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Gladstone Investment (GAIN) Financials

Gladstone Investment logo
$14.68 +0.06 (+0.41%)
Closing price 05/23/2025 04:00 PM Eastern
Extended Trading
$14.70 +0.03 (+0.17%)
As of 05/23/2025 07:56 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Gladstone Investment

Annual Income Statements for Gladstone Investment

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

Metric 2024 2023 2022
Period end date 3/31/2024 3/31/2023 3/31/2022
Net Income / (Loss) Attributable to Common Shareholders
85 36 102
Consolidated Net Income / (Loss)
85 36 102
Net Income / (Loss) Continuing Operations
22 37 15
Total Pre-Tax Income
22 37 15
Total Revenue
63 66 59
Net Interest Income / (Expense)
58 44 47
Total Interest Income
82 60 60
Loans and Leases Interest Income
82 60 60
Total Interest Expense
24 16 13
Long-Term Debt Interest Expense
24 16 13
Total Non-Interest Income
5.51 21 13
Investment Banking Income
5.51 21 13
Total Non-Interest Expense
41 29 44
Insurance Policy Acquisition Costs
21 8.88 26
Other Operating Expenses
18 18 16
Other Special Charges
2.31 1.80 -
Other Adjustments to Consolidated Net Income / (Loss)
64 -1.45 87
Preferred Stock Dividends Declared
0.00 0.00 -
Basic Earnings per Share
$0.63 $1.11 $0.45
Weighted Average Basic Shares Outstanding
34.47M 33.31M 33.21M
Diluted Earnings per Share
$0.63 $1.11 $0.45
Weighted Average Diluted Shares Outstanding
34.47M 33.31M 33.21M
Weighted Average Basic & Diluted Shares Outstanding
36.69M 33.59M -
Cash Dividends to Common per Share
$2.20 $1.41 $1.17

Quarterly Income Statements for Gladstone Investment

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

Metric Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022 6/30/2022
Net Income / (Loss) Attributable to Common Shareholders
38 15 -6.53 23 6.58 47 8.79 4.66 16 3.08 12
Consolidated Net Income / (Loss)
38 15 -6.53 23 6.58 47 8.79 4.66 16 3.08 12
Net Income / (Loss) Continuing Operations
1.16 7.29 12 5.32 9.74 -1.73 8.44 9.64 8.57 11 7.37
Total Pre-Tax Income
1.16 7.29 12 5.32 9.74 -1.73 8.44 9.64 8.57 11 7.37
Total Revenue
15 16 16 17 17 14 15 16 18 17 16
Net Interest Income / (Expense)
14 15 14 15 15 14 13 13 12 10 8.96
Total Interest Income
21 21 21 21 22 20 18 17 16 14 13
Loans and Leases Interest Income
21 21 21 21 22 20 18 17 16 14 13
Total Interest Expense
6.39 6.40 6.48 6.52 6.52 6.10 4.97 4.16 4.07 3.86 3.78
Long-Term Debt Interest Expense
6.39 6.40 6.48 6.52 6.52 6.10 4.97 4.16 4.07 3.86 3.78
Total Non-Interest Income
0.84 1.57 1.55 2.22 1.38 0.00 1.91 2.63 5.53 6.56 6.56
Investment Banking Income
0.84 1.57 1.55 2.22 1.38 0.00 1.91 2.63 5.53 6.56 6.56
Total Non-Interest Expense
14 8.88 3.28 12 6.82 16 6.89 6.05 8.95 5.52 8.14
Insurance Policy Acquisition Costs
9.35 2.23 -3.79 5.65 1.67 12 2.19 1.16 3.95 0.77 3.01
Other Operating Expenses
3.78 6.01 6.44 5.56 4.56 3.79 4.15 4.44 4.55 4.30 4.69
Amortization Expense
0.69 0.63 0.63 - 0.59 - - - 0.45 0.45 -
Other Adjustments to Consolidated Net Income / (Loss)
37 8.19 -19 17 -3.17 49 0.35 -4.99 7.21 -8.34 4.66
Basic Earnings per Share
$0.03 $0.20 $0.34 $0.15 $0.28 ($0.05) $0.25 $0.29 $0.26 $0.34 $0.22
Weighted Average Basic Shares Outstanding
36.73M 36.69M 36.69M 34.47M 34.35M 33.82M 33.59M 33.31M 33.32M 33.22M 33.21M
Diluted Earnings per Share
$0.03 $0.20 $0.34 $0.15 $0.28 ($0.05) $0.25 $0.29 $0.26 $0.34 $0.22
Weighted Average Diluted Shares Outstanding
36.73M 36.69M 36.69M 34.47M 34.35M 33.82M 33.59M 33.31M 33.32M 33.22M 33.21M
Weighted Average Basic & Diluted Shares Outstanding
36.84M 36.69M 36.69M 36.69M 35.89M 33.90M 33.90M 33.59M 33.46M 33.23M -

