Non-Current Liabilities
Secured Debt
Franklin BSP Realty Trust Secured Debt decreased by 3.6% to $2.64B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.3%, from $3.23B to $2.64B. Over 5 years (FY 2020 to FY 2025), Secured Debt shows an upward trend with a 11.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Higher levels of secured debt may indicate limited access to unsecured credit markets or a strategy to lower interest costs by pledging collateral.
Detailed definition
This refers to debt obligations backed by specific company assets pledged as collateral. In the event of default, credit...
Peer comparison
Commonly used by industrial companies to finance heavy equipment or large-scale infrastructure projects.
Metric ID:
secured_debtHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.96B | $1.79B | $2.16B | $2.88B | $3.20B | $3.17B | $3.12B | $3.05B | $3.03B | $3.48B | $3.57B | $3.53B | $3.42B | $4.10B | $3.63B | $3.23B | $3.04B | $2.81B | $2.74B | $2.64B |
| QoQ Change | — | -8.6% | +20.6% | +33.4% | +11.1% | -0.9% | -1.7% | -2.2% | -0.7% | +14.7% | +2.6% | -1.0% | -3.1% | +19.8% | -11.5% | -11.1% | -5.7% | -7.6% | -2.8% | -3.6% |
| YoY Change | — | — | — | — | +63.4% | +77.1% | +44.4% | +5.9% | -5.4% | +9.5% | +14.3% | +15.7% | +12.8% | +17.8% | +1.7% | -8.6% | -11.0% | -31.3% | -24.6% | -18.3% |
Range$1.79B – $4.10B
CAGR+6.4%
Avg YoY Growth+10.2%
Median YoY Growth+7.7%
Current Streak6 quarters decline
Secured Debt at Other Companies
Frequently Asked Questions
- What is Franklin BSP Realty Trust's secured debt?
- Franklin BSP Realty Trust (FBRT) reported secured debt of $2.64B in Q1 2026.
- How has Franklin BSP Realty Trust's secured debt changed year-over-year?
- Franklin BSP Realty Trust's secured debt decreased by 18.3% year-over-year, from $3.23B to $2.64B.
- What is the long-term trend for Franklin BSP Realty Trust's secured debt?
- Over 5 years (2020 to 2025), Franklin BSP Realty Trust's secured debt has grown at a 11.0% compound annual growth rate (CAGR), from $1.63B to $2.74B.
- What does secured debt mean?
- Debt that is backed by specific assets the company owns.