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First Eagle Alternative Capital BDC (First Eagle Alternative Capital BDC) Liabilities-to-Assets : 0.61 (As of Dec. 2022)


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What is First Eagle Alternative Capital BDC Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. First Eagle Alternative Capital BDC's Total Liabilities for the quarter that ended in Dec. 2022 was $216.17 Mil. First Eagle Alternative Capital BDC's Total Assets for the quarter that ended in Dec. 2022 was $354.10 Mil. Therefore, First Eagle Alternative Capital BDC's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.61.


First Eagle Alternative Capital BDC Liabilities-to-Assets Historical Data

The historical data trend for First Eagle Alternative Capital BDC's Liabilities-to-Assets 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.

First Eagle Alternative Capital BDC Liabilities-to-Assets Chart

First Eagle Alternative Capital BDC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.44 0.48 0.54 0.61

First Eagle Alternative Capital BDC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Liabilities-to-Assets 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 0.54 0.56 0.59 0.60 0.61

Competitive Comparison of First Eagle Alternative Capital BDC's Liabilities-to-Assets

For the Asset Management subindustry, First Eagle Alternative Capital BDC's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


First Eagle Alternative Capital BDC's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Eagle Alternative Capital BDC's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where First Eagle Alternative Capital BDC's Liabilities-to-Assets falls into.



First Eagle Alternative Capital BDC Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

First Eagle Alternative Capital BDC's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=216.166/354.101
=0.61

First Eagle Alternative Capital BDC's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 is calculated as

Liabilities-to-Assets (Q: Dec. 2022 )=Total Liabilities/Total Assets
=216.166/354.101
=0.61

* 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.


First Eagle Alternative Capital BDC  (NAS:FCRD) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


First Eagle Alternative Capital BDC Liabilities-to-Assets Related Terms

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First Eagle Alternative Capital BDC (First Eagle Alternative Capital BDC) Business Description

Traded in Other Exchanges
N/A
Address
500 Boylston Street, Suite 1200, Boston, MA, USA, 02116
First Eagle Alternative Capital BDC Inc is a closed-end investment company which act as a business development company. The company's investment objective is to generate both current income and capital appreciation, primarily through directly originated first lien secured loans, including unitranche investments. It also makes the second lien, subordinated, or mezzanine debt investments, which may include an associated equity component such as warrants, preferred stock or other similar securities and direct equity co-investments.
Executives
Robert J. Hickey 10 percent owner 1515 WEST 22ND STREET, SUITE 1200, OAK BROOK IL 60523
Christopher J. Flynn director, 10 percent owner, officer: See Remarks 100 FEDERAL STREET 31ST FLOOR, BOSTON MA 02110
Edward J. Giordano other: CFO of the Adviser C/O H.I.G. CAPITAL, LLC, 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Sabrina Rusnak-carlson 10 percent owner, officer: See Remarks 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Jennifer Wilson officer: Chief Accounting Officer 100 WALL STREET, 11TH FLOOR, NEW YORK NY 10005
Terrence W. Olson 10 percent owner, officer: See Remarks C/O THL CREDIT, INC., 100 FEDERAL STREET, 31ST FL, BOSTON MA 02110
Arnhold & S. Bleichroeder Holdings, Inc. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
William Montgomery Cook 10 percent owner 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
First Eagle Investment Management, Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sam W. Tillinghast 10 percent owner C/O THL CREDIT, INC., 100 FEDERAL STREET, 31ST FL, BOSTON MA 02110
James R Fellows 10 percent owner, officer: See Remarks 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Brian J. Murphy 10 percent owner 1515 WEST 22ND STREET, SUITE 1200, OAK BROOK IL 60523
Steven F. Krull 10 percent owner 1515 WEST 22ND STREET, SUITE 1200, OAK BROOK IL 60523
Brian W. Good 10 percent owner 1515 WEST 22ND STREET, SUITE 1200, OAK BROOK IL 60523
Thlp Debt Partners, L.p. 10 percent owner 100 FEDERAL STREET, BOSTON MA 02110

First Eagle Alternative Capital BDC (First Eagle Alternative Capital BDC) Headlines

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