📊 FSK Key Takeaways
Is FSK a Good Investment? Thesis Analysis
FS KKR Capital Corp is a BDC (Business Development Company) with a substantial asset base of $13.7B and positive operating cash flow of $592M, but fundamentals show significant deterioration with net income collapsing 98.1% YoY and minimal profitability metrics (ROE 0.2%, ROA 0.1%). The high leverage ratio of 1.31x debt-to-equity combined with $7.6B in long-term debt raises concerns about financial stability during economic downturns.
Why Buy FSK? Key Strengths
- Strong asset base of $13.7B with significant scale in BDC operations
- Positive operating cash flow of $592M demonstrates cash generation capability
- Adequate liquidity with $208M cash on hand relative to asset portfolio
- Diversified investment portfolio typical of BDC business model
FSK Investment Risks to Consider
- Severe profitability decline with net income down 98.1% YoY indicates portfolio stress or mark-to-market losses
- Extremely low returns on equity (0.2%) and assets (0.1%) suggest inefficient capital deployment
- High leverage at 1.31x debt-to-equity with $7.6B long-term debt exposure to interest rate and credit risks
- Data quality constraints limit deeper analysis of operating margins and underlying business performance
- Minimal insider activity (only 2 Form 4 filings) provides limited confidence signals from management
Key Metrics to Watch
- Net interest income and realized gains/losses (core BDC earnings drivers)
- Portfolio company defaults and mark-to-market adjustments
- Debt refinancing needs and cost of capital trends
- Net Asset Value (NAV) per share movements
- Dividend sustainability and coverage ratios
FSK Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
FSK Profitability Ratios
FSK vs Default Sector
How FS KKR Capital Corp compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is FSK Overvalued or Undervalued?
Based on fundamental analysis, FS KKR Capital Corp shows some fundamental concerns relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
FSK Balance Sheet & Liquidity
FSK 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: FS KKR Capital Corp's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $2.48 reflects profitable operations.
FSK Growth Metrics (YoY)
FSK Capital Allocation
FSK SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for FS KKR Capital Corp (CIK: 0001422183)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FSK
What is the AI rating for FSK?
FS KKR Capital Corp (FSK) has an AI rating of HOLD with 45% confidence, based on fundamental analysis of SEC EDGAR filings.
What are FSK's key strengths?
Claude: Strong asset base of $13.7B with significant scale in BDC operations. Positive operating cash flow of $592M demonstrates cash generation capability.
What are the risks of investing in FSK?
Claude: Severe profitability decline with net income down 98.1% YoY indicates portfolio stress or mark-to-market losses. Extremely low returns on equity (0.2%) and assets (0.1%) suggest inefficient capital deployment.
What is FSK's revenue and growth?
FS KKR Capital Corp reported revenue of N/A.
Does FSK pay dividends?
FS KKR Capital Corp pays dividends, with $784.0M distributed to shareholders in the trailing twelve months.
Where can I find FSK SEC filings?
Official SEC filings for FS KKR Capital Corp (CIK: 0001422183) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FSK's EPS?
FS KKR Capital Corp has a diluted EPS of $0.04.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is FSK a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, FS KKR Capital Corp has a HOLD rating with 45% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FSK stock overvalued or undervalued?
Valuation metrics for FSK: ROE of 0.2% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy FSK stock in 2026?
Our dual AI analysis gives FS KKR Capital Corp a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FSK's free cash flow?
FS KKR Capital Corp's operating cash flow is $592.0M, with capital expenditures of N/A.
How does FSK compare to other Default stocks?
Vs Default sector averages: Net margin N/A (avg: 12%), ROE 0.2% (avg: 15%), current ratio N/A (avg: 1.8).