BlackRock TCP Capital Corp - Asset Resilience Ratio
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. Explore TCPC long-term investment intensity to see how much of total assets are deployed in long-term investments.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2010–2022)
This chart shows how BlackRock TCP Capital Corp's Asset Resilience Ratio has changed over time. See BlackRock TCP Capital Corp (TCPC) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see BlackRock TCP Capital Corp asset portfolio.
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 |
|---|---|---|
|
Eagle Point Income Company Inc
NYSE:EIC |
Asset Management | 0.00% |
|
Svolder AB (publ)
ST:SVOL-A |
Asset Management | 6.69% |
|
Argo Investments Ltd
AU:ARG |
Asset Management | 0.46% |
|
Sprott Physical Silver
TO:PSLV |
Asset Management | 99.90% |
|
Norte Grande
SN:NORTEGRAN |
Asset Management | 0.00% |
|
Sprott Inc.
TO:SII |
Asset Management | 1.84% |
|
Sprott Physical Gold Trust
TO:PHYS |
Asset Management | 99.63% |
|
Australian United Investment Company Ltd
AU:AUI |
Asset Management | 0.01% |
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 | -- |
About BlackRock TCP Capital Corp
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