Saratoga Investment Corp (SAR) — Cash Flow Quality Index
Saratoga Investment Corp (SAR) has a Cash Flow Quality Index of 0.63x as of November 2025. Operating cash flow of $7.50 Million is below net income of $12.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore SAR cash flow metrics to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Saratoga Investment Corp Cash Flow Quality Index (2011–2025)
Historical Cash Flow Quality Index for Saratoga Investment Corp across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check SAR cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Saratoga Investment Corp (2011–2025)
Year-by-year earnings quality comparison for Saratoga Investment Corp. For live market cap and the full company financial profile, see Saratoga Investment Corp market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 7.03x | $197.54 Million | $28.09 Million | ▲ +140.0% |
| 2024 | -17.60x | $-157.21 Million | $8.93 Million | ▼ -233.1% |
| 2023 | -5.28x | $-130.37 Million | $24.68 Million | ▼ -19.0% |
| 2022 | -4.44x | $-203.13 Million | $45.74 Million | ▼ -5.3% |
| 2021 | -4.22x | $-62.35 Million | $14.78 Million | ▼ -1452.8% |
| 2020 | -0.27x | $-15.14 Million | $55.74 Million | ▲ +87.4% |
| 2019 | -2.16x | $-39.98 Million | $18.51 Million | ▼ -24.1% |
| 2018 | -1.74x | $-30.78 Million | $17.68 Million | ▼ -394.1% |
| 2017 | 0.59x | $6.74 Million | $11.39 Million | ▲ +137.0% |
| 2016 | -1.60x | $-18.64 Million | $11.65 Million | ▲ +51.9% |
| 2015 | -3.32x | $-36.60 Million | $11.01 Million | ▲ +1.5% |
| 2014 | -3.38x | $-29.53 Million | $8.74 Million | ▼ -33.9% |
| 2013 | -2.52x | $-36.81 Million | $14.60 Million | ▼ -47.4% |
| 2012 | -1.71x | $-22.71 Million | $13.28 Million | ▼ -202.6% |
| 2011 | 1.67x | $28.28 Million | $16.96 Million | — |