2024 Q4 Form 10-Q Financial Statement

#000121390024097564 Filed on November 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $37.05M
YoY Change 73.4%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $27.56M
YoY Change 39.01%
Operating Profit -$20.77M
YoY Change -1034.56%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $37.56M
YoY Change 170.73%
Net Earnings / Revenue 101.36%
Basic Earnings Per Share $0.52
Diluted Earnings Per Share $0.52
COMMON SHARES
Basic Shares Outstanding 71.03M shares 71.09M shares
Diluted Shares Outstanding 71.08M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $39.08M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $20.23M
YoY Change -98.44%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.028B
YoY Change 53.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $842.0M
YoY Change 31.59%
SHAREHOLDERS EQUITY
Retained Earnings $33.13M
YoY Change 172.05%
Common Stock $1.153B
YoY Change 72.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.186B
YoY Change
Total Liabilities & Shareholders Equity $2.028B
YoY Change 53.58%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $37.56M
YoY Change 170.73%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Entity Tax Identification Number
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dei Entity Address Postal Zip Code
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dei Security12b Title
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dei Trading Symbol
TradingSymbol
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dei Entity Filer Category
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dei Entity Registrant Name
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Kayne Anderson BDC, Inc.
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dei Entity Address Address Line1
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717 Texas Avenue
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Suite 2200
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
8571000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
6760000 usd
kbdc Salespurchases Of Shortterm Investments Net
SalespurchasesOfShorttermInvestmentsNet
-9868000 usd
kbdc Salespurchases Of Shortterm Investments Net
SalespurchasesOfShorttermInvestmentsNet
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kbdc Purchases Of Portfolio Investments
PurchasesOfPortfolioInvestments
784316000 usd
kbdc Purchases Of Portfolio Investments
PurchasesOfPortfolioInvestments
217836000 usd
kbdc Proceeds From Sales Of Investments And Principal Repayments
ProceedsFromSalesOfInvestmentsAndPrincipalRepayments
216307000 usd
kbdc Proceeds From Sales Of Investments And Principal Repayments
ProceedsFromSalesOfInvestmentsAndPrincipalRepayments
105319000 usd
kbdc Paidinkind Interest From Portfolio Investments
PaidinkindInterestFromPortfolioInvestments
2119000 usd
kbdc Paidinkind Interest From Portfolio Investments
PaidinkindInterestFromPortfolioInvestments
1310000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2771000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1936000 usd
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
9517000 usd
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
3274000 usd
kbdc Increasedecrease In Receivable For Principal Payments On Investments
IncreasedecreaseInReceivableForPrincipalPaymentsOnInvestments
397000 usd
kbdc Increasedecrease In Receivable For Principal Payments On Investments
IncreasedecreaseInReceivableForPrincipalPaymentsOnInvestments
68000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-101000 usd
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
-158000 usd
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
-228000 usd
us-gaap Increase Decrease In Payable For Investment Purchased
IncreaseDecreaseInPayableForInvestmentPurchased
17397000 usd
us-gaap Increase Decrease In Payable For Investment Purchased
IncreaseDecreaseInPayableForInvestmentPurchased
-956000 usd
us-gaap Increase Decrease In Management Fee Payable
IncreaseDecreaseInManagementFeePayable
577000 usd
us-gaap Increase Decrease In Management Fee Payable
IncreaseDecreaseInManagementFeePayable
490000 usd
us-gaap Increase Decrease In Incentive Fee Payable
IncreaseDecreaseInIncentiveFeePayable
-14195000 usd
us-gaap Increase Decrease In Incentive Fee Payable
IncreaseDecreaseInIncentiveFeePayable
6930000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
1202000 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
3397000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-495423000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-56301000 usd
kbdc Borrowingspayments On Corporate Credit Facility Net
BorrowingspaymentsOnCorporateCreditFacilityNet
13000000 usd
kbdc Borrowingspayments On Corporate Credit Facility Net
BorrowingspaymentsOnCorporateCreditFacilityNet
77000000 usd
kbdc Borrowings On Revolving Funding Facility Net
