Morgan Stanley Direct Lending Fund (MSDL) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

Morgan Stanley Direct Lending Fund (MSDL) quarterly balance sheet — complete assets, liabilities & equity history

Quarterly statement

MSDL Balance Sheet

Morgan Stanley Direct Lending Fund (MSDL) balance sheet — 6-year assets, liabilities & shareholders' equity history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Cash & Short Term Investments	92.93M	80.17M	96.69M	81.43M	75.52M	75.81M	65.58M	70.37M	90.43M	92.97M	64.76M	69.7M	88.08M	52.85M	99.61M	81.22M	59.9M	80.85M	38.86M	74.15M
Cash & Due from Banks	92.93M	65.82M	96.69M	81.43M	65.47M	75.81M	65.58M	70.37M	90.43M	92.97M	64.76M	69.7M	88.08M	52.85M	99.61M	81.22M	59.9M	80.85M	38.86M	74.15M
Short Term Investments	0	14.36M	0	0	10.05M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Investments	3.43B	3.57B	0	3.77B	3.79B	0	0	0	0	0	0	3.19B	0	0	0	0	0	0	0	0
Investments Growth %	-9.36%	-	-	-	-	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-	-
Long-Term Investments	0	3.55B	0	3.77B	3.78B	0	0	0	0	0	0	3.19B	0	0	0	0	0	0	0	0
Accounts Receivables	0	0	0	26.42M	29.89M	25.43M	27.3M	31.02M	33.66M	27.73M	29.69M	29.1M	26.2M	24.14M	22.61M	23.66M	63.25M	14.34M	12.35M	19.89M
Goodwill & Intangibles	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	19.3M	3.73B	40.7M	36.23M	3.82B	3.82B	3.81B	3.67B	3.54B	3.31B	0	3.16B	2.99B	2.94B	2.88B	2.76B	2.69B	2.55B	2.4B
Total Current Assets	120.63M	134.09M	96.69M	107.86M	120.25M	101.24M	92.88M	101.4M	124.09M	120.7M	94.45M	3.41B	114.28M	76.99M	122.22M	104.87M	123.15M	95.19M	51.21M	94.04M
Total Non-Current Assets	0	3.57B	3.73B	3.81B	3.81B	3.82B	3.82B	3.81B	3.67B	3.54B	3.31B	6.5B	3.16B	2.99B	2.94B	2.88B	2.76B	2.69B	2.55B	2.4B
Total Assets	3.59B	3.71B	3.82B	3.92B	3.93B	3.92B	3.91B	3.91B	3.79B	3.66B	3.4B	3.31B	3.28B	3.07B	3.06B	2.99B	2.88B	2.79B	2.6B	2.49B
Asset Growth %	-8.75%	-5.38%	-2.23%	0.21%	3.66%	7.28%	15.02%	18.3%	15.76%	19.04%	11.17%	10.74%	13.83%	10.2%	17.83%	19.77%	56.73%	99.99%	153.6%	279.61%
Return on Assets (ROA)	1.12%	0.21%	-0.12%	0.73%	0.7%	0.92%	0.76%	1.34%	1.43%	1.67%	1.54%	1.74%	2.31%	1.84%	1.45%	0.69%	0.33%	-0.12%	0.87%	1.22%
Accounts Payable	0	0	63.34M	64.17M	65.66M	59.79M	62.56M	74.63M	76.92M	96.84M	56.38M	68.8M	52.14M	59.98M	44.98M	50.08M	39.19M	54.14M	32.65M	32.97M
Total Debt	0	1.98B	2.05B	2.09B	2.07B	2.05B	2.01B	1.97B	1.84B	1.66B	1.49B	1.5B	1.72B	1.55B	1.58B	1.52B	1.51B	1.48B	1.36B	1.25B
Net Debt	-92.93M	1.92B	1.96B	2.01B	2.01B	1.97B	1.94B	1.9B	1.75B	1.57B	1.42B	1.43B	1.63B	1.5B	1.48B	1.44B	1.45B	1.4B	1.32B	1.18B
Long-Term Debt	0	1.98B	2.05B	2.09B	2.07B	2.05B	2.01B	1.97B	1.84B	1.66B	1.49B	1.5B	1.72B	1.55B	1.58B	1.52B	1.51B	1.48B	1.36B	1.25B
Short-Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	0	0	2.63M	4.2M	3.53M	21.54M	22.85M	21.76M	21.16M	32.68M	21.28M	-1.5B	24.88M	16.49M	15.98M	15.27M	25.44M	15.18M	17.12M	21.86M
Total Current Liabilities	0	81.33M	78.65M	81.14M	84.74M	59.79M	62.56M	74.63M	76.92M	96.84M	56.38M	85.45M	52.14M	59.98M	44.98M	50.08M	39.19M	54.14M	32.65M	32.97M
Total Non-Current Liabilities	0	1.98B	2.06B	2.09B	2.08B	2.07B	2.03B	2B	1.86B	1.7B	1.51B	1.59B	1.74B	1.57B	1.6B	1.54B	1.53B	1.49B	1.37B	1.27B
Total Liabilities	2.02B	2.06B	2.13B	2.17B	2.16B	2.13B	2.09B	2.07B	1.94B	1.79B	1.56B	1.59B	1.8B	1.63B	1.65B	1.59B	1.57B	1.55B	1.41B	1.3B
Total Equity	1.57B	1.65B	1.69B	1.75B	1.77B	1.79B	1.82B	1.84B	1.85B	1.86B	1.84B	1.72B	1.48B	1.44B	1.41B	1.4B	1.31B	1.24B	1.19B	1.19B
Equity Growth %	-11.37%	-7.96%	-7.01%	-5.11%	-4.43%	-3.85%	-1.05%	7.03%	25.13%	29.3%	29.86%	23.18%	13.34%	16.05%	18.78%	17.56%	74.48%	109.12%	205.2%	294.07%
Equity / Assets (Capital Ratio)	43.76%	44.41%	44.2%	44.59%	45.05%	45.65%	46.47%	47.09%	48.87%	50.93%	54.01%	52.05%	45.21%	46.89%	46.23%	46.79%	45.41%	44.52%	45.86%	47.67%
Return on Equity (ROE)	2.55%	0.47%	-0.26%	1.63%	1.55%	2%	1.62%	2.79%	2.86%	3.19%	2.91%	3.58%	5.03%	3.95%	3.11%	1.49%	0.74%	-0.27%	1.87%	2.73%
Book Value per Share	18.69	19.44	19.71	20.03	20.40	20.53	20.56	20.64	20.77	20.86	21.03	20.99	16.78	16.31	16.02	18.34	14.81	14.06	13.49	13.46
Tangible BV per Share	18.69	19.44	19.71	20.03	20.40	20.53	20.56	20.64	20.77	20.86	21.03	20.99	16.78	16.31	16.02	18.34	14.81	14.06	13.49	13.46
Common Stock	84K	85K	85K	86K	87K	87K	88K	89K	89K	89K	89K	83K	72K	71K	71K	71K	65K	61K	57K	57K
Additional Paid-in Capital	0	1.74B	1.75B	1.77B	1.78B	1.78B	1.8B	1.81B	1.82B	1.83B	1.82B	1.71B	1.48B	1.47B	1.46B	1.45B	1.35B	1.26B	1.18B	1.17B
Retained Earnings	0	-92.63M	-62.53M	-19.62M	-7.91M	7.9M	15.28M	29.62M	29.8M	30.04M	15.7M	8.46M	-475K	-30.67M	-46.38M	-54.78M	-42.46M	-21.29M	10.57M	15.78M
Accumulated OCI	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0