GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Capital Investment Corp (NAS:BKCC) » Definitions » LT-Debt-to-Total-Asset

BlackRock Capital Investment (BlackRock Capital Investment) LT-Debt-to-Total-Asset : 0.47 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is BlackRock Capital Investment LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. BlackRock Capital Investment's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.47.

BlackRock Capital Investment's long-term debt to total assets ratio increased from Dec. 2022 (0.43) to Dec. 2023 (0.47). It may suggest that BlackRock Capital Investment is progressively becoming more dependent on debt to grow their business.


BlackRock Capital Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for BlackRock Capital Investment's LT-Debt-to-Total-Asset 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.

* Premium members only.

BlackRock Capital Investment LT-Debt-to-Total-Asset Chart

BlackRock Capital Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.35 0.34 0.43 0.47

BlackRock Capital Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset 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 0.43 0.44 0.46 0.45 0.47

BlackRock Capital Investment LT-Debt-to-Total-Asset Calculation

BlackRock Capital Investment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=292.342/627.285
=0.47

BlackRock Capital Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=292.342/627.285
=0.47

* 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.


BlackRock Capital Investment  (NAS:BKCC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


BlackRock Capital Investment LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of BlackRock Capital Investment's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Capital Investment (BlackRock Capital Investment) Business Description

Traded in Other Exchanges
Address
50 Hudson Yards, New York, NY, USA, 10001
BlackRock Capital Investment Corporation is a closed-end investment management enterprise based in the United States. It carries out its operations to generate both income and capital appreciation for its investors through its senior and junior secured, unsecured, and subordinated debt securities and loans and equity securities. BlackRock also follows a policy of investing primarily in middle-market companies with adequate annual revenue and positive cash flows. Its investment portfolio includes companies predominantly in the finance sector. Other sectors of investments comprise chemicals, healthcare, consumer goods, and retail.
Executives
Chip Holladay officer: Interim CFO and Treasurer 40 EAST 52ND STREET, NEW YORK NY 10022
Maureen K Usifer director C/O BLACKROCK KELSO CAPITAL ADVISORS LLC, 40 EAST 52ND STREET, NEW YORK NY 10022
Nik Singhal officer: President C/O BLACKROCK CAPITAL INVESTMENT CORP, 40 EAST 52ND STREET, NEW YORK NY 10022
James Keenan director, other: Chairman of the Board 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abby Miller officer: CFO and Treasurer C/O BLACKROCK CAPITAL INVESTMENT CORP, 40 EAST 52ND STREET, NEW YORK NY 10022
Michael Pungello officer: Interim CFO/Interim Treasurer 55 E 52ND STREET, NEW YORK NY 10055
Jerrold B Harris director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mark S Lies director 55 EAST 52ND ST, NEW YORK NY 10055
Meridee Moore director
Michael J. Zugay officer: Chief Executive Officer 55 E 52ND STREET, NEW YORK NY 10055
Steven Sterling director, officer: CEO and Chairman of the Board C/O BLACKROCK KELSO CAPITAL CORPORATION, 55 EAST 52ND STREET, NEW YORK NY 10055
John R Baron director 55 EAST 52ND STREET, NEW YORK NY 10055
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Donna Milia officer: Interim CFO C/O SKADDEN, ARPS, 1440 NEW YORK AVENUE, NW, WASHINGTON DC 20005
Pankovcin Corinne officer: Chief Financial Officer BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022

BlackRock Capital Investment (BlackRock Capital Investment) Headlines

From GuruFocus