Annual Cash Flow Statements for Gladstone Investment

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

Metric 2024 2023 2022 2021
Period end date 3/31/2024 3/31/2023 3/31/2022 3/31/2021
Net Change in Cash & Equivalents
-0.03 -11 12 -1.66
Net Cash From Operating Activities
-70 -4.50 37 -30
Net Cash From Continuing Operating Activities
-70 -4.50 37 -30
Net Income / (Loss) Continuing Operations
85 36 102 42
Consolidated Net Income / (Loss)
85 36 102 42
Depreciation Expense
-33 12 -75 -14
Amortization Expense
2.31 1.79 1.79 1.73
Non-Cash Adjustments to Reconcile Net Income
-134 -56 -2.97 -54
Changes in Operating Assets and Liabilities, net
9.68 2.27 10 -6.00
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
70 -6.74 -25 28
Net Cash From Continuing Financing Activities
70 -6.74 -25 28
Issuance of Debt
317 103 246 254
Issuance of Common Equity
45 5.49 0.00 1.77
Repayment of Debt
-211 -67 -134 -153
Repurchase of Preferred Equity
0.00 0.00 -94 -58
Payment of Dividends
-76 -47 -39 -31
Other Financing Activities, Net
-5.09 -0.39 -3.43 -5.76
Cash Interest Paid
22 14 9.84 3.17

Quarterly Cash Flow Statements for Gladstone Investment

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

Metric Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022 6/30/2022
Net Change in Cash & Equivalents
0.47 -0.52 -0.03 -0.37 1.00 -35 35 0.40 -0.06 -41 30
Net Cash From Operating Activities
-172 63 12 5.78 21 -60 -36 8.90 -3.96 -51 41
Net Cash From Continuing Operating Activities
-172 63 12 5.78 21 -60 -36 8.90 -3.96 -51 41
Net Income / (Loss) Continuing Operations
38 15 -6.53 23 6.58 47 8.79 4.66 16 3.08 12
Consolidated Net Income / (Loss)
38 15 -6.53 23 6.58 47 8.79 4.66 16 3.08 12
Depreciation Expense
-37 34 19 -32 47 -49 0.81 5.14 -3.37 11 -0.21
Amortization Expense
0.69 0.63 0.63 0.60 0.59 0.59 0.53 0.45 0.45 0.45 0.44
Non-Cash Adjustments to Reconcile Net Income
-182 12 3.31 14 -34 -67 -47 1.76 -19 -64 25
Changes in Operating Assets and Liabilities, net
7.84 1.07 -4.04 0.24 0.73 7.86 0.85 -3.11 2.29 -0.79 3.88
Net Cash From Financing Activities
172 -64 -12 -6.14 -20 25 71 -8.50 3.90 9.38 -12
Net Cash From Continuing Financing Activities
172 -64 -12 -6.14 -20 25 71 -8.50 3.90 9.38 -12
Issuance of Debt
271 32 16 10 105 95 107 20 41 42 0.00
Issuance of Common Equity
2.03 - - 19 21 - - 2.03 3.00 - -
Repayment of Debt
-62 -86 -20 -26 -102 -62 -21 -14 -28 -25 0.00
Payment of Dividends
-34 -8.81 -8.81 -8.68 -43 -12 -12 -16 -12 -7.48 -11
Other Financing Activities, Net
-4.30 -0.07 -0.25 -1.12 -1.19 -0.07 -2.71 -0.02 -0.08 -0.21 -0.08
Cash Interest Paid
5.47 6.30 6.14 6.39 6.35 5.22 4.02 3.77 3.59 3.41 3.33

