Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Franklin BSP Lending's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,692.8 Mil. Franklin BSP Lending's Total Assets for the quarter that ended in Sep. 2023 was $2,958.9 Mil.
Therefore, Franklin BSP Lending's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.57.
The historical rank and industry rank for Franklin BSP Lending's Equity-to-Asset or its related term are showing as below:
BDVC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.57 Max: 0.83
Current: 0.57
During the past 12 years, the highest Equity to Asset Ratio of Franklin BSP Lending was 0.83. The lowest was 0.49. And the median was 0.57.
BDVC's Equity-to-Asset is ranked worse than 78.58% of 1727
companies
in the Asset Management industry
Industry Median: 0.83
vs BDVC: 0.57
Franklin BSP Lending Equity-to-Asset Historical Data
The historical data trend for Franklin BSP Lending's Equity-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.
Competitive Comparison of Franklin BSP Lending's Equity-to-Asset
For the Asset Management subindustry, Franklin BSP Lending's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Franklin BSP Lending's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Franklin BSP Lending's Equity-to-Asset falls into.
Franklin BSP Lending Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Franklin BSP Lending's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* 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) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Franklin BSP Lending Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Franklin BSP Lending's Equity-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
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.
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