Golub Capital Bdc annual net debt
2021
2022
2023
2024
2025
Golub Capital Bdc Net Debt Growth & History (GBDC)
Golub Capital Bdc's net debt was $4.89B for fiscal 2025.
View full Golub Capital Bdc company overviewGolub Capital Bdc annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $4.89B | $412.5M | +9.22% |
| 2024 | 2024-09-30 | $4.48B | $1.42B | +46.66% |
| 2023 | 2023-09-30 | $3.05B | $93.0M | +3.14% |
| 2022 | 2022-09-30 | $2.96B | $583.3M | +24.55% |
| 2021 | 2021-09-30 | $2.38B | — | — |
Golub Capital Bdc 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
Q3.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $4.47B | −$568.4M | −11.29% |
| Q2 2026 | 2026-03-31 | $4.57B | −$136.5M | −2.90% |
| Q1 2026 | 2025-12-31 | $4.72B | −$68.4M | −1.43% |
| Q4 2025 | 2025-09-30 | $4.89B | $412.5M | +9.22% |
| Q3 2025 | 2025-06-30 | $5.04B | $861.0M | +20.63% |
| Q2 2025 | 2025-03-31 | $4.70B | $1.73B | +58.16% |
| Q1 2025 | 2024-12-31 | $4.79B | $1.79B | +59.86% |
| Q4 2024 | 2024-09-30 | $4.48B | $1.42B | +46.66% |
| Q3 2024 | 2024-06-30 | $4.17B | $1.11B | +36.12% |
| Q2 2024 | 2024-03-31 | $2.97B | −$46.8M | −1.55% |
| Q1 2024 | 2023-12-31 | $2.99B | $6.6M | +0.22% |
| Q4 2023 | 2023-09-30 | $3.05B | $93.0M | +3.14% |
| Q3 2023 | 2023-06-30 | $3.07B | — | — |
| Q2 2023 | 2023-03-31 | $3.02B | — | — |
| Q1 2023 | 2022-12-31 | $2.99B | — | — |
| Q4 2022 | 2022-09-30 | $2.96B | $583.3M | +24.55% |
| Q4 2021 | 2021-09-30 | $2.38B | — | — |
Golub Capital Bdc net debt trends
Between the periods ended 2021-09-30 and 2025-09-30, Golub Capital Bdc's net debt increased from $2.38B to $4.89B, a change of $2.51B. The latest reported quarter, Q3 2026, shows $4.47B.
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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