BlackRock TCP Capital annual net debt
2021
2022
2023
2024
2025
BlackRock TCP Capital Net Debt Growth & History (TCPC)
BlackRock TCP Capital's net debt was $974.5M for fiscal 2025.
View full BlackRock TCP Capital company overviewBlackRock TCP Capital annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $974.5M | −$52.3M | −5.09% |
| 2024 | 2024-12-31 | $1.03B | $153.8M | +17.62% |
| 2023 | 2023-12-31 | $873.0M | $11.4M | +1.32% |
| 2022 | 2022-12-31 | $861.6M | −$131.3M | −13.23% |
| 2021 | 2021-12-31 | $992.9M | — | — |
BlackRock TCP Capital quarterly net debt
Q4.21
Q3.22
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 | $753.0M | −$314.3M | −29.45% |
| Q1 2026 | 2026-03-31 | $832.6M | −$167.2M | −16.72% |
| Q4 2025 | 2025-12-31 | $974.5M | −$52.3M | −5.09% |
| Q3 2025 | 2025-09-30 | $990.6M | −$65.2M | −6.18% |
| Q2 2025 | 2025-06-30 | $1.07B | −$58.3M | −5.18% |
| Q1 2025 | 2025-03-31 | $999.8M | −$182.5M | −15.43% |
| Q4 2024 | 2024-12-31 | $1.03B | $153.8M | +17.62% |
| Q3 2024 | 2024-09-30 | $1.06B | $177.1M | +20.16% |
| Q2 2024 | 2024-06-30 | $1.13B | $227.6M | +25.35% |
| Q1 2024 | 2024-03-31 | $1.18B | $258.4M | +27.97% |
| Q4 2023 | 2023-12-31 | $873.0M | $11.4M | +1.32% |
| Q3 2023 | 2023-09-30 | $878.7M | $643,263 | +0.07% |
| Q2 2023 | 2023-06-30 | $898.0M | — | — |
| Q1 2023 | 2023-03-31 | $923.8M | — | — |
| Q4 2022 | 2022-12-31 | $861.6M | −$131.3M | −13.23% |
| Q3 2022 | 2022-09-30 | $878.1M | — | — |
| Q4 2021 | 2021-12-31 | $992.9M | — | — |
BlackRock TCP Capital net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, BlackRock TCP Capital's net debt decreased from $992.9M to $974.5M, a change of −$18.4M. The latest reported quarter, Q2 2026, shows $753.0M.
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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