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Prospect Capital PSEC 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
Bain Capital Specialty Finance logo
Bain Capital Specialty FinanceBCSF
150%
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MidCap Financial Investment CorporationMFIC
163%-9.0pp
Golub Capital logo
Golub CapitalGBDC
178.8%-4.0pp
Capital Southwest logo
Capital SouthwestCSWC
209%-2.0pp
Oaktree Specialty Lending logo
Oaktree Specialty LendingOCSL
192.2%-6.1pp

Other financials

Income statement

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Net income-$648.7M-228%
EPS (diluted)$0.05+113%

Balance sheet

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Cash & equivalents$34.6M-36.5%
Total debt$2.1B+4.1%
Total equity$3.0B-9.0%
Total assets$6.4B-8.8%

Cash flow

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Operating cash flow$195.7M+149%

Valuation

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Market cap$1.11B-21.0%
Enterprise value$3.19B-5.8%

Returns & leverage

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Return on equity21.5%+14.9pp
Debt / equity0.7×+0.1×

Where this comes from

Reported directly by Prospect Capital in its filing.

Tagged under the XBRL concept us-gaap:InvestmentCompanySeniorSecurityIndebtednessAssetCoverageRatio.

The official record: Prospect Capital’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Prospect Capital's asset coverage requirement applicable to senior securities?
Prospect Capital (PSEC) reported asset coverage requirement applicable to senior securities of 360.5% in Q1 2026.
How has Prospect Capital's asset coverage requirement applicable to senior securities changed year-over-year?
Prospect Capital's asset coverage requirement applicable to senior securities increased by 6.6% year-over-year, from 338.2% to 360.5%.
What is the long-term trend for Prospect Capital's asset coverage requirement applicable to senior securities?
Over 3 years (2022 to 2025), Prospect Capital's asset coverage requirement applicable to senior securities has grown at a 5.3% compound annual growth rate (CAGR), from 273.3% to 319.4%.
What does asset coverage requirement applicable to senior securities mean?
The regulatory threshold requiring the company to maintain a specific level of asset coverage for its senior debt obligations. This ensures the company maintains sufficient collateral to protect senior creditors and comply with investment company regulations.