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. See BlackRock TCP Capital Corp (TCPC) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see BlackRock TCP Capital Corp (TCPC) total assets.

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. Explore BlackRock TCP Capital Corp (TCPC) investment intensity to see how much of total assets are deployed in long-term investments.

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
Julius Baer Gruppe AG
SW:BAER
Asset Management 15.49%
DWS Group GmbH & Co. KGaA
XETRA:DWS
Asset Management 9.15%
KBC Ancora
BR:KBCA
Asset Management 1.63%
Groep Brussel Lambert NV
BR:GBLB
Asset Management 3.60%
Argo Investments Ltd
AU:ARG
Asset Management 0.46%
Australian United Investment Company Ltd
AU:AUI
Asset Management 0.01%
Central Securities Corporation
NYSE MKT:CET
Asset Management 3.19%
General American Investors Closed Fund
NYSE:GAM
Asset Management -4.00%

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

About BlackRock TCP Capital Corp

NASDAQ:TCPC USA Asset Management
Market Cap
$336.45 Million
Market Cap Rank
#14401 Global
#3412 in USA
Share Price
$4.01
Change (1 day)
+0.25%
52-Week Range
$3.13 - $6.20
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