OFS Capital
| Basis | Payout | Why |
|---|---|---|
| GAAP earnings | negative | whyLost $2.47 per share — no earnings to pay from. |
| Net investment income | 128.7% | whyWhat actually funds a BDC distribution. |
Operating and free cash flow are omitted deliberately. A BDC funds distributions from net investment income; its cash flow statement reflects portfolio purchases and sales.
Coverage rating 33 / 100 — Strained. ? Peer standing · not rankedDirection 0/30Stability 17/20
Net investment income payout, last 6 years
| Fiscal year | Payout |
|---|---|
| 2025-12-31 | 128.7% |
| 2024-12-31 | 109.0% |
| 2023-12-31 | 89.1% |
| 2022-12-31 | 84.8% |
| 2021-12-31 | 90.8% |
| 2020-12-31 | 93.7% |
Coverage has deteriorated three years running — 84.8% to 128.7% — and the dividend now exceeds what the basis that applies can fund.
The arithmetic
- GAAP earnings — dividends declared per share $1.19 ÷ diluted EPS $-2.47
Where the figures came from
- 10-K filed 2026-03-03 · accession 0001487918-26-000021
Every one is public at sec.gov and free to check. That is the point — you should not have to take our word for any of it.
Caveats on this company
- DPS derived from dividends paid ($1.19); no per-share tag filed
Computed by an open pipeline reading SEC XBRL directly. If any number here looks wrong to you, tell us — that is more useful to us than agreement.
What the net investment income payout ratio measures, and where every company here sits on it.
Who else looks like this
Every figure above is computed from OFS Capital’s own filing, and every company here is measured the same way. Screen all of them on any of these twelve measures, or on the rules two investors published — free, and nothing you screen leaves your browser.