Saratoga Investment Corp 8.50% (SAZ) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 24.43B | 61.47M | 114.56M | 139.86M | 156.01M | 155.4M | 94.99M | 43.45M | 19.33M | 30.99M | 27.7M | 30.18M | 74.27M | 14.85M | 8.47M | 100.73M | 52.8M | 125.81M | 65.75M | 10.39M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 3.1K | 30.17 | 28.49 | 25.26 | 40.14 | 33.3 | 34.37 | 44.5 | 41.55 | 71.62 | 33.99 | 56 | 23.54 | 40.08 | 43.48 | 68.55 | 28.39 | 31.51 | 39.1 | 28.51 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 365.15B | 1.14B | 1.09B | 1.06B | 1.04B | 1.06B | 1.12B | 1.16B | 1.17B | 1.14B | 1.13B | 1.12B | 1B | 1.02B | 964.56M | 901.3M | 823.43M | 685.9M | 680.06M | 698.28M |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.11B | 0 | 0 | 968.32M | 978.08M | 960.09M | 1.04B | 1.1B | 1.14B | 1.11B | 1.1B | 1.08B | 972.59M | 982.03M | 954.66M | 894.53M | 817.57M | 661.79M | 666.1M | 677.77M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 389.58B | 1.2B | 1.21B | 1.2B | 1.19B | 1.22B | 1.21B | 1.2B | 1.19B | 1.17B | 1.16B | 1.15B | 1.08B | 1.04B | 973.03M | 1B | 876.24M | 811.71M | 745.81M | 708.67M |
| Asset Turnover | 0.00x | 0.02x | 0.02x | 0.02x | 0.01x | 0.02x | 0.02x | 0.02x | 0.02x | 0.01x | 0.02x | 0.01x | 0.03x | 0.02x | 0.01x | 0.01x | 0.02x | 0.02x | 0.03x | 0.04x |
| Asset Growth % | 32595.56% | -1.88% | -0.7% | 0.04% | 0.03% | 4.12% | 5.05% | 4.85% | 10.49% | 12.78% | 18.84% | 14.39% | 23.04% | 28% | 30.47% | 41.4% | 47.98% | 38.5% | 28.85% | 37.88% |
| Total Current Liabilities | 293.33B | 6.74M | 7.08M | 12.9M | 5.59M | 8.38M | 5.5M | 6.26M | 4.92M | 6.7M | 5.2M | 6.38M | 5.12M | 6.21M | 4.26M | 6.15M | 3.6M | 5.06M | 5.23M | 3.75M |
| Accounts Payable | 5.68M | 6.74M | 7.08M | 12.9M | 5.59M | 8.38M | 5.5M | 6.26M | 4.92M | 6.7M | 5.2M | 6.38M | 5.12M | 6.21M | 4.26M | 6.15M | 3.6M | 5.06M | 5.23M | 3.75M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 293.33B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | -12.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.08x | 9.12x | 16.19x | 10.84x | 27.93x | 18.55x | 17.28x | 6.94x | 3.93x | 4.63x | 5.33x | 4.73x | 14.51x | 2.39x | 1.99x | 16.38x | 14.67x | 24.88x | 12.57x | 2.77x |
| Quick Ratio | 0.08x | 9.12x | 16.19x | 10.84x | 27.93x | 18.55x | 17.28x | 6.94x | 3.93x | 4.63x | 5.33x | 4.73x | 14.51x | 2.39x | 1.99x | 16.38x | 14.67x | 24.88x | 12.57x | 2.77x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 200.38B | 777.02M | 788.64M | 793M | 793.29M | 836.68M | 837.15M | 827.67M | 816.06M | 805.44M | 789.04M | 802.38M | 726.08M | 696.99M | 631.56M | 650.65M | 516.86M | 464.05M | 416.47M | 384.58M |
