Quarter Ended
September 30, 2019
Year Ended
December 31, 2018
Dollars in millions except per share amounts
Comprehensive Investment Portfolio (Fair Value)1
$1,813
$1,714
Debt Outstanding
$571
$476
Net Asset Value
$925
$919
Net Investment Income per share
$0.44
$0.44
Distribution(s) Declared
$0.41
$0.41
NAV Per Share
$21.90
$21.75
Net Debt(2)/ Equity
0.61x
0.51x
(1) Comprehensive Investment Portfolio is comprised of Solar Capital Ltd.'s investment portfolio, Crystal Financial's ("Crystal") full portfolio (including ownership of its SBIC), and NEF Holdings, LLC's ("NEF") full portfolio and excludes their fair value of the equity interests in Crystal and NEF.
(2) Net Debt defined as the sum of all debt facilities payable less cash and cash equivalents