Prospect Capital Corporation (PSEC) Balance Sheet
PSEC balance sheet, FY2026
June 30, 2026 · U.S. dollars$6.45B assets = $1.95B liabilities + $4.50B equity
Both columns are drawn to the same scale: what PSEC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PSEC financial health
Current ratio0.11
Tight · current assets cover current liabilities 0.11×
Debt / equity0.41
Low leverage · $0.41 of debt for each $1 of equity
Equity / assets69.8%
Equity-funded · of assets funded by shareholders
Cash / debt2.3%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
PSEC balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $6.17BFY2017 | $6.45BFY2026 | +0.5%/yr | |
| Total liabilities | $2.82BFY2017 | $1.95BFY2026 | −4.0%/yr | |
| Shareholders’ equity | $3.35BFY2017 | $4.50BFY2026 | +3.3%/yr | |
| Cash & short-term investments | $318.1MFY2017 | $43.6MFY2026 | −19.8%/yr | |
| Total debt | $3.58BFY2017 | $1.86BFY2026 | −7.0%/yr | |
| Net cash (debt) | −$3.26BFY2017 | −$1.82BFY2026 | +$1.4B | |
| Working capital | −$58.1MFY2017 | −$335.3MFY2026 | −$277.2M | |
| Book value per share | $9.35FY2017 | $9.38FY2026 | +0.0%/yr | |
| Current ratio | 0.15FY2017 | 0.11FY2026 | −0.04 | |
| Debt / equity | 1.07FY2017 | 0.41FY2026 | −0.65 | |
| Shares outstanding | 358.8MFY2017 | 479.9MFY2026 | +3.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PSEC assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
PSEC liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
PSEC debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PSEC balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $43.6M | $46.5M | $81.9M | $90.6M | $31.2M | $63.6M | $44.6M | $107.1M | $83.8M | $318.1M |
| Cash & equivalents | $43.6M | $46.5M | $81.9M | $90.6M | $31.2M | $63.6M | $44.6M | $107.1M | $83.8M | $318.1M |
| Short-term investments | — | $1.40B | — | — | $7.58B | — | $164.2M | — | — | — |
| Receivables | $0 | $60.3M | $28.8M | $24.4M | $13.7M | $25.5M | $12.9M | $29.8M | $24.8M | $10.5M |
| Inventory | $0 | $0 | −$7.89B | $1 | $0 | $0 | $1 | $1 | −$5.92B | $1 |
| Other current assets | $0 | $0 | $7.86B | $0 | $0 | $1.1M | $1.2M | $0 | $5.84B | $0 |
| Total current assets | $43.6M | $48.0M | $83.1M | $91.7M | $32.2M | $90.2M | $58.7M | $136.9M | $24.8M | $10.5M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $6.36B | $6.67B | $7.72B | $7.72B | $7.60B | $6.20B | $5.23B | $5.65B | $5.73B | $5.84B |
| Other non-current assets | $43.6M | $83.4M | $55.8M | $45.0M | $28.7M | $11.1M | $9.1M | $9.6M | $86.8M | $324.0M |
| Total assets | $6.45B | $6.80B | $7.86B | $7.86B | $7.66B | $6.30B | $5.30B | $5.80B | $5.84B | $6.17B |
| Liabilities | ||||||||||
| Accounts payable | $32.2M | $44.0M | $47.1M | $53.7M | $50.3M | $50.7M | $51.5M | $56.1M | $55.6M | $68.6M |
| Short-term debt | $378.9M | $38.1M | $157.7M | $81.9M | $344.7M | $263.1M | $450.6M | $740.0M | $809.1M | $937.6M |
| Deferred revenue | — | — | −$4.73B | −$100.9M | — | −$212.4M | −$399.1M | −$683.9M | — | — |
| Total current liabilities | $378.9M | $94.0M | $121.4M | $119.7M | $110.7M | $50.7M | $51.5M | $56.1M | $55.6M | $68.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.38B | $2.31B | $2.64B |
| Other long-term liabilities | $1.57B | $3.72B | $4.02B | $4.01B | $3.43B | $2.31B | $2.19B | $0 | $120.0M | $175.6M |
