TSLX Sixth Street Specialty Lending Inc

  1. Stocks
  2. Financial Services
  3. NYSE: TSLX

Price (delayed)

$17.66

Market cap

$1.68B

P/E Ratio

15.49

Dividend/share

$1.99

EPS

$1.14

Enterprise value

$3.45B

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Relative Growth: Rel. Growth: 27
Relative Strength: Rel. Strength: 22
Relative Valuation: Rel. Valuation: 56
Relative Profitability: Rel. Profitability: 68

Sixth Street Specialty Lending, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income primarily in U.S.-domiciled middle-market companies through direct ...

Highlights
The debt is up by 3.5% from the previous quarter but it is down by 2.2% YoY
The P/E is 49% above the 5-year quarterly average of 10.2 and 18% above the last 4 quarters average of 12.8
TSLX's EPS is down by 40% year-on-year and by 37% since the previous quarter
Sector: Financial Services
Industry: Asset Management
Website: http://www.sixthstreetspecialtylending.com
Peers: OCSL OFS

Key stats

What are the main financial stats of TSLX

TSLX stock price

How has the Sixth Street Specialty Lending stock price performed over time
Intraday
2.26%
1 week
1.79%
1 month
-10.63%
1 year
-23.91%
YTD
-18.69%
QTD
-3.92%

Financial performance

How have Sixth Street Specialty Lending's revenue and profit performed over time
Revenue
$426.1M
Gross profit
$336.6M
Operating income
$321.88M
Net income
$107.54M
Gross margin
79%
Net margin
25.2%
The company's net income fell by 39% YoY and by 37% QoQ
The net margin is down by 34% from the previous quarter and by 31% YoY
TSLX's operating income is down by 15% year-on-year and by 7% since the previous quarter
The gross profit has decreased by 14% YoY and by 6% from the previous quarter

Price vs fundamentals

How does TSLX's price correlate with its fundamentals

Growth

What is Sixth Street Specialty Lending's growth rate over time

Valuation

What is Sixth Street Specialty Lending stock price valuation
TSLX P/E details
P/E
15.49
P/B
1.08
P/S
3.93
EV/EBIT
14.51
EV/EBITDA
14.51
EV/Sales
8.1
The P/E is 49% above the 5-year quarterly average of 10.2 and 18% above the last 4 quarters average of 12.8
TSLX's EPS is down by 40% year-on-year and by 37% since the previous quarter
TSLX's price to book (P/B) is 18% lower than its last 4 quarters average of 1.3 and 12% lower than its 5-year quarterly average of 1.2
The company's equity fell by 4% QoQ and by 3.7% YoY
The P/S is 18% less than the 5-year quarterly average of 4.7 and 15% less than the last 4 quarters average of 4.5
The revenue has declined by 11% year-on-year and by 5% since the previous quarter

Efficiency

How efficient is Sixth Street Specialty Lending business performance
The ROE has contracted by 39% YoY and by 37% from the previous quarter
Sixth Street Specialty Lending's return on assets has decreased by 38% YoY and by 37% QoQ
The ROIC has contracted by 27% YoY and by 22% from the previous quarter
TSLX's return on sales is down by 19% year-on-year and by 18% since the previous quarter

Dividends

What is TSLX's dividend history
Dividend details
DPS
$1.99
Dividend yield
11.27%
Payout ratio
174.6%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Sixth Street Specialty Lending financials performed over time
The total assets is 83% more than the total liabilities
The total assets has contracted by 3% YoY
Sixth Street Specialty Lending's total liabilities has decreased by 2.5% YoY but it has increased by 2% QoQ
The debt is 17% more than the equity
The debt to equity is up by 8% since the previous quarter
The company's equity fell by 4% QoQ and by 3.7% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.