TCPC

BlackRock TCP Capital Corp

Halal Rating :
Uncomfortable
Last Price $8.94 Last updated:
Market Cap $766.04m
7D Change 4.68%
1 Year Change -23.2%

Company Overview

Industries
  • Financial
  • Financial Services
  • Closed-End Fund - Debt
Exchange Nasdaq
Next Earnings Date

BlackRock TCP Capital Corp. is a business development company (BDC) that primarily provides debt financing to middle-market companies. The company's investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection.

The company primarily invests in senior secured loans, including first-lien and second-lien debt instruments, to middle-market companies whose enterprise values typically range from $100 million to $1.5 billion.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $43.98m $21.16m $43.85m $21.16m 99.71% 100.00%

Company Impact

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