MAIN (Main Street Capital) Debt-to-Asset : 0.43 (As of Jun. 2026)

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MAIN Main Street Capital Corp MAIN
71 GF Score
Price $56.19
GF Value $50.55
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Main Street Capital Debt-to-Asset?

Main Street Capital MAIN -1.47% 71 Debt-to-Asset is 0.43 as of Jun. 2026. GuruFocus rates MAIN with a GF Score™ of 71/100 and a GF Value™ of $50.55 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Main Street Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $741.6 Mil. Main Street Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1,802.5 Mil. Main Street Capital's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $5,941.0 Mil. Main Street Capital's debt to asset for the quarter that ended in Jun. 2026 was 0.43.


Main Street Capital  (NYSE:MAIN) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Main Street Capital Debt-to-Asset Related Terms


Main Street Capital Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Main Street Capital's Debt-to-Asset 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.

Main Street Capital Debt-to-Asset Chart

Main Street Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.47 0.40 0.42 0.43

Main Street Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset 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 0.42 0.41 0.43 0.44 0.43

MAIN vs OBDC, OTF, BXSL: Debt-to-Asset Comparison

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


Main Street Capital Debt-to-Asset vs Asset Management Industry

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

* The bar in red indicates where Main Street Capital's Debt-to-Asset falls into.


MAIN
71GF Score
Main Street Capital Corp MAIN
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Main Street Capital Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Main Street Capital's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.202 + 2467.275) / 5713.402
=0.43

Main Street Capital's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(741.623 + 1802.535) / 5941.041
=0.43

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.43 mean?
Main Street Capital (MAIN) has a Debt-to-Asset of 0.43 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Main Street Capital and its competitors.
Is Main Street Capital's Debt-to-Asset too high?
Main Street Capital's current Debt-to-Asset is 0.43. Overall, Main Street Capital has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Main Street Capital's Debt-to-Asset compare to OBDC and OTF?
Main Street Capital's Debt-to-Asset of 0.43 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 Debt-to-Asset for an Asset Management company?
A good Debt-to-Asset depends on the Asset Management industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Main Street Capital and its competitors. Main Street Capital's current Debt-to-Asset is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Main Street Capital stock overvalued right now?
Based on GuruFocus' analysis, Main Street Capital (MAIN) is currently considered Modestly Overvalued. The stock's GF Value™ is $50.55, compared to a current price of $56.19 — trading 11.2% above its estimated fair value. The current Debt-to-Asset is 0.43. Main Street Capital's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Main Street Capital (MAIN), the current Debt-to-Asset is 0.43 as of Jun. 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 Main Street Capital (MAIN) Overvalued in 2026?

Based on GuruFocus' analysis, Main Street Capital stock appears to be overvalued. The current stock price of $56.19 is trading 11.2% above its estimated GF Value™ of $50.55. GuruFocus considers Main Street Capital to be Modestly Overvalued.

Key valuation signals for MAIN:

  • Debt-to-Asset: 0.43
  • GF Value™: $50.55 vs. price of $56.19 (11.2% above fair value)
  • GF Score™: 71/100 with 9 warning signs

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


Main Street Capital Business Description

Other Exchanges 0JXQ:UK13M:Germany
Address 1300 Post Oak Boulevard, 8th Floor, Houston, TX, USA, 77056
Main Street Capital Corp is a principal investment firm focused on providing customized long-term debt and equity capital solutions to lower middle market ("LMM") companies and debt capital to private ("Private Loan") companies owned by or in the process of being acquired by a private equity fund. The group invests principally in secured debt investments, equity investments, warrants, and other securities of LMM companies, typically based in the U.S. The company operates as a single segment with a principal investment objective to maximize total return by generating current income from debt investments and current income and capital appreciation from equity and equity-related investments.
71GF Score

Get the complete analysis for MAIN

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.19
Price
$50.55
GF Value