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Goldmanchs BDC Financial Strength

: 3 (As of Jun. 2022)
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Goldmanchs BDC has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Goldman Sachs BDC Inc displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

GuruFocus does not calculate Goldmanchs BDC's interest coverage with the available data. Goldmanchs BDC's debt to revenue ratio for the quarter that ended in Jun. 2022 was 28.96. Altman Z-Score does not apply to banks and insurance companies.


Goldmanchs BDC Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Goldmanchs BDC's Interest Expense for the months ended in Jun. 2022 was $-16.2 Mil. Its Operating Income for the months ended in Jun. 2022 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $2,019.8 Mil.

Goldmanchs BDC's Interest Coverage for the quarter that ended in Jun. 2022 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Goldmanchs BDC's Debt to Revenue Ratio for the quarter that ended in Jun. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 2019.783) / 69.74
=28.96

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Goldmanchs BDC  (NYSE:GSBD) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Goldmanchs BDC has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Goldmanchs BDC Financial Strength Related Terms

Thank you for viewing the detailed overview of Goldmanchs BDC's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Goldmanchs BDC Business Description

Goldmanchs BDC logo
Traded in Other Exchanges
Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company's investment strategy is to originate proprietary loans that generate attractive risk-adjusted returns for its shareholders. Its revenue comprises of interest income and dividend income.
Executives
Miller David officer: See Remarks C/O GOLDMAN SACHS MML CORP. 200 WEST STREET NEW YORK NY 10282
Skirnick Gabriella officer: See Remarks C/O GOLDMAN SACHS MML CORP. II 200 WEST STREET NEW YORK NY 10282
Chi Alex officer: See Remarks C/O GOLDMAN SACHS MML CORP. 200 WEST STREET NEW YORK NY 10282
Lane Ann B director C/O DEALERTRACK HOLDINGS, INC. 1111 MARCUS AVENUE, SUITE M04 NEW YORK NY 11042
Mcgee Susan B director 7900 CALLAGHAN ROAD SAN ANTONIO TX 78229
Dimaria Joseph F officer: Interim CFO & Interim Treas C/O BANK OF AMERICA INVESTMETN ADVISORS 100 FEDERAL STREET BOSTON MA 02110
Mark Richard A director 2052 STONEBRIDGE CT WHEATON IL 60189
Evans Carlos E director 3100 SMOKETREE COURT, SUITE 600 RALEIGH NC 27616
Leach Timothy J director C/O UNITED STATES TRUST COMPANY 114 WEST 47TH STREET NEW YORK NY 10036-1532
Walter Jordan officer: Executive Vice President 200 WEST STREET NEW YORK NY 10282
Yu, David officer: See Remarks 200 WEST STREET NEW YORK NY 10282
Uniacke Katherine director 200 WEST STREET NEW YORK NY 10282
Kari Ross Jay director FOUR EMBARCADERO CENTER, SUITE 2050 SAN FRANCISCO CA 94111
Yoder, Jon officer: Chief Operating Officer 200 WEST STREET NEW YORK NY 10282
Mastropaolo Michael officer: Executive Vice President 200 WEST STREET NEW YORK NY 10282
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