GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Barings BDC Inc (FRA:TRY) » Definitions » LT-Debt-to-Total-Asset

Barings BDC (FRA:TRY) LT-Debt-to-Total-Asset : 0.54 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Barings 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. Barings BDC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.54.

Barings BDC's long-term debt to total assets ratio declined from Mar. 2023 (0.55) to Mar. 2024 (0.54). It may suggest that Barings BDC is progressively becoming less dependent on debt to grow their business.


Barings BDC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Barings 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.

* Premium members only.

Barings BDC LT-Debt-to-Total-Asset Chart

Barings BDC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.56 0.64 0.53 0.54

Barings BDC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.55 0.55 0.55 0.54 0.54

Barings BDC LT-Debt-to-Total-Asset Calculation

Barings BDC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=1320.936/2455.224
=0.54

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

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=1335.07/2482.791
=0.54

* 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.


Barings BDC  (FRA:TRY) 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.


Barings BDC LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Barings BDC's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Barings BDC (FRA:TRY) Business Description

Traded in Other Exchanges
Address
300 South Tryon Street, Suite 2500, Charlotte, NC, USA, 28202
Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately-held middle-market companies to help these companies fund acquisitions, growth or refinancing. Barings employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.

Barings BDC (FRA:TRY) Headlines

No Headlines