Gladstone Investment Co. 5.00% Notes Due 2026 (GAINN) Financials

$24.67 -0.08 (-0.32%)

As of 10:22 AM Eastern

Annual Income Statements for Gladstone Investment Co. 5.00% Notes Due 2026

This table shows Gladstone Investment Co. 5.00% Notes Due 2026's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	102	36	85
Consolidated Net Income / (Loss)	102	36	85
Net Income / (Loss) Continuing Operations	15	37	22
Total Pre-Tax Income	15	37	22
Total Revenue	59	66	63
Net Interest Income / (Expense)	47	44	58
Total Interest Income	60	60	82
Loans and Leases Interest Income	60	60	82
Total Interest Expense	13	16	24
Long-Term Debt Interest Expense	13	16	24
Total Non-Interest Income	13	21	5.51
Investment Banking Income	13	21	5.51
Total Non-Interest Expense	44	29	41
Insurance Policy Acquisition Costs	26	8.88	21
Other Operating Expenses	16	18	18
Other Special Charges	-	1.80	2.31
Other Adjustments to Consolidated Net Income / (Loss)	87	-1.45	64
Preferred Stock Dividends Declared	-	0.00	0.00
Basic Earnings per Share	$0.45	$1.11	$0.63
Weighted Average Basic Shares Outstanding	33.21M	33.31M	34.47M
Diluted Earnings per Share	$0.45	$1.11	$0.63
Weighted Average Diluted Shares Outstanding	33.21M	33.31M	34.47M
Weighted Average Basic & Diluted Shares Outstanding	-	33.59M	36.69M
Cash Dividends to Common per Share	$1.17	$1.41	$2.20

This table shows Gladstone Investment Co. 5.00% Notes Due 2026's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Net Income / (Loss) Attributable to Common Shareholders	12	3.08	16	4.66	8.79	47	6.58	23	-6.53	15	38
Consolidated Net Income / (Loss)	12	3.08	16	4.66	8.79	47	6.58	23	-6.53	15	38
Net Income / (Loss) Continuing Operations	7.37	11	8.57	9.64	8.44	-1.73	9.74	5.32	12	7.29	1.16
Total Pre-Tax Income	7.37	11	8.57	9.64	8.44	-1.73	9.74	5.32	12	7.29	1.16
Total Revenue	16	17	18	16	15	14	17	17	16	16	15
Net Interest Income / (Expense)	8.96	10	12	13	13	14	15	15	14	15	14
Total Interest Income	13	14	16	17	18	20	22	21	21	21	21
Loans and Leases Interest Income	13	14	16	17	18	20	22	21	21	21	21
Total Interest Expense	3.78	3.86	4.07	4.16	4.97	6.10	6.52	6.52	6.48	6.40	6.39
Long-Term Debt Interest Expense	3.78	3.86	4.07	4.16	4.97	6.10	6.52	6.52	6.48	6.40	6.39
Total Non-Interest Income	6.56	6.56	5.53	2.63	1.91	0.00	1.38	2.22	1.55	1.57	0.84
Investment Banking Income	6.56	6.56	5.53	2.63	1.91	0.00	1.38	2.22	1.55	1.57	0.84
Total Non-Interest Expense	8.14	5.52	8.95	6.05	6.89	16	6.82	12	3.28	8.88	14
Insurance Policy Acquisition Costs	3.01	0.77	3.95	1.16	2.19	12	1.67	5.65	-3.79	2.23	9.35
Other Operating Expenses	4.69	4.30	4.55	4.44	4.15	3.79	4.56	5.56	6.44	6.01	3.78
Amortization Expense	-	0.45	0.45	-	-	-	0.59	-	0.63	0.63	0.69
Other Adjustments to Consolidated Net Income / (Loss)	4.66	-8.34	7.21	-4.99	0.35	49	-3.17	17	-19	8.19	37
Basic Earnings per Share	$0.22	$0.34	$0.26	$0.29	$0.25	($0.05)	$0.28	$0.15	$0.34	$0.20	$0.03
Weighted Average Basic Shares Outstanding	33.21M	33.22M	33.32M	33.31M	33.59M	33.82M	34.35M	34.47M	36.69M	36.69M	36.73M
Diluted Earnings per Share	$0.22	$0.34	$0.26	$0.29	$0.25	($0.05)	$0.28	$0.15	$0.34	$0.20	$0.03
Weighted Average Diluted Shares Outstanding	33.21M	33.22M	33.32M	33.31M	33.59M	33.82M	34.35M	34.47M	36.69M	36.69M	36.73M
Weighted Average Basic & Diluted Shares Outstanding	-	33.23M	33.46M	33.59M	33.90M	33.90M	35.89M	36.69M	36.69M	36.69M	36.84M

