Carlyle Secured Lending annual net debt
2021
2022
2023
2024
2025
Carlyle Secured Lending Net Debt Growth & History (CGBD)
Carlyle Secured Lending's net debt was $1.45B for fiscal 2025.
View full Carlyle Secured Lending company overviewCarlyle Secured Lending annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.45B | $550.3M | +60.85% |
| 2024 | 2024-12-31 | $904.4M | −$15.4M | −1.67% |
| 2023 | 2023-12-31 | $919.7M | −$127.0M | −12.13% |
| 2022 | 2022-12-31 | $1.05B | $95.7M | +10.07% |
| 2021 | 2021-12-31 | $950.9M | — | — |
Carlyle Secured Lending quarterly net debt
Q4.21
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.24B | −$18.8M | −1.49% |
| Q1 2026 | 2026-03-31 | $1.28B | $286.0M | +28.71% |
| Q4 2025 | 2025-12-31 | $1.45B | $550.3M | +60.85% |
| Q3 2025 | 2025-09-30 | $1.25B | $474.6M | +60.87% |
| Q2 2025 | 2025-06-30 | $1.26B | $446.4M | +54.85% |
| Q1 2025 | 2025-03-31 | $996.3M | $136.0M | +15.81% |
| Q4 2024 | 2024-12-31 | $904.4M | −$15.4M | −1.67% |
| Q3 2024 | 2024-09-30 | $779.8M | −$168.2M | −17.75% |
| Q2 2024 | 2024-06-30 | $813.9M | −$169.2M | −17.21% |
| Q1 2024 | 2024-03-31 | $860.3M | −$189.6M | −18.06% |
| Q4 2023 | 2023-12-31 | $919.7M | −$127.0M | −12.13% |
| Q3 2023 | 2023-09-30 | $948.1M | — | — |
| Q2 2023 | 2023-06-30 | $983.0M | — | — |
| Q1 2023 | 2023-03-31 | $1.05B | — | — |
| Q4 2022 | 2022-12-31 | $1.05B | $95.7M | +10.07% |
| Q4 2021 | 2021-12-31 | $950.9M | — | — |
Carlyle Secured Lending net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Carlyle Secured Lending's net debt increased from $950.9M to $1.45B, a change of $503.8M. The latest reported quarter, Q2 2026, shows $1.24B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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