Sixth Street Specialty Lending (Sixth Street Specialty Lending) Cash-to-Debt

: 0.00 (As of Dec. 2023)

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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. Sixth Street Specialty Lending's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.00.

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, Sixth Street Specialty Lending 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 Sixth Street Specialty Lending's Cash-to-Debt or its related term are showing as below:

During the past 13 years, Sixth Street Specialty Lending's highest Cash to Debt Ratio was 0.01. The lowest was 0.00. And the median was 0.00.

TSLX's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.265
* Ranked among companies with meaningful Cash-to-Debt only.

Sixth Street Specialty Lending Cash-to-Debt Historical Data

The historical data trend for Sixth Street Specialty Lending'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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Sixth Street Specialty Lending Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

Sixth Street Specialty Lending 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															0.01	0.01	0.01	-	-

Competitive Comparison

For the Asset Management subindustry, Sixth Street Specialty Lending'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.

Sixth Street Specialty Lending Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sixth Street Specialty Lending's Cash-to-Debt falls into.

Sixth Street Specialty Lending 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.

Sixth Street Specialty Lending'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)
	=	1.217	/	(0	+	1780.307)
	=	0.00

Sixth Street Specialty Lending'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)
	=	1.217	/	(0	+	1780.307)
	=	0.00

Sixth Street Specialty Lending (NYSE:TSLX) 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.

Sixth Street Specialty Lending Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Sixth Street Specialty Lending's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Sixth Street Specialty Lending (Sixth Street Specialty Lending) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sixth Street Specialty Lending Inc (NYSE:TSLX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

1T6:Germany

Address

2100 McKinney Avenue, Suite 1500, Dallas, TX, USA, 75201

Website

https://www.sixthstreetspecialtylending.com

Sixth Street Specialty Lending Inc is a specialty finance company focused on providing flexible, fully committed financing solutions to middle market companies located in the united states of america. It partners with companies across a variety of industries and excel at providing creative solutions to companies with complex business models that may have limited access to capital. The company seeks to generate income in U.S.-domiciled middle-market companies through direct originations of interest income from the investments we hold. In addition, we may generate income from dividends on equity investments, capital gains on the sale of investments and various loan origination and other fees.

Executives

P Emery Covington	director	2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Hurley Doddy	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Michael Graf	officer: Principal Accounting Officer	301 COMMERCE STREET, FORT WORTH TX 76102
Anton Brett	officer: Chief Compliance Officer	C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Steven Pluss	officer: Vice President	C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, FORT WORTH TX 76102
Joshua Peck	officer: Vice President	C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Jennifer Gordon	officer: Chief Compliance Officer	C/O TPG GLOBAL, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Ian Simmonds	officer: Chief Financial Officer	301 COMMERCE STREET, FORT WORTH TX 76102
Judy S Slotkin	director	888 PARK AVENUE, NEW YORK NY 10021
Richard A Higginbotham	director	FLEETBOSTON FINANCIAL CORP, 100 FEDERAL STREET, BOSTON MA 02110
Joshua Easterly	director, officer: Vice President	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
John Ross	director	830 PARK AVENUE, APARTMENT 11B, NEW YORK NY 10021
Kenneth Joseph Burke	officer: Chief Compliance Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Robert J. Stanley	officer: President	301 COMMERCE STREET, FORT WORTH TX 76102
Ronald Tanemura	director	1010 36TH AVENUE EAST, SEATTLE WA 98112