BlackRock TCP Capital Corp

NASDAQ:TCPC USA Asset Management
Market Cap
$299.49 Million
Market Cap Rank
#42932 Global
#13815 in USA
Share Price
$3.53
Change (1 day)
-3.02%
52-Week Range
$3.53 - $8.05
All Time High
$11.24
About

BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments. It typically invests in communication services, public relations services, television, wireless teleco… Read more

BlackRock TCP Capital Corp - Asset Resilience Ratio

Latest as of March 2023: 92.91%

BlackRock TCP Capital Corp (TCPC) has an Asset Resilience Ratio of 92.91% as of March 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$1.67 Billion
Cash + Short-term Investments
Total Assets
$1.79 Billion
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2010–2022)

This chart shows how BlackRock TCP Capital Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down BlackRock TCP Capital Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $1.67 Billion 92.91%
Total Liquid Assets $1.67 Billion 92.91%

Asset Resilience Insights

  • Very High Liquidity: BlackRock TCP Capital Corp maintains exceptional liquid asset reserves at 92.91% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

BlackRock TCP Capital Corp Industry Peers by Asset Resilience Ratio

Compare BlackRock TCP Capital Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bexil Cp
PINK:BXLC
Asset Management 79.25%
Norte Grande
SN:NORTEGRAN
Asset Management 0.00%
BlackRock Capital Allocation Trust
NYSE:BCAT
Asset Management 0.01%
Big Tech 50 R&D-Limited Partnership
TA:BIGT
Asset Management 6.93%
Zhuhai Huajin Capital Co Ltd
SHE:000532
Asset Management 5.10%
Shaanxi International Trust Co Ltd
SHE:000563
Asset Management 10.77%
Sichuan Shuangma Cement Co Ltd
SHE:000935
Asset Management 0.22%
Sk Securities
KO:001510
Asset Management 0.48%

Annual Asset Resilience Ratio for BlackRock TCP Capital Corp (2010–2022)

The table below shows the annual Asset Resilience Ratio data for BlackRock TCP Capital Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 81.59% $1.40 Billion $1.72 Billion -4.93pp
2021-12-31 86.52% $1.64 Billion $1.89 Billion +86.78pp
2015-12-31 -0.26% $-3.23 Million $1.24 Billion -0.26pp
2014-12-31 0.00% $497.00 $1.21 Billion 0.00pp
2013-12-31 0.00% $14.14K $803.33 Million +0.03pp
2012-12-31 -0.03% $-179.36K $549.24 Million -4.13pp
2010-12-31 4.10% $19.40 Million $473.64 Million --
pp = percentage points