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Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Interest Expense : $-113.5 Mil (TTM As of Mar. 2024)


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What is Morgan Stanley Direct Lending Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Morgan Stanley Direct Lending Fund's interest expense for the three months ended in Mar. 2024 was $ -27.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-113.5 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Morgan Stanley Direct Lending Fund's Operating Income for the three months ended in Mar. 2024 was $ Mil. Morgan Stanley Direct Lending Fund's Interest Expense for the three months ended in Mar. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Morgan Stanley Direct Lending Fund Interest Expense Historical Data

The historical data trend for Morgan Stanley Direct Lending Fund's Interest Expense 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.

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Morgan Stanley Direct Lending Fund Interest Expense Chart

Morgan Stanley Direct Lending Fund Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-3.73 -21.02 -67.18 -112.88

Morgan Stanley Direct Lending Fund Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.67 -27.91 -29.69 -28.62 -27.26

Morgan Stanley Direct Lending Fund Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-113.5 Mil.

* 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.


Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Business Description

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Morgan Stanley Direct Lending Fund is a fund whose investment objective is to achieve attractive risk-adjusted returns via current income and, to a lesser extent, capital appreciation by investing primarily in directly originated senior secured term loans issued by U.S. middle-market companies backed by private equity sponsors. They invest primarily in directly originated senior secured term loans including first lien senior secured term loans including unitranche loans and second lien senior secured term loans, with the balance of our investments expected to be in higher-yielding assets such as mezzanine debt, unsecured debt, equity investments and other opportunistic asset purchases.

Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Headlines