---
title: "BCIC: Improved asset coverage and lower leverage offset by NAV decline from software markdowns"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295256705.md"
description: "Balance sheet and asset coverage improved through liability management and portfolio repositioning, despite a NAV decline driven by unrealized software markdowns. Non-accruals and leverage ratios improved, with continued focus on prudent capital allocation and selective new investments.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-07T15:54:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295256705.md)
  - [en](https://longbridge.com/en/news/295256705.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295256705.md)
generator: "portal-rs"
---

# BCIC: Improved asset coverage and lower leverage offset by NAV decline from software markdowns

Balance sheet and asset coverage improved through liability management and portfolio repositioning, despite a NAV decline driven by unrealized software markdowns. Non-accruals and leverage ratios improved, with continued focus on prudent capital allocation and selective new investments.

Based on 

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**