BlackRock Capital Investment Corp
0.0 %
-5.18 %
Yet to be announced
Company Overview
BlackRock Capital Investment Corporation, formerly known as BlackRock Kelso Capital Corporation, is a Business Development Company specializing in investments in middle market companies. The fund prefers to invest between $10 million and $50 million. It invests in the form of senior and junior secured, unsecured, and subordinated debt securities.
Revenue Sources
Based on the financial data provided, BlackRock Capital Investment Corporation operates as a business development company that primarily generates revenue through lending activities. This core business model of lending money for profit is considered haram in Islamic finance.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|
The company's financial statements show that interest income makes up the vast majority of its total revenue. For the most recent four quarters, interest income represented between 79% and 93% of total revenue. This indicates that interest-based income is central to the company's business model.
Operational Ethics
After reviewing available information, there is no clear evidence of significant ongoing associations with entities involved in human rights violations.
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