 (€126.3 Mil) to Sep. 2025 (€306.3 Mil).

Golub Capital BDC Beginning Cash Position Related Terms

Golub Capital BDC Beginning Cash Position Historical Data

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The historical data trend for Golub Capital BDC's Beginning Cash Position 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.

Golub Capital BDC Beginning Cash Position Chart

Golub Capital BDC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.77 246.79 169.18 126.33 306.34

Golub Capital BDC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position 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 204.31 213.62 152.32 96.03 138.87
FRA:OGL
51GF Score
Golub Capital BDC Inc FRA:OGL
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Golub Capital BDC Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €138.9 Mil mean?
Golub Capital BDC (FRA:OGL) has a Beginning Cash Position of €138.9 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Golub Capital BDC and its competitors.
Is Golub Capital BDC's Beginning Cash Position too high?
Golub Capital BDC's current Beginning Cash Position is €138.9 Mil. Overall, Golub Capital BDC has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golub Capital BDC's Beginning Cash Position compare to STEP and CSQ?
Golub Capital BDC's Beginning Cash Position of €138.9 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Asset Management company?
A good Beginning Cash Position depends on the Asset Management industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Golub Capital BDC and its competitors. Golub Capital BDC's current Beginning Cash Position is €138.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golub Capital BDC stock overvalued right now?
Based on GuruFocus' analysis, Golub Capital BDC (FRA:OGL) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.57, compared to a current price of €11.40 — trading 50.6% above its estimated fair value. The current Beginning Cash Position is €138.9 Mil. Golub Capital BDC's overall GF Score™ is 51/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Golub Capital BDC (FRA:OGL), the current Beginning Cash Position is €138.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Golub Capital BDC (FRA:OGL) Overvalued in 2026?

Based on GuruFocus' analysis, Golub Capital BDC stock appears to be overvalued. The current stock price of €11.40 is trading 50.6% above its estimated GF Value™ of €7.57. GuruFocus considers Golub Capital BDC to be Significantly Overvalued.

Key valuation signals for FRA:OGL:

  • Beginning Cash Position: €138.9 Mil
  • GF Value™: €7.57 vs. price of €11.40 (50.6% above fair value)
  • GF Score™: 51/100 with 8 warning signs

No single metric tells the full story. See the FRA:OGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Golub Capital BDC Business Description

Other Exchanges GBDC:USA0IZ6:UK
Address 200 Park Avenue, 25th Floor, New York, NY, USA, 10166
Golub Capital BDC Inc. is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in U.S. middle-market companies. It also invests in second-lien and subordinated loans, warrants, and minority equity securities in U.S. middle-market companies. The company generally invests in securities rated below investment grade by independent rating agencies, or those that would be rated below investment grade if evaluated. The company operates in the USA, Canada, and other countries, with the majority of its revenue coming from the USA.
51GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.40
Price
€7.57
GF Value