Saratoga Investment Corp (SAR) — Cash Flow-to-Debt Ratio
Saratoga Investment Corp (SAR) has a Cash Flow-to-Debt Ratio of -0.03x as of May 2026, meaning its operating cash flow of $-25.97 Million could theoretically repay 0% of its total liabilities ($818.97 Million) in one year. See Saratoga Investment Corp free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Saratoga Investment Corp Cash Flow-to-Debt Ratio (2008–2026)
Historical debt coverage capacity for Saratoga Investment Corp across 19 annual periods. For the full cash flow conversion analysis, see SAR cash flow metrics.
Annual Cash Flow-to-Debt Ratio for Saratoga Investment Corp (2008–2026)
Year-by-year debt coverage analysis for Saratoga Investment Corp. Check how high is Saratoga Investment Corp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | -0.12x | $-88.03 Million | $744.95 Million | ▼ -147.8% |
| 2025 | 0.25x | $197.54 Million | $798.88 Million | ▲ +229.1% |
| 2024 | -0.19x | $-157.21 Million | $820.98 Million | ▼ -7.4% |
| 2023 | -0.18x | $-130.37 Million | $731.20 Million | ▲ +54.3% |
| 2022 | -0.39x | $-203.13 Million | $520.46 Million | ▼ -80.3% |
| 2021 | -0.22x | $-62.35 Million | $287.97 Million | ▼ -223.9% |
| 2020 | -0.07x | $-15.14 Million | $226.58 Million | ▲ +51.6% |
| 2019 | -0.14x | $-39.98 Million | $289.80 Million | ▲ +2.9% |
| 2018 | -0.14x | $-30.78 Million | $216.64 Million | ▼ -503.4% |
| 2017 | 0.04x | $6.74 Million | $191.36 Million | ▲ +118.6% |
| 2016 | -0.19x | $-32.22 Million | $169.90 Million | ▼ -23.1% |
| 2015 | -0.15x | $-21.72 Million | $140.96 Million | ▲ +46.9% |
| 2014 | -0.29x | $-29.53 Million | $101.74 Million | ▲ +48.2% |
| 2013 | -0.56x | $-36.81 Million | $65.72 Million | ▲ +30.7% |
| 2012 | -0.81x | $-22.71 Million | $28.11 Million | ▼ -136.3% |
| 2011 | 2.23x | $28.28 Million | $12.70 Million | ▲ +336.0% |
| 2010 | 0.51x | $21.18 Million | $41.46 Million | ▼ -12.4% |
| 2009 | 0.58x | $36.51 Million | $62.65 Million | ▲ +133.1% |
| 2008 | -1.76x | $-167.08 Million | $94.97 Million | — |