Annual Balance Sheets for Gladstone Investment

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

Metric 2024 2023 2022
Period end date 3/31/2024 3/31/2023 3/31/2022
Total Assets
938 766 740
Cash and Due from Banks
2.46 2.68 14
Restricted Cash
0.76 0.57 0.31
Trading Account Securities
921 754 716
Loans and Leases, Net of Allowance
0.00 0.00 0.00
Deferred Acquisition Cost
1.64 0.43 0.90
Other Assets
9.29 8.42 4.22
Total Liabilities & Shareholders' Equity
938 766 972
Total Liabilities
445 326 295
Short-Term Debt
67 35 0.00
Accrued Interest Payable
3.47 2.31 2.19
Long-Term Debt
331 257 523
Other Long-Term Liabilities
44 31 1.13
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
493 440 446
Total Preferred & Common Equity
493 440 446
Total Common Equity
493 440 446
Common Stock
445 402 398
Retained Earnings
48 38 48

Quarterly Balance Sheets for Gladstone Investment

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

Metric Q3 2025 Q2 2025 Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023
Period end date 12/31/2024 9/30/2024 6/30/2024 12/31/2023 9/30/2023 6/30/2023 12/31/2022 9/30/2022
Total Assets
1,088 869 914 918 928 847 772 749
Cash and Due from Banks
2.57 2.03 2.44 2.82 2.09 37 1.98 2.56
Trading Account Securities
1,072 892 937 941 954 - - 739
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
1.18 1.36 1.54 1.07 0.24 0.37 0.57 0.70
Other Assets
7.90 8.88 8.69 8.01 6.78 44 44 4.85
Total Liabilities & Shareholders' Equity
1,088 1,248 1,346 1,369 1,376 876 772 994
Total Liabilities
598 410 437 458 453 411 322 306
Short-Term Debt
92 8.90 64 83 79 - 30 17
Accrued Interest Payable
3.75 3.24 3.46 3.55 3.49 2.92 2.30 2.21
Long-Term Debt
455 673 727 744 740 376 288 530
Other Long-Term Liabilities
47 104 74 79 77 61 2.63 2.14
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
490 458 477 460 476 436 449 442
Total Preferred & Common Equity
490 458 477 460 476 436 449 442
Total Common Equity
490 458 477 460 476 440 449 442
Common Stock
446 444 445 426 406 435 438 397
Retained Earnings
44 14 33 34 70 - - 45

Annual Metrics And Ratios for Gladstone Investment

This table displays calculated financial ratios and metrics derived from Gladstone Investment's official financial filings.

