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KBDC (Kayne Anderson BDC) Return-on-Tangible-Equity : 7.52% (As of Mar. 2025)


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What is Kayne Anderson BDC Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Kayne Anderson BDC's annualized net income for the quarter that ended in Mar. 2025 was $88.9 Mil. Kayne Anderson BDC's average shareholder tangible equity for the quarter that ended in Mar. 2025 was $1,181.5 Mil. Therefore, Kayne Anderson BDC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 7.52%.

The historical rank and industry rank for Kayne Anderson BDC's Return-on-Tangible-Equity or its related term are showing as below:

KBDC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.14   Med: 11.11   Max: 14.12
Current: 11.41

During the past 4 years, Kayne Anderson BDC's highest Return-on-Tangible-Equity was 14.12%. The lowest was 7.14%. And the median was 11.11%.

KBDC's Return-on-Tangible-Equity is ranked better than
64.24% of 1633 companies
in the Asset Management industry
Industry Median: 7.42 vs KBDC: 11.41

Kayne Anderson BDC Return-on-Tangible-Equity Historical Data

The historical data trend for Kayne Anderson BDC's Return-on-Tangible-Equity 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.

Kayne Anderson BDC Return-on-Tangible-Equity Chart

Kayne Anderson BDC Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
7.14 10.12 12.09 14.12

Kayne Anderson BDC Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.86 12.54 12.71 11.95 7.52

Competitive Comparison of Kayne Anderson BDC's Return-on-Tangible-Equity

For the Asset Management subindustry, Kayne Anderson BDC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kayne Anderson BDC's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kayne Anderson BDC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kayne Anderson BDC's Return-on-Tangible-Equity falls into.


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Kayne Anderson BDC Return-on-Tangible-Equity Calculation

Kayne Anderson BDC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=131.94/( (683.056+1186.342 )/ 2 )
=131.94/934.699
=14.12 %

Kayne Anderson BDC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=88.86/( (1186.342+1176.559)/ 2 )
=88.86/1181.4505
=7.52 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kayne Anderson BDC  (NYSE:KBDC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Kayne Anderson BDC Return-on-Tangible-Equity Related Terms

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Kayne Anderson BDC Business Description

Traded in Other Exchanges
N/A
Address
717 Texas Avenue, Suite 2200, Houston, TX, USA, 77002
Kayne Anderson BDC Inc is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as 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.