Golub Capital BDC Inc (GBDC) - Total Assets
Based on the latest financial reports, Golub Capital BDC Inc (GBDC) holds total assets worth $8.98 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore GBDC debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Golub Capital BDC Inc - Total Assets Trend (2009–2025)
This chart illustrates how Golub Capital BDC Inc's total assets have evolved over time, based on quarterly financial data. See Golub Capital BDC Inc net assets for net asset value and shareholders' equity analysis.
Golub Capital BDC Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
Golub Capital BDC Inc's total assets of $8.98 Billion consist of 1.9% current assets and 98.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $68.03 Million | 0.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2025)
This chart illustrates how Golub Capital BDC Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Golub Capital BDC Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Golub Capital BDC Inc's current assets represent 1.9% of total assets in 2025, a decrease from 100.0% in 2009.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2025, up from 0.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 0.8% of total assets.
Golub Capital BDC Inc Competitors by Total Assets
Key competitors of Golub Capital BDC Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Toro Ltd
LSE:TORO
|
UK | €343.75 Million |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
UK | GBX287.45 Million |
|
Industrivarden AB ser. A
ST:INDU-A
|
Sweden | Skr211.38 Billion |
|
Pershing Square Inc.
NYSE:PS
|
USA | $990.48 Million |
|
Sprott Inc.
TO:SII
|
Canada | CA$720.71 Million |
|
Australian United Investment Company Ltd
AU:AUI
|
Australia | AU$1.72 Billion |
|
Tri Continental Closed Fund
NYSE:TY
|
USA | $1.90 Billion |
|
CI Financial Corp
TO:CIX
|
Canada | CA$11.01 Billion |
Golub Capital BDC Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.41 | 3.66 | 2.78 |
| Quick Ratio | 4.41 | 3.66 | 2.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $130.54 Million | $149.20 Million | $29.24 Million |
Golub Capital BDC Inc - Advanced Valuation Insights
This section examines the relationship between Golub Capital BDC Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.91 |
| Latest Market Cap to Assets Ratio | 0.38 |
| Asset Growth Rate (YoY) | 3.1% |
| Total Assets | $8.98 Billion |
| Market Capitalization | $3.41 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Golub Capital BDC Inc's assets below their book value (0.38x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Golub Capital BDC Inc's assets grew by 3.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Golub Capital BDC Inc (2009–2025)
The table below shows the annual total assets of Golub Capital BDC Inc from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $8.98 Billion | +3.13% |
| 2024-09-30 | $8.71 Billion | +51.84% |
| 2023-09-30 | $5.73 Billion | +0.92% |
| 2022-09-30 | $5.68 Billion | +10.00% |
| 2021-09-30 | $5.16 Billion | +16.21% |
| 2020-09-30 | $4.44 Billion | +1.12% |
| 2019-09-30 | $4.39 Billion | +139.43% |
| 2018-09-30 | $1.84 Billion | +4.64% |
| 2017-09-30 | $1.75 Billion | -0.13% |
| 2016-09-30 | $1.76 Billion | +7.54% |
| 2015-09-30 | $1.63 Billion | +13.17% |
| 2014-09-30 | $1.44 Billion | +32.22% |
| 2013-09-30 | $1.09 Billion | +48.71% |
| 2012-09-30 | $734.10 Million | +31.17% |
| 2011-09-30 | $559.64 Million | +26.40% |
| 2010-09-30 | $442.76 Million | +8.22% |
| 2009-09-30 | $409.12 Million | -- |
About Golub Capital BDC Inc
Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insur… Read more