BorrowingsOnRevolvingFundingFacilityNet
103000000 usd
kbdc Borrowings On Revolving Funding Facility Net
BorrowingsOnRevolvingFundingFacilityNet
106000000 usd
kbdc Borrowings On Revolving Funding Facility Ii Net
BorrowingsOnRevolvingFundingFacilityIINet
13000000 usd
kbdc Borrowings On Subscription And Credit Agreement Net
BorrowingsOnSubscriptionAndCreditAgreementNet
-10750000 usd
kbdc Borrowings On Subscription And Credit Agreement Net
BorrowingsOnSubscriptionAndCreditAgreementNet
-83000000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4851000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1816000 usd
kbdc Deposits For Issuance Of Common Shares
DepositsForIssuanceOfCommonShares
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us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
66862000 usd
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
49600000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
480997000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
90575000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
75000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1107000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
500437000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
60159000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
5014000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3858000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34069000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8526000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39083000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12384000 usd
us-gaap Interest Paid Net
InterestPaidNet
40891000 usd
us-gaap Interest Paid Net
InterestPaidNet
32882000 usd
kbdc Noncash Financing Activities Not Included Herein Consisted Of Reinvestment Of Dividends
NoncashFinancingActivitiesNotIncludedHereinConsistedOfReinvestmentOfDividends
3150000 usd
kbdc Noncash Financing Activities Not Included Herein Consisted Of Reinvestment Of Dividends
NoncashFinancingActivitiesNotIncludedHereinConsistedOfReinvestmentOfDividends
3396000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">C.<i> Use of Estimates </i>— the preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of income and expenses during the period. Actual results could differ materially from those estimates.</p>
kbdc Third Party Valuation Percentage
ThirdPartyValuationPercentage
0.25 pure
us-gaap Paid In Kind Interest
PaidInKindInterest
2119000 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
1310000 usd
kbdc Aggregate Interest Income
AggregateInterestIncome
0.014 pure
kbdc Aggregate Interest Income
AggregateInterestIncome
0.011 pure
kbdc Distributions Percentage
DistributionsPercentage
0.90 pure
us-gaap Quarterly Financial Information Income Taxes Significant Variation Description
QuarterlyFinancialInformationIncomeTaxesSignificantVariationDescription
All RICs are subject to a non-deductible 4% excise tax on income that is not distributed on a timely basis in accordance with the calendar year distribution requirements. To avoid the tax, the Company must distribute during each calendar year an amount at least equal to the sum of (i) 98% of its ordinary income for the calendar year, (ii) 98.2% of its net capital gains for the one-year period ending on December 31, the last day of our taxable year, and (iii) undistributed amounts from previous years on which the Company paid no U.S. federal income tax.
us-gaap Management And Service Fees Base Rate
ManagementAndServiceFeesBaseRate
0.01 pure
CY2024Q3 us-gaap Payment For Management Fee
PaymentForManagementFee
3573000 usd
CY2024Q3 kbdc Management Fees Expense Net Of Waivers
ManagementFeesExpenseNetOfWaivers
1191000 usd
CY2023Q3 us-gaap Payment For Management Fee
PaymentForManagementFee
2905000 usd
us-gaap Payment For Management Fee
PaymentForManagementFee
10875000 usd
kbdc Management Fees Expense Net Of Waivers
ManagementFeesExpenseNetOfWaivers
1662000 usd
us-gaap Payment For Management Fee
PaymentForManagementFee
8438000 usd
us-gaap Investment Company Incentive Fee To Average Net Assets
InvestmentCompanyIncentiveFeeToAverageNetAssets
0.015 pure
us-gaap Investment Company Total Return After Incentive Fees
InvestmentCompanyTotalReturnAfterIncentiveFees
0.06 pure
us-gaap Incentive Fee Description
IncentiveFeeDescription
Prior to the IPO Date, the income incentive fee is calculated as 100% of our pre-incentive fee net investment income for the immediately preceding calendar quarter in excess of 1.50% of the Company’s NAV at the end of the immediately preceding calendar quarter until the Advisor has received 10% of the total pre-incentive fee net income for that calendar quarter and, for pre-incentive fee net investment income in excess of 1.6667%, 10% of all remaining pre-incentive fee net investment income for that quarter.