This table details how cash moves in and out of Gladstone Investment Co. 5.00% Notes Due 2026's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Net Change in Cash & Equivalents	-1.66	12	-11	-0.03
Net Cash From Operating Activities	-30	37	-4.50	-70
Net Cash From Continuing Operating Activities	-30	37	-4.50	-70
Net Income / (Loss) Continuing Operations	42	102	36	85
Consolidated Net Income / (Loss)	42	102	36	85
Depreciation Expense	-14	-75	12	-33
Amortization Expense	1.73	1.79	1.79	2.31
Non-Cash Adjustments to Reconcile Net Income	-54	-2.97	-56	-134
Changes in Operating Assets and Liabilities, net	-6.00	10	2.27	9.68
Net Cash From Investing Activities	0.00	0.00	0.00	0.00
Net Cash From Continuing Investing Activities	0.00	0.00	0.00	0.00
Net Cash From Financing Activities	28	-25	-6.74	70
Net Cash From Continuing Financing Activities	28	-25	-6.74	70
Issuance of Debt	254	246	103	317
Issuance of Common Equity	1.77	0.00	5.49	45
Repayment of Debt	-153	-134	-67	-211
Repurchase of Preferred Equity	-58	-94	0.00	0.00
Payment of Dividends	-31	-39	-47	-76
Other Financing Activities, Net	-5.76	-3.43	-0.39	-5.09
Cash Interest Paid	3.17	9.84	14	22

This table details how cash moves in and out of Gladstone Investment Co. 5.00% Notes Due 2026's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Net Change in Cash & Equivalents	30	-41	-0.06	0.40	35	-35	1.00	-0.37	-0.03	-0.52	0.47
Net Cash From Operating Activities	41	-51	-3.96	8.90	-36	-60	21	5.78	12	63	-172
Net Cash From Continuing Operating Activities	41	-51	-3.96	8.90	-36	-60	21	5.78	12	63	-172
Net Income / (Loss) Continuing Operations	12	3.08	16	4.66	8.79	47	6.58	23	-6.53	15	38
Consolidated Net Income / (Loss)	12	3.08	16	4.66	8.79	47	6.58	23	-6.53	15	38
Depreciation Expense	-0.21	11	-3.37	5.14	0.81	-49	47	-32	19	34	-37
Amortization Expense	0.44	0.45	0.45	0.45	0.53	0.59	0.59	0.60	0.63	0.63	0.69
Non-Cash Adjustments to Reconcile Net Income	25	-64	-19	1.76	-47	-67	-34	14	3.31	12	-182
Changes in Operating Assets and Liabilities, net	3.88	-0.79	2.29	-3.11	0.85	7.86	0.73	0.24	-4.04	1.07	7.84
Net Cash From Financing Activities	-12	9.38	3.90	-8.50	71	25	-20	-6.14	-12	-64	172
Net Cash From Continuing Financing Activities	-12	9.38	3.90	-8.50	71	25	-20	-6.14	-12	-64	172
Issuance of Debt	0.00	42	41	20	107	95	105	10	16	32	271
Issuance of Common Equity	-	-	3.00	2.03	-	-	21	19	-	-	2.03
Repayment of Debt	0.00	-25	-28	-14	-21	-62	-102	-26	-20	-86	-62
Payment of Dividends	-11	-7.48	-12	-16	-12	-12	-43	-8.68	-8.81	-8.81	-34
Other Financing Activities, Net	-0.08	-0.21	-0.08	-0.02	-2.71	-0.07	-1.19	-1.12	-0.25	-0.07	-4.30
Cash Interest Paid	3.33	3.41	3.59	3.77	4.02	5.22	6.35	6.39	6.14	6.30	5.47

