TriplePoint Venture Growth BDC (TPVG) Non Operating Interest Expenses (2021 - 2024)
TriplePoint Venture Growth BDC's (TPVG) quarterly Non Operating Interest Expenses came in at $7.0 million in Q1 2024, down 24.16% year-over-year from $9.2 million in Q2 2023, and down 15.62% quarter-over-quarter from $8.3 million in Q4 2023.
Analysis
TriplePoint Venture Growth BDC (TPVG) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
TriplePoint Venture Growth BDC has disclosed Non Operating Interest Expenses across 4 years of filings, most recently posting $7.0 million for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses fell 24.16% year-over-year to $7.0 million; the TTM figure through Mar 2024 stood at $34.6 million (up 11.82% YoY), while the FY2023 annual figure was $36.8 million, up 37.49% from the prior year.
- Non Operating Interest Expenses came in at $7.0 million for Q1 2024 at TriplePoint Venture Growth BDC, down from $8.3 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $9.9 million in Q2 2023 to a low of $4.1 million in Q3 2021.
- Average Non Operating Interest Expenses over 4 years is $7.2 million, with a median of $7.2 million recorded in 2022.
- Year-over-year, Non Operating Interest Expenses jumped 81.31% in 2023 and slipped 24.16% in 2024.
- Over 4 years, Non Operating Interest Expenses stood at $4.8 million in 2021, then jumped by 75.19% to $8.4 million in 2022, then decreased by 0.88% to $8.3 million in 2023, then retreated by 15.62% to $7.0 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $7.0 million in Q1 2024, $8.3 million in Q4 2023, and $9.3 million in Q3 2023.
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 | TriplePoint Venture Growth BDC | 209.50 Mn | 209.50 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 7.01 Mn |
| Dec 31, 2023 | 8.31 Mn |
| Sep 30, 2023 | 9.30 Mn |
| Jun 30, 2023 | 9.94 Mn |
| Mar 31, 2023 | 9.25 Mn |
| Dec 31, 2022 | 8.38 Mn |
| Sep 30, 2022 | 7.15 Mn |
| Jun 30, 2022 | 6.13 Mn |
| Mar 31, 2022 | 5.10 Mn |
| Dec 31, 2021 | 4.79 Mn |
| Sep 30, 2021 | 4.10 Mn |