Sixth Street Specialty Lending Debt-to-Assets Ratio Growth & History (TSLX)
Sixth Street Specialty Lending's debt-to-assets ratio was 0.51 for fiscal 2025.
View full Sixth Street Specialty Lending company overviewSixth Street Specialty Lending annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.51 | −0.02 | −4.00% |
| 2024 | 2024-12-31 | 0.53 | −0.00 | −0.32% |
| 2023 | 2023-12-31 | 0.53 | 0.02 | +4.76% |
| 2022 | 2022-12-31 | 0.51 | 0.04 | +9.35% |
| 2021 | 2021-12-31 | 0.46 | — | — |
Sixth Street Specialty Lending quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.54 | 0.04 | +7.48% |
| Q1 2026 | 2026-03-31 | 0.53 | 0.00 | +0.79% |
| Q4 2025 | 2025-12-31 | 0.51 | −0.02 | −4.00% |
| Q3 2025 | 2025-09-30 | 0.52 | −0.01 | −1.36% |
| Q2 2025 | 2025-06-30 | 0.51 | −0.00 | −0.06% |
| Q1 2025 | 2025-03-31 | 0.53 | 0.00 | +0.89% |
| Q4 2024 | 2024-12-31 | 0.53 | −0.00 | −0.32% |
| Q3 2024 | 2024-09-30 | 0.53 | 0.02 | +3.63% |
| Q2 2024 | 2024-06-30 | 0.51 | −0.01 | −2.14% |
| Q1 2024 | 2024-03-31 | 0.52 | −0.00 | −0.59% |
| Q4 2023 | 2023-12-31 | 0.53 | 0.02 | +4.76% |
| Q3 2023 | 2023-09-30 | 0.51 | 0.00 | +0.36% |
| Q2 2023 | 2023-06-30 | 0.52 | — | — |
| Q1 2023 | 2023-03-31 | 0.53 | — | — |
| Q4 2022 | 2022-12-31 | 0.51 | 0.04 | +9.35% |
| Q3 2022 | 2022-09-30 | 0.51 | — | — |
| Q4 2021 | 2021-12-31 | 0.46 | — | — |
Sixth Street Specialty Lending debt-to-assets ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Sixth Street Specialty Lending's debt-to-assets ratio increased from 0.46 to 0.51, a change of 0.04. The latest reported quarter, Q2 2026, shows 0.54.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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