Oaktree Specialty Lending (FRA:FFC) Debt-to-Equity: 1.07 (As of Mar. 2026) — Near Median

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FRA:FFC Oaktree Specialty Lending Corp FRA:FFC
56 GF Score
Price €10.50
GF Value €11.80
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Oaktree Specialty Lending Debt-to-Equity?

Oaktree Specialty Lending FRA:FFC +1.74% 56 Debt-to-Equity is 1.07 as of Mar. 2026, which is 9% above its 10-year median of 0.98. GuruFocus rates FRA:FFC with a GF Score™ of 56/100 and a GF Value™ of €11.80 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 961 Asset Management companies, Oaktree Specialty Lending ranks worse than 85.02% on this metric.

Oaktree Specialty Lending's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €0.00 Mil. Oaktree Specialty Lending's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1,281.63 Mil. Oaktree Specialty Lending's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €1,195.49 Mil. Oaktree Specialty Lending's debt to equity for the quarter that ended in Mar. 2026 was 1.07.

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 Oaktree Specialty Lending's Debt-to-Equity or its related term are showing as below:

FRA:FFC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51   Med: 0.98   Max: 1.22
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of Oaktree Specialty Lending was 1.22. The lowest was 0.51. And the median was 0.98.

FRA:FFC's Debt-to-Equity is ranked worse than
85.02% of 961 companies
in the Asset Management industry
Industry Median: 0.21 vs FRA:FFC: 1.07

Oaktree Specialty Lending  (FRA:FFC) 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.


Oaktree Specialty Lending Debt-to-Equity Related Terms


Oaktree Specialty Lending Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Oaktree Specialty Lending'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.

Oaktree Specialty Lending Debt-to-Equity Chart

Oaktree Specialty Lending Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 1.05 1.06 1.10 1.01

Oaktree Specialty Lending Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.98 0.98 1.01 1.12 1.07

FRA:FFC vs CHY, ETW, CHI: Debt-to-Equity Comparison

For the Asset Management subindustry, Oaktree Specialty Lending'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.


Oaktree Specialty Lending Debt-to-Equity vs Asset Management Industry

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

* The bar in red indicates where Oaktree Specialty Lending's Debt-to-Equity falls into.


FRA:FFC
56GF Score
Oaktree Specialty Lending Corp FRA:FFC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oaktree Specialty Lending Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oaktree Specialty Lending's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Oaktree Specialty Lending's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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-Equity →
What does a Debt-to-Equity of 1.07 mean?
Oaktree Specialty Lending (FRA:FFC) has a Debt-to-Equity of 1.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Oaktree Specialty Lending and its competitors. This is near median its historical median of 0.98. Over the past decade, Oaktree Specialty Lending's Debt-to-Equity has ranged from 0.51 to 1.22. According to the industry distribution chart, Oaktree Specialty Lending ranks #817 out of 961 companies in the Asset Management industry, placing it in the top 85%.
Is Oaktree Specialty Lending's Debt-to-Equity too high?
Oaktree Specialty Lending's current Debt-to-Equity of 1.07 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.22. The Asset Management industry median Debt-to-Equity is 0.21. Oaktree Specialty Lending's value of 1.07 is 409.5% above this industry median. Based on the distribution chart, Oaktree Specialty Lending ranks #817 out of 961 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Oaktree Specialty Lending has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oaktree Specialty Lending's Debt-to-Equity compare to CHY and ETW?
According to the Asset Management industry distribution chart, Oaktree Specialty Lending ranks #817 out of 961 companies for Debt-to-Equity. This places Oaktree Specialty Lending in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Oaktree Specialty Lending's value of 1.07 is 409.5% above this benchmark. Historically, Oaktree Specialty Lending's own Debt-to-Equity has ranged from 0.51 to 1.22 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.21, Oaktree Specialty Lending 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 961 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. Oaktree Specialty Lending's current Debt-to-Equity of 1.07 is 409.5% 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 Oaktree Specialty Lending 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. Oaktree Specialty Lending's current Debt-to-Equity is 1.07, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oaktree Specialty Lending stock overvalued right now?
Based on GuruFocus' analysis, Oaktree Specialty Lending (FRA:FFC) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.80, compared to a current price of €10.50 — trading 11% below its estimated fair value. The current Debt-to-Equity is 1.07, which is near median its 10-year median of 0.98 and 409.5% above the Asset Management industry median of 0.21. Oaktree Specialty Lending's overall GF Score™ is 56/100 with 4 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 Oaktree Specialty Lending (FRA:FFC), the current Debt-to-Equity is 1.07 as of Mar. 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 Oaktree Specialty Lending (FRA:FFC) Overvalued in 2026?

Based on GuruFocus' analysis, Oaktree Specialty Lending stock appears to be undervalued. The current stock price of €10.50 is trading 11% below its estimated GF Value™ of €11.80. GuruFocus considers Oaktree Specialty Lending to be Modestly Undervalued.

Key valuation signals for FRA:FFC:

  • Debt-to-Equity: 1.07 (near median its 10-year median of 0.98)
  • GF Value™: €11.80 vs. price of €10.50 (11% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 409.5% above the Asset Management median (#817 of 961)

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


Oaktree Specialty Lending Business Description

Other Exchanges OCSL:USA
Address 333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Specialty Lending Corp is a specialty finance company. The company provides lending services and invests in small and mid-sized companies. The company's investment objective is to maximize its portfolio's total return by generating current income from debt investments, and to a lesser extent, capital appreciation from equity investments. The company provides customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. The company operates as a single reportable segment and derives revenues from investing in originated loans and other securities, including broadly syndicated loans, of U.S. private companies and manages the business on a consolidated basis.
56GF Score

Get the complete analysis for FRA:FFC

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

€10.50
Price
€11.80
GF Value