kbdc Percentage Of First Quarter Hurdle Rate
PercentageOfFirstQuarterHurdleRate
0.015 pure
kbdc Percentage Of Annual Hurdle Rate
PercentageOfAnnualHurdleRate
0.06 pure
kbdc Percentage Of Aggregate Pre Incentive Fee Exceeds Hurdle Rate For Quarter
PercentageOfAggregatePreIncentiveFeeExceedsHurdleRateForQuarter
1 pure
kbdc Percentage Of Minimum Quarterly Rate Before Initial Public Offering
PercentageOfMinimumQuarterlyRateBeforeInitialPublicOffering
0.016667 pure
kbdc Percentage Of Minimum Quarterly Rate After Initial Public Offering
PercentageOfMinimumQuarterlyRateAfterInitialPublicOffering
0.017647 pure
kbdc Percentage Of Pre Incentive Fee Before The Initial Public Offering
PercentageOfPreIncentiveFeeBeforeTheInitialPublicOffering
0.10 pure
kbdc Percentage Of Pre Incentive Fee After The Initial Public Offering
PercentageOfPreIncentiveFeeAfterTheInitialPublicOffering
0.15 pure
kbdc Percentage Of Aggregate Pre Incentive Fee Exceeds Quarterly Rate
PercentageOfAggregatePreIncentiveFeeExceedsQuarterlyRate
0.10 pure
kbdc Percentage Of Maximum Quarterly Rate Before The Ipo
PercentageOfMaximumQuarterlyRateBeforeTheIPO
0.016667 pure
kbdc Percentage Of Pre Incentive Fee Net Investment Income Exceeds Quarterly Rate For First Quarter
PercentageOfPreIncentiveFeeNetInvestmentIncomeExceedsQuarterlyRateForFirstQuarter
0.15 pure
kbdc Percentage Of Quarterly Rate Exceeds For First Quarter
PercentageOfQuarterlyRateExceedsForFirstQuarter
0.017647 pure
kbdc Percentage Of Trailing Twelve Quarter Equals Hurdle Rate For Quarter
PercentageOfTrailingTwelveQuarterEqualsHurdleRateForQuarter
0.015 pure
kbdc Percentage Of Trailing Twelve Quarter Equals Hurdle Rate For Annual
PercentageOfTrailingTwelveQuarterEqualsHurdleRateForAnnual
0.06 pure
kbdc Percentage Of Aggregate Pre Incentive Fee Exceeds Hurdle Rate For Trailing Twelve Quarters
PercentageOfAggregatePreIncentiveFeeExceedsHurdleRateForTrailingTwelveQuarters
1 pure
kbdc Percentage Of Computation For Catch Up Amount
PercentageOfComputationForCatchUpAmount
0.017647 pure
kbdc Percentage Of Aggregate Pre Incentive Fee Exceeds Catch Up Amount For Trailing Twelve Quarter
PercentageOfAggregatePreIncentiveFeeExceedsCatchUpAmountForTrailingTwelveQuarter
0.15 pure
kbdc Percentage Of Cumulative Pre Incentive Fee Net Return Under Trailing Twelve Quarter
PercentageOfCumulativePreIncentiveFeeNetReturnUnderTrailingTwelveQuarter
0.15 pure
kbdc Percentage Of Realized Capital Gains Payable Prior The Effective Date
PercentageOfRealizedCapitalGainsPayablePriorTheEffectiveDate
0.10 pure
kbdc Percentage Of Realized Capital Gains Payable Upon The Effective Date
PercentageOfRealizedCapitalGainsPayableUponTheEffectiveDate
0.15 pure
kbdc Percentage Of Computation For Capital Gain Incentive Fee
PercentageOfComputationForCapitalGainIncentiveFee
0.10 pure
CY2024Q1 us-gaap Accretion Expense
AccretionExpense
16826000 usd
CY2024Q3 us-gaap Other Assets
OtherAssets
184696000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
68578000 usd
CY2024Q3 kbdc Longterm Investments Fair Value Percentage
LongtermInvestmentsFairValuePercentage
1 pure
CY2023Q4 kbdc Longterm Investments Fair Value Percentage
LongtermInvestmentsFairValuePercentage
1 pure
CY2024Q3 us-gaap Investments
Investments
1923211000 usd
CY2024Q3 us-gaap Equity Method Investments
EquityMethodInvestments
20228000 usd
CY2024Q3 us-gaap Short Term Investments
ShortTermInvestments
22670000 usd
CY2024Q3 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1966109000 usd
CY2023Q4 us-gaap Investments
Investments
1346174000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
17324000 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
12802000 usd
CY2023Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1376300000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1574397000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
177578000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
-82805000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
1223000 usd
CY2024Q3 kbdc Fair Value Measurement With Unobservable Input Reconciliation Recurring Basis Net Accretion Of Discount On Investments
FairValueMeasurementWithUnobservableInputReconciliationRecurringBasisNetAccretionOfDiscountOnInvestments
3326000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1673719000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1283951000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
40482000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
-41776000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
-7497000 usd
CY2023Q3 kbdc Fair Value Measurement With Unobservable Input Reconciliation Recurring Basis Net Accretion Of Discount On Investments
FairValueMeasurementWithUnobservableInputReconciliationRecurringBasisNetAccretionOfDiscountOnInvestments
2443000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1277603000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1363498000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
453780000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
