Morgan Stanley Direct Lending Fund Cash Flow-to-Debt Ratio
Morgan Stanley Direct Lending Fund cash flow-to-debt ratio. Morgan Stanley Direct Lending Fund (MSDL) has a Cash Flow-to-Debt Ratio of 0.04x as of March 2026, meaning its operating cash flow of $86.35 Million could theoretically repay 0% of its total liabilities ($2.13 Billion) in one year. Check cash flow quality index of Morgan Stanley Direct Lending Fund to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Morgan Stanley Direct Lending Fund (2020–2025)
Cash flow-to-debt ratio of Morgan Stanley Direct Lending Fund from 2020 to 2025. Historical debt coverage capacity for Morgan Stanley Direct Lending Fund across 6 annual periods. Check Morgan Stanley Direct Lending Fund (MSDL) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Morgan Stanley Direct Lending Fund Cash Flow-to-Debt Ratio by Year (2020–2025)
Morgan Stanley Direct Lending Fund cash flow-to-debt ratio by year from 2020 to 2025. Year-by-year debt coverage analysis for Morgan Stanley Direct Lending Fund. For the full cash flow conversion analysis, see Morgan Stanley Direct Lending Fund operating cash flow efficiency.
| 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 | — |