Morgan Stanley Direct Lending Fund (MSDL) Debt Ratio (2022 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Debt Ratio data on file, last reported at 0.54 in Q1 2026.

• On a quarterly basis, Debt Ratio rose 4.53% year-over-year to 0.54 in Q1 2026; TTM through Mar 2026 was 0.54, a 4.53% increase from a year earlier, with the FY2025 full-year figure at 0.53, up 5.52% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.54, up from 0.53 in the prior quarter.
• Over the last five years, Debt Ratio for MSDL reached as high as 0.54 in Q1 2026 and fell as low as 0.44 in Q1 2024.
• Historically, Debt Ratio has averaged 0.5 across 5 years, with a median of 0.51 in 2022.
• Across the five-year window, Debt Ratio decreased 15.58% in 2024 and gained 17.49% in 2025, its largest moves.
• Year by year, Debt Ratio stood at 0.51 in 2022, then slipped by 11.32% to 0.45 in 2023, then increased by 11.5% to 0.5 in 2024, then gained by 5.52% to 0.53 in 2025, then rose by 0.84% to 0.54 in 2026.
• Per Business Quant data, the three most recent Debt Ratio figures were 0.54 in Q1 2026, 0.53 in Q4 2025, and 0.53 in Q3 2025.