Goldman Sachs BDC, Inc. has announced that it will report its financial results for the second quarter ended June 30, 2024, after the market closes on Thursday, August 8, 2024. The company will also host an earnings conference call on Friday, August 9, 2024, at 9:00 am Eastern Time to discuss its financial results.
In the previous quarter, Goldman Sachs BDC reported total investment income of $60.3 million, net investment income of $26.7 million, and net increase in net assets resulting from operations of $27.4 million. The company's net asset value per share was $16.50 as of the end of the last quarter.
Goldman Sachs BDC focuses on investing primarily in middle-market companies in the United States. As of the last quarter, the company's total investment portfolio was valued at $1.97 billion, comprising of 107 active portfolio companies.
The company's weighted average yield on debt investments at fair value was 10.5% in the previous quarter, with 92% of the debt portfolio at fair value on a floating-rate basis. Additionally, Goldman Sachs BDC had $777.5 million in debt outstanding under its credit facilities as of the end of the last quarter.
Investors and analysts are keen to see how these figures have changed in the second quarter, particularly in terms of investment income, net investment income, net asset value, and the composition and performance of the investment portfolio. The upcoming conference call is expected to provide further insights into the company's financial performance and investment activities during the second quarter of 2024. The market has reacted to these announcements by moving the company's shares -0.5% to a price of $15.51. For more information, read the company's full 8-K submission here.
