← Crescent Capital BDC, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net Income From Continuing Operations | $54.7m | $83.6m | $15.5m | $83.8m | $73.6m | $34.5m | $15.1m | |
| Amortization of Debt Issuance Costs | — | $2.6m | $1.7m | $2.1m | $2.4m | $3.4m | — | |
| Net change in unrealized (appreciation) depreciation on investments and foreign currency translation | ($25.4m) | ($2.7m) | $54.8m | ($16.1m) | $11.9m | $16.3m | — | |
| Net change in unrealized (appreciation) depreciation on foreign currency forward contracts | $1.3m | ($2.1m) | ($6.5m) | $3.0m | $229k | $4.8m | — | |
| Amortization of premium and accretion of discount, net | ($5.1m) | ($11.3m) | ($6.9m) | ($7.3m) | ($8.8m) | ($6.9m) | — | |
| Amortization of deferred financing costs | $1.3m | $2.6m | $1.7m | $2.1m | $2.4m | $3.4m | — | |
| (Increase) decrease in deferred tax asset | ($209k) | $588k | ($49k) | ($23k) | ($632k) | $556k | — | |
| Increase (decrease) in deferred tax liability | $445k | ($368k) | ($57k) | ($321k) | $168k | ($556k) | — | |
| Change In Working Capital | — | — | $9.0m | $658k | $2.0m | ($5.5m) | ($18.9m) | |
| Change In Receivables | — | — | $11.7m | ($4.3m) | $2.1m | ($5.2m) | ($15.0m) | |
| Increase (decrease) in accrued expenses and other liabilities | ($1.6m) | $1.3m | $2.0m | ($2.4m) | $260k | ($99k) | ($234k) | |
| Accrued but unpaid distributions | $11.5m | $12.7m | $12.7m | $15.2m | $15.6m | $15.5m | — | |
| Change In Accrued Expense | — | — | $2.0m | ($2.4m) | $260k | ($99k) | ($234k) | |
| (Increase) decrease in other assets | $2.5m | $417k | ($4.5m) | $3.3m | $1.1m | ($1.3m) | — | |
| Change In Other Current Assets | — | — | ($4.6m) | $3.3m | $446k | ($724k) | ($842k) | |
| Change In Other Current Liabilities | — | — | ($57k) | ($321k) | $168k | ($556k) | ($47k) | |
| Net Cash Provided by (Used in) Operating Activities | ($61.8m) |
($157.7m)
-155.11%
|
$28.0m
+117.73%
|
$92.3m
+230.21%
|
$58.9m
-36.18%
|
$74.7m
+26.85%
|
— | |
| Gain (Loss) on Investments | — | $37.4m | ($43.4m) | $263k | ($15.8m) | ($32.4m) | $82.9m | |
| Net realized (gain) loss on investments and foreign currency transactions | — | — | ($4.9m) | $14.5m | $12.3m | $10.6m | — | |
| (Increase) decrease in receivable for investments sold | $549k | ($14.9m) | $14.9m | — | — | — | — | |
| Purchases of investments | ($352.4m) | ($647.4m) | ($308.0m) | ($200.7m) | ($395.0m) | ($306.9m) | — | |
| Proceeds from sales of investments and principal repayments | $259.0m | $461.3m | $277.6m | $231.2m | $371.1m | $334.8m | — | |
| Cash flows from financing activities: | ||||||||
| Borrowings on credit facilities | $352.3m | $655.0m | $339.2m | $498.5m | $347.4m | $397.4m | — | |
| Issuance of unsecured debt | $50.0m | $135.0m | — | $50.0m | — | $115.0m | — | |
| Deferred financing and debt issuance costs paid | ($2.5m) | ($4.9m) | ($221k) | ($3.9m) | ($3.4m) | ($1.1m) | — | |
| Issuance Of Debt | — | — | $339.2m | $548.5m | $347.4m | $512.4m | $603.7m | |
| Long Term Debt Issuance | — | — | $339.2m | $548.5m | $347.4m | $512.4m | $603.7m | |
| Net Issuance Payments Of Debt | — | — | $21.1m | ($16.6m) | $35.2m | ($12.3m) | ($395k) | |
| Net Long Term Debt Issuance | — | — | $21.1m | ($16.6m) | $35.2m | ($12.3m) | ($395k) | |
| Long Term Debt Payments | — | — | ($318.1m) | ($565.0m) | ($312.2m) | ($524.8m) | ($604.1m) | |
| Repayment Of Debt | — | — | ($318.1m) | ($565.0m) | ($312.2m) | ($524.8m) | ($604.1m) | |
| Increase (decrease) in interest and other debt financing costs payable | ($456k) | $1.6m | $3.0m | $2.4m | ($492k) | $2.0m | — | |
| Issuance Of Capital Stock | — | $52.6m | $0 | $0 | — | — | $0 | |
| Repurchase Of Capital Stock | — | — | $0 | $0 | $0 | ($1.3m) | ($2.3m) | |
| Proceeds from Issuance of Common Stock | $44.3m | $52.6m | — | — | — | — | $0 | |
| Common Stock Issuance | — | $52.6m | $0 | $0 | $0 | ($1.3m) | $0 | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $1.3m | — | |
| Repurchases of common stock | ($2.2m) | — | — | — | — | ($1.3m) | — | |
| Common Stock Payments | — | — | $0 | $0 | $0 | ($1.3m) | ($2.3m) | |
| Common Stock Dividend Paid | — | — | ($55.3m) | ($64.5m) | ($75.2m) | ($67.8m) | ($65.9m) | |