This table presents Gladstone Investment Co. 5.00% Notes Due 2026's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	740	766	938
Cash and Due from Banks	14	2.68	2.46
Restricted Cash	0.31	0.57	0.76
Trading Account Securities	716	754	921
Loans and Leases, Net of Allowance	0.00	0.00	0.00
Deferred Acquisition Cost	0.90	0.43	1.64
Other Assets	4.22	8.42	9.29
Total Liabilities & Shareholders' Equity	972	766	938
Total Liabilities	295	326	445
Short-Term Debt	0.00	35	67
Accrued Interest Payable	2.19	2.31	3.47
Long-Term Debt	523	257	331
Other Long-Term Liabilities	1.13	31	44
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	446	440	493
Total Preferred & Common Equity	446	440	493
Total Common Equity	446	440	493
Common Stock	398	402	445
Retained Earnings	48	38	48

This table presents Gladstone Investment Co. 5.00% Notes Due 2026's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Total Assets	749	772	847	928	918	914	869	1,088
Cash and Due from Banks	2.56	1.98	37	2.09	2.82	2.44	2.03	2.57
Trading Account Securities	739	-	-	954	941	937	892	1,072
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Acquisition Cost	0.70	0.57	0.37	0.24	1.07	1.54	1.36	1.18
Other Assets	4.85	44	44	6.78	8.01	8.69	8.88	7.90
Total Liabilities & Shareholders' Equity	994	772	876	1,376	1,369	1,346	1,248	1,088
Total Liabilities	306	322	411	453	458	437	410	598
Short-Term Debt	17	30	-	79	83	64	8.90	92
Accrued Interest Payable	2.21	2.30	2.92	3.49	3.55	3.46	3.24	3.75
Long-Term Debt	530	288	376	740	744	727	673	455
Other Long-Term Liabilities	2.14	2.63	61	77	79	74	104	47
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	442	449	436	476	460	477	458	490
Total Preferred & Common Equity	442	449	436	476	460	477	458	490
Total Common Equity	442	449	440	476	460	477	458	490
Common Stock	397	438	435	406	426	445	444	446
Retained Earnings	45	-	-	70	34	33	14	44

