GAINP.PFD (Gladstone Investment) LT-Debt-to-Total-Asset : 0.39 (As of Sep. 2024)

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What is Gladstone Investment LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Gladstone Investment's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.39.

Gladstone Investment's long-term debt to total assets ratio declined from Sep. 2023 (0.44) to Sep. 2024 (0.39). It may suggest that Gladstone Investment is progressively becoming less dependent on debt to grow their business.

Gladstone Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gladstone Investment's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Gladstone Investment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.09

0.24

0.35

0.38

0.43

Gladstone Investment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.44	0.45	0.43	0.43	0.39

Gladstone Investment LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	398.345	/	938.083
	=	0.42

Gladstone Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	341.035	/	868.78
	=	0.39

Gladstone Investment (NAS:GAINP.PFD) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Gladstone Investment LT-Debt-to-Total-Asset Related Terms

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Gladstone Investment Business Description

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

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GAIN:USA 0IVR:UK 1G3:Germany

Address

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

Website

https://www.gladstoneinvestment.com

Gladstone Investment Corp operates as an externally managed, closed-end, non-diversified management investment company. Its objective is to invest in debt and equity securities of established private businesses operating in the U.S. and to (i) achieve and grow current income by investing in debt securities of established businesses. (ii) provide our stockholders with long-term capital appreciation in the value of our assets by investing in equity securities of established businesses. It focuses on investing in lower-middle-market private businesses.