Gladstone Investment Corporation 8.00% Notes due 2028 Working Capital to Net Assets Ratio
Gladstone Investment Corporation 8.00% Notes due 2028 working capital to net assets ratio. Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) has a Working Capital to Net Assets ratio of 2.0% as of March 2024. Working capital of $10.08 Million (current assets of $14.27 Million minus current liabilities of $4.20 Million) is measured against net assets of $492.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Gladstone Investment Corporation 8.00% N tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Gladstone Investment Corporation 8.00% Notes due 2028 (2006–2024)
Working capital to net assets ratio of Gladstone Investment Corporation 8.00% Notes due 2028 from 2006 to 2024. This chart shows how Gladstone Investment Corporation 8.00% Notes due 2028's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of March 2024, the ratio stands at 2.0%, reflecting working capital of $10.08 Million against net assets of $492.71 Million USD. See Gladstone Investment Corporation 8.00% N (GAINL) defensive interval to measure how many days the company can operate on defensive assets alone.
Gladstone Investment Corporation 8.00% Notes due 2028 Working Capital to Net Assets Ratio by Year (2006–2024)
Gladstone Investment Corporation 8.00% Notes due 2028 working capital to net assets ratio by year from 2006 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Gladstone Investment Corporation 8.00% Notes due 2028 from 2006 to 2024, covering 19 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see GAINL total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -65.0% | $-320.50 Million | $492.71 Million | $10.85 Million | $331.35 Million | ▼ -7.8 pp |
| 2023 | -57.2% | $-251.72 Million | $439.74 Million | $5.72 Million | $257.44 Million | ▼ -61.9 pp |
| 2022 | 4.6% | $20.65 Million | $445.83 Million | $23.64 Million | $2.99 Million | ▲ +3.2 pp |
| 2021 | 1.4% | $5.44 Million | $382.36 Million | $6.59 Million | $1.15 Million | ▼ -0.1 pp |
| 2020 | 1.6% | $5.76 Million | $369.03 Million | $6.98 Million | $1.22 Million | ▲ +10.3 pp |
| 2019 | -8.7% | $-35.62 Million | $407.11 Million | $5.79 Million | $41.41 Million | ▼ -8.4 pp |
| 2018 | -0.4% | $-1.32 Million | $354.20 Million | $7.17 Million | $8.49 Million | ▼ -0.6 pp |
| 2017 | 0.2% | $691.00K | $301.08 Million | $5.17 Million | $4.48 Million | ▼ -0.4 pp |
| 2016 | 0.6% | $1.78 Million | $279.02 Million | $7.27 Million | $5.49 Million | ▼ -0.1 pp |
| 2015 | 0.7% | $1.99 Million | $273.43 Million | $6.79 Million | $4.80 Million | ▼ -0.5 pp |
| 2014 | 1.2% | $2.64 Million | $220.84 Million | $5.84 Million | $3.20 Million | ▲ +3.9 pp |
| 2013 | -2.7% | $-6.59 Million | $240.96 Million | $87.21 Million | $93.80 Million | ▼ -13.3 pp |
| 2012 | 10.5% | $21.82 Million | $207.22 Million | $99.04 Million | $77.22 Million | ▼ -12.8 pp |
| 2011 | 23.3% | $46.40 Million | $198.83 Million | $87.27 Million | $40.87 Million | ▲ +30.4 pp |
| 2010 | -7.1% | $-13.70 Million | $192.98 Million | $90.19 Million | $103.89 Million | ▲ +39.1 pp |
| 2009 | -46.2% | $-99.13 Million | $214.80 Million | $12.78 Million | $111.91 Million | ▲ +16.7 pp |
| 2008 | -62.9% | $-129.83 Million | $206.44 Million | $15.92 Million | $145.76 Million | ▼ -35.6 pp |
| 2007 | -27.3% | $-60.90 Million | $222.82 Million | $39.10 Million | $100.00 Million | ▼ -60.5 pp |
| 2006 | 33.2% | $76.33 Million | $229.84 Million | $76.43 Million | $100.00K | — |