Gladstone Investment (Gladstone Investment) Debt-to-Asset : 0.43 (As of Mar. 2024)

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What is Gladstone Investment Debt-to-Asset?

Gladstone Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Gladstone Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $398.35 Mil. Gladstone Investment's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $938.08 Mil. Gladstone Investment's debt to asset for the quarter that ended in Mar. 2024 was 0.42.

Gladstone Investment Debt-to-Asset Historical Data

The historical data trend for Gladstone Investment's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gladstone Investment Debt-to-Asset Chart

Gladstone Investment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.09

0.24

0.35

0.38

0.43

Gladstone Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.38	0.44	0.44	0.45	0.43

Competitive Comparison of Gladstone Investment's Debt-to-Asset

For the Asset Management subindustry, Gladstone Investment's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gladstone Investment's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gladstone Investment's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Gladstone Investment's Debt-to-Asset falls into.

Gladstone Investment Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Gladstone Investment's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	398.345)	/	938.083
	=	0.42

Gladstone Investment's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	398.345)	/	938.083
	=	0.42

Gladstone Investment (NAS:GAINL.PFD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Gladstone Investment Debt-to-Asset Related Terms

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Gladstone Investment (Gladstone Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gladstone Investment Corp (NAS:GAINL.PFD) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GAIN:USA 1G3:Germany

Address

1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102

Website

https://www.gladstoneinvestment.com

Gladstone Investment Corp is a business development company. The company's investment objective is to invest achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow, and provide its stockholders with long-term capital appreciation by investing in equity securities. The company's investment sectors include Business service/distribution, Consumer products, and manufacturing. Its portfolio consists of the following industries Conglomerate Services, Home and Office Furnishings, Housewares, Durable Consumer Products, Leisure, Motion Pictures, Entertainment, Conglomerate Manufacturing, Chemicals, Telecommunications, Aerospace and Defense, and others. Its investment activities are carried across the United States.