Metric 2024 2023 2022
Period end date 3/31/2024 3/31/2023 3/31/2022
Growth Metrics
- - -
Revenue Growth
-3.78% 10.41% 13.96%
EBITDA Growth
-118.02% 187.76% -1,111.26%
EBIT Growth
-41.14% 146.83% -16.43%
NOPAT Growth
-41.14% 146.83% -16.43%
Net Income Growth
139.98% -65.26% 141.00%
EPS Growth
-43.24% 146.67% -16.67%
Operating Cash Flow Growth
-1,452.80% -112.31% 223.10%
Free Cash Flow Firm Growth
-150.13% 128.65% 0.00%
Invested Capital Growth
21.67% -24.39% 0.00%
Revenue Q/Q Growth
2.32% 0.00% 0.00%
EBITDA Q/Q Growth
-128.69% 0.00% 0.00%
EBIT Q/Q Growth
-16.56% 0.00% 0.00%
NOPAT Q/Q Growth
-16.56% 0.00% 0.00%
Net Income Q/Q Growth
26.60% 0.00% 0.00%
EPS Q/Q Growth
-18.18% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
-4.67% 72.02% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
-30.76% 0.00% 0.00%
Profitability Metrics
- - -
EBITDA Margin
-14.54% 77.66% -97.70%
EBIT Margin
34.47% 56.35% 25.20%
Profit (Net Income) Margin
135.01% 54.13% 172.03%
Tax Burden Percent
391.72% 96.07% 682.56%
Interest Burden Percent
100.00% 100.00% 100.00%
Effective Tax Rate
0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
2.68% 4.35% 3.10%
ROIC Less NNEP Spread (ROIC-NNEP)
21.07% 3.99% 36.51%
Return on Net Nonoperating Assets (RNNOA)
15.61% 3.68% 42.80%
Return on Equity (ROE)
18.30% 8.03% 45.90%
Cash Return on Invested Capital (CROIC)
-16.87% 32.12% -196.90%
Operating Return on Assets (OROA)
2.56% 4.91% 2.02%
Return on Assets (ROA)
10.01% 4.72% 13.82%
Return on Common Equity (ROCE)
18.30% 8.03% 45.90%
Return on Equity Simple (ROE_SIMPLE)
17.31% 8.08% 22.95%
Net Operating Profit after Tax (NOPAT)
22 37 15
NOPAT Margin
34.47% 56.35% 25.20%
Net Nonoperating Expense Percent (NNEP)
-18.39% 0.36% -33.41%
SG&A Expenses to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
65.53% 43.65% 74.80%
Earnings before Interest and Taxes (EBIT)
22 37 15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-9.19 51 -58
Valuation Ratios
- - -
Price to Book Value (P/BV)
0.93 0.77 0.00
Price to Tangible Book Value (P/TBV)
0.93 0.77 0.00
Price to Revenue (P/Rev)
7.22 5.14 0.00
Price to Earnings (P/E)
5.35 9.49 0.00
Dividend Yield
17.30% 13.98% 10.54%
Earnings Yield
18.69% 10.53% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.96 0.86 0.00
Enterprise Value to Revenue (EV/Rev)
13.48 9.55 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 12.29 0.00
Enterprise Value to EBIT (EV/EBIT)
39.10 16.94 0.00
Enterprise Value to NOPAT (EV/NOPAT)
39.10 16.94 0.00
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
