Financial Performance - Net investment income per share for Q3 2024 was 0.57, resulting in an annualized net investment income yield of 16.8%[2] - Total investment income for Q3 2024 was 108.6 million in Q2 2024, attributed to higher levels of new originations[4] - The company reported net investment income after taxes of 72,949 for the same period in 2023, reflecting a decrease of approximately 10.5%[16] - Total investment income for the three months ended September 30, 2024, was 120,056 in the same period of 2023[16] - Basic and diluted net investment income per share was 0.67 in the previous period[17] - Basic and diluted earnings (loss) per share was 0.47 in the previous period[17] Investment and Debt - Total investments at fair value and commitments as of September 30, 2024, were 1,887.8 million total debt outstanding was unsecured[2] - Total debt outstanding as of September 30, 2024, was 1,826,794 as of December 31, 2023[14] - The total liabilities increased to 1,920,994 as of December 31, 2023[14] Asset Valuation - The net asset value (NAV) per share decreased by 1.0% to 13.67 as of June 30, 2024[2] - The net asset value per share decreased to 14.62 at the end of 2023[14] - Investments on non-accrual status represented 2.2% of the total investment portfolio at fair value as of September 30, 2024[8] Dividends - The company declared a regular fourth quarter 2024 dividend of 0.45 per share, payable on January 27, 2025, to stockholders of record as of December 31, 2024[12] Operational Metrics - Gross originations during the quarter were approximately (69.4) million[2] - The company's ending net debt-to-equity ratio improved to 1.16x as of September 30, 2024, down from 1.19x as of June 30, 2024[2] - The weighted average net debt to EBITDA ratio for portfolio companies was not specified but is calculated based on fair value of debt investments[12] Market and Management - The company primarily invests in middle-market companies in the United States through secured and unsecured debt[18] - The company is externally managed by Goldman Sachs Asset Management, L.P.[18] - Forward-looking statements indicate potential risks and uncertainties that could materially affect actual results[19] - Investor contact for inquiries is Austin Neri at 212-902-1000[20] Gains and Losses - Net realized and unrealized gains (losses) totaled (21,292,000) in the previous period[17] - Net change in unrealized appreciation (depreciation) from non-controlled/non-affiliated investments was (17,813,000) in the previous period[17] - Net increase in net assets from operations was 51,595,000 in the previous period[17] Share Metrics - Weighted average shares outstanding increased to 116,942,390 from 109,535,156 in the previous period[17] - The company had an investment of $1.5 million in a money market fund as of September 30, 2024[12]
Goldman Sachs BDC(GSBD) - 2024 Q3 - Quarterly Results