Carlyle Secured Lending, Inc. (CGBD) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 68.46M | 45.02M | 135.3M | 218.44M | 183.47M | 93.68M | 64.88M | 77.15M | 69.52M | 61.82M | 60.77M | 69.8M | 62.44M | 47.41M | 71.87M | 128.11M | 88.67M | 48.22M | 92.71M | 86.47M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | - | 238.18 | 239.97 | 106.68 | 101.04 | 86.92 | 91.18 | 61.59 | 61.77 | 54.04 | 108.47 | 56.04 | 83.03 | 124.22 | 431.22 | 65.55 | 69.34 | 56.64 | 41.91 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 901K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 2.49B | 2.75B | 2.42B | 2.36B | 2.35B | 1.83B | 1.75B | 1.79B | 1.83B | 1.88B | 1.9B | 1.91B | 1.99B | 1.99B | 1.98B | 1.92B | 1.9B | 1.98B | 1.95B | 1.88B |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 298K | 2.42B | 742K | 306K | 1.86M | 0 | 0 | 0 | 985K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 2.56B | 2.79B | 2.56B | 2.57B | 2.53B | 1.93B | 1.82B | 1.87B | 1.9B | 1.94B | 1.96B | 1.98B | 2.06B | 2.04B | 2.05B | 2.05B | 1.99B | 2.03B | 2.04B | 1.96B |
| Asset Turnover | 0.02x | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.03x | 0.03x | 0.03x | 0.01x | 0.02x | 0.01x | 0.03x | 0.01x | 0.02x | 0.02x | 0.03x | 0.03x |
| Asset Growth % | 0.94% | 44.87% | 40.78% | 37.93% | 33.71% | -0.85% | -7.15% | -5.85% | -7.8% | -4.85% | -4.74% | -3.1% | 3.5% | 0.51% | 0.48% | 4.27% | 4.3% | 5.66% | 1.78% | 0.18% |
| Total Current Liabilities | 53.95M | 84.98M | 58.07M | 47.33M | 51.39M | 35.11M | 44.1M | 33.87M | 32.38M | 30.91M | 29.66M | 29.42M | 29.1M | 29.48M | 39.74M | 24.36M | 24.09M | 23.5M | 23.5M | 22.84M |
| Accounts Payable | 38.09M | 69.36M | 368K | 47.33M | 51.39M | 35.11M | 44.1M | 33.87M | 32.38M | 30.91M | 29.66M | 29.42M | 29.1M | 29.48M | 39.74M | 24.36M | 24.09M | 23.5M | 23.5M | 22.84M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 29.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.27x | 0.53x | 2.33x | 4.62x | 3.57x | 2.67x | 1.47x | 2.28x | 2.15x | 2.00x | 2.05x | 2.37x | 2.15x | 1.61x | 1.81x | 5.26x | 3.68x | 2.05x | 3.94x | 3.79x |
| Quick Ratio | 1.27x | 0.53x | 2.33x | 4.62x | 3.57x | 2.67x | 1.47x | 2.28x | 2.15x | 2.00x | 2.05x | 2.37x | 2.15x | 1.61x | 1.81x | 5.26x | 3.68x | 2.05x | 3.94x | 3.79x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.39B | 1.54B | 1.31B | 1.33B | 1.27B | 985.67M | 866.22M | 921.94M | 945.87M | 998.85M | 1.02B | 1.05B | 1.11B | 1.09B | 1.08B | 1.1B | 1.01B | 1.06B | 1.08B | 1.01B |