0.81 0.67 1.17
Long-Term Debt to Equity
0.67 0.59 1.17
Financial Leverage
0.74 0.92 1.17
Leverage Ratio
1.83 1.70 1.66
Compound Leverage Factor
1.83 1.70 1.66
Debt to Total Capital
44.70% 39.95% 53.97%
Short-Term Debt to Total Capital
7.52% 4.80% 0.00%
Long-Term Debt to Total Capital
37.19% 35.15% 53.97%
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
55.30% 60.05% 46.03%
Debt to EBITDA
-43.35 5.74 -9.00
Net Debt to EBITDA
-43.00 5.67 -8.75
Long-Term Debt to EBITDA
-36.06 5.05 -9.00
Debt to NOPAT
18.29 7.91 34.87
Net Debt to NOPAT
18.14 7.82 33.90
Long-Term Debt to NOPAT
15.22 6.96 34.87
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00%
Liquidity Ratios
- - -
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-137 273 -954
Operating Cash Flow to CapEx
0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense
-5.68 17.21 -72.91
Operating Cash Flow to Interest Expense
-2.90 -0.28 2.80
Operating Cash Flow Less CapEx to Interest Expense
-2.90 -0.28 2.80
Efficiency Ratios
- - -
Asset Turnover
0.07 0.09 0.08
Fixed Asset Turnover
0.00 0.00 0.00
Capital & Investment Metrics
- - -
Invested Capital
891 732 969
Invested Capital Turnover
0.08 0.08 0.12
Increase / (Decrease) in Invested Capital
159 -236 969
Enterprise Value (EV)
851 627 0.00
Market Capitalization
456 338 0.00
Book Value per Share
$13.73 $13.14 $13.43
Tangible Book Value per Share
$13.73 $13.14 $13.43
Total Capital
891 732 969
Total Debt
398 293 523
Total Long-Term Debt
331 257 523
Net Debt
395 289 508
Capital Expenditures (CapEx)
0.00 0.00 0.00
Net Nonoperating Expense (NNE)
-64 1.45 -87
Net Nonoperating Obligations (NNO)
398 293 523
Total Depreciation and Amortization (D&A)
-31 14 -73
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$0.63 $1.11 $0.00
Adjusted Weighted Average Basic Shares Outstanding
34.47M 33.31M 0.00
Adjusted Diluted Earnings per Share
$0.63 $1.11 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
34.47M 33.31M 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
36.69M 33.59M 0.00
Normalized Net Operating Profit after Tax (NOPAT)
17 27 10
Normalized NOPAT Margin
26.68% 41.36% 17.64%
Pre Tax Income Margin
34.47% 56.35% 25.20%
Debt Service Ratios
- - -
EBIT to Interest Expense
0.90 2.33 1.15
NOPAT to Interest Expense
0.90 2.33 1.15
EBIT Less CapEx to Interest Expense
0.90 2.33 1.15
NOPAT Less CapEx to Interest Expense
0.90 2.33 1.15
Payout Ratios
- - -
Dividend Payout Ratio
89.16% 132.36% 37.97%
Augmented Payout Ratio
89.16% 132.36% 37.97%

