← Sixth Street Specialty Lending, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current assets: | ||||||
| Cash and Cash Equivalents, at Carrying Value | $16.0m | $25.6m | $25.2m | $27.3m | $19.7m | |
| Cash and cash equivalents (restricted cash of $16,727 and $22,362, respectively) | $16.0m | $25.6m | $25.2m | $27.3m | $19.7m | |
| Interest receivable | $10.8m | $18.8m | $28.0m | $30.5m | $34.1m | |
| Prepaid expenses and other assets | $3.5m | $4.5m | $7.6m | $6.0m | $20.5m | |
| Cash And Cash Equivalents | — | $10.2m | $1.2m | $5.0m | $2.9m | |
| Prepaid Assets | $3.5m | $4.5m | $7.6m | $6.0m | — | |
| Receivables | — | $18.8m | $28.0m | $30.5m | $34.1m | |
| Additional Financial Items | ||||||
| Debt (net of deferred financing costs of $24,411 and $23,837, respectively) | $1.2b | $1.4b | $1.8b | $1.9b | $1.7b | |
| Management fees payable to affiliate | $9.4m | $10.5m | $12.0m | $13.0m | $12.8m | |
| Incentive fees on net investment income payable to affiliate | $9.8m | $10.9m | $11.5m | $12.0m | $10.3m | |
| Other payables to affiliate | $21.9m | $22.8m | $30.5m | $39.9m | $3.2m | |
| Other liabilities | — | — | — | $39.9m | $44.4m | |
| Distributable earnings | $90.1m | $56.5m | $100.8m | $97.7m | $81.6m | |
| Net Asset Value Per Share | $16.84 | $16.48 | $17.04 | $17.16 | $16.98 | |
| Invested Capital | — | $2.8b | $3.3b | $3.5b | $3.4b | |
| Investmentin Financial Assets | — | $2.8b | $3.3b | $3.5b | $3.3b | |
| Investments And Advances | — | $2.8b | $3.3b | $3.5b | $3.3b | |
| Net Debt | — | $1.4b | $1.8b | $1.9b | $1.7b | |
| Net Tangible Assets | — | $1.3b | $1.5b | $1.6b | $1.6b | |
| Ordinary Shares Number | — | $81.4m | $87.8m | $93.7m | $94.7m | |
| Other Payable | — | $24.7m | $26.2m | $28.6m | $26.3m | |
| Share Issued | — | $82.1m | $88.5m | $94.3m | $95.4m | |
| Tangible Book Value | — | $1.3b | $1.5b | $1.6b | $1.6b | |
| Treasury Shares Number | — | $664k | $664k | $664k | $664k | |
| Total investments at fair value | $2.5b | $2.8b | $3.3b | $3.5b | $3.3b | |
| Total Net Assets | $1.3b | $1.3b | $1.5b | $1.6b | $1.6b | |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | — | $2.8b | $3.3b | $3.5b | $3.3b | |
| Total Capitalization | — | $2.8b | $3.3b | $3.5b | $3.4b | |
| Total Debt | — | $1.4b | $1.8b | $1.9b | $1.7b | |
| Assets | $2.6b | $2.8b | $3.3b | $3.6b | $3.4b | |
| LIABILITIES AND EQUITY | ||||||
| Dividends Payable | $31 | — | — | — | — | |
| Incentive fees on net capital gains accrued to affiliate | $14.9m | $6.1m | $10.4m | $5.1m | $0 | |
| Accounts Payable | $30.9m | $0 | — | — | — | |
| Long-term Debt | $1.2b | $1.4b | $1.8b | $1.9b | $1.7b | |
| Long Term Debt And Capital Lease Obligation | — | $1.4b | $1.8b | $1.9b | $1.7b | |
| Liabilities | $1.3b | $1.5b | $1.8b | $2.0b | $1.8b | |
| Stockholders’ equity: | ||||||
| Common Stock, Value, Issued | $761k | $821k | $885k | $943k | $954k | |
| Retained Earnings (Accumulated Deficit) | $90.1m | $56.5m | $100.8m | $97.7m | $81.6m | |
| Additional Paid in Capital, Common Stock | $1.2b | $1.3b | $1.4b | $1.5b | $1.5b | |
| Common stock, $0.01 par value; 400,000,000 shares authorized, 95,158,175 and 94,325,686 shares issued, respectively; and 94,705,150 and 93,661,436 shares outstanding, respectively | 761k | 821k | 885k | 943k | 954k | |
| Additional paid-in capital | $1.2b | $1.3b | $1.4b | $1.5b | $1.5b | |
| Treasury stock at cost; 664,250 and 664,250 shares held, respectively | ($4.3m) | ($10.5m) | ($10.5m) | ($10.5m) | ($10.5m) | |
| Capital Stock | — | $821k | $885k | $943k | $954k | |
| Preferred Stock | — | $0 | $0 | $0 | $0 | |
| Treasury Stock | — | $10.5m | $10.5m | $10.5m | $10.5m | |
| Stockholders' Equity Attributable to Parent | $1.3b | $1.3b | $1.5b | $1.6b | $1.6b | |
| Total Equity Gross Minority Interest | — | $1.3b | $1.5b | $1.6b | $1.6b | |
| Liabilities and Equity | $2.6b | $2.8b | $3.3b | $3.6b | $3.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.