Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) - Total Assets
Based on the latest financial reports, Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) holds total assets worth $938.08 Million USD as of March 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Gladstone Investment Corporation 8.00% N shareholders equity for net asset value and shareholders' equity analysis.
Gladstone Investment Corporation 8.00% Notes due 2028 - Total Assets Trend (2006–2024)
This chart illustrates how Gladstone Investment Corporation 8.00% Notes due 2028's total assets have evolved over time, based on quarterly financial data.
Gladstone Investment Corporation 8.00% Notes due 2028 - Asset Composition Analysis
Current Asset Composition (March 2024)
Gladstone Investment Corporation 8.00% Notes due 2028's total assets of $938.08 Million consist of 1.2% current assets and 98.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $11.05 Million | 1.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Gladstone Investment Corporation 8.00% Notes due 2028's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see GAINL market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gladstone Investment Corporation 8.00% Notes due 2028's current assets represent 1.2% of total assets in 2024, a decrease from 33.2% in 2006.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 32.9% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
Gladstone Investment Corporation 8.00% Notes due 2028 Competitors by Total Assets
Key competitors of Gladstone Investment Corporation 8.00% Notes due 2028 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Gladstone Investment Corporation 8.00% Notes due 2028 - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.40 | 0.02 | 0.15 |
| Quick Ratio | 3.40 | 0.00 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $10.08 Million | $-251.72 Million | $-26.18 Million |
Gladstone Investment Corporation 8.00% Notes due 2028 - Advanced Valuation Insights
This section examines the relationship between Gladstone Investment Corporation 8.00% Notes due 2028's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.38 |
| Asset Growth Rate (YoY) | 22.5% |
| Total Assets | $938.08 Million |
| Market Capitalization | $358.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gladstone Investment Corporation 8.00% Notes due 2028's assets below their book value (0.38x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Gladstone Investment Corporation 8.00% Notes due 2028's assets grew by 22.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Gladstone Investment Corporation 8.00% Notes due 2028 (2006–2024)
The table below shows the annual total assets of Gladstone Investment Corporation 8.00% Notes due 2028 from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $938.08 Million | +22.52% |
| 2023-03-31 | $765.64 Million | +3.41% |
| 2022-03-31 | $740.41 Million | +15.02% |
| 2021-03-31 | $643.73 Million | +11.69% |
| 2020-03-31 | $576.38 Million | -9.25% |
| 2019-03-31 | $635.10 Million | +3.96% |
| 2018-03-31 | $610.90 Million | +18.58% |
| 2017-03-31 | $515.20 Million | +1.76% |
| 2016-03-31 | $506.26 Million | +4.70% |
| 2015-03-31 | $483.52 Million | +46.21% |
| 2014-03-31 | $330.69 Million | -12.93% |
| 2013-03-31 | $379.80 Million | +16.76% |
| 2012-03-31 | $325.30 Million | +34.92% |
| 2011-03-31 | $241.11 Million | -18.86% |
| 2010-03-31 | $297.16 Million | -9.08% |
| 2009-03-31 | $326.84 Million | -7.22% |
| 2008-03-31 | $352.29 Million | +8.87% |
| 2007-03-31 | $323.59 Million | +40.49% |
| 2006-03-31 | $230.32 Million | -- |
About Gladstone Investment Corporation 8.00% Notes due 2028
Gladstone Investment Corporation specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loa… Read more