Quarterly Metrics And Ratios for Gladstone Investment

This table displays calculated financial ratios and metrics derived from Gladstone Investment's official financial filings.

Metric Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022 6/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-9.51% 14.06% 2.43% 9.11% -5.47% -16.32% -1.21% 0.00% -4.13% -6.83% 0.00%
EBITDA Growth
-162.29% 184.16% 226.97% -270.57% 907.77% -321.92% 28.69% 0.00% -80.47% 939.49% 0.00%
EBIT Growth
-88.09% 521.45% 47.09% -44.81% 13.71% -115.15% 14.50% 0.00% 2.02% 427.30% 0.00%
NOPAT Growth
-88.09% 702.06% 47.09% -44.81% 13.71% -110.61% 14.50% 0.00% 2.02% 427.30% 0.00%
Net Income Growth
485.04% -67.31% -174.28% 384.84% -58.31% 1,440.03% -27.00% 0.00% 52.51% -89.07% 0.00%
EPS Growth
-89.29% 500.00% 36.00% -48.28% 7.69% -114.71% 13.64% 0.00% 4.00% 385.71% 0.00%
Operating Cash Flow Growth
-923.54% 205.03% 133.81% -35.07% 626.97% -18.48% -188.22% 430.40% -108.69% 0.00% 0.00%
Free Cash Flow Firm Growth
149.26% 152.73% 44.89% 0.00% 32.65% 68.61% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Growth
-19.45% -11.94% 56.06% 21.67% 67.87% 30.91% 0.00% 0.00% 0.00% 0.00% 0.00%
Revenue Q/Q Growth
-7.30% 2.98% -8.33% 3.41% 16.85% -7.52% -2.35% -10.42% 3.44% 9.19% 0.00%
EBITDA Q/Q Growth
-184.40% 31.40% 223.07% -145.63% 214.05% -610.50% -35.79% 169.59% -74.89% 196.04% 0.00%
EBIT Q/Q Growth
-84.08% -41.27% 133.21% -45.37% 663.24% -120.50% -12.48% 12.55% -24.94% 54.88% 0.00%
NOPAT Q/Q Growth
-84.08% -41.27% 133.21% -45.37% 904.62% -114.35% -12.48% 12.55% -24.94% 54.88% 0.00%
Net Income Q/Q Growth
148.61% 337.24% -128.90% 243.27% -86.11% 438.99% 88.62% -70.48% 413.14% -74.45% 0.00%
EPS Q/Q Growth
-85.00% -41.18% 126.67% -46.43% 660.00% -120.00% -13.79% 11.54% -23.53% 54.55% 0.00%
Operating Cash Flow Q/Q Growth
-372.08% 412.65% 113.20% -72.31% 134.70% -65.00% -509.47% 324.77% 92.20% -222.86% 1,633.48%
Free Cash Flow Firm Q/Q Growth
55.38% 136.52% -188.91% 69.96% -66.34% 61.83% 0.00% 100.00% 22.48% 0.00% 0.00%
Invested Capital Q/Q Growth
-9.10% -10.07% 42.32% -30.76% -0.62% 59.37% 10.96% -4.47% -22.51% 0.00% 0.00%
Profitability Metrics
- - - - - - - - - - -
EBITDA Margin
-236.73% 260.00% 203.76% -151.77% 343.93% -352.37% 63.83% 97.08% 32.26% 132.87% 49.00%
EBIT Margin
7.75% 45.10% 79.08% 31.08% 58.84% -12.21% 55.07% 61.45% 48.91% 67.40% 47.52%
Profit (Net Income) Margin
256.84% 95.77% -41.57% 131.88% 39.73% 334.13% 57.33% 29.68% 90.06% 18.15% 77.58%
Tax Burden Percent
3,315.25% 212.34% -52.57% 424.27% 67.52% -2,737.34% 104.10% 48.30% 184.14% 26.94% 163.28%
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)
0.43% 2.43% 4.83% 2.42% 3.54% -0.47% 8.88% 5.51% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
5.86% 3.52% 1.58% 7.42% 2.99% 6.64% 9.06% 3.81% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
8.48% 5.66% 2.02% 5.50% 3.76% 9.88% 7.81% 2.53% 0.00% 0.00% 0.00%
Return on Equity (ROE)
8.90% 8.08% 6.86% 7.91% 7.30% 9.41% 16.68% 8.04% 0.00% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)
23.80% 15.55% -41.31% -16.87% 0.00% 0.00% 0.00% 37.30% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
0.49% 3.29% 5.71% 2.31% 4.30% -0.91% 4.26% 5.36% 0.00% 0.00% 0.00%
Return on Assets (ROA)
16.39% 6.99% -3.00% 9.78% 2.90% 24.99% 4.43% 2.59% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)
8.90% 8.08% 6.88% 7.91% 7.29% 9.41% 16.83% 8.04% 0.00% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)
14.29% 8.32% 14.66% 0.00% 14.65% 16.10% 7.40% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
1.16 7.29 12 5.32 9.74 -1.21 8.44 9.64 8.57 11 7.37
NOPAT Margin
