FSSL (FS Specialty Lending Fund) Liabilities-to-Assets : 0.29 (As of Dec. 2025)


FSSL FS Specialty Lending Fund FSSL
13 GF Score
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What is FS Specialty Lending Fund Liabilities-to-Assets?

FS Specialty Lending Fund FSSL +0.09% 13 Liabilities-to-Assets is 0.29 as of Dec. 2025. GuruFocus rates FSSL with a GF Score™ of 13/100. The stock has 2 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. FS Specialty Lending Fund's Total Liabilities for the quarter that ended in Dec. 2025 was $550.8 Mil. FS Specialty Lending Fund's Total Assets for the quarter that ended in Dec. 2025 was $1,934.2 Mil. Therefore, FS Specialty Lending Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.29.


FS Specialty Lending Fund  (NYSE:FSSL) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


FS Specialty Lending Fund Liabilities-to-Assets Related Terms


FS Specialty Lending Fund Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for FS Specialty Lending Fund's Liabilities-to-Assets 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.

FS Specialty Lending Fund Liabilities-to-Assets Chart

FS Specialty Lending Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.32 0.24 0.30 0.29

FS Specialty Lending Fund Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25
Liabilities-to-Assets 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 0.22 0.30 0.21 0.22 0.29

FSSL vs MFIC, AWF, RPC: Liabilities-to-Assets Comparison

For the Asset Management subindustry, FS Specialty Lending Fund's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


FS Specialty Lending Fund Liabilities-to-Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, FS Specialty Lending Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where FS Specialty Lending Fund's Liabilities-to-Assets falls into.


FSSL
13GF Score
FS Specialty Lending Fund FSSL
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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FS Specialty Lending Fund Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

FS Specialty Lending Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=550.832/1934.205
=0.28

FS Specialty Lending Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 is calculated as

Liabilities-to-Assets (Q: Dec. 2025 )=Total Liabilities/Total Assets
=550.832/1934.205
=0.28

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.29 mean?
FS Specialty Lending Fund (FSSL) has a Liabilities-to-Assets of 0.29 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on FS Specialty Lending Fund and its competitors.
Is FS Specialty Lending Fund's Liabilities-to-Assets too high?
FS Specialty Lending Fund's current Liabilities-to-Assets is 0.29. Overall, FS Specialty Lending Fund has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does FS Specialty Lending Fund's Liabilities-to-Assets compare to MFIC and AWF?
FS Specialty Lending Fund's Liabilities-to-Assets of 0.29 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 Liabilities-to-Assets for an Asset Management company?
A good Liabilities-to-Assets depends on the Asset Management industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on FS Specialty Lending Fund and its competitors. FS Specialty Lending Fund's current Liabilities-to-Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS Specialty Lending Fund stock overvalued right now?
FS Specialty Lending Fund (FSSL) has a current Liabilities-to-Assets of 0.29. The current Liabilities-to-Assets is 0.29. FS Specialty Lending Fund's overall GF Score™ is 13/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For FS Specialty Lending Fund (FSSL), the current Liabilities-to-Assets is 0.29 as of Dec. 2025. 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.

FS Specialty Lending Fund Business Description

Address 3025 JFK Boulevard, OFC 500, Philadelphia, PA, USA, 19104
FS Specialty Lending Fund is a United States-based externally managed, non-diversified, closed-end management investment company. The company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation by investing mainly in private and public credit in a broad set of industries, sectors, and sub-sectors. Its investment policy is to invest mainly in a portfolio of secured and unsecured floating and fixed-rate loans, bonds, and other types of credit instruments, which, under normal circumstances, will represent at least eighty percent of the Company's total assets.
13GF Score

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

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