Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) has a cash flow conversion efficiency ratio of 0.013x as of March 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($6.21 Million) by net assets ($492.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See GAINL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Gladstone Investment Corporation 8.00% Notes due 2028 - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Gladstone Investment Corporation 8.00% Notes due 2028's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Gladstone Investment Corporation 8.00% Notes due 2028 Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gladstone Investment Corporation 8.00% Notes due 2028 ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Reckitt Benckiser Group PLC
LSE:RKT
|
0.191x |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
0.064x |
|
Hainan Huluwa Pharmaceutical Group Co Ltd
SHG:605199
|
0.103x |
|
Sesoda Corp
TW:1708
|
0.041x |
|
Greenyard NV
BR:GREEN
|
0.189x |
|
Primis Financial Corp
NASDAQ:FRST
|
-0.127x |
|
FSP Technology Inc
TW:3015
|
-0.011x |
|
Columbus McKinnon Corporation
NASDAQ:CMCO
|
-0.115x |
Annual Cash Flow Conversion Efficiency for Gladstone Investment Corporation 8.00% Notes due 2028 (2006–2024)
The table below shows the annual cash flow conversion efficiency of Gladstone Investment Corporation 8.00% Notes due 2028 from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see GAINL market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | $492.71 Million | $85.99 Million | 0.175x | +1803.86% |
| 2023-03-31 | $439.74 Million | $-4.50 Million | -0.010x | -112.48% |
| 2022-03-31 | $445.83 Million | $36.60 Million | 0.082x | +205.57% |
| 2021-03-31 | $382.36 Million | $-29.73 Million | -0.078x | -181.27% |
| 2020-03-31 | $369.03 Million | $35.31 Million | 0.096x | -58.39% |
| 2019-03-31 | $407.11 Million | $93.61 Million | 0.230x | +382.54% |
| 2018-03-31 | $354.20 Million | $-28.83 Million | -0.081x | -175.45% |
| 2017-03-31 | $301.08 Million | $32.48 Million | 0.108x | +637.37% |
| 2016-03-31 | $279.02 Million | $4.08 Million | 0.015x | +104.10% |
| 2015-03-31 | $273.43 Million | $-97.55 Million | -0.357x | -134.41% |
| 2014-03-31 | $220.84 Million | $-33.61 Million | -0.152x | +7.70% |
| 2013-03-31 | $240.96 Million | $-39.73 Million | -0.165x | +29.80% |
| 2012-03-31 | $207.22 Million | $-48.67 Million | -0.235x | -169.62% |
| 2011-03-31 | $198.83 Million | $67.08 Million | 0.337x | -34.42% |
| 2010-03-31 | $192.98 Million | $99.27 Million | 0.514x | +752.28% |
| 2009-03-31 | $214.80 Million | $12.96 Million | 0.060x | +121.71% |
| 2008-03-31 | $206.44 Million | $-57.40 Million | -0.278x | +49.52% |
| 2007-03-31 | $222.82 Million | $-122.73 Million | -0.551x | +14.53% |
| 2006-03-31 | $229.84 Million | $-148.11 Million | -0.644x | -- |
About Gladstone Investment Corporation 8.00% Notes due 2028
Gladstone Investment Corporation specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loa… Read more