| Long-Term Debt | 725.65M | 764.68M | 776.8M | 780.58M | 781.82M | 823.78M | 822.55M | 814.59M | 803.67M | 793.63M | 776.7M | 789.59M | 711.13M | 685.16M | 620.02M | 637.56M | 498.88M | 447.8M | 401.22M | 371.21M |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 493.7B | 783.76M | 795.71M | 805.9M | 798.88M | 845.05M | 842.65M | 833.93M | 820.98M | 812.14M | 794.23M | 808.76M | 731.2M | 703.2M | 635.82M | 656.8M | 520.46M | 469.11M | 421.7M | 388.33M |
| Total Debt | 764.68M | 764.68M | 776.8M | 780.58M | 781.82M | 823.78M | 822.55M | 814.59M | 803.67M | 793.63M | 776.7M | 789.59M | 711.13M | 685.16M | 620.02M | 637.56M | 498.88M | 447.8M | 401.22M | 371.21M |
| Net Debt | 712.39M | 712.39M | 671.14M | 649.01M | 633.6M | 676.16M | 737.98M | 782.36M | 794.98M | 772.24M | 757.4M | 767.6M | 645.38M | 679.49M | 616.95M | 542.62M | 451.62M | 326.91M | 340.96M | 370.89M |
| Debt / Equity | 1.93x | 1.85x | 1.89x | 1.97x | 1.99x | 2.20x | 2.21x | 2.21x | 2.17x | 2.21x | 2.15x | 2.34x | 2.05x | 2.04x | 1.84x | 1.85x | 1.40x | 1.31x | 1.24x | 1.16x |
| Debt / EBITDA | 75.84x | 64.01x | 0.62x | 55.59x | 331.65x | 91.55x | 60.49x | 116.19x | 107.07x | - | 98.57x | - | 33.95x | 113.65x | 575.85x | - | 54.26x | 54.17x | 41.15x | 17.42x |
| Net Debt / EBITDA | 70.65x | 59.64x | 0.53x | 46.22x | 268.78x | 75.14x | 54.27x | 111.59x | 105.91x | - | 96.12x | - | 30.81x | 112.71x | 573.00x | - | 49.12x | 39.55x | 34.97x | 17.41x |
| Interest Coverage | 0.80x | 1.00x | 1.04x | 1.13x | 0.18x | 0.69x | 1.04x | 0.54x | 0.60x | -0.27x | 0.63x | -0.02x | 2.04x | 0.71x | 0.14x | -0.19x | 1.67x | 1.71x | 1.88x | 4.91x |
| Total Equity | 396.16M | 413.21M | 410.5M | 396.37M | 392.67M | 374.87M | 372.05M | 367.86M | 370.22M | 359.56M | 362.08M | 337.45M | 346.96M | 335.76M | 337.21M | 345.24M | 355.78M | 342.6M | 324.11M | 320.34M |
| Equity Growth % | 0.89% | 10.23% | 10.33% | 7.75% | 6.06% | 4.26% | 2.75% | 9.01% | 6.71% | 7.09% | 7.37% | -2.25% | -2.48% | -2% | 4.04% | 7.77% | 16.96% | 14.26% | 8.7% | 13.75% |
| Book Value per Share | 24.99 | 25.65 | 26.02 | 25.83 | 26.84 | 27.18 | 27.11 | 26.88 | 27.18 | 27.55 | 29.78 | 28.45 | 29.20 | 28.23 | 28.19 | 28.50 | 29.55 | 29.92 | 29.00 | 28.68 |
| Total Shareholders' Equity | 396.16M | 413.21M | 410.5M | 396.37M | 392.67M | 374.87M | 372.05M | 367.86M | 370.22M | 359.56M | 362.08M | 337.45M | 346.96M | 335.76M | 337.21M | 345.24M | 355.78M | 342.6M | 324.11M | 320.34M |
| Common Stock | 16.22K | 16.14K | 16.03K | 15.53K | 15.18K | 13.91K | 13.75K | 13.7K | 13.65K | 13.12K | 12.73K | 11.85K | 11.89K | 11.88K | 11.93K | 12.03K | 12.13K | 11.75K | 11.19K | 11.16K |
| Retained Earnings | -43.06M | -23.9M | -23.82M | -25.31M | -20.26M | -2.38M | -1.05M | -4.23M | -870.75K | 2.85M | 16.19M | 16.65M | 25.05M | 13.95M | 14.37M | 19.79M | 27.71M | 21.03M | 18.58M | 15.55M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |