Gladstone Investment Balance Sheet Health
Financial Health criteria checks 0/6
Gladstone Investment has a total shareholder equity of $459.9M and total debt of $413.5M, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are $917.6M and $457.7M respectively. Gladstone Investment's EBIT is $50.0M making its interest coverage ratio 2.1. It has cash and short-term investments of $2.8M.
Key information
89.9%
Debt to equity ratio
US$413.50m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$2.82m |
| Equity | US$459.94m |
| Total liabilities | US$457.68m |
| Total assets | US$917.62m |
Recent financial health updates
No updates
Recent updates
Gladstone 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 23Gladstone Investment partners with Aureus Capital for vacation rental deal
Jun 086%-Yielding Gladstone Investment: Not Your Typical BDC
Apr 28Gladstone Investment EPS beats by $0.04, beats on revenue
Feb 02Gladstone Investment declares $0.07 dividend
Jan 12Gladstone Investment exits its investment in Frontier Packaging
Jan 04Gladstone Investment records capital gain on portfolio company recapitalization
Dec 21Combine Gladstone Investment And Its Preferreds For A Stable Monthly Income
Nov 26The Reason I'm Upgrading Gladstone Investment's Outlook
Nov 16Financial Position Analysis
Short Term Liabilities: GAIN's short term assets ($13.0M) do not cover its short term liabilities ($43.4M).
Long Term Liabilities: GAIN's short term assets ($13.0M) do not cover its long term liabilities ($414.3M).
Debt to Equity History and Analysis
Debt Level: GAIN's net debt to equity ratio (89.3%) is considered high.
Reducing Debt: GAIN's debt to equity ratio has increased from 44.6% to 89.9% 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 (2.1x coverage).