Sixth Street Specialty Lending Inc
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- Market Cap.:
- $1.79 billion
- Book Value:
- Revenue TTM:
- $382.10 million
- Operating Margin TTM:
- Gross Profit TTM:
- $309.31 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Sixth Street Specialty Lending Inc had its IPO on 2014-03-21 under the ticker symbol TSLX.
The company operates in the Financial Services sector and Asset Management industry. Sixth Street Specialty Lending Inc has a staff strength of 0 employees.
Shares of Sixth Street Specialty Lending Inc opened at $20.51 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $20.47 - $20.6, and closed at $20.5.
This is a +0.05% increase from the previous day's closing price.
A total volume of 470,049 shares were traded at the close of the day’s session.
In the last one week, shares of Sixth Street Specialty Lending Inc have increased by +1.13%.
Sixth Street Specialty Lending Inc's Key Ratios
Sixth Street Specialty Lending Inc has a market cap of $1.79 billion, indicating a price to book ratio of 1.0793 and a price to sales ratio of 4.8763.
In the last 12-months Sixth Street Specialty Lending Inc’s revenue was $382.10 million with a gross profit of $309.31 million and an EBITDA of $0. The EBITDA ratio measures Sixth Street Specialty Lending Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Sixth Street Specialty Lending Inc’s operating margin was 75.03% while its return on assets stood at 6.26% with a return of equity of 13.82%.
In Q2, Sixth Street Specialty Lending Inc’s quarterly earnings growth was a positive 26.5% while revenue growth was a positive 68.4%.
Sixth Street Specialty Lending Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $2.3 per share while it has a forward price to earnings multiple of 8.3472 and a PEG multiple of 1.2745. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sixth Street Specialty Lending Inc’s profitability.
Sixth Street Specialty Lending Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 4.8763.
Sixth Street Specialty Lending Inc stock pays annual dividends of $1.92 per share, indicating a yield of 9.86% and a payout ratio of 45.27%.
Balance sheet and cash flow metrics
- Total Assets
- $3.14 billion
- Total Liabilities
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Sixth Street Specialty Lending Inc ended 2023 with $3.14 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.14 billion while shareholder equity stood at $1.46 billion.
Sixth Street Specialty Lending Inc ended 2023 with $0 in deferred long-term liabilities, $0 in other current liabilities, 879000.00 in common stock, $74.70 million in retained earnings and $0 in goodwill. Its cash balance stood at $10.74 million and cash and short-term investments were $25.86 billion. The company’s total short-term debt was $0 while long-term debt stood at $0.
Sixth Street Specialty Lending Inc’s total current assets stands at $49.09 billion while long-term investments were $3.09 billion and short-term investments were $3,085.90 billion. Its net receivables were $23.24 million compared to accounts payable of $0 and inventory worth $0.
In 2023, Sixth Street Specialty Lending Inc's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Sixth Street Specialty Lending Inc paid $0.45 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Sixth Street Specialty Lending Inc stock is currently trading at $20.5 per share. It touched a 52-week high of $20.9076 and a 52-week low of $20.9076. Analysts tracking the stock have a 12-month average target price of $21.45.
Its 50-day moving average was $19.81 and 200-day moving average was $18.1 The short ratio stood at 3.48 indicating a short percent outstanding of 0%.
Around 42.5% of the company’s stock are held by insiders while 4053.2% are held by institutions.
Frequently Asked Questions About Sixth Street Specialty Lending Inc
Similar Industry Stocks (Asset Management)
Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund invests in business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It seeks to finance and lending to middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.