Morgan Stanley Direct Lending Fund (MSDL) — Cash Flow-to-Debt Ratio
Morgan Stanley Direct Lending Fund (MSDL) has a Cash Flow-to-Debt Ratio of 0.01x as of March 2026, meaning its operating cash flow of $31.47 Million could theoretically repay 0% of its total liabilities ($2.13 Billion) in one year. See cash generation quality of Morgan Stanley Direct Lending Fund to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Morgan Stanley Direct Lending Fund Cash Flow-to-Debt Ratio (2020–2025)
Historical debt coverage capacity for Morgan Stanley Direct Lending Fund across 6 annual periods. Also explore Morgan Stanley Direct Lending Fund annual equity growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Morgan Stanley Direct Lending Fund (2020–2025)
Year-by-year debt coverage analysis for Morgan Stanley Direct Lending Fund. For market capitalisation and broader financial context, see how much is Morgan Stanley Direct Lending Fund worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.07x | $150.90 Million | $2.17 Billion | ▼ -28.6% |
| 2024 | 0.10x | $201.47 Million | $2.07 Billion | ▼ -16.9% |
| 2023 | 0.12x | $185.78 Million | $1.59 Billion | ▲ +53.1% |
| 2022 | 0.08x | $121.59 Million | $1.59 Billion | ▲ +47.5% |
| 2021 | 0.05x | $67.69 Million | $1.30 Billion | ▲ +48.2% |
| 2020 | 0.04x | $12.43 Million | $355.19 Million | — |