Golub Capital Financials

GBDC Stock  USD 15.83  0.14  0.88%   
Based on the analysis of Golub Capital's profitability, liquidity, and operating efficiency, Golub Capital BDC may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Golub Capital's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 52.3 M, whereas Other Current Liabilities is projected to grow to (27.6 M). Key indicators impacting Golub Capital's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.21.63
Way Down
Pretty Stable
Current Ratio5.685.41
Sufficiently Up
Slightly volatile
The financial analysis of Golub Capital is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Golub Capital includes many different criteria found on its balance sheet. For example, investors should never minimize Golub Capital's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Golub Capital's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Golub Capital.

Net Income

312.3 Million

With this module, you can analyze Golub financials for your investing period. You should be able to track the changes in Golub Capital individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Golub Capital Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Golub Capital's financial statements are interrelated, with each one affecting the others. For example, an increase in Golub Capital's assets may result in an increase in income on the income statement.
Evaluating Golub Capital's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Golub Capital's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Golub Capital's relative financial performance

Chance Of Distress

Less than 5

 
100  
 
Zero
Very Low
Golub Capital BDC has less than 5 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Golub Capital stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Golub Capital's odds of distress score SHOULD NOT be confused with the real chance of Golub Capital BDC filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Golub is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Golub Capital's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Golub Capital's official financial statements usually reflect Golub Capital's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Golub Capital BDC. For example, before you start analyzing numbers published by Golub accountants, it's critical to develop an understanding of what Golub Capital's liquidity, profitability, and earnings quality are in the context of the Capital Markets space in which it operates.
Please note, the presentation of Golub Capital's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Golub Capital's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Golub Capital's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Golub Capital BDC. Please utilize our Beneish M Score to check the likelihood of Golub Capital's management manipulating its earnings.

Golub Capital Company Summary

Golub Capital competes with Old Dominion, Sun Country, Saia, Uber Technologies, and United Airlines. is a business development company and operates as an externally managed closed-end non-diversified management investment company. It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants. Golub Capital is traded on NASDAQ Exchange in the United States.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS38173M1027
CUSIP38173M102
LocationNew York; U.S.A
Business Address150 South Wacker
SectorCapital Markets
IndustryFinancials
BenchmarkNYSE Composite
Websitewww.golubcapitalbdc.com
Phone312 205 5050
CurrencyUSD - US Dollar
You should never invest in Golub Capital without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Golub Stock, because this is throwing your money away. Analyzing the key information contained in Golub Capital's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Golub Capital Key Financial Ratios

Generally speaking, Golub Capital's financial ratios allow both analysts and investors to convert raw data from Golub Capital's financial statements into concise, actionable information that can be used to evaluate the performance of Golub Capital over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Golub Capital BDC reports annually and quarterly.

Golub Capital Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.4B5.2B5.7B5.7B6.6B6.9B
Other Current Liab(11.9M)(18.6M)(225K)(32.3M)(29.0M)(27.6M)
Other Liab1.1M543K1.4M1.1M981K932.0K
Net Debt2.0B2.4B3.0B3.0B3.5B3.7B
Retained Earnings(228.6M)(81.7M)(132.3M)(99.2M)(89.3M)(84.8M)
Accounts Payable11.9M18.6M26.9M32.3M37.1M39.0M
Other Assets162.5M70.7M57.6M7.9M9.0M8.6M
Net Receivables17.3M18.3M20.8M58.1M66.8M70.1M
Inventory202.0M1.0201.3M198.3M228.0M239.4M
Other Current Assets(202.0M)(262.7M)(201.3M)(198.3M)(178.4M)(169.5M)
Total Liab2.0B2.6B3.1B3.2B3.7B3.8B
Total Current Assets43.6M199.4M144.9M194.1M174.6M112.6M
Cash26.3M181.1M124.1M69.8M80.3M45.4M
Common Stock133K167K170K171K195.5K205.3K
Net Tangible Assets2.4B2.6B2.5B2.5B2.9B1.8B
Net Invested Capital4.4B5.1B5.6B5.7B6.5B4.5B
Capital Stock133K167K170K171K195.5K159.7K

