Bain Capital Specialty Finance Inc (BCSF) - Net Assets
Based on the latest financial reports, Bain Capital Specialty Finance Inc (BCSF) has net assets worth $1.13 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.72 Billion) and total liabilities ($1.59 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. Check BCSF financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.13 Billion |
| % of Total Assets | 41.55% |
| Annual Growth Rate | 33.89% |
| 5-Year Change | 6.71% |
| 10-Year Change | N/A |
| Growth Volatility | 117.86 |
Bain Capital Specialty Finance Inc - Net Assets Trend (2016–2024)
This chart illustrates how Bain Capital Specialty Finance Inc's net assets have evolved over time, based on quarterly financial data. Also explore Bain Capital Specialty Finance Inc (BCSF) total assets for the complete picture of this company's asset base.
Annual Net Assets for Bain Capital Specialty Finance Inc (2016–2024)
The table below shows the annual net assets of Bain Capital Specialty Finance Inc from 2016 to 2024. For live valuation and market cap data, see BCSF company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.14 Billion | +0.28% |
| 2023-12-31 | $1.14 Billion | +1.80% |
| 2022-12-31 | $1.12 Billion | +1.49% |
| 2021-12-31 | $1.10 Billion | +3.00% |
| 2020-12-31 | $1.07 Billion | +4.87% |
| 2019-12-31 | $1.02 Billion | +1.67% |
| 2018-12-31 | $1.00 Billion | +97.57% |
| 2017-12-31 | $506.96 Million | +359.44% |
| 2016-12-31 | $110.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bain Capital Specialty Finance 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 1988600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $65.00K | 0.01% |
| Other Components | $1.16 Billion | 101.74% |
| Total Equity | $1.14 Billion | 100.00% |
Bain Capital Specialty Finance Inc Competitors by Market Cap
The table below lists competitors of Bain Capital Specialty Finance Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sgis Songshan Co Ltd
SHE:000717
|
$879.62 Million |
|
Hengsheng Energy Co Ltd
SHG:605580
|
$879.69 Million |
|
Zhejiang Zanyu Technology Co Ltd
SHE:002637
|
$879.70 Million |
|
Citic Guoan Wine Co Ltd
SHG:600084
|
$879.74 Million |
|
Neuca S.A.
WAR:NEU
|
$879.55 Million |
|
New Huadu Supercenter Co Ltd
SHE:002264
|
$879.51 Million |
|
IPERIONX LTD SP.ADR/10
F:30Z0
|
$879.39 Million |
|
Huadian Power International Corporation Limited
F:SHX
|
$879.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bain Capital Specialty Finance Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,136,466,000 to 1,139,672,000, a change of 3,206,000 (0.3%).
- Net income of 119,418,000 contributed positively to equity growth.
- Dividend payments of 114,275,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $119.42 Million | +10.48% |
| Dividends Paid | $114.28 Million | -10.03% |
| Other Changes | $-1.94 Million | -0.17% |
| Total Change | $- | 0.28% |
Book Value vs Market Value Analysis
This analysis compares Bain Capital Specialty Finance 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 13940000.00x 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $13.94 | x |
| 2016-12-31 | $5.57 | $13.94 | x |
| 2017-12-31 | $25.57 | $13.94 | x |
| 2018-12-31 | $25.61 | $13.94 | x |
| 2019-12-31 | $19.46 | $13.94 | x |
| 2020-12-31 | $18.20 | $13.94 | x |
| 2021-12-31 | $17.04 | $13.94 | x |
| 2022-12-31 | $17.29 | $13.94 | x |
| 2023-12-31 | $17.60 | $13.94 | x |
| 2024-12-31 | $17.65 | $13.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bain Capital Specialty Finance 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): 10.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 56.10%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.31x
- Recent ROE (10.48%) is above the historical average (6.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.55% | 28.77% | 0.01x | 1.60x | $-10.43 Million |
| 2017 | 3.81% | 78.75% | 0.02x | 1.95x | $-31.40 Million |
| 2018 | 2.66% | 36.21% | 0.04x | 1.79x | $-73.52 Million |
| 2019 | 9.63% | 103.56% | 0.04x | 2.60x | $-3.75 Million |
| 2020 | 0.78% | 59.51% | 0.01x | 2.44x | $-98.52 Million |
| 2021 | 10.89% | 96.57% | 0.05x | 2.34x | $9.81 Million |
| 2022 | 9.45% | 90.54% | 0.04x | 2.32x | $-6.16 Million |
| 2023 | 10.86% | 56.59% | 0.09x | 2.18x | $9.73 Million |
| 2024 | 10.48% | 56.10% | 0.08x | 2.31x | $5.45 Million |
Industry Comparison
This section compares Bain Capital Specialty Finance Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bain Capital Specialty Finance Inc (BCSF) | $1.13 Billion | 0.55% | 1.41x | $879.62 Million |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About Bain Capital Specialty Finance Inc
Bain Capital Specialty Finance, Inc. is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that pr… Read more