| Long-Term Debt | 1.38B | 1.53B | 1.31B | 1.31B | 1.25B | 967.65M | 847.44M | 906.33M | 930.15M | 979.2M | 1B | 1.04B | 1.09B | 1.08B | 1.06B | 1.08B | 996.14M | 1.04B | 1.06B | 1B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 1.44B | 1.62B | 1.37B | 1.38B | 1.32B | 1.02B | 910.32M | 955.81M | 978.25M | 1.03B | 1.05B | 1.08B | 1.14B | 1.12B | 1.12B | 1.12B | 1.04B | 1.08B | 1.1B | 1.04B |
| Total Debt | 1.38B | 1.53B | 1.31B | 1.31B | 1.25B | 967.65M | 847.44M | 906.33M | 930.15M | 979.2M | 1B | 1.04B | 1.09B | 1.08B | 1.06B | 1.08B | 996.14M | 1.04B | 1.06B | 1B |
| Net Debt | 1.32B | 1.49B | 1.25B | 1.28B | 1.1B | 937.98M | 821.28M | 877.54M | 900.89M | 956.64M | 983.58M | 999.42M | 1.07B | 1.06B | 1.02B | 1.07B | 947.86M | 1.02B | 1.02B | 941.83M |
| Debt / Equity | 1.24x | 1.31x | 1.10x | 1.09x | 1.03x | 1.07x | 0.93x | 1.00x | 1.01x | 1.07x | 1.11x | 1.15x | 1.19x | 1.17x | 1.13x | 1.17x | 1.05x | 1.10x | 1.12x | 1.08x |
| Debt / EBITDA | 76.95x | 32.50x | 53.57x | 87.19x | 84.78x | 44.93x | 41.62x | 45.95x | 30.91x | 32.63x | 32.54x | 193.40x | 38.33x | 80.93x | 27.71x | 223.08x | 32.10x | 30.42x | 22.22x | 23.28x |
| Net Debt / EBITDA | 73.15x | 31.54x | 51.43x | 85.28x | 74.84x | 43.55x | 40.34x | 44.49x | 29.94x | 31.88x | 31.90x | 186.35x | 37.50x | 79.72x | 26.69x | 220.03x | 30.54x | 29.75x | 21.26x | 21.90x |
| Interest Coverage | 0.83x | 1.70x | 1.09x | 0.69x | 0.79x | 1.26x | 1.21x | 1.19x | 1.68x | 1.50x | 1.69x | 0.30x | 1.65x | 0.90x | 2.84x | 0.56x | 4.37x | 4.71x | 6.35x | 6.10x |
| Total Equity | 1.12B | 1.17B | 1.19B | 1.2B | 1.21B | 905.2M | 906.6M | 910.82M | 916.82M | 912.81M | 906.44M | 899.68M | 918.19M | 917.42M | 935.65M | 926.49M | 950.54M | 948.8M | 944.39M | 924.83M |
| Equity Growth % | -7.9% | 28.96% | 31.55% | 31.51% | 32.24% | -0.83% | 0.02% | 1.24% | -0.15% | -0.5% | -3.12% | -2.89% | -3.4% | -3.31% | -0.93% | 0.18% | 4.4% | 5.26% | 5.49% | 4.7% |
| Book Value per Share | 15.75 | 15.96 | 16.36 | 16.43 | 21.14 | 16.04 | 16.06 | 16.16 | 16.28 | 16.20 | 16.19 | 17.71 | 16.31 | 15.41 | 16.36 | 17.67 | 16.33 | 15.94 | 15.94 | 15.46 |
| Total Shareholders' Equity | 1.12B | 1.17B | 1.19B | 1.2B | 1.21B | 905.2M | 906.6M | 910.82M | 916.82M | 912.81M | 906.44M | 899.68M | 918.19M | 917.42M | 935.65M | 926.49M | 950.54M | 948.8M | 944.39M | 924.83M |
| Common Stock | 703K | 718K | 729K | 729K | 729K | 509K | 508K | 508K | 508K | 508K | 508K | 508K | 508K | 511K | 517K | 521K | 527K | 532K | 537K | 542K |
| Retained Earnings | -228.02M | -195.69M | -187.47M | -182.21M | -167.68M | -157.98M | -158.93M | -153.74M | -147.74M | -151.74M | -160.66M | -167.43M | -148.92M | -153.68M | -144.56M | -160.86M | -143.78M | -152.52M | -165.47M | -191.8M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | -1.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |