BlackRock TCP Capital (STU:8TC) LT-Debt-to-Total-Asset : 0.58 (As of Dec. 2024)

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What is BlackRock TCP Capital 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 TCP Capital's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.58.

BlackRock TCP Capital's long-term debt to total assets ratio increased from Dec. 2023 (0.58) to Dec. 2024 (0.58). It may suggest that BlackRock TCP Capital is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for BlackRock TCP Capital'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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BlackRock TCP Capital LT-Debt-to-Total-Asset Chart

BlackRock TCP Capital Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.51

0.53

0.55

0.58

BlackRock TCP Capital Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.58	0.57	0.60	0.57	0.58

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

BlackRock TCP Capital'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 )
	=	1068.015	/	1836.495
	=	0.58

BlackRock TCP Capital'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 )
	=	1068.015	/	1836.495
	=	0.58

BlackRock TCP Capital (STU:8TC) 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 TCP Capital LT-Debt-to-Total-Asset Related Terms

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BlackRock TCP Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock TCP Capital Corp (STU:8TC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TCPC:USA 8TC:Germany

Address

2951 28th Street, Suite 1000, Santa Monica, CA, USA, 90405

Website

https://www.tcpcapital.com

BlackRock TCP Capital Corp is an externally-managed specialty finance company focused on middle-market lending. Its investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It seeks to achieve investment objective through investments in debt securities of middle-market companies. The group generates returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights or direct equity investments.

BlackRock TCP Capital Headlines

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