Morgan Stanley Direct Lending Fund (MSDL) Change in Cash (2022 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) posted quarterly Change in Cash of -$767000.0 for Q1 2026, up 74.07% year-over-year from -$440626.5 in Q1 2025, and down 104.78% quarter-over-quarter from $16.1 million in Q4 2025.
Morgan Stanley Direct Lending Fund (MSDL) Change in Cash (2022 - 2026) Analysis & Trends
Morgan Stanley Direct Lending Fund (MSDL) has reported Change in Cash for 5 consecutive years, with -$767000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Cash rose 74.07% year-over-year to -$767000.0; the TTM figure through Mar 2026 stood at $20.2 million (up 565.66% YoY), while the FY2025 annual figure was $18.0 million, up 384.77% from the prior year.
- Change in Cash declined to -$767000.0 in Q1 2026 per MSDL's latest filing, from $16.1 million in the prior quarter.
- Across five years, Change in Cash topped out at $42.0 million in Q2 2022 and bottomed at -$46.8 million in Q2 2023.
- Historically, Change in Cash has averaged $380235.3 across 5 years, with a median of -$3.0 million in 2025.
- Annual changes were most pronounced in 2023 — Change in Cash slumped 211.36% — and 2025, when it surged 390.5%.
- Morgan Stanley Direct Lending Fund's Change in Cash stood at $21.3 million in 2022, then slumped by 186.24% to -$18.4 million in 2023, then slumped by 47.14% to -$27.0 million in 2024, then surged by 159.37% to $16.1 million in 2025, then sank by 104.78% to -$767000.0 in 2026.
- Business Quant data shows MSDL's Change in Cash at -$767000.0 in Q1 2026, $16.1 million in Q4 2025, and $13.2 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 651.00 Mn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 62.86 Mn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 1.72 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 410.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 4.67 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -2.23 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 1.77 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | -1.71 Bn |
| 10 | Morgan Stanley Direct Lending Fund | 1.30 Bn | 1.22 Bn | - | -14.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -14.81 Mn |
| Mar 31, 2026 | -767,000.00 |
| Dec 31, 2025 | 16.06 Mn |
| Sep 30, 2025 | 13.18 Mn |
| Jun 30, 2025 | -8.28 Mn |
| Mar 31, 2025 | -2.96 Mn |
| Dec 31, 2024 | -27.04 Mn |
| Sep 30, 2024 | -4.54 Mn |
| Jun 30, 2024 | 30.20 Mn |
| Mar 31, 2024 | -4.94 Mn |
| Dec 31, 2023 | -18.38 Mn |
| Sep 30, 2023 | 35.24 Mn |
| Jun 30, 2023 | -46.76 Mn |
| Mar 31, 2023 | 18.39 Mn |
| Dec 31, 2022 | 21.31 Mn |
| Sep 30, 2022 | -20.95 Mn |
| Jun 30, 2022 | 41.99 Mn |
| Mar 31, 2022 | -35.29 Mn |