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Sixth Street Specialty Lending (Sixth Street Specialty Lending) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


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What is Sixth Street Specialty Lending Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Sixth Street Specialty Lending does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Sixth Street Specialty Lending's Owner Earnings per Share (TTM) or its related term are showing as below:



TSLX's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.67
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Sixth Street Specialty Lending's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.53. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $2.48. It's PE Ratio ratio for today is 8.82.

Sixth Street Specialty Lending's EPS without NRI for the three months ended in Mar. 2024 was $0.53. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $2.48. It's PE Ratio without NRI ratio for today is 8.82.


Sixth Street Specialty Lending Owner Earnings per Share (TTM) Historical Data

The historical data trend for Sixth Street Specialty Lending's Owner Earnings per Share (TTM) 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.

Sixth Street Specialty Lending Owner Earnings per Share (TTM) Chart

Sixth Street Specialty Lending Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
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Sixth Street Specialty Lending Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Owner Earnings per Share (TTM) 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 - - - - -

Competitive Comparison of Sixth Street Specialty Lending's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Sixth Street Specialty Lending's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Sixth Street Specialty Lending's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Sixth Street Specialty Lending's Price-to-Owner-Earnings falls into.



Sixth Street Specialty Lending Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Sixth Street Specialty Lending does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Sixth Street Specialty Lending Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Sixth Street Specialty Lending's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Sixth Street Specialty Lending (Sixth Street Specialty Lending) Business Description

Traded in Other Exchanges
Address
2100 McKinney Avenue, Suite 1500, Dallas, TX, USA, 75201
Sixth Street Specialty Lending Inc is a specialty finance company focused on providing flexible, fully committed financing solutions to middle market companies located in the united states of america. It partners with companies across a variety of industries and excel at providing creative solutions to companies with complex business models that may have limited access to capital. The company seeks to generate income in U.S.-domiciled middle-market companies through direct originations of interest income from the investments we hold. In addition, we may generate income from dividends on equity investments, capital gains on the sale of investments and various loan origination and other fees.
Executives
P Emery Covington director 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Hurley Doddy director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Michael Graf officer: Principal Accounting Officer 301 COMMERCE STREET, FORT WORTH TX 76102
Anton Brett officer: Chief Compliance Officer C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Steven Pluss officer: Vice President C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, FORT WORTH TX 76102
Joshua Peck officer: Vice President C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Jennifer Gordon officer: Chief Compliance Officer C/O TPG GLOBAL, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Ian Simmonds officer: Chief Financial Officer 301 COMMERCE STREET, FORT WORTH TX 76102
Judy S Slotkin director 888 PARK AVENUE, NEW YORK NY 10021
Richard A Higginbotham director FLEETBOSTON FINANCIAL CORP, 100 FEDERAL STREET, BOSTON MA 02110
Joshua Easterly director, officer: Vice President 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
John Ross director 830 PARK AVENUE, APARTMENT 11B, NEW YORK NY 10021
Kenneth Joseph Burke officer: Chief Compliance Officer 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Robert J. Stanley officer: President 301 COMMERCE STREET, FORT WORTH TX 76102
Ronald Tanemura director 1010 36TH AVENUE EAST, SEATTLE WA 98112

Sixth Street Specialty Lending (Sixth Street Specialty Lending) Headlines

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