Msc Income Fund (MSIF) Non Operating Interest Expenses (2022 - 2024)
Msc Income Fund's (MSIF) quarterly Non Operating Interest Expenses came in at $9.5 million in Q1 2024, up 14.58% on a YoY basis from $8.3 million in Q2 2023, and down 3.14% quarter-over-quarter from $9.9 million in Q4 2023.
Analysis
Msc Income Fund (MSIF) Non Operating Interest Expenses (2022 - 2024) Analysis & Trends
Msc Income Fund (MSIF) has reported Non Operating Interest Expenses for 3 consecutive years, with $9.5 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Non Operating Interest Expenses rose 14.58% year-over-year to $9.5 million; the trailing twelve-month figure through Mar 2024 stood at $37.7 million (up 33.45% YoY), and the FY2023 full-year result was $36.5 million, up 49.28% from the prior year.
- Non Operating Interest Expenses slipped to $9.5 million in Q1 2024 per MSIF's latest filing, from $9.9 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $9.9 million in Q4 2023 and bottomed at $4.5 million in Q1 2022.
- Historically, Non Operating Interest Expenses has averaged $7.8 million across 3 years, with a median of $8.3 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Non Operating Interest Expenses jumped 84.01% in 2023, then advanced 14.58% in 2024.
- Over 3 years, Non Operating Interest Expenses stood at $7.8 million in 2022, then increased by 26.48% to $9.9 million in 2023, then slipped by 3.14% to $9.5 million in 2024.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $9.5 million, $9.9 million, and $9.4 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.73 Bn | - | 214.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.69 Bn | 5.42 Bn | - | 101.07 Mn |
| 3 | Blue Owl Capital | 5.52 Bn | 5.28 Bn | - | - |
| 4 | Main Street Capital | 5.26 Bn | 5.20 Bn | - | - |
| 5 | Blue Owl Technology Finance | 5.05 Bn | 4.84 Bn | - | 108.79 Mn |
| 6 | Hercules Capital | 4.64 Bn | 4.59 Bn | - | 28.13 Mn |
| 7 | FS KKR Capital | 3.37 Bn | 3.27 Bn | - | 39.60 Mn |
| 8 | Golub Capital Bdc | 3.34 Bn | 3.30 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -129.09 Mn | - | 25.03 Mn |
| 10 | Msc Income Fund | 566.82 Mn | 538.76 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 9.55 Mn |
| Dec 31, 2023 | 9.86 Mn |
| Sep 30, 2023 | 9.40 Mn |
| Jun 30, 2023 | 8.86 Mn |
| Mar 31, 2023 | 8.33 Mn |
| Dec 31, 2022 | 7.80 Mn |
| Sep 30, 2022 | 6.80 Mn |
| Jun 30, 2022 | 5.30 Mn |
| Mar 31, 2022 | 4.53 Mn |