This table displays calculated financial ratios and metrics derived from Gladstone Investment Co. 5.00% Notes Due 2026's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	13.96%	10.41%	-3.78%
EBITDA Growth	-1,111.26%	187.76%	-118.02%
EBIT Growth	-16.43%	146.83%	-41.14%
NOPAT Growth	-16.43%	146.83%	-41.14%
Net Income Growth	141.00%	-65.26%	139.98%
EPS Growth	-16.67%	146.67%	-43.24%
Operating Cash Flow Growth	223.10%	-112.31%	-1,452.80%
Free Cash Flow Firm Growth	0.00%	128.65%	-150.13%
Invested Capital Growth	0.00%	-24.39%	21.67%
Revenue Q/Q Growth	0.00%	0.00%	2.32%
EBITDA Q/Q Growth	0.00%	0.00%	-128.69%
EBIT Q/Q Growth	0.00%	0.00%	-16.56%
NOPAT Q/Q Growth	0.00%	0.00%	-16.56%
Net Income Q/Q Growth	0.00%	0.00%	26.60%
EPS Q/Q Growth	0.00%	0.00%	-18.18%
Operating Cash Flow Q/Q Growth	0.00%	72.02%	-4.67%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	-30.76%
Profitability Metrics	-	-	-
EBITDA Margin	-97.70%	77.66%	-14.54%
EBIT Margin	25.20%	56.35%	34.47%
Profit (Net Income) Margin	172.03%	54.13%	135.01%
Tax Burden Percent	682.56%	96.07%	391.72%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	3.10%	4.35%	2.68%
ROIC Less NNEP Spread (ROIC-NNEP)	36.51%	3.99%	21.07%
Return on Net Nonoperating Assets (RNNOA)	42.80%	3.68%	15.61%
Return on Equity (ROE)	45.90%	8.03%	18.30%
Cash Return on Invested Capital (CROIC)	-196.90%	32.12%	-16.87%
Operating Return on Assets (OROA)	2.02%	4.91%	2.56%
Return on Assets (ROA)	13.82%	4.72%	10.01%
Return on Common Equity (ROCE)	45.90%	8.03%	18.30%
Return on Equity Simple (ROE_SIMPLE)	22.95%	8.08%	17.31%
Net Operating Profit after Tax (NOPAT)	15	37	22
NOPAT Margin	25.20%	56.35%	34.47%
Net Nonoperating Expense Percent (NNEP)	-33.41%	0.36%	-18.39%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	74.80%	43.65%	65.53%
Earnings before Interest and Taxes (EBIT)	15	37	22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-58	51	-9.19
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.00	0.77	0.93
Price to Tangible Book Value (P/TBV)	0.00	0.77	0.93
Price to Revenue (P/Rev)	0.00	5.14	7.22
Price to Earnings (P/E)	0.00	9.49	5.35
Dividend Yield	10.54%	13.98%	17.30%
Earnings Yield	0.00%	10.53%	18.69%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.86	0.96
Enterprise Value to Revenue (EV/Rev)	0.00	9.55	13.48
Enterprise Value to EBITDA (EV/EBITDA)	0.00	12.29	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	16.94	39.10
Enterprise Value to NOPAT (EV/NOPAT)	0.00	16.94	39.10
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	2.29	0.00
Leverage & Solvency	-	-	-
Debt to Equity	1.17	0.67	0.81
Long-Term Debt to Equity	1.17	0.59	0.67
Financial Leverage	1.17	0.92	0.74
Leverage Ratio	1.66	1.70	1.83
Compound Leverage Factor	1.66	1.70	1.83
Debt to Total Capital	53.97%	39.95%	44.70%
Short-Term Debt to Total Capital	0.00%	4.80%	7.52%
Long-Term Debt to Total Capital	53.97%	35.15%	37.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	46.03%	60.05%	55.30%
Debt to EBITDA	-9.00	5.74	-43.35
Net Debt to EBITDA	-8.75	5.67	-43.00
Long-Term Debt to EBITDA	-9.00	5.05	-36.06
Debt to NOPAT	34.87	7.91	18.29
Net Debt to NOPAT	33.90	7.82	18.14
Long-Term Debt to NOPAT	34.87	6.96	15.22
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-954	273	-137
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-72.91	17.21	-5.68
Operating Cash Flow to Interest Expense	2.80	-0.28	-2.90
Operating Cash Flow Less CapEx to Interest Expense	2.80	-0.28	-2.90
Efficiency Ratios	-	-	-
Asset Turnover	0.08	0.09	0.07
Fixed Asset Turnover	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-
Invested Capital	969	732	891
Invested Capital Turnover	0.12	0.08	0.08
Increase / (Decrease) in Invested Capital	969	-236	159
Enterprise Value (EV)	0.00	627	851
Market Capitalization	0.00	338	456
Book Value per Share	$13.43	$13.14	$13.73
Tangible Book Value per Share	$13.43	$13.14	$13.73
Total Capital	969	732	891
Total Debt	523	293	398
Total Long-Term Debt	523	257	331
Net Debt	508	289	395
Capital Expenditures (CapEx)	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	-87	1.45	-64
Net Nonoperating Obligations (NNO)	523	293	398
Total Depreciation and Amortization (D&A)	-73	14	-31
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$1.11	$0.63
Adjusted Weighted Average Basic Shares Outstanding	0.00	33.31M	34.47M
Adjusted Diluted Earnings per Share	$0.00	$1.11	$0.63
Adjusted Weighted Average Diluted Shares Outstanding	0.00	33.31M	34.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	33.59M	36.69M
Normalized Net Operating Profit after Tax (NOPAT)	10	27	17
Normalized NOPAT Margin	17.64%	41.36%	26.68%
Pre Tax Income Margin	25.20%	56.35%	34.47%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	1.15	2.33	0.90
NOPAT to Interest Expense	1.15	2.33	0.90
EBIT Less CapEx to Interest Expense	1.15	2.33	0.90
NOPAT Less CapEx to Interest Expense	1.15	2.33	0.90
Payout Ratios	-	-	-
Dividend Payout Ratio	37.97%	132.36%	89.16%
Augmented Payout Ratio	37.97%	132.36%	89.16%

