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

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Interest Coverage Ratio data on file, last reported at 1.32 in Q1 2026.

• On a quarterly basis, Interest Coverage Ratio rose 4.17% year-over-year to 1.32 in Q1 2026; TTM through Mar 2026 was 0.82, a 47.79% decrease from a year earlier, with the FY2025 full-year figure at 1.29, down 27.83% from the prior year.
• Interest Coverage Ratio for Q1 2026 stood at 1.32, up from 0.38 in the prior quarter.
• Over the last five years, Interest Coverage Ratio for MSDL reached as high as 6.56 in Q4 2022 and fell as low as 0.38 in Q4 2025.
• Historically, Interest Coverage Ratio has averaged 1.87 across 5 years, with a median of 1.62 in 2023.
• Across the five-year window, Interest Coverage Ratio advanced 14.9% in 2024 and sank 72.33% in 2025, its largest moves.
• Year by year, Interest Coverage Ratio stood at 6.56 in 2022, then sank by 74.03% to 1.7 in 2023, then dropped by 19.75% to 1.37 in 2024, then plunged by 72.33% to 0.38 in 2025, then soared by 249.2% to 1.32 in 2026.
• Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.32 in Q1 2026, 0.38 in Q4 2025, and 1.3 in Q3 2025.