BlackRock TCP Capital Corp. (TCPC) 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 | 115.63M | 82.57M | 60.99M | 138.53M | 123.18M | 122.04M | 131.96M | 232.29M | 161.09M | 140.16M | 121.78M | 149.14M | 123.77M | 106.16M | 128.95M | 71.44M | 68.67M | 48.3M | 71.18M | 51.69M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 194.68 | -66 | - | 1.01K | 60.04 | -147.32 | 61.25 | -115.96 | 141.6 | 47.32 | 43.04 | 39.17 | 38.72 | 39.85 | 37.32 | 42.71 | 51.01 | 68.17 | 70.49 | 85.66 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.39B | 1.57B | 1.75B | 1.8B | 1.78B | 1.8B | 1.92B | 1.99B | 2.12B | 1.56B | 1.6B | 1.64B | 1.67B | 1.61B | 1.68B | 1.8B | 1.8B | 1.85B | 1.76B | 1.83B |
| 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 | 1.39B | 1.53B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 1.51B | 1.65B | 1.81B | 1.94B | 1.9B | 1.92B | 2.05B | 2.22B | 2.28B | 1.7B | 1.72B | 1.79B | 1.79B | 1.72B | 1.81B | 1.87B | 1.87B | 1.89B | 1.83B | 1.88B |
| Asset Turnover | 0.01x | -0.02x | 0.02x | 0.00x | 0.02x | -0.01x | 0.02x | -0.01x | 0.01x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x |
| Asset Growth % | -20.5% | -14.18% | -11.57% | -12.7% | -16.84% | 13.2% | 19.11% | 23.76% | 27.37% | -1.2% | -5.11% | -4.26% | -4.07% | -9.23% | -1.19% | -0.56% | 3.72% | 13.29% | 8.57% | 13.7% |
| Total Current Liabilities | 18.2M | 325.03M | 15.05M | 13.53M | 11.05M | 8.41M | 11.61M | 12.45M | 5.73M | 11.37M | 3.78M | 9.94M | 4.04M | 14.09M | 3.92M | 9.62M | 3.21M | 39.86M | 34.34M | 57.78M |
| Accounts Payable | 0 | 0 | 9.8M | 13.53M | 11.05M | 8.41M | 11.61M | 12.45M | 5.73M | 11.37M | 3.78M | 9.94M | 4.04M | 14.09M | 3.92M | 9.62M | 3.21M | 39.86M | 34.34M | 57.78M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 18.2M | 325.03M | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 6.35x | 0.25x | 4.05x | 10.24x | 11.15x | 14.52x | 11.37x | 18.65x | 28.14x | 12.33x | 32.25x | 15.01x | 30.62x | 7.54x | 32.90x | 7.42x | 21.40x | 1.21x | 2.07x | 0.89x |
| Quick Ratio | 6.35x | 0.25x | 4.05x | 10.24x | 11.15x | 14.52x | 11.37x | 18.65x | 28.14x | 12.33x | 32.25x | 15.01x | 30.62x | 7.54x | 32.90x | 7.42x | 21.40x | 1.21x | 2.07x | 0.89x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 926.24M | 727.31M | 1.06B | 1.18B | 1.11B | 1.13B | 1.17B | 1.33B | 1.32B | 999.8M | 980.39M | 1.04B | 1.04B | 958.51M | 991.89M | 1.06B | 1.04B | 1.02B | 984.97M | 1B |
| Long-Term Debt | 907.64M | 710.51M | 1.05B | 1.17B | 1.1B | 1.12B | 1.16B | 1.32B | 1.3B | 985.2M | 970.37M | 1.02B | 1.02B | 944.01M | 983.87M | 1.04B | 1.03B | 1.01B | 977.84M | 991.09M |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 944.44M | 1.05B | 1.07B | 1.2B | 1.12B | 1.14B | 1.18B | 1.35B | 1.33B | 1.01B | 984.17M | 1.05B | 1.04B | 972.6M | 995.81M | 1.07B | 1.04B | 1.06B | 1.02B | 1.06B |
| Total Debt | 925.84M | 1.04B | 1.05B | 1.17B | 1.1B | 1.12B | 1.16B | 1.32B | 1.3B | 985.2M | 970.37M | 1.02B | 1.02B | 944.01M | 983.87M | 1.04B | 1.03B | 1.01B | 977.84M | 991.09M |
| Net Debt | 832.58M | 974.47M | 990.62M | 1.07B | 999.79M | 1.03B | 1.06B | 1.13B | 1.18B | 872.96M | 878.72M | 898M | 923.83M | 861.57M | 878.08M | 992.47M | 984.26M | 992.91M | 941.25M | 973.2M |
| Debt / Equity | 1.64x | 1.73x | 1.42x | 1.59x | 1.41x | 1.42x | 1.34x | 1.51x | 1.37x | 1.43x | 1.32x | 1.37x | 1.36x | 1.26x | 1.21x | 1.29x | 1.25x | 1.22x | 1.20x | 1.21x |
| Debt / EBITDA | - | - | 43.15x | - | 52.59x | - | 53.62x | - | 257.62x | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | 40.65x | - | 47.85x | - | 48.81x | - | 233.78x | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -0.02x | -6.83x | 1.45x | -0.93x | 1.36x | -2.33x | 1.02x | -2.60x | 0.42x | 3.46x | 3.34x | 3.25x | 3.48x | 3.52x | 3.40x | 3.27x | 3.53x | 3.26x | 2.78x | 2.66x |
| Total Equity | 565.11M | 598.01M | 740.02M | 740.48M | 781.32M | 785.12M | 865.64M | 873.1M | 953.48M | 687.6M | 735M | 747.59M | 750.98M | 746.75M | 815.91M | 807M | 824.46M | 829.46M | 814.2M | 820.64M |
| Equity Growth % | -27.67% | -23.83% | -14.51% | -15.19% | -18.06% | 14.18% | 17.77% | 16.79% | 26.96% | -7.92% | -9.92% | -7.36% | -8.91% | -9.97% | 0.21% | -1.66% | 5.28% | 8.43% | 10.88% | 16.38% |
| Book Value per Share | 6.70 | 7.04 | 8.70 | 8.71 | 9.18 | 9.20 | 10.11 | 10.20 | 15.37 | 11.90 | 12.72 | 12.94 | 13.00 | 12.93 | 14.12 | 13.97 | 14.27 | 14.36 | 14.09 | 14.21 |
| Total Shareholders' Equity | 565.11M | 598.01M | 740.02M | 740.48M | 781.32M | 785.12M | 865.64M | 873.1M | 953.48M | 687.6M | 735M | 747.59M | 750.98M | 746.75M | 815.91M | 807M | 824.46M | 829.46M | 814.2M | 820.64M |
| Common Stock | 84.06K | 84.56K | 85.01K | 85.04K | 85.08K | 85.08K | 85.59K | 85.59K | 85.59K | 57.77K | 57.77K | 57.77K | 57.77K | 57.77K | 57.77K | 57.77K | 57.77K | 57.77K | 57.77K | 57.77K |
| Retained Earnings | -1.16B | -1.13B | -990.65M | -990.36M | -949.8M | -946.02M | -382.53M | -375.06M | -294.68M | -280.1M | -232.95M | -220.36M | -216.97M | -221.19M | -147.25M | -156.15M | -138.7M | -137.01M | -165.83M | -159.39M |
| 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 | 0 | 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 |