-155667000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
3315000 usd
kbdc Fair Value Measurement With Unobservable Input Reconciliation Recurring Basis Net Accretion Of Discount On Investments
FairValueMeasurementWithUnobservableInputReconciliationRecurringBasisNetAccretionOfDiscountOnInvestments
8793000 usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1673719000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1165119000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
219146000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
-105319000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
-8103000 usd
kbdc Fair Value Measurement With Unobservable Input Reconciliation Recurring Basis Net Accretion Of Discount On Investments
FairValueMeasurementWithUnobservableInputReconciliationRecurringBasisNetAccretionOfDiscountOnInvestments
6760000 usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
1277603000 usd
us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0125 pure
CY2024Q3 us-gaap Other Borrowings
OtherBorrowings
83000000 usd
kbdc Extension Fee
ExtensionFee
0.00075 pure
CY2024Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
75000000 usd
CY2024Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
696000 usd
CY2024Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
82566000 usd
CY2024Q3 us-gaap Investment Company Senior Security Indebtedness Asset Coverage Ratio
InvestmentCompanySeniorSecurityIndebtednessAssetCoverageRatio
1.50 pure
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
1225000000 usd
CY2024Q3 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
788000000 usd
CY2024Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
437000000 usd
CY2024Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
779489000 usd
CY2023 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
1130000000 usd
CY2023Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
695750000 usd
CY2023Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
233502000 usd
CY2023Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
689319000 usd
CY2024Q3 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
6431000 usd
CY2024Q3 us-gaap Interest Expense Other
InterestExpenseOther
15122000 usd
CY2023Q3 us-gaap Interest Expense Other
InterestExpenseOther
13119000 usd
CY2024Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
947000 usd
CY2023Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
752000 usd
CY2024Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
16069000 usd
CY2023Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
13871000 usd
CY2024Q3 kbdc Interest Expense Borrowing
InterestExpenseBorrowing
731272000 usd
CY2023Q3 kbdc Interest Expense Borrowing
InterestExpenseBorrowing
617598000 usd
us-gaap Interest Expense Other
InterestExpenseOther
42193000 usd
us-gaap Interest Expense Other
InterestExpenseOther
36460000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2771000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1936000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
44964000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
38396000 usd
kbdc Interest Expense Borrowing
InterestExpenseBorrowing
668219000 usd
kbdc Interest Expense Borrowing
InterestExpenseBorrowing
625421000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.2
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.53
CY2024Q3 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
4431000 usd
CY2024Q4 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
4521000 usd
CY2024Q3 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
179008000 usd
CY2023Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
147928000 usd
CY2024Q3 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
179008000 usd
CY2023Q4 us-gaap Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
147928000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
37556000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
13872000 usd
us-gaap Net Income Loss
NetIncomeLoss
96491000 usd
us-gaap Net Income Loss
NetIncomeLoss
54281000 usd
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71083885 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71083885 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40499327 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40499327 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61321163 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61321163 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38461385 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38461385 shares
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.53
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.53
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.34
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.34
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.57
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.57
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.41
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.41
