Golub Capital BDC Inc (NASDAQ:GBDC) stock rose 0.13% (As on Nov 30, 11:44:48 AM UTC-4, Source: Google Finance) after the company posted inline results for the fourth quarter of FY 21. Net investment income per share for the quarter ended September 30, 2021 was $0.27 as compared to $0.25 for the quarter ended June 30, 2021. Excluding $0.03 per share in purchase premium amortization from the GCIC acquisition, Adjusted Net Investment Income Per Share for the quarter ended September 30, 2021 was $0.30. Net asset value per share increased to $15.19 at September 30, 2021 from $15.06 at June 30, 2021. As of September 30, 2021, the Company had investments in 296 portfolio companies with a total fair value of $4,894.9 million.  This compares to the Company’s portfolio as of June 30, 2021, as of which date the Company had investments in 275 portfolio companies with a total fair value of $4,439.5 million. Total investments in portfolio companies at fair value were $4,894.9 million at September 30, 2021.  As of September 30, 2021, total assets were $5,164.9 million, net assets were $2,582.7 million and net asset value per share was $15.19. For the fourth fiscal quarter of 2021, the Company reported adjusted Net Income of $71.6 million.

GBDC in the fourth quarter of FY 21 has reported the adjusted earnings per share of 30 cents, which is inline with the analysts’ estimates for the adjusted earnings per share of 30 cents, according to Zacks Investment Research. The company had reported the adjusted revenue of $81 million in the fourth quarter of FY 21, slightly missing the analysts’ estimates for revenue of $81.40 million.

On September 29, 2021, the company paid a quarterly distribution of $0.29 per share and on November 19, 2021, our board of directors declared a quarterly distribution of $0.30 per share, which is payable on December 30, 2021 to stockholders of record as of December 10, 2021. As of September 30, 2021, the company had cash, cash equivalents and foreign currencies of $181.1 million, restricted cash, cash equivalents and foreign currencies of $63.3 million and $2,569.2 million of debt outstanding. As of September 30, 2021, subject to leverage and borrowing base restrictions, the company had approximately $77.9 million of remaining commitments and $77.9 million of availability, in the aggregate, on our revolving credit facilities with various banks. In addition, as of September 30, 2021, the company had $100.0 million of remaining commitments and availability on the unsecured line of credit with GC Advisors.