Golub Capital BDC Inc (GBDC) — Net Asset Quality Index
Golub Capital BDC Inc (GBDC) has a Net Asset Quality Index of 44.4% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $8.98 Billion minus total liabilities of $5.00 Billion yields net assets of $3.98 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Golub Capital BDC Inc (GBDC) total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Golub Capital BDC Inc Net Asset Quality Index Over Time (2009–2025)
This chart shows how Golub Capital BDC Inc's Net Asset Quality Index has evolved across 17 annual periods from 2009 to 2025. As of September 2025, the index stands at 44.4%, representing net assets of $3.98 Billion against total assets of $8.98 Billion USD. For live market cap and overall valuation, see GBDC market cap overview.
Annual Net Asset Quality Index for Golub Capital BDC Inc (2009–2025)
The table below presents the year-by-year Net Asset Quality Index for Golub Capital BDC Inc from 2009 to 2025, covering 17 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check GBDC strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 44.4% | $3.98 Billion | $8.98 Billion | $5.00 Billion | ▼ -1.8 pp |
| 2024 | 46.1% | $4.01 Billion | $8.71 Billion | $4.69 Billion | ▲ +1.7 pp |
| 2023 | 44.4% | $2.55 Billion | $5.73 Billion | $3.19 Billion | ▼ -0.3 pp |
| 2022 | 44.8% | $2.54 Billion | $5.68 Billion | $3.14 Billion | ▼ -5.2 pp |
| 2021 | 50.0% | $2.58 Billion | $5.16 Billion | $2.58 Billion | ▼ -3.9 pp |
| 2020 | 53.9% | $2.40 Billion | $4.44 Billion | $2.05 Billion | ▲ +3.3 pp |
| 2019 | 50.6% | $2.22 Billion | $4.39 Billion | $2.17 Billion | ▼ -2.2 pp |
| 2018 | 52.8% | $968.85 Million | $1.84 Billion | $866.70 Million | ▼ -1.8 pp |
| 2017 | 54.6% | $957.95 Million | $1.75 Billion | $796.23 Million | ▲ +4.6 pp |
| 2016 | 50.0% | $878.83 Million | $1.76 Billion | $877.68 Million | ▲ +0.4 pp |
| 2015 | 49.6% | $810.87 Million | $1.63 Billion | $822.56 Million | ▼ -1.1 pp |
| 2014 | 50.8% | $732.74 Million | $1.44 Billion | $710.65 Million | ▼ -9.5 pp |
| 2013 | 60.3% | $658.24 Million | $1.09 Billion | $433.42 Million | ▲ +9.2 pp |
| 2012 | 51.1% | $375.13 Million | $734.10 Million | $358.97 Million | ▼ -5.5 pp |
| 2011 | 56.6% | $316.55 Million | $559.64 Million | $243.09 Million | ▼ -2.3 pp |
| 2010 | 58.8% | $260.54 Million | $442.76 Million | $182.22 Million | ▲ +36.2 pp |
| 2009 | 22.7% | $92.75 Million | $409.12 Million | $316.37 Million | — |