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Crescent Capital BDC, Inc. has submitted its 10-Q filing for the quarterly period ended September 30, 2024.
The filing includes consolidated financial statements, showing total assets of $1,645,049,000 and total liabilities of $896,242,000 as of September 30, 2024.
Net assets for the period were reported at $748,807,000, with a net asset value per share of $20.20.
The company reported total investment income of $51,632,000 for the three months ended September 30, 2024, compared to $48,152,000 for the same period in 2023.
Net investment income was $23,540,000 for the quarter, compared to $21,723,000 in the previous year.
Net realized and unrealized losses on investments amounted to $8,216,000 for the quarter, compared to a gain of $975,000 in the previous year.
Net increase in net assets resulting from operations was $15,268,000 for the three months ended September 30, 2024, compared to $22,621,000 in the previous year.
Cash and cash equivalents as of September 30, 2024, amounted to $17,086,000, with restricted cash of $20,751,000.
The filing also details various financial agreements and investments, including a significant portion in non-controlled non-affiliated investments valued at $1,492,347,000.
Crescent Capital BDC, Inc. maintains a diverse portfolio across multiple industries, with investments in sectors such as automobiles, capital goods, and consumer services.
The report includes disclosures about market risks, legal proceedings, and risk factors affecting the company's operations and financial results.
This content was summarized by generative artificial intelligence using public filings retrieved from SEC.gov. The original data was derived from the Crescent Capital BDC Inc. quarterly 10-Q report dated November 12, 2024. To report an error, please email earnings@qz.com.