BlackRock TCP Capital Corp (TCPC) — Cash Flow Quality Index

Latest as of September 2025: 4.26x

BlackRock TCP Capital Corp (TCPC) has a Cash Flow Quality Index of 4.26x as of September 2025. Operating cash flow of $103.74 Million exceeds net income of $24.37 Million, indicating high earnings quality where cash backs reported profits. Explore TCPC long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

4.26x
Operating CF / Net Income

Operating Cash Flow

$103.74 Million
USD

Net Income

$24.37 Million
USD

Data as of

Sep 2025
Most recent filing

BlackRock TCP Capital Corp Cash Flow Quality Index (2009–2023)

Historical Cash Flow Quality Index for BlackRock TCP Capital Corp across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check BlackRock TCP Capital Corp (TCPC) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for BlackRock TCP Capital Corp (2009–2023)

Year-by-year earnings quality comparison for BlackRock TCP Capital Corp. For live market cap and the full company financial profile, see TCPC stock market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 2.33x $89.48 Million $38.47 Million ▲ +476.7%
2021 -0.62x $-82.61 Million $133.79 Million ▼ -136.0%
2020 1.71x $122.33 Million $71.37 Million ▲ +1016.7%
2019 0.15x $4.69 Million $30.58 Million ▲ +115.1%
2018 -1.02x $-46.37 Million $45.48 Million ▲ +46.0%
2017 -1.89x $-128.22 Million $67.93 Million ▼ -212.6%
2016 -0.60x $-46.08 Million $76.32 Million ▼ -187.0%
2015 0.69x $40.99 Million $59.07 Million ▲ +106.5%
2014 -10.65x $-368.07 Million $34.55 Million ▼ -169.9%
2013 -3.95x $-195.51 Million $49.53 Million ▼ -15.8%
2012 -3.41x $-88.44 Million $25.93 Million ▼ -129.9%
2011 11.41x $76.76 Million $6.73 Million ▲ +1585.6%
2010 -0.77x $-52.99 Million $69.01 Million ▼ -158.5%
2009 1.31x $70.93 Million $54.08 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.