| Dividends paid | — | $48 | $55 | $65 | $75 | $68 | ($65.9m) | |
| (Increase) decrease in interest and dividend receivable | — | — | ($3.2m) | ($4.1m) | $3.0m | $1.7m | — | |
| Cash Dividends Paid | — | — | ($55.3m) | ($64.5m) | ($75.2m) | ($67.8m) | ($65.9m) | |
| Net Other Financing Charges | — | — | $0 | $0 | $0 | $0 | $0 | |
| Net cash provided by (used for) financing activities | $63.2m |
$166.3m
+163.08%
|
($34.4m)
-120.69%
|
($85.0m)
-147.02%
|
($43.5m)
+48.85%
|
($82.5m)
-89.87%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | — | $166.3m |
($34.4m)
-120.69%
|
($85.0m)
-147.02%
|
($43.5m)
+48.85%
|
($82.5m)
-89.87%
|
— | |
| Net increase (decrease) in cash, cash equivalents, restricted cash and foreign currency | $1.4m | $8.7m | ($6.5m) | $7.4m | $15.0m | ($7.9m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $8.7m | ($6.5m) | $7.4m | $15.0m | ($7.9m) | $26.5m | |
| Beginning Cash Position | — | — | $23.5m | $17.1m | $24.5m | $39.4m | $30.5m | |
| Cash, cash equivalents, restricted cash and foreign currency, beginning of period | $14.8m | $23.5m | $17.1m | $24.5m | $39.4m | $31.5m | — | |
| Effect of exchange rate changes on cash denominated in foreign currency | — | $10k | ($5k) | $92k | ($485k) | ($111k) | $141k | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Income Tax Expense (Benefit) | — | $1.7m | ($326k) | $31k | $155k | $6k | — | |
| Additional Financial Items | ||||||||
| Foreign Currency Transaction Gain (Loss), Realized | — | $311k | ($33k) | ($1.4m) | ($1.2m) | ($147k) | — | |
| Operating Expenses | — | $54.9m | $57.6m | $100.8m | $107.0m | $98.8m | — | |
| Payments of Financing Costs | — | $4.9m | $221k | $3.9m | $3.4m | $1.1m | — | |
| Proceeds from Contributions from Affiliates | — | $5.4m | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | ($16.8m) | ($5.5m) | ($161.5m) | $2.1m | $939k | — | |
| Acquisition of First Eagle Alternative Capital BDC, Inc., net of cash acquired | ($12.9m) | — | — | ($15.0m) | — | — | — | |
| (Increase) decrease in receivable for unsettled transactions | — | ($14.9m) | $14.9m | ($246k) | ($912k) | ($6.9m) | — | |
| (Increase) decrease in interest receivable | ($25k) | ($2.9m) | ($3.2m) | ($4.1m) | — | — | — | |
| Increase (decrease) in management fees payable | $524k | $2.0m | $226k | $970k | $40k | ($29k) | — | |
| Increase (decrease) in incentive fees payable | — | $6.9m | ($3.8m) | $1.7m | ($465k) | ($837k) | — | |
| Increase (decrease) in directors' fees payable | $24k | $16k | $37k | ($151k) | $0 | — | — | |
| Repayments on InterNotes | ($33.9m) | ($16.4m) | — | — | — | — | — | |
| Distributions paid | ($42.6m) | ($47.7m) | ($55.3m) | ($64.5m) | ($75.2m) | ($67.8m) | — | |
| Repayments on credit facilities | ($302.2m) | ($612.2m) | ($318.1m) | ($515.0m) | ($312.2m) | ($524.8m) | — | |
| Deemed contribution from the Adviser (Note 3) | — | $5.4m | — | $22.0m | — | — | — | |
| Issuance of shares in connection with asset acquisition (Note 13) | $101.9m | — | — | $91.3m | — | — | — | |
| Change In Payable | — | — | ($77k) | $4.4m | ($917k) | $1.1m | ($2.8m) | |
| Changes In Cash | — | — | ($6.5m) | $7.3m | $15.4m | ($7.8m) | ($4.1m) | |
| End Cash Position | — | — | $17.1m | $24.5m | $39.4m | $31.5m | $26.5m | |
| Financing Cash Flow | — | — | ($34.4m) |
($85.0m)
-147.02%
|
($43.5m)
+48.85%
|
($82.5m)
-89.87%
|
($70.1m)
+15.03%
|
|
| Free Cash Flow | — | — | $28.0m | $92.3m | $58.9m | $74.7m | $66.1m | |
| Gain Loss On Investment Securities | — | — | $13.0m | $31.8m | $580k | $59.7m | $82.9m | |
| Other Non Cash Items | — | — | ($9.6m) | ($9.0m) | ($17.4m) | ($14.0m) | — | |
| Increase (decrease) in payable for investment purchased | — | — | $514k | ($514k) | — | $0 | — | |
| Supplemental disclosure of cash flow information: | ||||||||
| Change In Cash Supplemental As Reported | — | — | ($6.5m) | $7.4m | $15.0m | ($7.9m) | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $14.5m | $15.5m | $26.9m | $55.5m | $60.4m | $52.0m | — | |
| Interest Income Operating Paid In Kind | $14.5m | $15.5m | $26.9m | $3.9m | $10.9m | $10.6m | — | |
| Income Taxes Paid, Net | $692k | $2.2m | $2.0m | $665k | $1.3m | $1.6m | — |