Morgan Stanley Direct Lending Fund (MSDL) - Total Liabilities
Based on the latest financial reports, Morgan Stanley Direct Lending Fund (MSDL) has total liabilities worth $2.13 Billion USD as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore net asset momentum of Morgan Stanley Direct Lending Fund to track the company's year-over-year net asset growth rate.
Morgan Stanley Direct Lending Fund - Total Liabilities Trend (2019–2025)
This chart illustrates how Morgan Stanley Direct Lending Fund's total liabilities have evolved over time, based on quarterly financial data. See free cash flow generation of Morgan Stanley Direct Lending Fund to measure how efficiently the company converts operating cash flow to free cash.
Morgan Stanley Direct Lending Fund Competitors by Total Liabilities
The table below lists competitors of Morgan Stanley Direct Lending Fund ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Shandong Weigao Orthopaedic Device Co. Ltd. A
SHG:688161
|
China | CN¥961.73 Million |
|
Birchcliff Energy Ltd.
TO:BIR
|
Canada | CA$1.30 Billion |
|
UTI Asset Management Company Limited
NSE:UTIAMC
|
India | Rs5.39 Billion |
|
Triumph Financial, Inc.
NASDAQ:TFIN
|
USA | $5.44 Billion |
|
Intellia Therapeutics Inc
NASDAQ:NTLA
|
USA | $170.73 Million |
|
Bitfarms Ltd.
NASDAQ:KEEL
|
USA | $735.97 Million |
|
Cairn Homes PLC
IR:C5H
|
Ireland | €522.49 Million |
|
Alphatec Holdings Inc
NASDAQ:ATEC
|
USA | $781.22 Million |
Liability Composition Analysis (2019–2025)
This chart breaks down Morgan Stanley Direct Lending Fund's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see MSDL company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.23 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.26 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.56 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Morgan Stanley Direct Lending Fund's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Morgan Stanley Direct Lending Fund (2019–2025)
The table below shows the annual total liabilities of Morgan Stanley Direct Lending Fund from 2019 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $2.17 Billion | +4.93% |
| 2024-12-31 | $2.07 Billion | +30.54% |
| 2023-12-31 | $1.59 Billion | -0.20% |
| 2022-12-31 | $1.59 Billion | +21.78% |
| 2021-12-31 | $1.30 Billion | +267.32% |
| 2020-12-31 | $355.19 Million | +13638.75% |
| 2019-12-31 | $2.59 Million | -- |
About Morgan Stanley Direct Lending Fund
Morgan Stanley Direct Lending Fund is a business development company. The fund chiefly invests in riskier bonds, issued by middle-market companies or by private equity firms looking to finance their acquisitions.