Gladstone Capital Corporation (GLAD) — Net Asset Quality Index
Gladstone Capital Corporation (GLAD) has a Net Asset Quality Index of 52.2% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $925.07 Million minus total liabilities of $442.46 Million yields net assets of $482.61 Million. A higher index indicates a stronger, lower-leverage balance sheet. See GLAD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Gladstone Capital Corporation Net Asset Quality Index Over Time (2001–2025)
This chart shows how Gladstone Capital Corporation's Net Asset Quality Index has evolved across 25 annual periods from 2001 to 2025. As of March 2026, the index stands at 52.2%, representing net assets of $482.61 Million against total assets of $925.07 Million USD. Explore GLAD operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Gladstone Capital Corporation (2001–2025)
The table below presents the year-by-year Net Asset Quality Index for Gladstone Capital Corporation from 2001 to 2025, covering 25 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Gladstone Capital Corporation (GLAD) market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 53.1% | $482.04 Million | $907.60 Million | $425.56 Million | ▼ -5.8 pp |
| 2024 | 58.9% | $478.74 Million | $812.47 Million | $333.73 Million | ▲ +2.1 pp |
| 2023 | 56.8% | $408.69 Million | $719.50 Million | $310.80 Million | ▲ +9.1 pp |
| 2022 | 47.7% | $315.49 Million | $660.97 Million | $345.48 Million | ▼ -8.5 pp |
| 2021 | 56.2% | $318.44 Million | $566.50 Million | $248.06 Million | ▲ +5.3 pp |
| 2020 | 50.9% | $233.74 Million | $459.18 Million | $225.43 Million | ▼ -7.6 pp |
| 2019 | 58.5% | $249.33 Million | $426.07 Million | $176.74 Million | ▼ -0.8 pp |
| 2018 | 59.3% | $237.09 Million | $399.51 Million | $162.42 Million | ▼ -0.7 pp |
| 2017 | 60.0% | $219.65 Million | $365.86 Million | $146.21 Million | ▲ +0.4 pp |
| 2016 | 59.7% | $201.21 Million | $337.18 Million | $135.97 Million | ▲ +9.6 pp |
| 2015 | 50.1% | $191.44 Million | $382.48 Million | $191.04 Million | ▼ -16.2 pp |
| 2014 | 66.2% | $199.66 Million | $301.43 Million | $101.77 Million | ▼ -3.6 pp |
| 2013 | 69.8% | $205.99 Million | $295.09 Million | $89.10 Million | ▲ +5.5 pp |
| 2012 | 64.3% | $188.56 Million | $293.40 Million | $104.84 Million | ▼ -3.0 pp |
| 2011 | 67.3% | $213.72 Million | $317.62 Million | $103.90 Million | ▼ -24.8 pp |
| 2010 | 92.1% | $249.25 Million | $270.52 Million | $21.27 Million | ▲ +18.0 pp |
| 2009 | 74.1% | $249.08 Million | $335.91 Million | $86.83 Million | ▲ +10.3 pp |
| 2008 | 63.8% | $271.75 Million | $425.70 Million | $153.95 Million | ▲ +3.7 pp |
| 2007 | 60.1% | $220.96 Million | $367.73 Million | $146.77 Million | ▼ -16.3 pp |
| 2006 | 76.4% | $172.57 Million | $225.78 Million | $53.21 Million | ▲ +2.8 pp |
| 2005 | 73.7% | $151.61 Million | $205.79 Million | $54.18 Million | ▲ +3.0 pp |
| 2004 | 70.7% | $152.23 Million | $215.33 Million | $63.11 Million | ▲ +9.7 pp |
| 2003 | 61.0% | $130.80 Million | $214.57 Million | $83.76 Million | ▼ -14.6 pp |
| 2002 | 75.6% | $130.66 Million | $172.92 Million | $42.26 Million | ▼ -23.7 pp |
| 2001 | 99.3% | $131.25 Million | $132.21 Million | $956.34K | — |