Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) — Cash Flow Quality Index

Latest as of March 2024: 0.28x

Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) has a Cash Flow Quality Index of 0.28x as of March 2024. Operating cash flow of $6.21 Million is below net income of $22.58 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Gladstone Investment Corporation 8.00% N long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.28x
Operating CF / Net Income

Operating Cash Flow

$6.21 Million
USD

Net Income

$22.58 Million
USD

Data as of

Mar 2024
Most recent filing

Gladstone Investment Corporation 8.00% Notes due 2028 Cash Flow Quality Index (2006–2024)

Historical Cash Flow Quality Index for Gladstone Investment Corporation 8.00% Notes due 2028 across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Gladstone Investment Corporation 8.00% N to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Gladstone Investment Corporation 8.00% Notes due 2028 (2006–2024)

Year-by-year earnings quality comparison for Gladstone Investment Corporation 8.00% Notes due 2028. For live market cap and the full company financial profile, see Gladstone Investment Corporation 8.00% N market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
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 ▲ +341.5%
2018 -0.48x $-28.83 Million $60.69 Million ▼ -165.5%
2017 0.73x $32.48 Million $44.76 Million ▲ +341.8%
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 -16.89x $-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.