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Barings BDCBBDC +1.90%63 Debt-to-Equity is 1.22 as of Jun. 2026, which is 2% above its 10-year median of 1.20. GuruFocus rates BBDC with a GF Score™ of 63/100 and a GF Value™ of $8.20 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 956 Asset Management companies, Barings BDC ranks worse than 87.03% on this metric.
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 Barings BDC's Debt-to-Equity or its related term are showing as below:
BBDC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 1.2 Max: 1.85
Current: 1.22
During the past 13 years, the highest Debt-to-Equity Ratio of Barings BDC was 1.85. The lowest was 0.34. And the median was 1.20.
BBDC's Debt-to-Equity is ranked worse than 87.03% of 956
companies
in the Asset Management industry
Industry Median: 0.21
vs BBDC: 1.22
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.
Barings BDC Debt-to-Equity Related Terms
Barings BDC Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Barings BDC'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.
For the Asset Management subindustry, Barings BDC'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.
Barings BDC Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Barings BDC's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Barings BDC's Debt-to-Equity falls into.
* 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.
Barings BDC (BBDC) has a Debt-to-Equity of 1.22 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Barings BDC and its competitors. This is near median its historical median of 1.20. Over the past decade, Barings BDC's Debt-to-Equity has ranged from 0.34 to 1.85. According to the industry distribution chart, Barings BDC ranks #832 out of 956 companies in the Asset Management industry, placing it in the top 87%.
Is Barings BDC's Debt-to-Equity too high?
Barings BDC's current Debt-to-Equity of 1.22 is near median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.85. The Asset Management industry median Debt-to-Equity is 0.21. Barings BDC's value of 1.22 is 481% above this industry median. Based on the distribution chart, Barings BDC ranks #832 out of 956 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Barings BDC has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barings BDC's Debt-to-Equity compare to PHK and AWF?
According to the Asset Management industry distribution chart, Barings BDC ranks #832 out of 956 companies for Debt-to-Equity. This places Barings BDC in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Barings BDC's value of 1.22 is 481% above this benchmark. Historically, Barings BDC's own Debt-to-Equity has ranged from 0.34 to 1.85 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 0.21, Barings BDC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 956 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Barings BDC's current Debt-to-Equity of 1.22 is 481% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Barings BDC and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barings BDC's current Debt-to-Equity is 1.22, which is near median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barings BDC stock overvalued right now?
Based on GuruFocus' analysis, Barings BDC (BBDC) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.20, compared to a current price of $9.41 — trading 14.7% above its estimated fair value. The current Debt-to-Equity is 1.22, which is near median its 10-year median of 1.20 and 481% above the Asset Management industry median of 0.21. Barings BDC's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Barings BDC (BBDC), the current Debt-to-Equity is 1.22 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 Barings BDC (BBDC) Overvalued in 2026?
Based on GuruFocus' analysis, Barings BDC stock appears to be overvalued.
The current stock price of $9.41 is trading 14.7% above its estimated GF Value™ of $8.20.
GuruFocus considers Barings BDC to be Modestly Overvalued.
Key valuation signals for BBDC:
Debt-to-Equity: 1.22 (near median its 10-year median of 1.20)
GF Value™: $8.20 vs. price of $9.41 (14.7% above fair value)
Industry Position: 481% above the Asset Management median (#832 of 956)
No single metric tells the full story. See the BBDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately held middle-market companies to help these companies fund acquisitions, growth, or refinancing. It employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.
63GF Score
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