Goldman Sachs BDC(US:GSBD)2025-11-07 14:00Financial Performance - The company's net investment income and adjusted net investment income per share for Q3 2025 was $040, resulting in an annualized net investment income yield on book value of 125%[11] - The company's earnings per share for Q3 2025 was $022[11] - The company's net asset value (NAV) per share decreased by 21% to $1275 as of September 30, 2025, from $1302 as of June 30, 2025[11] - The company declared a Q4 2025 base dividend of $032 per share[11] - The company also declared a Q3 2025 supplemental dividend of $004 per share[11] Portfolio Composition and Investment Activity - As of September 30, 2025, the company's total investments at fair value and commitments were $38332 million, invested in 171 portfolio companies across 40 industries, with 982% in senior secured debt, including 967% in first lien investments[11] - The company had new investment commitments of approximately $4706 million, of which $2669 million were funded[11] - Sales and repayments activity totaled $3744 million, resulting in net funded investment activity of $(598) million[11] - As of September 30, 2025, investments on non-accrual status amounted to 15% and 25% of the total investment portfolio at fair value and amortized cost, respectively[11] Debt and Leverage - The company's ending net debt-to-equity ratio was 117x as of September 30, 2025, compared to 112x as of June 30, 2025[11] - As of September 30, 2025, 702% of the company's approximately $18530 million aggregate principal amount of debt outstanding was comprised of unsecured debt and 298% was comprised of secured debt[11]