Gladstone Investment Corporation 4.875% Notes due 2028
Financial ratios & Valuation

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
3.928.546.135.374.74-14.749.555.2312.415.6612.664.74
Price/Sales ratio
3.877.295.554.983.9032.228.325.4013.516.114.063.90
Price/Book Value ratio
0.720.760.910.920.950.691.061.201.000.981.050.95
Price/Cash Flow ratio
-2.0252.058.45-11.304.137.30-13.6414.63-97.99-6.914.544.13
Price/Free Cash Flow ratio
-2.0252.058.45-11.304.137.30-13.6414.63-97.99-6.914.544.13
Price/Earnings Growth ratio
-0.00-0.150.070.190.140.12-0.020.03-0.190.04-2.240.12
Dividend Yield
10.43%10.68%8.26%8.87%7.88%13.14%7.60%7.25%10.65%15.72%7.29%13.14%
Profitability Indicator Ratios
Gross Profit Margin
109.81%54.80%75.12%109.60%68.95%15.00%59.85%63.91%33.61%104.77%79.51%68.95%
Operating Profit Margin
105.64%99.55%97.78%99.07%102.02%37.79%91.89%119.57%157.47%60.97%58.11%37.79%
Pretax Profit Margin
98.68%85.29%90.62%92.89%82.22%-90.35%91.89%106.38%108.85%107.91%32.10%-90.35%
Net Profit Margin
98.68%85.29%90.62%92.89%82.22%-218.51%87.12%103.19%108.85%107.91%32.10%-218.51%
Effective Tax Rate
N/A139.78%131.49%123.90%16.54%-141.83%5.19%2.99%153.82%N/A100.28%16.54%
Return on Assets
10.38%4.90%8.68%9.93%12.84%-3.03%6.59%13.81%4.64%9.09%4.38%-3.03%
Return On Equity
18.36%8.90%14.86%17.13%20.04%-4.74%11.10%22.94%8.08%17.31%8.07%-4.74%
Return on Capital Employed
11.22%5.79%9.45%10.74%17.05%0.52%6.96%16.07%10.11%5.40%8.62%0.52%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.13N/A
Quick Ratio
1.411.32116.6073.09-0.05-1.455.71-0.10-0.000.300.13-0.05
Cash ratio
1.020.810.630.420.042.271.784.740.010.060.022.27
Days of Sales Outstanding
45.7534.9417.0319.7315.05191.4833.9534.7877.5351.0421.2315.05
Days of Inventory outstanding
-0.000.00-15.36K35.65K97.12469.860.00244.23105.83N/AN/A469.86
Operating Cycle
45.7534.94-15.35K35.67K112.17661.3433.95279.01183.3751.0421.23661.34
Days of Payables Outstanding
-92.8929.2117.16-53.2610.5665.5421.5330.4852.11-405.91460.6310.56
Cash Conversion Cycle
138.655.73-15.36K35.73K101.61595.7912.42248.52131.26456.95-439.40595.79
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/AN/AN/A0.350.380.42N/AN/A
Debt Equity Ratio
N/AN/AN/AN/AN/AN/AN/A0.580.660.80N/AN/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/A0.360.390.44N/AN/A
Total Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/A0.360.390.44N/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A2.66N/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/AN/A0.14-0.01-0.17N/AN/A
Company Equity Multiplier
1.761.811.711.721.561.561.681.661.741.901.891.56
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-1.910.140.65-0.440.944.41-0.610.36-0.13-0.880.894.41
Free Cash Flow / Operating Cash Flow Ratio
111111111111
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/AN/A0.14-0.01-0.17N/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
40.99%91.34%50.71%47.67%37.40%-193.89%72.68%37.97%132.36%89.16%182.04%37.40%