Alcentra Capital (Alcentra Capital) Debt-to-Equity : 0.59 (As of Sep. 2019)

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What is Alcentra Capital Debt-to-Equity?

Alcentra Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Alcentra Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $83.11 Mil. Alcentra Capital's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $141.38 Mil. Alcentra Capital's debt to equity for the quarter that ended in Sep. 2019 was 0.59.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Alcentra Capital's Debt-to-Equity or its related term are showing as below:

ABDC's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Alcentra Capital Debt-to-Equity Historical Data

The historical data trend for Alcentra Capital's Debt-to-Equity 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.

Alcentra Capital Debt-to-Equity Chart

Alcentra Capital Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

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0.31

0.53

0.50

0.91

0.57

Alcentra Capital Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Debt-to-Equity	Get a 7-Day Free Trial															0.72	0.57	0.58	0.57	0.59

Competitive Comparison of Alcentra Capital's Debt-to-Equity

For the Asset Management subindustry, Alcentra Capital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Alcentra Capital's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alcentra Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alcentra Capital's Debt-to-Equity falls into.

Alcentra Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alcentra Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	82.681)	/	145.803
	=	0.57

Alcentra Capital's Debt to Equity Ratio for the quarter that ended in Sep. 2019 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	83.108)	/	141.375
	=	0.59

Alcentra Capital (NAS:ABDC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Alcentra Capital Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Alcentra Capital's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Alcentra Capital (Alcentra Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alcentra Capital Corp (NAS:ABDC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Park Avenue, 7th Floor, New York, NY, USA, 10166

Website

http://www.alcentracapital.com

Alcentra Capital Corp is a US-based specialty finance company. It operates as a non-diversified, closed-end management investment company and focused to be regulated as a business development company. The fund seeks to invest in healthcare, business services, defense, government services, telecom and technology, media, infrastructure maintenance and logistics, and oil and gas services sector. The company's investment objective is to generate both current income and capital appreciation primarily by making direct investments in lower middle-market companies in the form of subordinated debt and, to a lesser extent, senior debt and minority equity investments. The firm generates revenue in the form of interest income on debt investments and capital gains and distributions.

Executives

Edward Grebow	director
Suhail A. Shaikh	director, officer: Chief Executive Officer	C/O ALCENTRA CAPITAL CORPORATION, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Zijl Frederick Van	director	C/O ALCENTRA CAPITAL CORPORATION, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Wright William H Ii	director	C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
Vijay Rajguru	director	200 PARK AVE., NEW YORK NY 10166
Paul Hatfield	director	C/O ALCENTRA CAPITAL CORP., 200 PARK AVE., 7TH FL., NEW YORK NY 10166