Sixth Street Specialty Lending (TSLX) Interest Coverage Ratio (2021 - 2024)
Sixth Street Specialty Lending's (TSLX) Interest Coverage Ratio was 2.57 for Q4 2024, up 4.4% from 2.46 a year earlier and up 5.2% from the prior quarter.
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Analysis
Sixth Street Specialty Lending (TSLX) Interest Coverage Ratio (2021 - 2024) Analysis & Trends
For FY2024, Interest Coverage Ratio at Sixth Street Specialty Lending was 2.45, down 1.3% from FY2023.
- Interest Coverage Ratio has declined for four consecutive years.
- By year, Interest Coverage Ratio came in at 2.49 in FY2023 (-32.5%), 3.68 in FY2022 (-21.3%), 4.68 in FY2021 (-4.1%) and 4.88 in FY2020.
- The Q4 2024 figure ranks as the highest quarterly Interest Coverage Ratio since Q4 2022.
- Year over year, Interest Coverage Ratio gained in two of the last eight quarters, with an average decline of 17.7%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2024 (growth of 4.4%); the low point was Q1 2023 (a decline of 47.0%).
- Per Business Quant data, the three quarters before Q4 2024 came in at 2.45 (Q3 2024), 2.44 (Q2 2024) and 2.36 (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 1.75 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 2.98 |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 1.42 |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 1.15 |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.24 |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.22 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 27.97 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.63 |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Sixth Street Specialty Lending | 1.72 Bn | 1.39 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 2.57 |
| Sep 30, 2024 | 2.45 |
| Jun 30, 2024 | 2.44 |
| Mar 31, 2024 | 2.36 |
| Dec 31, 2023 | 2.46 |
| Sep 30, 2023 | 2.44 |
| Jun 30, 2023 | 2.53 |
| Mar 31, 2023 | 2.52 |
| Dec 31, 2022 | 3.38 |
| Sep 30, 2022 | 2.99 |
| Jun 30, 2022 | 4.48 |
| Mar 31, 2022 | 4.76 |
| Dec 31, 2021 | 5.67 |
| Sep 30, 2021 | 4.71 |
API Access
Sixth Street Specialty Lending Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TSLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TSLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TSLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();