TCPC (BlackRock TCP Capital) LT-Debt-to-Total-Asset: 0.62 (As of Jun. 2026)

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TCPC BlackRock TCP Capital Corp TCPC
24 GF Score
Price $4.08
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What is BlackRock TCP Capital LT-Debt-to-Total-Asset?

BlackRock TCP Capital TCPC -2.86% 24 LT-Debt-to-Total-Asset is 0.62 as of Jun. 2026. GuruFocus rates TCPC with a GF Score™ of 24/100.

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 Jun. 2026 was 0.62.

BlackRock TCP Capital's long-term debt to total assets ratio increased from Jun. 2025 (0.61) to Jun. 2026 (0.62). It may suggest that BlackRock TCP Capital is progressively becoming more dependent on debt to grow their business.

BlackRock TCP Capital  (NAS:TCPC) 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

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

* Premium members only.

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.

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

BlackRock TCP Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.55 0.58 0.58 0.63

BlackRock TCP Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.61 0.58 0.63 0.61 0.62
TCPC
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BlackRock TCP Capital Corp TCPC
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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. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=1035.543/1650.36
=0.63

BlackRock TCP Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

LT Debt to Total Assets (Q: Jun. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2026 )/Total Assets (Q: Jun. 2026 )
=910.582/1476.464
=0.62

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.62 mean?
BlackRock TCP Capital (TCPC) has a LT-Debt-to-Total-Asset of 0.62 as of Jun. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on BlackRock TCP Capital and its competitors.
Is BlackRock TCP Capital's LT-Debt-to-Total-Asset too high?
BlackRock TCP Capital's current LT-Debt-to-Total-Asset is 0.62. Overall, BlackRock TCP Capital has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock TCP Capital's LT-Debt-to-Total-Asset compare to EOT and XFLT?
BlackRock TCP Capital's LT-Debt-to-Total-Asset of 0.62 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 LT-Debt-to-Total-Asset for an Asset Management company?
A good LT-Debt-to-Total-Asset depends on the Asset Management industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on BlackRock TCP Capital and its competitors. BlackRock TCP Capital's current LT-Debt-to-Total-Asset is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock TCP Capital stock overvalued right now?
BlackRock TCP Capital (TCPC) has a current LT-Debt-to-Total-Asset of 0.62. The current LT-Debt-to-Total-Asset is 0.62. BlackRock TCP Capital's overall GF Score™ is 24/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For BlackRock TCP Capital (TCPC), the current LT-Debt-to-Total-Asset is 0.62 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.

BlackRock TCP Capital Business Description

Other Exchanges 8TC:Germany
Address 2951 28th Street, Suite 1000, Santa Monica, CA, USA, 90405
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 its 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.
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