This table displays calculated financial ratios and metrics derived from Gladstone Investment Co. 5.00% Notes Due 2026's official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-6.83%	-4.13%	0.00%	-1.21%	-16.32%	-5.47%	9.11%	2.43%	14.06%	-9.51%
EBITDA Growth	0.00%	939.49%	-80.47%	0.00%	28.69%	-321.92%	907.77%	-270.57%	226.97%	184.16%	-162.29%
EBIT Growth	0.00%	427.30%	2.02%	0.00%	14.50%	-115.15%	13.71%	-44.81%	47.09%	521.45%	-88.09%
NOPAT Growth	0.00%	427.30%	2.02%	0.00%	14.50%	-110.61%	13.71%	-44.81%	47.09%	702.06%	-88.09%
Net Income Growth	0.00%	-89.07%	52.51%	0.00%	-27.00%	1,440.03%	-58.31%	384.84%	-174.28%	-67.31%	485.04%
EPS Growth	0.00%	385.71%	4.00%	0.00%	13.64%	-114.71%	7.69%	-48.28%	36.00%	500.00%	-89.29%
Operating Cash Flow Growth	0.00%	0.00%	-108.69%	430.40%	-188.22%	-18.48%	626.97%	-35.07%	133.81%	205.03%	-923.54%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	68.61%	32.65%	0.00%	44.89%	152.73%	149.26%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	30.91%	67.87%	21.67%	56.06%	-11.94%	-19.45%
Revenue Q/Q Growth	0.00%	9.19%	3.44%	-10.42%	-2.35%	-7.52%	16.85%	3.41%	-8.33%	2.98%	-7.30%
EBITDA Q/Q Growth	0.00%	196.04%	-74.89%	169.59%	-35.79%	-610.50%	214.05%	-145.63%	223.07%	31.40%	-184.40%
EBIT Q/Q Growth	0.00%	54.88%	-24.94%	12.55%	-12.48%	-120.50%	663.24%	-45.37%	133.21%	-41.27%	-84.08%
NOPAT Q/Q Growth	0.00%	54.88%	-24.94%	12.55%	-12.48%	-114.35%	904.62%	-45.37%	133.21%	-41.27%	-84.08%
Net Income Q/Q Growth	0.00%	-74.45%	413.14%	-70.48%	88.62%	438.99%	-86.11%	243.27%	-128.90%	337.24%	148.61%
EPS Q/Q Growth	0.00%	54.55%	-23.53%	11.54%	-13.79%	-120.00%	660.00%	-46.43%	126.67%	-41.18%	-85.00%
Operating Cash Flow Q/Q Growth	1,633.48%	-222.86%	92.20%	324.77%	-509.47%	-65.00%	134.70%	-72.31%	113.20%	412.65%	-372.08%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	22.48%	100.00%	0.00%	61.83%	-66.34%	69.96%	-188.91%	136.52%	55.38%
Invested Capital Q/Q Growth	0.00%	0.00%	-22.51%	-4.47%	10.96%	59.37%	-0.62%	-30.76%	42.32%	-10.07%	-9.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	49.00%	132.87%	32.26%	97.08%	63.83%	-352.37%	343.93%	-151.77%	203.76%	260.00%	-236.73%
EBIT Margin	47.52%	67.40%	48.91%	61.45%	55.07%	-12.21%	58.84%	31.08%	79.08%	45.10%	7.75%
Profit (Net Income) Margin	77.58%	18.15%	90.06%	29.68%	57.33%	334.13%	39.73%	131.88%	-41.57%	95.77%	256.84%
Tax Burden Percent	163.28%	26.94%	184.14%	48.30%	104.10%	-2,737.34%	67.52%	424.27%	-52.57%	212.34%	3,315.25%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	5.51%	8.88%	-0.47%	3.54%	2.42%	4.83%	2.43%	0.43%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	3.81%	9.06%	6.64%	2.99%	7.42%	1.58%	3.52%	5.86%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	2.53%	7.81%	9.88%	3.76%	5.50%	2.02%	5.66%	8.48%
Return on Equity (ROE)	0.00%	0.00%	0.00%	8.04%	16.68%	9.41%	7.30%	7.91%	6.86%	8.08%	8.90%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	37.30%	0.00%	0.00%	0.00%	-16.87%	-41.31%	15.55%	23.80%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	5.36%	4.26%	-0.91%	4.30%	2.31%	5.71%	3.29%	0.49%
Return on Assets (ROA)	0.00%	0.00%	0.00%	2.59%	4.43%	24.99%	2.90%	9.78%	-3.00%	6.99%	16.39%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	8.04%	16.83%	9.41%	7.29%	7.91%	6.88%	8.08%	8.90%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	7.40%	16.10%	14.65%	0.00%	14.66%	8.32%	14.29%
