Golub Capital Bdc (GBDC) Cash & Equivalents (2021 - 2025)
Golub Capital Bdc's Cash & Equivalents was $11.94 million in fiscal Q4 2025 (quarter ended Sep 30, 2025), down 90.3% from $123.12 million a year earlier and down 87.0% from the prior quarter.
Golub Capital Bdc (GBDC) Cash & Equivalents (2021 - 2025) Analysis & Trends
From fiscal Q4 2021 onward, Golub Capital Bdc has reported Cash & Equivalents for 14 quarters.
- Cash & Equivalents shows a four-year compound annual growth rate of -48.9% (FY2021 to FY2025).
- In earlier fiscal years, Cash & Equivalents was $123.12 million in FY2024 (+87.6%), $65.62 million in FY2023 (-44.1%), $117.29 million in FY2022 (-33.2%) and $175.59 million in FY2021.
- The fiscal Q4 2025 figure marks the lowest quarterly Cash & Equivalents in data going back to fiscal Q4 2021.
- Compared with a year earlier, Cash & Equivalents has declined for three straight quarters, with growth averaging 33.1% over the last eight quarters.
- The best year-over-year quarter for Cash & Equivalents over five years was fiscal Q2 2024 (growth of 281.5%); the worst was fiscal Q4 2025 (a decline of 90.3%).
- Per Business Quant data, GBDC's Cash & Equivalents in the three fiscal quarters before Q4 2025 was $91.86 million (Q3 2025), $103.14 million (Q2 2025) and $103.51 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | 3.10 Bn |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | 6.08 Bn |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | 811.99 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | 1.63 Bn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 16.19 Bn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | 182.47 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 2.91 Bn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | 383.00 Mn |
| 10 | Golub Capital Bdc | 3.26 Bn | 3.26 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 11.94 Mn |
| Jun 30, 2025 | 91.86 Mn |
| Mar 31, 2025 | 103.14 Mn |
| Dec 31, 2024 | 103.51 Mn |
| Sep 30, 2024 | 123.12 Mn |
| Jun 30, 2024 | 141.19 Mn |
| Mar 31, 2024 | 292.84 Mn |
| Dec 31, 2023 | 70.69 Mn |
| Sep 30, 2023 | 65.62 Mn |
| Jun 30, 2023 | 85.10 Mn |
| Mar 31, 2023 | 76.76 Mn |
| Dec 31, 2022 | 96.42 Mn |
| Sep 30, 2022 | 117.29 Mn |
| Sep 30, 2021 | 175.59 Mn |
Golub Capital Bdc Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=GBDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "GBDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=GBDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();