Golub Capital Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Golub Capital's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense74.9M65.8M82.0M143.2M164.7M173.0M
Total Revenue66.8M349.5M172.6M284.4M327.1M343.5M
Gross Profit66.8M349.5M172.6M597.8M687.5M721.9M
Operating Income54.9M340.8M236.7M292.8M336.7M353.5M
Ebit54.9M340.8M236.7M292.8M336.7M353.5M
Ebitda58.4M351.0M284.5M292.8M336.7M353.5M
Cost Of Revenue79.1M68.3M96.9M(313.4M)(282.0M)(267.9M)
Income Before Tax54.9M340.8M154.7M262.2M301.5M316.6M
Net Income54.9M340.3M153.4M258.6M297.4M312.3M
Income Tax Expense96.4M543K1.2M3.6M4.1M3.9M
Interest Income295.0M300.4M382.9M584.6M672.3M705.9M
Net Interest Income220.1M234.7M300.8M441.4M507.6M533.0M

Golub Capital Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Golub Capital BDC. It measures of how well Golub is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Golub Capital brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Golub had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Golub Capital has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Free Cash Flow187.7M(306.0M)(416.5M)195.4M224.7M235.9M
Other Non Cash Items133.2M(663.6M)(601.3M)(25.6M)(23.0M)(24.2M)
Net Income54.9M340.3M153.4M258.6M297.4M312.3M
Change In Cash100.2M59.9M(63.8M)(40.3M)(36.3M)(34.5M)
Depreciation27.0M19.6M(1.7M)(5.5M)(6.3M)(6.0M)
Dividends Paid136.4M139.1M155.2M191.5M220.2M231.2M
End Period Cash Flow184.4M244.3M180.6M140.2M161.2M86.5M
Net Borrowings(201.8M)542.8M551.5M25.5M29.3M27.8M
Change To Netincome156.7M(654.2M)(610.3M)(38.5M)(34.6M)(36.3M)
Change To Inventory262K836K2.4M5.1M5.8M6.1M

Golub Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Golub Capital's current stock value. Our valuation model uses many indicators to compare Golub Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Golub Capital competition to find correlations between indicators driving Golub Capital's intrinsic value. More Info.
Golub Capital BDC is one of the top stocks in price to book category among related companies. It is one of the top stocks in return on asset category among related companies reporting about  0.05  of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for Golub Capital BDC is roughly  20.43 . As of March 18, 2024, Return On Assets is expected to decline to 0.04. Comparative valuation analysis is a catch-all model that can be used if you cannot value Golub Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Golub Capital's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Golub Capital's earnings, one of the primary drivers of an investment's value.

Golub Capital BDC Systematic Risk

Golub Capital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Golub Capital volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Golub Capital BDC correlated with the market. If Beta is less than 0 Golub Capital generally moves in the opposite direction as compared to the market. If Golub Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Golub Capital BDC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Golub Capital is generally in the same direction as the market. If Beta > 1 Golub Capital moves generally in the same direction as, but more than the movement of the benchmark.

About Golub Capital Financials

What exactly are Golub Capital Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Golub Capital's income statement, its balance sheet, and the statement of cash flows. Potential Golub Capital investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Golub Capital investors may use each financial statement separately, they are all related. The changes in Golub Capital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Golub Capital's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Golub Capital Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Golub Capital is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Golub has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Golub Capital's financials are consistent with your investment objective using the following steps:
  • Review Golub Capital's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Golub Capital's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Golub Capital's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Golub Capital's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Golub Capital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Golub Capital's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Golub Capital growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.12

At present, Golub Capital's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Golub Capital March 18, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Golub Capital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Golub Capital BDC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Golub Capital BDC based on widely used predictive technical indicators. In general, we focus on analyzing Golub Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Golub Capital's daily price indicators and compare them against related drivers.
When determining whether Golub Capital BDC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golub Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golub Capital Bdc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golub Capital Bdc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golub Capital BDC. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Golub Capital BDC information on this page should be used as a complementary analysis to other Golub Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Golub Stock analysis

When running Golub Capital's price analysis, check to measure Golub Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golub Capital is operating at the current time. Most of Golub Capital's value examination focuses on studying past and present price action to predict the probability of Golub Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golub Capital's price. Additionally, you may evaluate how the addition of Golub Capital to your portfolios can decrease your overall portfolio volatility.
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Is Golub Capital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golub Capital. If investors know Golub will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golub Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.984
Dividend Share
1.4
Earnings Share
1.82
Revenue Per Share
3.711
Quarterly Revenue Growth
0.204
The market value of Golub Capital BDC is measured differently than its book value, which is the value of Golub that is recorded on the company's balance sheet. Investors also form their own opinion of Golub Capital's value that differs from its market value or its book value, called intrinsic value, which is Golub Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golub Capital's market value can be influenced by many factors that don't directly affect Golub Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golub Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golub Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golub Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.