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Oaktree Specialty Lending OCSL 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
Bain Capital Specialty Finance logo
Bain Capital Specialty FinanceBCSF
150%
Prospect Capital logo
Prospect CapitalPSEC
360.5%+22.3pp
Golub Capital logo
Golub CapitalGBDC
178.8%-4.0pp
Kayne Anderson BDC logo
Kayne Anderson BDCKBDC
150%0.0pp

Other financials

Income statement

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Net income-$18.9M+47.9%
EPS (diluted)-$0.21+50.0%

Balance sheet

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Cash & equivalents$51.3M-52.6%
Total debt$1.5B+2.3%
Total equity$1.4B-6.3%
Total assets$2.9B-6.0%

Cash flow

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Operating cash flow$130.7M+111%

Valuation

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Market cap$1B-16.8%
Enterprise value$2.43B-4.4%
P/E20.2×-113×

Returns & leverage

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Return on equity3.5%+2.9pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Oaktree Specialty Lending in its filing.

Tagged under the XBRL concept us-gaap:InvestmentCompanySeniorSecurityIndebtednessAssetCoverageRatio.

The official record: Oaktree Specialty Lending’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oaktree Specialty Lending's asset coverage requirement applicable to senior securities?
Oaktree Specialty Lending (OCSL) reported asset coverage requirement applicable to senior securities of 192.2% in Q1 2026.
How has Oaktree Specialty Lending's asset coverage requirement applicable to senior securities changed year-over-year?
Oaktree Specialty Lending's asset coverage requirement applicable to senior securities decreased by 3.1% year-over-year, from 198.3% to 192.2%.
What is the long-term trend for Oaktree Specialty Lending's asset coverage requirement applicable to senior securities?
Over 5 years (2020 to 2025), Oaktree Specialty Lending's asset coverage requirement applicable to senior securities has grown at a -2.8% compound annual growth rate (CAGR), from 227.2% to 197.5%.
What does asset coverage requirement applicable to senior securities mean?
This metric measures the regulatory or contractual asset coverage ratio required for senior securities, ensuring the company maintains sufficient assets to cover its debt obligations. It acts as a critical risk management threshold that dictates the company's borrowing capacity and financial leverage limits. Adherence to this requirement is vital for maintaining regulatory compliance and protecting the interests of debt holders.