Net Operating Profit after Tax (NOPAT)	7.37	11	8.57	9.64	8.44	-1.21	9.74	5.32	12	7.29	1.16
NOPAT Margin	47.52%	67.40%	48.91%	61.45%	55.07%	-8.54%	58.84%	31.08%	79.08%	45.10%	7.75%
Net Nonoperating Expense Percent (NNEP)	0.00%	3.05%	-4.54%	1.70%	-0.18%	-7.11%	0.55%	-5.00%	3.25%	-1.09%	-5.44%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	52.49%	32.60%	51.09%	38.55%	44.93%	112.21%	41.16%	68.92%	20.92%	54.90%	92.25%
Earnings before Interest and Taxes (EBIT)	7.37	11	8.57	9.64	8.44	-1.73	9.74	5.32	12	7.29	1.16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7.60	23	5.65	15	9.78	-50	57	-26	32	42	-35
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.70	0.77	0.78	0.73	0.92	0.93	0.98	1.07	0.98
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.70	0.77	0.78	0.73	0.92	0.93	0.98	1.07	0.98
Price to Revenue (P/Rev)	0.00	0.00	0.00	5.14	5.23	5.54	6.82	7.22	7.34	7.48	7.51
Price to Earnings (P/E)	0.00	0.00	0.00	9.49	10.61	4.54	6.25	5.35	6.66	12.87	6.86
Dividend Yield	12.55%	14.21%	13.44%	13.98%	13.97%	15.22%	19.63%	17.30%	16.37%	14.66%	12.68%
Earnings Yield	0.00%	0.00%	0.00%	10.53%	9.42%	22.04%	15.99%	18.69%	15.01%	7.77%	14.58%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.82	0.86	0.84	0.90	0.97	0.96	0.99	1.03	0.99
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	9.55	10.40	18.56	20.16	13.48	19.73	17.85	16.01
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	12.29	12.81	0.00	38.86	0.00	96.34	11.14	81.62
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	16.94	17.89	46.71	47.70	39.10	48.69	33.64	39.12
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	16.94	17.89	46.71	47.70	39.10	48.69	33.64	39.12
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	11.45	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.18	3.70
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	1.24	0.71	0.67	0.86	1.72	1.80	0.81	1.66	1.49	1.12
Long-Term Debt to Equity	0.00	1.20	0.64	0.59	0.86	1.56	1.62	0.67	1.52	1.47	0.93
Financial Leverage	0.00	1.24	0.71	0.67	0.86	1.49	1.26	0.74	1.28	1.61	1.45
Leverage Ratio	0.00	1.69	1.72	1.70	1.94	1.83	1.86	1.83	1.93	1.92	2.11
Compound Leverage Factor	0.00	1.69	1.72	1.70	1.94	1.83	1.86	1.83	1.93	1.92	2.11
Debt to Total Capital	0.00%	55.27%	41.41%	39.95%	46.29%	63.27%	64.26%	44.70%	62.36%	59.81%	52.73%
Short-Term Debt to Total Capital	0.00%	1.68%	3.86%	4.80%	0.00%	6.12%	6.42%	7.52%	5.02%	0.78%	8.83%
Long-Term Debt to Total Capital	0.00%	53.60%	37.55%	35.15%	46.29%	57.15%	57.84%	37.19%	57.33%	59.03%	43.90%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	44.73%	58.54%	60.05%	54.19%	36.73%	35.74%	55.30%	37.64%	40.19%	47.27%
Debt to EBITDA	0.00	0.00	0.00	5.74	7.07	-42.52	25.81	-43.35	60.76	6.50	43.54
Net Debt to EBITDA	0.00	0.00	0.00	5.67	6.36	-42.39	25.70	-43.00	60.52	6.47	43.34
Long-Term Debt to EBITDA	0.00	0.00	0.00	5.05	7.07	-38.41	23.24	-36.06	55.87	6.41	36.25
Debt to NOPAT	0.00	0.00	0.00	7.91	9.88	32.88	31.69	18.29	30.71	19.62	20.87
Net Debt to NOPAT	0.00	0.00	0.00	7.82	8.89	32.77	31.55	18.14	30.58	19.54	20.77
Long-Term Debt to NOPAT	0.00	0.00	0.00	6.96	9.88	29.70	28.52	15.22	28.23	19.36	17.38