| Total liabilities | $1.95B | $3.82B | $4.15B | $4.13B | $3.54B | $2.36B | $2.24B | $2.49B | $2.43B | $2.82B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $513,000 | $456,000 | $425,000 | $404,000 | $393,000 | $388,000 | $374,000 | $367,000 | $364,000 | $360,000 |
| Retained earnings (deficit) | −$1.39B | −$1.25B | −$436.3M | −$352.9M | $68.4M | −$210.6M | −$930.9M | −$734.0M | −$45.2M | −$54.0M |
| Accumulated other comprehensive income | $5.8M | — | $2.62B | −$1.42B | $68.4M | −$232.7M | −$1.02B | −$734.0M | $3.41B | $3.35B |
| Total shareholders' equity | $4.50B | $2.99B | $3.71B | $3.73B | $4.12B | $3.95B | $3.06B | $3.31B | $3.41B | $3.35B |
| Key figures | ||||||||||
| Total debt | $1.86B | $2.09B | $2.43B | $2.58B | $2.74B | $2.23B | $2.14B | $3.12B | $3.12B | $3.58B |
| Net cash (debt) | −$1.82B | −$2.04B | −$2.35B | −$2.49B | −$2.71B | −$2.17B | −$2.09B | −$3.02B | −$3.04B | −$3.26B |
| Working capital | −$335.3M | −$46.0M | −$38.4M | −$28.0M | −$78.5M | $39.5M | $7.2M | $80.8M | −$30.8M | −$58.1M |
| Tangible book value | $4.50B | $2.99B | $3.71B | $3.73B | $4.12B | $3.95B | $3.06B | $3.31B | $3.41B | $3.35B |
| Book value per share | $9.38 | $6.79 | $8.88 | $9.37 | $9.50 | $10.22 | $8.30 | $9.03 | $9.43 | $9.35 |
| Shares outstanding | 479.9M | 440.3M | 417.9M | 398.5M | 433.8M | 386.0M | 368.1M | 366.0M | 361.5M | 358.8M |
| Current ratio | 0.11 | 0.51 | 0.68 | 0.77 | 0.29 | 1.78 | 1.14 | 2.44 | 0.45 | 0.15 |
| Quick ratio | 0.11 | 1.14 | 0.91 | 0.96 | 0.41 | 1.76 | 1.12 | 2.44 | 1.95 | 4.79 |
| Debt / equity | 0.41 | 0.70 | 0.66 | 0.69 | 0.66 | 0.57 | 0.70 | 0.94 | 0.92 | 1.07 |
| Equity / assets | 69.8% | 43.9% | 47.2% | 47.5% | 53.8% | 62.6% | 57.7% | 57.0% | 58.4% | 54.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $43.6M | $34.6M | $34.5M | $83.1M | $46.5M | $52.2M | $58.3M | $54.3M | $81.9M | $48.9M | $93.0M | $64.3M |
| Cash & equivalents | $43.6M | $34.6M | $34.5M | $83.1M | $46.5M | $52.2M | $58.3M | $54.3M | $81.9M | $48.9M | $93.0M | $64.3M |
| Short-term investments | — | — | — | — | $1.40B | — | — | $2.7M | — | — | $4.3M | $4.6M |
| Receivables | $0 | $27.8M | $37.0M | $22.7M | $60.3M | $18.9M | $20.3M | $35.8M | $28.8M | $32.0M | $37.4M | $32.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $872,000 | $1.2M | $588,000 | $771,000 | $892,999 |
| Total current assets | $43.6M | $62.4M | $35.5M | $84.6M | $48.0M | $53.8M | $58.9M | $91.0M | $111.9M | $81.5M | $131.1M | $97.5M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $6.36B | $6.30B | $6.44B | $6.51B | $6.67B | $6.90B | $7.13B | $7.48B | $7.72B | $7.81B | $7.63B | $7.74B |
| Other non-current assets | $43.6M | $17.2M | $57.1M | $43.8M | $83.4M | $41.2M | $43.0M | $25.1M | $26.9M | $17.6M | $18.3M | $19.5M |
| Total assets | $6.45B | $6.38B | $6.53B | $6.64B | $6.80B | $7.00B | $7.23B | $7.59B | $7.86B | $7.91B | $7.78B | $7.85B |
| Liabilities | ||||||||||||
| Accounts payable | $32.2M | $40.6M | $45.6M | $41.4M | $44.0M | $42.2M | $43.3M | $48.1M | $47.1M | $45.9M | $55.0M | $45.1M |
| Short-term debt | $378.9M | $20.1M | $29.4M | — | $38.1M | — | $156.0M | $155.8M | $157.7M | $155.3M | $81.9M | $81.9M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | −$201.2M | — | — |
| Total current liabilities | $378.9M | $20.1M | $100.6M | $88.0M | $94.0M | $86.5M | $101.8M | $48.1M | $47.1M | $45.9M | $55.0M | $45.1M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1.57B | $1.80B | $3.48B | $3.55B | $3.72B | $3.66B | $3.69B | $4.03B | $4.10B | $4.12B | $4.04B | $4.03B |
