Gladstone Investment Balance Sheet Health
Financial Health criteria checks 0/6
Gladstone Investment has a total shareholder equity of $490.1M and total debt of $546.6M, which brings its debt-to-equity ratio to 111.5%. Its total assets and total liabilities are $1.1B and $597.7M respectively. Gladstone Investment's EBIT is $53.9M making its interest coverage ratio 1.9. It has cash and short-term investments of $2.6M.
Key information
111.5%
Debt to equity ratio
US$546.56m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$2.57m |
| Equity | US$490.05m |
| Total liabilities | US$597.71m |
| Total assets | US$1.09b |
Recent financial health updates
No updates
Recent updates
Yield Hunting Part 13: GAIN's Baby Bond Gives Us 7%+ YTM
Mar 20Gladstone Investment: Shrinking Earnings Offset By Increased Investment Activity
Feb 16Gladstone Investment: Q2 Results Lack Any Meaningful Improvements
Nov 09Assessing Gladstone Investment's Performance For Q2 2024
Oct 02Gladstone Investment: Stagnating Price With Increasing Value Creation Potential
Sep 23Gladstone Investment: Valuation Becomes Attractive Again, Long-Term Income Opportunity
Sep 01Gladstone Investment: Smart Managers, And Very Cheap BDC
Jul 25Gladstone Investment: Solid 6.8% Yielding BDC For Retirees Seeking Income
Jun 05Gladstone Investment: The Decrease In Dividend Coverage Is Not A Reason To Sell
May 19Gladstone Investment: 7% Yield, Special Dividends, Re-Rating Potential
Apr 09Gladstone Investment: Resilient And More Attractive After Q3 Report
Feb 12Gladstone Investment raises monthly dividend by 6.7% to $0.08/share
Oct 11Gladstone Investment Q1 2023 Earnings Preview
Aug 02Gladstone Investment declares $0.075 dividend
Jul 18Gladstone Investment acquires Dema Plumbing for undisclosed amount
Jul 06Gladstone Investment: Gain An 8% Yield With This Sturdy BDC
May 31Solid 8% Yield Investing In American Small Businesses: Gladstone
Mar 13Gladstone Investment: The Difference Is In The Details
Feb 06Try Gladstone Investment For Solid Monthly Gains
Jan 23MAIN And GAIN: Solid Results Reinforce Why These Are Worthy Investments
Nov 23Financial Position Analysis
Short Term Liabilities: GAIN's short term assets ($13.5M) do not cover its short term liabilities ($50.6M).
Long Term Liabilities: GAIN's short term assets ($13.5M) do not cover its long term liabilities ($547.1M).
Debt to Equity History and Analysis
Debt Level: GAIN's net debt to equity ratio (111%) is considered high.
Reducing Debt: GAIN's debt to equity ratio has increased from 33.7% to 111.5% over the past 5 years.
Debt Coverage: GAIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GAIN's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/11 11:39 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Gladstone Investment Corporation is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bryce Rowe | B. Riley Securities, Inc. |
| Bryce Rowe | B. Riley Wealth |
| David West | Davenport & Company |