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	-0.89%	0.00%	0.05%	0.00%	-0.42%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-978	-758	0.00	-804	-307	-511	-153	-443	162	251
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-253.53	-186.07	0.00	-161.67	-50.29	-78.31	-23.51	-68.39	25.29	39.39
Operating Cash Flow to Interest Expense	10.92	-13.16	-0.97	2.14	-7.33	-9.85	3.20	0.89	1.90	9.87	-26.92
Operating Cash Flow Less CapEx to Interest Expense	10.92	-13.16	-0.97	2.14	-7.33	-9.85	3.20	0.89	1.90	9.87	-26.92
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.09	0.08	0.07	0.07	0.07	0.07	0.07	0.06
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	989	767	732	813	1,295	1,287	891	1,268	1,140	1,037
Invested Capital Turnover	0.00	0.00	0.00	0.09	0.16	0.05	0.06	0.08	0.06	0.05	0.06
Increase / (Decrease) in Invested Capital	0.00	989	767	0.00	813	306	520	159	456	-155	-250
Enterprise Value (EV)	0.00	0.00	630	627	681	1,164	1,245	851	1,254	1,170	1,024
Market Capitalization	0.00	0.00	315	338	343	347	421	456	466	490	480
Book Value per Share	$0.00	$13.32	$13.50	$13.14	$13.11	$14.03	$13.57	$13.73	$13.01	$12.49	$13.36
Tangible Book Value per Share	$0.00	$13.32	$13.50	$13.14	$13.11	$14.03	$13.57	$13.73	$13.01	$12.49	$13.36
Total Capital	0.00	989	767	732	813	1,295	1,287	891	1,268	1,140	1,037
Total Debt	0.00	547	317	293	376	819	827	398	791	682	547
Total Long-Term Debt	0.00	530	288	257	376	740	744	331	727	673	455
Net Debt	0.00	544	315	289	338	817	823	395	788	679	544
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	-4.66	8.34	-7.21	4.99	-0.35	-49	3.17	-17	19	-8.19	-37
Net Nonoperating Obligations (NNO)	0.00	547	317	293	376	819	827	398	791	682	547
Total Depreciation and Amortization (D&A)	0.23	11	-2.92	5.59	1.34	-48	47	-31	20	35	-37
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.34	$0.26	$0.29	$0.25	($0.05)	$0.28	$0.15	$0.34	$0.20	$0.03
Adjusted Weighted Average Basic Shares Outstanding	0.00	33.22M	33.32M	33.31M	33.59M	33.82M	34.35M	34.47M	36.69M	36.69M	36.73M
Adjusted Diluted Earnings per Share	$0.00	$0.34	$0.26	$0.29	$0.25	($0.05)	$0.28	$0.15	$0.34	$0.20	$0.03
Adjusted Weighted Average Diluted Shares Outstanding	0.00	33.22M	33.32M	33.31M	33.59M	33.82M	34.35M	34.47M	36.69M	36.69M	36.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	33.23M	33.46M	33.59M	33.90M	33.90M	35.89M	36.69M	36.69M	36.69M	36.84M
Normalized Net Operating Profit after Tax (NOPAT)	5.47	7.99	6.00	6.75	6.29	-0.81	6.82	3.73	8.69	5.10	0.81
Normalized NOPAT Margin	35.28%	47.18%	34.24%	43.01%	41.04%	-5.71%	41.19%	21.76%	55.36%	31.57%	5.42%
Pre Tax Income Margin	47.52%	67.40%	48.91%	61.45%	55.07%	-12.21%	58.84%	31.08%	79.08%	45.10%	7.75%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.95	2.96	2.10	2.32	1.70	-0.28	1.49	0.82	1.92	1.14	0.18
NOPAT to Interest Expense	1.95	2.96	2.10	2.32	1.70	-0.20	1.49	0.82	1.92	1.14	0.18
EBIT Less CapEx to Interest Expense	1.95	2.96	2.10	2.32	1.70	-0.28	1.49	0.82	1.92	1.14	0.18
NOPAT Less CapEx to Interest Expense	1.95	2.96	2.10	2.32	1.70	-0.20	1.49	0.82	1.92	1.14	0.18
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	132.36%	147.65%	68.42%	123.91%	89.16%	103.97%	182.05%	86.81%
Augmented Payout Ratio	0.00%	0.00%	0.00%	132.36%	147.65%	68.42%	123.91%	89.16%	103.97%	182.05%	86.81%

