Gladstone Investment (Gladstone Investment) Debt-to-Equity

: 0.90 (As of Dec. 2023)

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Gladstone Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Gladstone Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $413.50 Mil. Gladstone Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $459.94 Mil. Gladstone Investment's debt to equity for the quarter that ended in Dec. 2023 was 0.90.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Gladstone Investment's Debt-to-Equity or its related term are showing as below:

GAINO.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.33 Max: 0.9
Current: 0.9

During the past 13 years, the highest Debt-to-Equity Ratio of Gladstone Investment was 0.90. The lowest was 0.02. And the median was 0.33.

GAINO.PFD's Debt-to-Equity is ranked worse than
85.11% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs GAINO.PFD: 0.90

Gladstone Investment Debt-to-Equity Historical Data

The historical data trend for Gladstone Investment's Debt-to-Equity 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.

* Premium members only.

Gladstone Investment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.14

0.15

0.40

0.59

0.67

Gladstone Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.64	0.67	0.86	0.86	0.90

Competitive Comparison

For the Asset Management subindustry, Gladstone Investment's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

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

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

Gladstone Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gladstone Investment's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	292.607)	/	439.742
	=	0.67

Gladstone Investment's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	413.504)	/	459.941
	=	0.90

Gladstone Investment (NAS:GAINO.PFD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Gladstone Investment Debt-to-Equity 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:GAINO.PFD) » Definitions » Debt-to-Equity

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.