📊 CGBD Key Takeaways
Investment Thesis
Carlyle Secured Lending exhibits concerning fundamental deterioration with negative free cash flow of -$204.6M and declining diluted EPS (-36.1% YoY), indicating the company is consuming capital despite modest net income growth. The high leverage ratio (1.31x Debt/Equity) combined with substantial long-term debt ($1.5B) and weak cash generation raises solvency concerns for a secured lending business model.
CGBD Strengths
- Positive net income of $70.0M with modest 1.2% YoY growth
- Moderate ROA of 2.5% demonstrates some asset productivity
- Stable equity base of $1.2B provides capital cushion
- Recent insider activity (3 Form 4 filings) suggests management engagement
CGBD Risks
- Severe negative free cash flow of -$204.6M indicates unsustainable cash burn
- Diluted EPS collapsed 36.1% YoY, signaling deteriorating per-share economics
- High leverage (1.31x Debt/Equity) with $1.5B long-term debt limits financial flexibility
- Negative operating cash flow of -$204.6M suggests core business is not generating cash
- Low ROE of 6.0% is weak for a lending business and indicates inefficient equity deployment
Key Metrics to Watch
- Operating cash flow trend and path to positive cash generation
- Debt/Equity ratio management and refinancing capability
- Diluted EPS recovery and sustainability of net income
- Loan portfolio quality and impairment trends
- Interest coverage ratio when disclosed
CGBD Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
CGBD Profitability Ratios
CGBD vs Default Sector
How Carlyle Secured Lending, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CGBD Balance Sheet & Liquidity
CGBD 5-Year Financial Trend
5-Year Trend Summary: Carlyle Secured Lending, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $1.64 reflects profitable operations.
CGBD Growth Metrics (YoY)
CGBD Capital Allocation
CGBD SEC Filings
Access official SEC EDGAR filings for Carlyle Secured Lending, Inc. (CIK: 0001544206)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CGBD
What is the AI rating for CGBD?
Carlyle Secured Lending, Inc. (CGBD) has an AI rating of SELL with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CGBD's key strengths?
Positive net income of $70.0M with modest 1.2% YoY growth. Moderate ROA of 2.5% demonstrates some asset productivity.
What are the risks of investing in CGBD?
Severe negative free cash flow of -$204.6M indicates unsustainable cash burn. Diluted EPS collapsed 36.1% YoY, signaling deteriorating per-share economics.
What is CGBD's revenue and growth?
Carlyle Secured Lending, Inc. reported revenue of N/A.
Does CGBD pay dividends?
Carlyle Secured Lending, Inc. pays dividends, with $104.0M distributed to shareholders in the trailing twelve months.
Where can I find CGBD SEC filings?
Official SEC filings for Carlyle Secured Lending, Inc. (CIK: 0001544206) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CGBD's EPS?
Carlyle Secured Lending, Inc. has a diluted EPS of $1.01.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.