7.75% 45.10% 79.08% 31.08% 58.84% -8.54% 55.07% 61.45% 48.91% 67.40% 47.52%
Net Nonoperating Expense Percent (NNEP)
-5.44% -1.09% 3.25% -5.00% 0.55% -7.11% -0.18% 1.70% -4.54% 3.05% 0.00%
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
92.25% 54.90% 20.92% 68.92% 41.16% 112.21% 44.93% 38.55% 51.09% 32.60% 52.49%
Earnings before Interest and Taxes (EBIT)
1.16 7.29 12 5.32 9.74 -1.73 8.44 9.64 8.57 11 7.37
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-35 42 32 -26 57 -50 9.78 15 5.65 23 7.60
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.98 1.07 0.98 0.93 0.92 0.73 0.78 0.77 0.70 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.98 1.07 0.98 0.93 0.92 0.73 0.78 0.77 0.70 0.00 0.00
Price to Revenue (P/Rev)
7.51 7.48 7.34 7.22 6.82 5.54 5.23 5.14 0.00 0.00 0.00
Price to Earnings (P/E)
6.86 12.87 6.66 5.35 6.25 4.54 10.61 9.49 0.00 0.00 0.00
Dividend Yield
12.68% 14.66% 16.37% 17.30% 19.63% 15.22% 13.97% 13.98% 13.44% 14.21% 12.55%
Earnings Yield
14.58% 7.77% 15.01% 18.69% 15.99% 22.04% 9.42% 10.53% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.99 1.03 0.99 0.96 0.97 0.90 0.84 0.86 0.82 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
16.01 17.85 19.73 13.48 20.16 18.56 10.40 9.55 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
81.62 11.14 96.34 0.00 38.86 0.00 12.81 12.29 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
39.12 33.64 48.69 39.10 47.70 46.71 17.89 16.94 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
39.12 33.64 48.69 39.10 47.70 46.71 17.89 16.94 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 11.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
3.70 6.18 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
1.12 1.49 1.66 0.81 1.80 1.72 0.86 0.67 0.71 1.24 0.00
Long-Term Debt to Equity
0.93 1.47 1.52 0.67 1.62 1.56 0.86 0.59 0.64 1.20 0.00
Financial Leverage
1.45 1.61 1.28 0.74 1.26 1.49 0.86 0.67 0.71 1.24 0.00
Leverage Ratio
2.11 1.92 1.93 1.83 1.86 1.83 1.94 1.70 1.72 1.69 0.00
Compound Leverage Factor
2.11 1.92 1.93 1.83 1.86 1.83 1.94 1.70 1.72 1.69 0.00
Debt to Total Capital
52.73% 59.81% 62.36% 44.70% 64.26% 63.27% 46.29% 39.95% 41.41% 55.27% 0.00%
Short-Term Debt to Total Capital
8.83% 0.78% 5.02% 7.52% 6.42% 6.12% 0.00% 4.80% 3.86% 1.68% 0.00%
Long-Term Debt to Total Capital
43.90% 59.03% 57.33% 37.19% 57.84% 57.15% 46.29% 35.15% 37.55% 53.60% 0.00%
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
47.27% 40.19% 37.64% 55.30% 35.74% 36.73% 54.19% 60.05% 58.54% 44.73% 0.00%
Debt to EBITDA
43.54 6.50 60.76 -43.35 25.81 -42.52 7.07 5.74 0.00 0.00 0.00
Net Debt to EBITDA
43.34 6.47 60.52 -43.00 25.70 -42.39 6.36 5.67 0.00 0.00 0.00
Long-Term Debt to EBITDA
36.25 6.41 55.87 -36.06 23.24 -38.41 7.07 5.05 0.00 0.00 0.00
Debt to NOPAT
20.87 19.62 30.71 18.29 31.69 32.88 9.88 7.91 0.00 0.00 0.00
Net Debt to NOPAT
20.77 19.54 30.58 18.14 31.55 32.77 8.89 7.82 0.00 0.00 0.00
Long-Term Debt to NOPAT
17.38 19.36 28.23 15.22 28.52 29.70 9.88 6.96 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% -0.42% 0.00% 0.05% 0.00% -0.89% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
251 162 -443 -153 -511 -307 -804 0.00 -758 -978 0.00
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
39.39 25.29 -68.39 -23.51 -78.31 -50.29 -161.67 0.00 -186.07 -253.53 0.00
Operating Cash Flow to Interest Expense
-26.92 9.87 1.90 0.89 3.20 -9.85 -7.33 2.14 -0.97 -13.16 10.92
Operating Cash Flow Less CapEx to Interest Expense
-26.92 9.87 1.90 0.89 3.20 -9.85 -7.33 2.14 -0.97 -13.16 10.92
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.06 0.07 0.07 0.07 0.07 0.07 0.08 0.09 0.00 0.00 0.00
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
