KBDC (Kayne Anderson BDC) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2024)

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What is Kayne Anderson BDC 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. Kayne Anderson BDC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.41.

Kayne Anderson BDC's long-term debt to total assets ratio declined from Dec. 2023 (0.48) to Dec. 2024 (0.41). It may suggest that Kayne Anderson BDC is progressively becoming less dependent on debt to grow their business.

Kayne Anderson BDC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kayne Anderson BDC'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.

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Kayne Anderson BDC LT-Debt-to-Total-Asset Chart

Kayne Anderson BDC Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.45

0.48

0.41

Kayne Anderson BDC Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.48	0.35	0.32	0.38	0.41

Kayne Anderson BDC LT-Debt-to-Total-Asset Calculation

Kayne Anderson BDC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	848.125	/	2082.664
	=	0.41

Kayne Anderson BDC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	848.125	/	2082.664
	=	0.41

Kayne Anderson BDC (NYSE:KBDC) 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.

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Kayne Anderson BDC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kayne Anderson BDC Inc (NYSE:KBDC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

717 Texas Avenue, Suite 2200, Houston, TX, USA, 77002

Website

https://www.kaynebdc.com

Kayne Anderson BDC Inc is a business development company that invests primarily in first-lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle-market companies. Its investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through debt investments in middle-market companies.