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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. Main Street Capital's Total Liabilities for the quarter that ended in Jun. 2026 was $2,774.5 Mil. Main Street Capital's Total Assets for the quarter that ended in Jun. 2026 was $5,941.0 Mil.
Therefore, Main Street Capital's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.47.
Main Street Capital (NYSE:MAIN) 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.
Main Street Capital Liabilities-to-Assets Related Terms
Main Street Capital Liabilities-to-Assets Historical Data
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The historical data trend for Main Street Capital'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.
MAIN vs HASI, OTF, OBDC: Liabilities-to-Assets Comparison
For the Asset Management subindustry, Main Street Capital'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.
Main Street Capital Liabilities-to-Assets vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Main Street Capital's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Main Street Capital's Liabilities-to-Assets falls into.
Main Street Capital 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.
Main Street Capital's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 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.
Main Street Capital (MAIN) has a Liabilities-to-Assets of 0.47 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Main Street Capital and its competitors.
Is Main Street Capital's Liabilities-to-Assets too high?
Main Street Capital's current Liabilities-to-Assets is 0.47. Overall, Main Street Capital has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Main Street Capital's Liabilities-to-Assets compare to HASI and OTF?
Main Street Capital's Liabilities-to-Assets of 0.47 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 Main Street Capital and its competitors. Main Street Capital's current Liabilities-to-Assets is 0.47. 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 $50.27, compared to a current price of $58.80 — trading 17% above its estimated fair value. The current Liabilities-to-Assets is 0.47. Main Street Capital's overall GF Score™ is 69/100 with 9 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 Main Street Capital (MAIN), the current Liabilities-to-Assets is 0.47 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 $58.80 is trading 17% above its estimated GF Value™ of $50.27.
GuruFocus considers Main Street Capital to be Modestly Overvalued.
Key valuation signals for MAIN:
Liabilities-to-Assets: 0.47
GF Value™: $50.27 vs. price of $58.80 (17% above fair value)
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 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.
69GF Score
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