CY2023Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
16.42
CY2022Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
16.5
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
1.55
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
1.62
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0.04
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
-0.19
us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
1.59
us-gaap Investment Company Investment Income Loss From Operations Per Share
InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare
1.43
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
1.2
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
1.53
kbdc Net Decrease In Net Assets Resulting From Distributions Subtotal
NetDecreaseInNetAssetsResultingFromDistributionsSubtotal
-1.2
kbdc Net Decrease In Net Assets Resulting From Distributions Subtotal
NetDecreaseInNetAssetsResultingFromDistributionsSubtotal
-1.53
us-gaap Investment Company Issuance Of Shares Per Share
InvestmentCompanyIssuanceOfSharesPerShare
0.11
us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
0.11
CY2024Q3 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
16.7
CY2023Q3 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
16.4
CY2024Q3 us-gaap Investment Company Market Value Per Share
InvestmentCompanyMarketValuePerShare
16.21
CY2024Q3 us-gaap Shares Outstanding
SharesOutstanding
71047779 shares
CY2023Q3 us-gaap Shares Outstanding
SharesOutstanding
41506935 shares
CY2024Q3 us-gaap Net Regulatory Assets
NetRegulatoryAssets
1186205000 usd
CY2023Q3 us-gaap Net Regulatory Assets
NetRegulatoryAssets
680726000 usd
kbdc Weightedaverage Shares Outstandingin Shares
WeightedaverageSharesOutstandinginShares
61321163 shares
kbdc Weightedaverage Shares Outstandingin Shares
WeightedaverageSharesOutstandinginShares
38461385 shares
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.094 pure
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.089 pure
us-gaap Investment Company Total Return Market Value
InvestmentCompanyTotalReturnMarketValue
0.024 pure
us-gaap Investment Company Portfolio Turnover
InvestmentCompanyPortfolioTurnover
0.125 pure
us-gaap Investment Company Portfolio Turnover
InvestmentCompanyPortfolioTurnover
0.085 pure
us-gaap Investment Company Expense Ratio Excluding Incentive Fee
InvestmentCompanyExpenseRatioExcludingIncentiveFee
0.101 pure
us-gaap Investment Company Expense Ratio Excluding Incentive Fee
InvestmentCompanyExpenseRatioExcludingIncentiveFee
0.119 pure
us-gaap Investment Company Expense Ratio Including Incentive Fee
InvestmentCompanyExpenseRatioIncludingIncentiveFee
0.085 pure
us-gaap Investment Company Expense Ratio Including Incentive Fee
InvestmentCompanyExpenseRatioIncludingIncentiveFee
0.119 pure
us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.132 pure
us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.133 pure
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 kbdc Subscription Credit Agreement
SubscriptionCreditAgreement
usd
CY2024Q3 kbdc Unamortized Subscription Credit Facility Issuance Costs
UnamortizedSubscriptionCreditFacilityIssuanceCosts
usd
CY2023Q4 us-gaap Payable Investment Purchase
PayableInvestmentPurchase
usd
CY2023Q4 us-gaap Other Notes Payable
OtherNotesPayable
usd
CY2024Q3 us-gaap Incentive Fee Payable
IncentiveFeePayable
usd
CY2023Q3 kbdc Investment Company Management Fee Waiver
InvestmentCompanyManagementFeeWaiver
usd
kbdc Investment Company Management Fee Waiver
InvestmentCompanyManagementFeeWaiver
usd
CY2023Q3 kbdc Investment Company Incentive Fee Waiver
InvestmentCompanyIncentiveFeeWaiver
usd
kbdc Investment Company Incentive Fee Waiver
InvestmentCompanyIncentiveFeeWaiver
usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
usd
CY2024Q3 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2023Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
usd
CY2024Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
usd
kbdc Borrowings On Revolving Funding Facility Ii Net
BorrowingsOnRevolvingFundingFacilityIINet
usd
kbdc Deposits For Issuance Of Common Shares
DepositsForIssuanceOfCommonShares
usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
CY2024Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
usd
CY2023Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
usd
us-gaap Investment Company Issuance Of Shares Per Share
InvestmentCompanyIssuanceOfSharesPerShare
us-gaap Investment Company Repurchase Of Shares Per Share
InvestmentCompanyRepurchaseOfSharesPerShare
us-gaap Investment Company Repurchase Of Shares Per Share
InvestmentCompanyRepurchaseOfSharesPerShare
us-gaap Investment Company Net Asset Value Per Share Period Increase Decrease
InvestmentCompanyNetAssetValuePerSharePeriodIncreaseDecrease
CY2023Q3 us-gaap Investment Company Market Value Per Share
InvestmentCompanyMarketValuePerShare
us-gaap Investment Company Total Return Market Value
InvestmentCompanyTotalReturnMarketValue
pure
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001747172

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