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Bain Capital Specialty Finance BCSF Asset coverage requirement applicable to senior securities

Asset coverage requirement applicable to senior securities at other companies

Blue Owl Capital logo
Blue Owl CapitalOBDC
183%+8.0pp
MidCap Financial Investment Corporation logo
MidCap Financial Investment CorporationMFIC
163%-9.0pp
Prospect Capital logo
Prospect CapitalPSEC
360.5%+22.3pp
Golub Capital logo
Golub CapitalGBDC
178.8%-4.0pp
Oaktree Specialty Lending logo
Oaktree Specialty LendingOCSL
192.2%-6.1pp
Kayne Anderson BDC logo
Kayne Anderson BDCKBDC
150%0.0pp

Other financials

Income statement

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Net income$3.4M-88.1%
EPS (diluted)$0.05-88.6%

Balance sheet

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Cash & equivalents$13.0M+27.6%
Total debt$1.8B+0.2%
Total equity$1.1B-4.5%
Total assets$2.6B-1.5%

Cash flow

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Operating cash flow$26.6M+466%

Valuation

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Market cap$777.12M-19.7%
Enterprise value$2.52B-7.0%
P/E10.6×+2.0×

Returns & leverage

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Return on equity6.6%-3.3pp
Debt / equity1.6×+0.1×

Where this comes from

Reported directly by Bain Capital Specialty Finance in its filing.

Tagged under the XBRL concept us-gaap:InvestmentCompanySeniorSecurityIndebtednessAssetCoverageRatio.

The official record: Bain Capital Specialty Finance’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

Questions, answered.

What does asset coverage requirement applicable to senior securities mean?
This metric represents the asset coverage ratio required for senior securities, reflecting the regulatory cushion maintained to protect creditors. It measures the extent to which the company's assets exceed its senior debt obligations. Maintaining compliance with this ratio is critical for regulatory standing and operational leverage management.