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

Morgan Stanley Direct Lending Fund (MSDL) has reported Debt Ratio for 5 consecutive years, with 0.53 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Debt Ratio rose 2.17% year-over-year to 0.53 in Q2 2026; TTM through Jun 2026 was 0.53, a 2.17% increase from a year earlier, with the FY2025 full-year figure at 0.53, up 5.52% from the prior year.
• Debt Ratio was 0.53 for Q2 2026 at Morgan Stanley Direct Lending Fund, roughly flat from 0.54 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.54 in Q1 2026 and troughed at 0.44 in Q1 2024.
• A 5-year average of 0.5 and a median of 0.51 in 2025 frame the typical range for Debt Ratio.
• Across the five-year window, Debt Ratio slipped 15.58% in 2024 and advanced 17.49% in 2025, its largest moves.
• Over 5 years, Debt Ratio stood at 0.51 in 2022, then declined by 11.32% to 0.45 in 2023, then gained by 11.5% to 0.5 in 2024, then climbed by 5.52% to 0.53 in 2025, then increased by 0.34% to 0.53 in 2026.
• The last three Debt Ratio figures came in at 0.53 (Q2 2026), 0.54 (Q1 2026), and 0.53 (Q4 2025), per Business Quant data.