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Franklin BSP Lending (Franklin BSP Lending) Debt-to-Asset : 0.39 (As of Sep. 2023)


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What is Franklin BSP Lending Debt-to-Asset?

Franklin BSP Lending's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.0 Mil. Franklin BSP Lending's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,162.3 Mil. Franklin BSP Lending's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $2,958.9 Mil. Franklin BSP Lending's debt to asset for the quarter that ended in Sep. 2023 was 0.39.

Franklin BSP Lending Debt-to-Asset Historical Data

The historical data trend for Franklin BSP Lending's Debt-to-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.

Franklin BSP Lending Debt-to-Asset Chart

Franklin BSP Lending Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.41 0.40 0.44 0.41

Franklin BSP Lending Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-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 0.41 0.41 0.41 0.41 0.39

Competitive Comparison of Franklin BSP Lending's Debt-to-Asset

For the Asset Management subindustry, Franklin BSP Lending's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Franklin BSP Lending's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin BSP Lending's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Franklin BSP Lending's Debt-to-Asset falls into.


Franklin BSP Lending Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Franklin BSP Lending's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 1224.187) / 2979.878
=0.41

Franklin BSP Lending's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 1162.32) / 2958.863
=0.39

* 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.

Franklin BSP Lending  (OTCPK:BDVC) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Franklin BSP Lending Debt-to-Asset Related Terms

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

Franklin BSP Lending (Franklin BSP Lending) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin BSP Lending Corp (OTCPK:BDVC) » Definitions » Debt-to-Asset
Comparable Companies
KYN JFR PX ETG BSTZ BST DSL QQQX NFJ EVV BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
9 West 57th Street, Suite 4920, 49th Floor, New York, NY, USA, 10019
Website
https://www.benefitstreetpartners.com
Franklin BSP Lending Corp is an externally managed, non-diversified closed-end management investment company. The company has elected to be regulated as a business development company. The company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle-market companies. It also purchases interests in loans or corporate bonds through secondary market transactions.
Executives
Michael Frick officer: Secretary 9 WEST 57TH STREET, 49TH FLOOR, SUITE 4920, NEW YORK NY 10019
Nina Kang Baryski officer: CFO & Treasurer 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Dennis M Schaney director MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 6, NEW YORK NY 10036
Lee S Hillman director 222 S RIVERSIDE PLAZE STE 2800, CHICAGO IL 60606
Ronald J Kramer director 712 FIFTH AVENUE, NEW YORK NY 10019
Richard J Byrne director, officer: See Remarks 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Leeor P. Avigdor officer: Corporate Secretary C/O 9 WEST 57TH ST., SUITE 4920, NEW YORK NY 10019
Weil Edward M Jr. director C/O AMERICAN REALTY CAPITAL 405 PARK AVE, NEW YORK NY 10022
Pankovcin Corinne officer: CFO, Secretary and Treasurer BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
James A. Fisher officer: President, COO C/O BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Randolph C Read director C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Nicholas Radesca officer: CFO and Treasurer C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Robert Grunewald officer: Chief Investment Officer 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Bdca Adviser, Llc 10 percent owner 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Brian S Block officer: CFO and Treasurer C/O AMERICAN FINANCIAL REALTY TRUST, 1725 THE FALWAY, JENKINTOWN PA 19048