Morgan Stanley Direct Lending Fund Financial Flexibility Index
Morgan Stanley Direct Lending Fund financial flexibility index. Morgan Stanley Direct Lending Fund (MSDL) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of $86.35 Million (operating CF $86.35 Million minus capex $0.00) represents 0% of total liabilities ($2.13 Billion). See Morgan Stanley Direct Lending Fund free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Morgan Stanley Direct Lending Fund (2020–2025)
Financial flexibility index of Morgan Stanley Direct Lending Fund from 2020 to 2025. Historical Financial Flexibility Index trend for Morgan Stanley Direct Lending Fund across 6 annual periods. Check Morgan Stanley Direct Lending Fund cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Morgan Stanley Direct Lending Fund Financial Flexibility Index by Year (2020–2025)
Morgan Stanley Direct Lending Fund financial flexibility index by year from 2020 to 2025. Year-by-year free cash flow to debt coverage for Morgan Stanley Direct Lending Fund. For the full cash flow conversion analysis, see cash efficiency ratio of Morgan Stanley Direct Lending Fund.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.07x | $150.90 Million | $150.90 Million | $2.17 Billion | ▼ -28.6% |
| 2024 | 0.10x | $201.47 Million | $201.47 Million | $2.07 Billion | ▼ -16.9% |
| 2023 | 0.12x | $185.78 Million | $185.78 Million | $1.59 Billion | ▲ +53.1% |
| 2022 | 0.08x | $121.59 Million | $121.59 Million | $1.59 Billion | ▲ +47.5% |
| 2021 | 0.05x | $67.69 Million | $67.69 Million | $1.30 Billion | ▲ +48.2% |
| 2020 | 0.04x | $12.43 Million | $12.43 Million | $355.19 Million | — |