Barings BDC (BBDC) Non Operating Interest Expenses (2021 - 2024)
Barings BDC's (BBDC) quarterly Non Operating Interest Expenses came in at $21.1 million in Q1 2024, up 9.14% year-over-year from $19.3 million in Q2 2023, and down 7.35% quarter-over-quarter from $22.8 million in Q4 2023.
Analysis
Barings BDC (BBDC) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
Barings BDC has disclosed Non Operating Interest Expenses across 4 years of filings, most recently posting $21.1 million for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 9.14% year-over-year to $21.1 million; the TTM figure through Mar 2024 stood at $86.5 million (up 34.03% YoY), while the FY2023 annual figure was $84.7 million, up 48.97% from the prior year.
- Non Operating Interest Expenses came in at $21.1 million for Q1 2024 at Barings BDC, down from $22.8 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $22.8 million in Q4 2023 to a low of $8.1 million in Q3 2021.
- Average Non Operating Interest Expenses over 4 years is $16.4 million, with a median of $16.7 million recorded in 2022.
- Year-over-year, Non Operating Interest Expenses soared 89.32% in 2022 and increased 9.14% in 2024.
- Over 4 years, Non Operating Interest Expenses stood at $9.6 million in 2021, then surged by 73.33% to $16.7 million in 2022, then surged by 36.3% to $22.8 million in 2023, then retreated by 7.35% to $21.1 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $21.1 million in Q1 2024, $22.8 million in Q4 2023, and $21.8 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 214.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 101.07 Mn |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | - |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | - |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 108.79 Mn |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 28.13 Mn |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | 39.60 Mn |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 25.03 Mn |
| 10 | Barings BDC | 943.41 Mn | 892.01 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 21.08 Mn |
| Dec 31, 2023 | 22.76 Mn |
| Sep 30, 2023 | 21.83 Mn |
| Jun 30, 2023 | 20.81 Mn |
| Mar 31, 2023 | 19.32 Mn |
| Dec 31, 2022 | 16.70 Mn |
| Sep 30, 2022 | 15.34 Mn |
| Jun 30, 2022 | 13.17 Mn |
| Mar 31, 2022 | 11.66 Mn |
| Dec 31, 2021 | 9.63 Mn |
| Sep 30, 2021 | 8.10 Mn |