Barings BDC Inc Net Assets
Barings BDC Inc net assets. Based on the latest financial reports, Barings BDC Inc (BBDC) has net assets worth $1.15 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.58 Billion) and total liabilities ($1.44 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Barings BDC Inc (BBDC) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.15 Billion |
| % of Total Assets | 44.34% |
| Annual Growth Rate | 21.69% |
| 5-Year Change | 56.44% |
| 10-Year Change | 89.92% |
| Growth Volatility | 89.18 |
Net Assets of Barings BDC Inc (2004–2025)
Net assets of Barings BDC Inc from 2004 to 2025. This chart illustrates how Barings BDC Inc's net assets have evolved over time, based on quarterly financial data. See BBDC net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Barings BDC Inc (2004–2025)
The table below shows the annual net assets of Barings BDC Inc from 2004 to 2025. For live market cap and overall valuation, see how much is Barings BDC Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.16 Billion | -2.49% |
| 2024-12-31 | $1.19 Billion | -0.52% |
| 2023-12-31 | $1.20 Billion | +0.35% |
| 2022-12-31 | $1.19 Billion | +60.71% |
| 2021-12-31 | $741.93 Million | +3.36% |
| 2020-12-31 | $717.80 Million | +25.74% |
| 2019-12-31 | $570.87 Million | +1.40% |
| 2018-12-31 | $562.97 Million | -12.21% |
| 2017-12-31 | $641.28 Million | +4.93% |
| 2016-12-31 | $611.16 Million | +20.22% |
| 2015-12-31 | $508.37 Million | -4.23% |
| 2014-12-31 | $530.83 Million | +19.07% |
| 2013-12-31 | $445.79 Million | +6.82% |
| 2012-12-31 | $417.34 Million | +24.84% |
| 2011-12-31 | $334.29 Million | +85.22% |
| 2010-12-31 | $180.48 Million | +39.80% |
| 2009-12-31 | $129.10 Million | +41.21% |
| 2008-12-31 | $91.43 Million | -2.19% |
| 2007-12-31 | $93.47 Million | +271.56% |
| 2006-12-31 | $25.16 Million | -68.54% |
| 2005-12-31 | $79.97 Million | +325.01% |
| 2004-12-31 | $18.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Barings BDC Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 69982222500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Barings BDC Inc Net Assets Breakdown (December 2025)
Barings BDC Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $104.00K | 0.01% |
| Other Components | $1.86 Billion | 160.49% |
| Total Equity | $1.16 Billion | 100.00% |
Barings BDC Inc Competitors by Market Cap
The table below lists competitors of Barings BDC Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Motic Xiamen Electric Group Co Ltd
SHE:300341
|
$910.08 Million |
|
SAF Holland SA
XETRA:SFQ
|
$910.16 Million |
|
Stx Heavy Indu
KO:071970
|
$910.33 Million |
|
ATEX Resources Inc.
V:ATX
|
$910.56 Million |
|
Zhuzhou Huarui Precision Cutting Tools Co Ltd
SHG:688059
|
$909.48 Million |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
$909.45 Million |
|
Oppenheimer Holdings Inc
NYSE:OPY
|
$908.89 Million |
|
Guan Chong Bhd
KLSE:5102
|
$908.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Barings BDC Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,190,354,000 to 1,160,682,000, a change of -29,672,000 (-2.5%).
- Net income of 101,924,000 contributed positively to equity growth.
- Dividend payments of 125,247,000 reduced retained earnings.
