Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) — Tangible Net Worth Ratio
Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) has a Tangible Net Worth Ratio of 100.0% as of March 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($492.71 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Gladstone Investment Corporation 8.00% N annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gladstone Investment Corporation 8.00% Notes due 2028 Tangible Net Worth Ratio (2006–2024)
This chart shows how Gladstone Investment Corporation 8.00% Notes due 2028's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2024. As of March 2024, the ratio stands at 100.0%, reflecting net assets of $492.71 Million with intangible assets of $0.00 USD. For live market cap and overall valuation, see GAINL company net worth.
Annual Tangible Net Worth Ratio for Gladstone Investment Corporation 8.00% Notes due 2028 (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Gladstone Investment Corporation 8.00% Notes due 2028 from 2006 to 2024, covering 19 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See Gladstone Investment Corporation 8.00% N free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $492.71 Million | $0.00 | $938.08 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $439.74 Million | $0.00 | $765.64 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $445.83 Million | $0.00 | $740.41 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $382.36 Million | $0.00 | $643.73 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $369.03 Million | $0.00 | $576.38 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $407.11 Million | $0.00 | $635.10 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $354.20 Million | $0.00 | $610.90 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $301.08 Million | $0.00 | $515.20 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $279.02 Million | $0.00 | $506.26 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $273.43 Million | $0.00 | $483.52 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $220.84 Million | $0.00 | $330.69 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $240.96 Million | $0.00 | $379.80 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $207.22 Million | $0.00 | $325.30 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $198.83 Million | $0.00 | $241.11 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $192.98 Million | $0.00 | $297.16 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $214.80 Million | $0.00 | $326.84 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $206.44 Million | $0.00 | $352.29 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $222.82 Million | $0.00 | $323.59 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $229.84 Million | $0.00 | $230.32 Million | — |