Bain Capital Specialty Finance (Bain Capital Specialty Finance) Debt-to-Equity : 1.19 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Bain Capital Specialty Finance Debt-to-Equity?

Bain Capital Specialty Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Bain Capital Specialty Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,357.6 Mil. Bain Capital Specialty Finance's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,142.5 Mil. Bain Capital Specialty Finance's debt to equity for the quarter that ended in Mar. 2024 was 1.19.

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 Bain Capital Specialty Finance's Debt-to-Equity or its related term are showing as below:

BCSF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 1.22 Max: 1.85
Current: 1.19

During the past 8 years, the highest Debt-to-Equity Ratio of Bain Capital Specialty Finance was 1.85. The lowest was 0.15. And the median was 1.22.

BCSF's Debt-to-Equity is ranked worse than
89.48% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs BCSF: 1.19

Bain Capital Specialty Finance Debt-to-Equity Historical Data

The historical data trend for Bain Capital Specialty Finance'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.

Bain Capital Specialty Finance Debt-to-Equity Chart

Bain Capital Specialty Finance Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.55

1.37

1.29

1.24

1.11

Bain Capital Specialty Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.26	1.32	1.21	1.11	1.19

Competitive Comparison of Bain Capital Specialty Finance's Debt-to-Equity

For the Asset Management subindustry, Bain Capital Specialty Finance'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.

Bain Capital Specialty Finance's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Bain Capital Specialty Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bain Capital Specialty Finance's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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	+	1255.933)	/	1136.466
	=	1.11

Bain Capital Specialty Finance's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	1357.589)	/	1142.508
	=	1.19

Bain Capital Specialty Finance (NYSE:BCSF) 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.

Bain Capital Specialty Finance Debt-to-Equity Related Terms

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

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bain Capital Specialty Finance Inc (NYSE:BCSF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

618:Germany

Address

200 Clarendon Street, 37th Floor, Boston, MA, USA, 02116

Website

https://www.baincapitalbdc.com

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