Skip to content
To the full analysis

Sixth Street Specialty Lending stock: balance sheet and debt

TSLX
$17.56Closing price of 12 Nov 2026MEQIRI Score 51 out of 100

Sixth Street Specialty Lending has total assets of $3.42B and an equity ratio of 47%.

Daily figure as of 13 Nov 2026

Debt / Equity
1.08
Interest coverage
no data
Current ratio
0.11
Cash & equivalents
$2.94M
Total assets
$3.42B
Equity ratio
47%
Goodwill
not reported separately

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Total assets and equity ratio

How large the balance sheet of Sixth Street Specialty Lending, Inc. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratio
2011$332.25Mnot reported separatelynot reported separately52.1%
2012$833.15Mnot reported separatelynot reported separately57.6%
2013$1.04Bnot reported separatelynot reported separately55.3%
2014$1.3Bnot reported separatelynot reported separately64.1%
2015$1.51Bnot reported separatelynot reported separately54.5%
2016$1.68Bnot reported separatelynot reported separately56.8%
2017$1.72Bnot reported separatelynot reported separately56.3%
2018$1.73Bnot reported separatelynot reported separately61.4%
2019$2.28Bnot reported separatelynot reported separately49.1%
2020$2.34Bnot reported separatelynot reported separately49.7%
2021$2.55Bnot reported separatelynot reported separately50.0%
2022$2.84Bnot reported separatelynot reported separately47.3%
2023$3.34Bnot reported separatelynot reported separately44.8%
2024$3.58Bnot reported separatelynot reported separately44.9%
2025$3.42Bnot reported separatelynot reported separately47.0%

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is not shown for banks, insurers and other financial companies: for them, cash and bonds are part of the business and are not available to pay down debt.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Bonds and loans (excluding deposits)
Figures as a table
YearCash & equivalentsEquityBonds and loans (excluding deposits)Debt / Equity
2011no data$173.09M$155M0.9
2012no data$479.8M$331.84M0.69
2013$3.47M$574.7M$432.27M0.75
2014$2.41M$835.41M$395.86M0.47
2015$2.43M$820.74M$642.42M0.78
2016$4.87M$952.21M$680.71M0.71
2017$3.52M$969.28M$703.43M0.73
2018$3.27M$1.06B$608.01M0.57
2019$4.83M$1.12B$1.09B0.98
2020$2.46M$1.16B$1.11B0.96
2021$1.57M$1.28B$1.19B0.93
2022$10.21M$1.34B$1.44B1.07
2023$1.22M$1.5B$1.78B1.19
2024$4.97M$1.61B$1.9B1.18
2025$2.94M$1.61B$1.74B1.08

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 3 Nov 2026)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

MEQIRI counts visits without cookies. With your consent we remember for 90 days where you came from, also in your account, count page changes and time on page, recognise your next visit and load the Meta Pixel, which measures our advertising. You can withdraw your consent at any time under Cookie settings. Privacy