BlackRock TCP Capital Corp (TCPC) — Financial Flexibility Index

Latest as of March 2026: 0.04x

BlackRock TCP Capital Corp (TCPC) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of $42.28 Million (operating CF $42.28 Million minus capex $0.00) represents 0% of total liabilities ($944.44 Million). Check how strategically is BlackRock TCP Capital Corp's equity deployed to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$42.28 Million
Operating CF − Capex

Total Liabilities

$944.44 Million
USD

Capital Expenditures

$0.00
USD

BlackRock TCP Capital Corp Financial Flexibility Index (2009–2025)

Historical Financial Flexibility Index trend for BlackRock TCP Capital Corp across 17 annual periods. See BlackRock TCP Capital Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for BlackRock TCP Capital Corp (2009–2025)

Year-by-year free cash flow to debt coverage for BlackRock TCP Capital Corp. For the full company profile including market capitalisation, see TCPC market cap.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.15x $154.92 Million $154.92 Million $1.05 Billion ▼ -42.9%
2024 0.26x $293.12 Million $293.12 Million $1.14 Billion ▲ +191.1%
2023 0.09x $89.48 Million $89.48 Million $1.01 Billion ▼ -57.8%
2022 0.21x $203.95 Million $203.95 Million $972.60 Million ▲ +370.3%
2021 -0.08x $-82.61 Million $-82.61 Million $1.06 Billion ▼ -157.5%
2020 0.13x $122.33 Million $122.33 Million $907.00 Million ▲ +2617.7%
2019 0.00x $4.69 Million $4.69 Million $945.75 Million ▲ +108.9%
2018 -0.06x $-46.37 Million $-46.37 Million $829.06 Million ▲ +66.9%
2017 -0.17x $-128.22 Million $-128.22 Million $758.69 Million ▼ -118.8%
2016 -0.08x $-46.08 Million $-46.08 Million $596.66 Million ▼ -198.2%
2015 0.08x $40.99 Million $40.99 Million $521.34 Million ▲ +110.1%
2014 -0.78x $-368.07 Million $-368.07 Million $474.74 Million ▼ -0.6%
2013 -0.77x $-195.51 Million $-195.51 Million $253.72 Million ▼ -103.2%
2012 -0.38x $-88.44 Million $-88.44 Million $233.25 Million ▼ -181.8%
2011 0.46x $76.76 Million $76.76 Million $165.58 Million ▲ +165.7%
2010 -0.71x $-52.99 Million $-52.99 Million $75.05 Million ▼ -195.0%
2009 0.74x $70.93 Million $70.93 Million $95.43 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities