Gladstone Investment Corporation (GAIN) — Cash Flow Quality Index

Latest as of September 2025: 0.31x

Gladstone Investment Corporation (GAIN) has a Cash Flow Quality Index of 0.31x as of September 2025. Operating cash flow of $8.94 Million is below net income of $28.71 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Gladstone Investment Corporation long-term investment allocation to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.31x
Operating CF / Net Income

Operating Cash Flow

$8.94 Million
USD

Net Income

$28.71 Million
USD

Data as of

Sep 2025
Most recent filing

Gladstone Investment Corporation Cash Flow Quality Index (2006–2025)

Historical Cash Flow Quality Index for Gladstone Investment Corporation across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Gladstone Investment Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Gladstone Investment Corporation (2006–2025)

Year-by-year earnings quality comparison for Gladstone Investment Corporation. For live market cap and the full company financial profile, see how much is Gladstone Investment Corporation worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.74x $113.92 Million $65.32 Million ▲ +73.0%
2024 1.01x $85.99 Million $85.31 Million ▲ +895.5%
2023 -0.13x $-4.50 Million $35.55 Million ▼ -135.4%
2022 0.36x $36.60 Million $102.32 Million ▲ +151.1%
2021 -0.70x $-29.73 Million $42.45 Million ▼ -161.0%
2019 1.15x $93.61 Million $81.59 Million ▲ +334.2%
2018 -0.49x $-29.73 Million $60.69 Million ▼ -167.3%
2017 0.73x $32.60 Million $44.76 Million ▲ +343.5%
2016 0.16x $4.08 Million $24.85 Million ▲ +108.5%
2015 -1.94x $-97.55 Million $50.21 Million ▲ +15.5%
2013 -2.30x $-39.73 Million $17.28 Million ▼ -3.8%
2012 -2.22x $-48.67 Million $21.97 Million ▼ -154.3%
2011 4.08x $67.08 Million $16.44 Million ▲ +124.2%
2007 -16.88x $-122.73 Million $7.27 Million ▲ +31.0%
2006 -24.46x $-148.11 Million $6.05 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.