← Kayne Anderson BDC, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current assets: | ||||||
| Cash and Cash Equivalents, at Carrying Value | $2.0m | $8.5m | $34.1m | $22.4m | $18.0m | |
| Short-term Investments | $3.7m | $9.8m | $12.8m | $48.7m | — | |
| Receivable for principal payments on investments | — | $111k | $104k | $540k | $308k | |
| Interest receivable | $2.1m | $10.4m | $12.9m | $15.0m | $24.1m | |
| Prepaid expenses and other assets | $148k | $347k | $319k | $958k | $291k | |
| Prepaid Assets | — | — | — | $0 | $13.0m | |
| Receivables | — | $10.6m | $13.0m | $15.5m | $31.5m | |
| Additional Financial Items | ||||||
| Investments, at fair value | $578.4m | $1.2b | $1.4b | $2.0b | $2.2b | |
| Investments in money market funds (amortized cost of $25,409 and $48,683) | — | — | — | $48.7m | $25.4m | |
| Corporate Credit Facility (Note 6) | — | $269.0m | $234.0m | $250.0m | $135.0m | |
| Unamortized Corporate Credit Facility issuance costs | — | ($2.5m) | ($1.7m) | ($3.2m) | ($3.4m) | |
| Revolving Funding Facility (Note 6) | — | $200.0m | $306.0m | $420.0m | $525.0m | |
| Unamortized Revolving Funding Facility issuance costs | — | ($2.8m) | ($2.0m) | ($4.7m) | ($4.7m) | |
| Revolving Funding Facility II (Note 6) | — | — | $70.0m | $113.0m | $195.0m | |
| Unamortized Revolving Funding Facility II issuance costs | — | — | ($1.8m) | ($1.3m) | ($2.1m) | |
| Notes (Note 6) | — | — | $75.0m | $75.0m | $274.7m | |
| Unamortized notes issuance costs | — | — | ($851k) | ($643k) | ($2.6m) | |
| Distributions payable | $4.6m | $15.4m | $22.1m | $28.4m | $27.2m | |
| Management fee payable (Note 3) | $952k | $2.4m | $3.0m | $3.7m | $5.6m | |
| Incentive fee payable (Note 3) | $65k | $4.8m | $14.2m | — | $3.9m | |
| Common Shares, $0.001 par value; 100,000,000 shares authorized; 67,998,184 and 71,059,689 as of December 31, 2025 and December 31, 2024, respectively, issued and outstanding | 19k | 36k | 42k | 71k | 68k | |
| Net Asset Value Per Common Share (in Dollars per share) | $16.22 | $16.50 | $16.42 | $16.70 | $16.32 | |
| Available For Sale Securities | — | $9.8m | $12.8m | $48.7m | $25.4m | |
| Invested Capital | — | $1.2b | $1.4b | $2.0b | $2.2b | |
| Investmentin Financial Assets | — | $1.2b | $1.4b | $2.0b | $2.2b | |
| Investments And Advances | — | $1.2b | $1.4b | $2.0b | $2.2b | |
| Long Term Equity Investment | $250k | $7.1m | $17.3m | — | — | |
| Net Debt | — | $563.1m | $655.2m | $825.8m | $1.1b | |
| Net Tangible Assets | — | $592.0m | $683.1m | $1.2b | $1.1b | |
| Ordinary Shares Number | — | $65.0m | $65.0m | $71.1m | $68.0m | |
| Other Payable | — | $7.2m | $17.2m | $3.7m | $10.0m | |
| Share Issued | — | $65.0m | $65.0m | $71.1m | $68.0m | |
| Tangible Book Value | — | $592.0m | $683.1m | $1.2b | $1.1b | |
| Total distributable earnings (deficit) | $11.2m | $17.5m | $13.0m | $33.9m | $1.9m | |
| Total Net Assets | $312.0m | $592.0m | $683.1m | $1.2b | $1.1b | |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | — | $1.2b | $1.4b | $2.0b | $2.2b | |
| Total Capitalization | — | $1.2b | $1.4b | $2.0b | $2.2b | |
| Total Debt | — | $571.6m | $689.3m | $848.1m | $1.1b | |
| Total Tax Payable | — | $0 | $101k | $825k | $475k | |
| Assets | $586.5m | $1.2b | $1.4b | $2.1b | $2.3b | |
| LIABILITIES AND EQUITY | ||||||
| Accrued expenses and other liabilities | $2.5m | $7.2m | $11.9m | $15.2m | $22.0m | |
| Accrued excise tax expense | — | — | $101k | $825k | $475k | |
| Accounts Payable | — | $16.4m | $22.1m | $28.4m | $27.2m | |
| Long Term Debt And Capital Lease Obligation | — | $571.6m | $689.3m | $848.1m | $1.1b | |
| Deferred Tax Liabilities, Net | — | — | — | $717k | — | |
| Liabilities | $274.5m | $602.4m | $740.6m | $896.3m | $1.2b | |
| Stockholders’ equity: | ||||||
| Common Stock, Value, Issued | $19k | $36k | $42k | $71k | $68k | |
| Additional Paid in Capital | $300.7m | $574.5m | $670.0m | $1.2b | $1.1b | |
| Retained Earnings (Accumulated Deficit) | $11.2m | $17.5m | $13.0m | $33.9m | $1.9m | |
| Capital Stock | — | $36k | $42k | $71k | $68k | |
| Stockholders' Equity Attributable to Parent | $312.0m | $592.0m | $683.1m | $1.2b | $1.1b | |
| Total Equity Gross Minority Interest | — | $592.0m | $683.1m | $1.2b | $1.1b | |
| Liabilities and Equity | $586.5m | $1.2b | $1.4b | $2.1b | $2.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.