Sixth Street Specialty Lending (TSLX) Times Interest Earned (2021 - 2024)
Sixth Street Specialty Lending's Times Interest Earned came in at 2.57 for Q4 2024, up 4.4% from 2.46 a year earlier and up 5.2% from the prior quarter.
Sixth Street Specialty Lending (TSLX) Times Interest Earned (2021 - 2024) Analysis & Trends
For FY2024, Sixth Street Specialty Lending's Times Interest Earned was 2.45, down 1.3% from FY2023.
- Times Interest Earned has declined in each of the last four years.
- Going back by year, Times Interest Earned was 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 represents the highest quarterly Times Interest Earned since Q4 2022.
- Year-over-year, Times Interest Earned increased in two of the last eight quarters, with an average decline of 17.7%.
- The fastest year-over-year change in Times Interest Earned over five years came in Q4 2024 (growth of 4.4%), and the weakest in Q1 2023 (a decline of 47.0%).
- Business Quant data shows TSLX's Times Interest Earned at 2.45 (Q3 2024), 2.44 (Q2 2024) and 2.36 (Q1 2024) in the three quarters before Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (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
| 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 |
Sixth Street Specialty Lending Times Interest Earned 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=times-interest-earned&ticker=TSLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=TSLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();