1,037 1,140 1,268 891 1,287 1,295 813 732 767 989 0.00
Invested Capital Turnover
0.06 0.05 0.06 0.08 0.06 0.05 0.16 0.09 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital
-250 -155 456 159 520 306 813 0.00 767 989 0.00
Enterprise Value (EV)
1,024 1,170 1,254 851 1,245 1,164 681 627 630 0.00 0.00
Market Capitalization
480 490 466 456 421 347 343 338 315 0.00 0.00
Book Value per Share
$13.36 $12.49 $13.01 $13.73 $13.57 $14.03 $13.11 $13.14 $13.50 $13.32 $0.00
Tangible Book Value per Share
$13.36 $12.49 $13.01 $13.73 $13.57 $14.03 $13.11 $13.14 $13.50 $13.32 $0.00
Total Capital
1,037 1,140 1,268 891 1,287 1,295 813 732 767 989 0.00
Total Debt
547 682 791 398 827 819 376 293 317 547 0.00
Total Long-Term Debt
455 673 727 331 744 740 376 257 288 530 0.00
Net Debt
544 679 788 395 823 817 338 289 315 544 0.00
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)
-37 -8.19 19 -17 3.17 -49 -0.35 4.99 -7.21 8.34 -4.66
Net Nonoperating Obligations (NNO)
547 682 791 398 827 819 376 293 317 547 0.00
Total Depreciation and Amortization (D&A)
-37 35 20 -31 47 -48 1.34 5.59 -2.92 11 0.23
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.03 $0.20 $0.34 $0.15 $0.28 ($0.05) $0.25 $0.29 $0.26 $0.34 $0.00
Adjusted Weighted Average Basic Shares Outstanding
36.73M 36.69M 36.69M 34.47M 34.35M 33.82M 33.59M 33.31M 33.32M 33.22M 0.00
Adjusted Diluted Earnings per Share
$0.03 $0.20 $0.34 $0.15 $0.28 ($0.05) $0.25 $0.29 $0.26 $0.34 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
36.73M 36.69M 36.69M 34.47M 34.35M 33.82M 33.59M 33.31M 33.32M 33.22M 0.00
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
36.84M 36.69M 36.69M 36.69M 35.89M 33.90M 33.90M 33.59M 33.46M 33.23M 0.00
Normalized Net Operating Profit after Tax (NOPAT)
0.81 5.10 8.69 3.73 6.82 -0.81 6.29 6.75 6.00 7.99 5.47
Normalized NOPAT Margin
5.42% 31.57% 55.36% 21.76% 41.19% -5.71% 41.04% 43.01% 34.24% 47.18% 35.28%
Pre Tax Income Margin
7.75% 45.10% 79.08% 31.08% 58.84% -12.21% 55.07% 61.45% 48.91% 67.40% 47.52%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.18 1.14 1.92 0.82 1.49 -0.28 1.70 2.32 2.10 2.96 1.95
NOPAT to Interest Expense
0.18 1.14 1.92 0.82 1.49 -0.20 1.70 2.32 2.10 2.96 1.95
EBIT Less CapEx to Interest Expense
0.18 1.14 1.92 0.82 1.49 -0.28 1.70 2.32 2.10 2.96 1.95
NOPAT Less CapEx to Interest Expense
0.18 1.14 1.92 0.82 1.49 -0.20 1.70 2.32 2.10 2.96 1.95
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
86.81% 182.05% 103.97% 89.16% 123.91% 68.42% 147.65% 132.36% 0.00% 0.00% 0.00%
Augmented Payout Ratio
86.81% 182.05% 103.97% 89.16% 123.91% 68.42% 147.65% 132.36% 0.00% 0.00% 0.00%

Frequently Asked Questions About Gladstone Investment's Financials

When does Gladstone Investment's fiscal year end?

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

How has Gladstone Investment's net income changed over the last 2 years?

Gladstone Investment'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. View Gladstone Investment's forecast to see where analysts expect Gladstone Investment to go next.

How has Gladstone Investment revenue changed over the last 2 years?

Over the last 2 years, Gladstone Investment'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 have?

Gladstone Investment'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 have?

In the past 2 years, Gladstone Investment'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's book value per share changed over the last 2 years?

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



This page (NASDAQ:GAIN) was last updated on 5/24/2025 by MarketBeat.com Staff
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