Frequently Asked Questions About Gladstone Investment Co. 5.00% Notes Due 2026's Financials

When does Gladstone Investment Co. 5.00% Notes Due 2026's fiscal year end?

According to the most recent income statement we have on file, Gladstone Investment Co. 5.00% Notes Due 2026's financial year ends in March. Their financial year 2024 ended on March 31, 2024.

How has Gladstone Investment Co. 5.00% Notes Due 2026's net income changed over the last 2 years?

Gladstone Investment Co. 5.00% Notes Due 2026's net income appears to be on a downward trend, with a most recent value of $85.31 million in 2024, falling from $102.32 million in 2022. The previous period was $35.55 million in 2023.

How has Gladstone Investment Co. 5.00% Notes Due 2026 revenue changed over the last 2 years?

Over the last 2 years, Gladstone Investment Co. 5.00% Notes Due 2026's total revenue changed from $59.47 million in 2022 to $63.19 million in 2024, a change of 6.2%.

How much debt does Gladstone Investment Co. 5.00% Notes Due 2026 have?

Gladstone Investment Co. 5.00% Notes Due 2026's total liabilities were at $445.37 million at the end of 2024, a 36.7% increase from 2023, and a 51.2% increase since 2022.

How much cash does Gladstone Investment Co. 5.00% Notes Due 2026 have?

In the past 2 years, Gladstone Investment Co. 5.00% Notes Due 2026's cash and equivalents has ranged from $2.46 million in 2024 to $14.19 million in 2022, and is currently $2.46 million as of their latest financial filing in 2024.

How has Gladstone Investment Co. 5.00% Notes Due 2026's book value per share changed over the last 2 years?

Over the last 2 years, Gladstone Investment Co. 5.00% Notes Due 2026's book value per share changed from 13.43 in 2022 to 13.73 in 2024, a change of 2.2%.

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This page (NASDAQ:GAINN) was last updated on 4/22/2025 by MarketBeat.com Staff

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Gladstone Investment Co. 5.00% Notes Due 2026 (GAINN) Financials

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Gladstone Investment Co. 5.00% Notes Due 2026 (GAINN) Financials

Annual Income Statements for Gladstone Investment Co. 5.00% Notes Due 2026

Quarterly Income Statements for Gladstone Investment Co. 5.00% Notes Due 2026

Annual Cash Flow Statements for Gladstone Investment Co. 5.00% Notes Due 2026

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Quarterly Metrics and Ratios for Gladstone Investment Co. 5.00% Notes Due 2026

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