MidCap Financial Investment (MFICL) Non Operating Interest Expenses (2022 - 2024)
MidCap Financial Investment's (MFICL) quarterly Non Operating Interest Expenses came in at $27.0 million in Q2 2024, up 3.81% year-over-year from $26.0 million in Q3 2023, and up 3.11% quarter-over-quarter from $26.2 million in Q1 2024.
Analysis
MidCap Financial Investment (MFICL) Non Operating Interest Expenses (2022 - 2024) Analysis & Trends
MidCap Financial Investment has disclosed Non Operating Interest Expenses across 3 years of filings, most recently posting $27.0 million for Q2 2024.
- In Q2 2024, Non Operating Interest Expenses rose 3.81% year-over-year to $27.0 million; the TTM figure through Jun 2024 stood at $158.9 million (changed N/A YoY), while the FY2023 annual figure was $104.2 million, up 75.53% from the prior year.
- Non Operating Interest Expenses came in at $27.0 million for Q2 2024 at MidCap Financial Investment, up from $26.2 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $79.4 million in Q4 2023 to a low of $26.0 million in Q2 2023.
- Average Non Operating Interest Expenses over 3 years is $38.1 million, with a median of $27.0 million recorded in 2024.
- Year-over-year, Non Operating Interest Expenses tumbled 48.36% in 2023 and climbed 3.81% in 2024.
- Over 3 years, Non Operating Interest Expenses stood at $50.9 million in 2022, then surged by 56.11% to $79.4 million in 2023, then slumped by 66.02% to $27.0 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $27.0 million in Q2 2024, $26.2 million in Q1 2024, and $79.4 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 214.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 101.07 Mn |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | - |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | - |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 108.79 Mn |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 28.13 Mn |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 39.60 Mn |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 25.03 Mn |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 26.99 Mn |
| Mar 31, 2024 | 26.18 Mn |
| Dec 31, 2023 | 79.43 Mn |
| Sep 30, 2023 | 26.28 Mn |
| Jun 30, 2023 | 26.00 Mn |
| Sep 30, 2022 | 50.88 Mn |
| Jun 30, 2022 | 30.66 Mn |