Chicago Atlantic BDC (LIEN) Equity Ratio (2022 - 2025)

Chicago Atlantic BDC (LIEN) reported Equity Ratio of 0.89 for Q4 2025, down 8.81% year-over-year from 0.97 in Q4 2024, and down 4.16% on a QoQ basis from 0.93 in Q3 2025.

Chicago Atlantic BDC (LIEN) has 4 years of Equity Ratio data on file, last reported at 0.89 in Q4 2025.

  • Quarterly Equity Ratio fell 8.81% year-over-year to 0.89 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.89 (down 8.81% YoY) and the FY2025 annual result came in at 0.89, down 8.81% from the prior year.
  • Equity Ratio eased to 0.89 in Q4 2025 per LIEN's latest filing, from 0.93 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.99 in Q4 2022 and bottomed at 0.89 in Q4 2025.
  • The 4-year median for Equity Ratio is 0.96 (2025), against an average of 0.95.
  • Peak annual rise in Equity Ratio reached 2.58% in 2025, while the deepest fall reached 8.81% in 2025.
  • Tracing LIEN's Equity Ratio over 4 years: stood at 0.99 in 2022, then retreated by 2.86% to 0.97 in 2023, then gained by 0.73% to 0.97 in 2024, then decreased by 8.81% to 0.89 in 2025.
  • Per Business Quant, the three latest LIEN Equity Ratio figures stand at 0.89 (Q4 2025), 0.93 (Q3 2025), and 0.91 (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 0.33
2 Blackstone 92.68 Bn 91.63 Bn - 0.17
3 Kkr 84.94 Bn 132.45 Bn - 0.07
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 0.48
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 0.08
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 0.03
8 Northern Trust 31.21 Bn 31.21 Bn - 0.07
9 Ares Management 28.85 Bn 32.22 Bn - 0.29
10 Chicago Atlantic BDC 226.72 Mn 223.82 Mn 14.07 Mn 0.89

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 0.89
Sep 30, 2025 0.93
Jun 30, 2025 0.91
Mar 31, 2025 0.96
Dec 31, 2024 0.97
Sep 30, 2024 0.92
Jun 30, 2024 0.94
Mar 31, 2024 0.94
Dec 31, 2023 0.97
Sep 30, 2023 0.98
Jun 30, 2023 0.99
Mar 31, 2023 0.99
Dec 31, 2022 0.99