FS Specialty Lending Fund
FSENOther · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | — | — | — |
| Net income | $18.1M | −$32.6M | $184.5M |
| Total assets | $2.13B | $2.06B | $2.56B |
| Total liabilities | $627.8M | $497.5M | $805.0M |
| Equity | $1.50B | $1.56B | $1.75B |
| EPS (diluted) | $0.04 | $-0.07 | $0.41 |
| Shares out. | 455.5M | 452.8M | 451.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- —
- Net margin
- —
- Return on equity
- 1.2%
- Return on assets
- 0.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 29.5%
- Debt / equity
- 0.42×
- Book value / share
- $3.30
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Accruals / assets
- 10.5%high accruals
- Piotroski F-Score
- 2/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 warning● 1 good- Negative operating cash flow
- High accruals — earnings-quality risk
- Conservative leverage (liabilities < 50% of assets)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Nov 14, 2025 | 3,826 | 5.0 | +100.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Other material eventOct 28, 2025
- Results of operations · Regulation FD disclosureOct 20, 2025
- Regulation FD disclosureOct 15, 2025
- Shareholder voteOct 14, 2025
- Regulation FD disclosureOct 14, 2025
- Shareholder voteSep 29, 2025
- Other material eventSep 15, 2025
- Regulation FD disclosureSep 10, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GFORM 15-12GOct 28, 2025
- N-54COct 28, 2025
- 8-KFORM 8-KOct 28, 2025
- 8-KFORM 8-KOct 20, 2025
- 8-KFORM 8-KOct 15, 2025
- 8-KFORM 8-KOct 14, 2025
- 8-KFORM 8-KOct 14, 2025
- 425Oct 8, 2025
- 425Oct 6, 2025
- 425Oct 6, 2025
- 425Oct 6, 2025
- 425Oct 6, 2025
- 425Oct 3, 2025
- 425Oct 3, 2025
- 425Oct 3, 2025