Morgan Stanley Direct Lending Fund (MSDL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Morgan Stanley Direct Lending Fund (MSDL) has a cash flow conversion efficiency ratio of 0.051x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($86.35 Million) by net assets ($1.69 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Morgan Stanley Direct Lending Fund stock valuation for the company's overall valuation and market capitalisation.
Morgan Stanley Direct Lending Fund - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how Morgan Stanley Direct Lending Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Morgan Stanley Direct Lending Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Morgan Stanley Direct Lending Fund ranked by their cash flow conversion efficiency. Explore MSDL cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dowlais Group Plc
LSE:DWL
|
0.028x |
|
Beijing Sanju Environmental
SHE:300072
|
0.033x |
|
Kraken Robotics Inc
V:PNG
|
-0.049x |
|
Huizhou Speed Wireless Technology Co Ltd
SHE:300322
|
-0.085x |
|
Harrow Health Inc
NASDAQ:HROW
|
-0.657x |
|
Dole PLC
NYSE:DOLE
|
-0.015x |
|
Vimeo Inc
NASDAQ:VMEO
|
0.050x |
|
Tuya Inc ADR
NYSE:TUYA
|
0.006x |
Annual Cash Flow Conversion Efficiency for Morgan Stanley Direct Lending Fund (2020–2025)
The table below shows the annual cash flow conversion efficiency of Morgan Stanley Direct Lending Fund from 2020 to 2025. View MSDL stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $1.75 Billion | $150.90 Million | 0.086x | -21.07% |
| 2024-12-31 | $1.84 Billion | $201.47 Million | 0.109x | +1.32% |
| 2023-12-31 | $1.72 Billion | $185.78 Million | 0.108x | +24.04% |
| 2022-12-31 | $1.40 Billion | $121.59 Million | 0.087x | +52.80% |
| 2021-12-31 | $1.19 Billion | $67.69 Million | 0.057x | +38.17% |
| 2020-12-31 | $301.62 Million | $12.43 Million | 0.041x | -- |
About Morgan Stanley Direct Lending Fund
Morgan Stanley Direct Lending Fund is a business development company. The fund chiefly invests in riskier bonds, issued by middle-market companies or by private equity firms looking to finance their acquisitions.