- Share repurchases of 6,349,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $101.92 Million | +8.78% |
| Dividends Paid | $125.25 Million | -10.79% |
| Share Repurchases | $6.35 Million | -0.55% |
| Total Change | $- | -2.49% |
Book Value vs Market Value Analysis
This analysis compares Barings BDC Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.79x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.09x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $2.81 | $8.69 | x |
| 2005-12-31 | $11.96 | $8.69 | x |
| 2006-12-31 | $3.76 | $8.69 | x |
| 2007-12-31 | $13.89 | $8.69 | x |
| 2008-12-31 | $13.29 | $8.69 | x |
| 2009-12-31 | $15.02 | $8.69 | x |
| 2010-12-31 | $14.14 | $8.69 | x |
| 2011-12-31 | $17.09 | $8.69 | x |
| 2012-12-31 | $15.61 | $8.69 | x |
| 2013-12-31 | $16.17 | $8.69 | x |
| 2014-12-31 | $17.83 | $8.69 | x |
| 2015-12-31 | $15.30 | $8.69 | x |
| 2016-12-31 | $16.79 | $8.69 | x |
| 2017-12-31 | $13.79 | $8.69 | x |
| 2018-12-31 | $11.28 | $8.69 | x |
| 2019-12-31 | $11.38 | $8.69 | x |
| 2020-12-31 | $14.78 | $8.69 | x |
| 2021-12-31 | $11.36 | $8.69 | x |
| 2022-12-31 | $11.59 | $8.69 | x |
| 2023-12-31 | $11.18 | $8.69 | x |
| 2024-12-31 | $11.26 | $8.69 | x |
| 2025-12-31 | $11.04 | $8.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Barings BDC Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.96%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.27x
- Recent ROE (8.78%) is above the historical average (5.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -6.71% | -63.49% | 0.05x | 1.98x | $-3.14 Million |
| 2005 | 3.97% | 64.83% | 0.04x | 1.41x | $-4.82 Million |
| 2006 | 0.00% | 0.00% | 0.11x | 2.34x | $-2.52 Million |
| 2007 | 9.43% | 67.25% | 0.10x | 1.46x | $-534.14K |
| 2008 | 8.35% | 44.59% | 0.08x | 2.34x | $-1.50 Million |
| 2009 | 3.13% | 19.35% | 0.08x | 2.02x | $-8.87 Million |
| 2010 | 14.07% | 88.67% | 0.07x | 2.15x | $7.34 Million |
| 2011 | 16.98% | 80.42% | 0.12x | 1.74x | $23.34 Million |
| 2012 | 14.39% | 66.47% | 0.11x | 1.90x | $18.33 Million |
| 2013 | 18.22% | 80.39% | 0.12x | 1.83x | $36.63 Million |
| 2014 | 5.34% | 27.14% | 0.11x | 1.84x | $-24.72 Million |
| 2015 | 9.41% | 39.46% | 0.12x | 2.04x | $-2.98 Million |
| 2016 | 5.61% | 30.13% | 0.10x | 1.90x | $-26.86 Million |
| 2017 | -4.47% | -23.29% | 0.10x | 1.91x | $-92.78 Million |
| 2018 | -20.30% | -142.45% | 0.07x | 2.07x | $-170.58 Million |
| 2019 | 10.19% | 88.55% | 0.05x | 2.19x | $1.10 Million |
| 2020 | 1.14% | 47.65% | 0.01x | 2.34x | $-63.60 Million |
| 2021 | 10.47% | 89.51% | 0.04x | 2.91x | $3.49 Million |
| 2022 | 0.39% | 29.25% | 0.01x | 2.27x | $-114.55 Million |
| 2023 | 10.70% | 44.26% | 0.11x | 2.24x | $8.34 Million |
| 2024 | 9.27% | 52.74% | 0.08x | 2.26x | $-8.75 Million |
| 2025 | 8.78% | 40.96% | 0.09x | 2.27x | $-14.14 Million |
Industry Comparison
This section compares Barings BDC Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $480,061,868
- Average return on equity (ROE) among peers: -14.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Barings BDC Inc (BBDC) | $1.15 Billion | -6.71% | 1.26x | $909.90 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $3.12 Billion |
| AllianceBernstein Holding L.P. (AB) | $214.00 Million | 32.52% | 1.62x | $3.19 Billion |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $60.56 Million | -17.39% | 0.03x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $339.06 Million | 10.60% | 0.53x | $69.65 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $12.33 Million | -46.28% | 0.02x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $253.09 Million |
| Amber International Holding Limited (AMBR) | $106.64 Million | -30.39% | 0.94x | $164.48 Million |
| Affiliated Managers Group, Inc. (AMG) | $2.79 Billion | 4.96% | 0.89x | $9.76 Billion |
About Barings BDC Inc
Barings BDC, Inc. is a publicly traded Real Estate, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middl… Read more