| Total liabilities | $1.95B | $1.82B | $3.58B | $3.64B | $3.82B | $3.75B | $3.79B | $4.08B | $4.15B | $4.16B | $4.10B | $4.07B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $513,000 | $488,000 | $476,000 | $466,000 | $456,000 | $447,000 | $439,000 | $434,000 | $425,000 | $416,000 | $413,000 | $409,000 |
| Retained earnings (deficit) | −$1.39B | −$1.38B | −$1.34B | −$1.27B | −$1.25B | −$1.06B | −$828.0M | −$739.7M | −$436.3M | −$456.9M | −$496.1M | −$370.6M |
| Accumulated other comprehensive income | $5.8M | −$2.0M | −$3.8M | — | — | — | — | — | $2.62B | $0 | $1.18B | $1.21B |
| Total shareholders' equity | $4.50B | $4.57B | $2.96B | $3.00B | $2.99B | $3.25B | $3.44B | $3.51B | $3.71B | $3.74B | $3.68B | $3.78B |
| Key figures | ||||||||||||
| Total debt | $1.86B | $1.73B | $1.85B | $1.92B | $2.09B | $2.03B | $2.06B | $2.27B | $2.43B | $2.48B | $2.47B | $2.49B |
| Net cash (debt) | −$1.82B | −$1.70B | −$1.81B | −$1.84B | −$2.04B | −$1.98B | −$2.00B | −$2.22B | −$2.35B | −$2.43B | −$2.38B | −$2.42B |
| Working capital | −$335.3M | $42.3M | −$65.1M | −$3.4M | −$46.0M | −$32.7M | −$42.9M | $42.9M | $64.8M | $35.6M | $76.1M | $52.4M |
| Tangible book value | $4.50B | $4.57B | $2.96B | $3.00B | $2.99B | $3.25B | $3.44B | $3.51B | $3.71B | $3.74B | $3.68B | $3.78B |
| Book value per share | $9.38 | $9.67 | $6.27 | $6.82 | $6.56 | $7.32 | $7.88 | $8.19 | $8.74 | $8.95 | $8.96 | $9.34 |
| Shares outstanding | 479.9M | 472.3M | 472.3M | 440.3M | 455.9M | 443.4M | 436.7M | 428.9M | 424.8M | 417.9M | 410.9M | 404.7M |
| Current ratio | 0.11 | 3.10 | 0.35 | 0.96 | 0.51 | 0.62 | 0.58 | 1.89 | 2.38 | 1.78 | 2.38 | 2.16 |
| Quick ratio | 0.11 | 3.10 | 0.71 | 1.20 | 1.14 | 0.82 | 0.77 | 1.87 | 2.35 | 1.76 | 2.37 | 2.14 |
| Debt / equity | 0.41 | 0.38 | 0.62 | 0.64 | 0.70 | 0.62 | 0.60 | 0.65 | 0.66 | 0.66 | 0.67 | 0.66 |
| Equity / assets | 69.8% | 71.5% | 45.3% | 45.2% | 43.9% | 46.4% | 47.5% | 46.2% | 47.2% | 47.3% | 47.3% | 48.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 20, 2026); data from EODHD.
PSEC financial position
At the end of fiscal 2026 (June 30, 2026), Prospect Capital had total assets of $6.4 billion (down 5.2% from a year earlier), total liabilities of $1.9 billion and shareholders' equity of $4.5 billion. It held $43.6 million in cash and short-term investments against $1.9 billion of debt, net debt of $1.8 billion. Its current ratio was 0.11.
Related: PSEC income statement, PSEC cash flow statement, PSEC key metrics. See the PSEC stock overview for the latest quote and news.
PSEC balance sheet FAQ
What are Prospect Capital's total assets?
Prospect Capital reported total assets of $6.4 billion at the end of fiscal 2026 (June 30, 2026), compared with $6.8 billion a year earlier.
How much debt does Prospect Capital have?
Prospect Capital had $1.9 billion of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.41.
How much cash does Prospect Capital have?
Prospect Capital held $43.6 million in cash and short-term investments at the end of fiscal 2026; with $1.9 billion of debt that is net debt of $1.8 billion.
What is Prospect Capital's book value?
Prospect Capital's shareholders' equity (book value) was $4.5 billion at the end of fiscal 2026, or $9.38 per share.
What is Prospect Capital's current ratio?
Prospect Capital had current assets of $43.6 million and current liabilities of $378.9 million, a current ratio of 0.11 (current liabilities exceed current assets).