Gladstone Capital Corporation Working Capital to Net Assets Ratio
Gladstone Capital Corporation working capital to net assets ratio. Gladstone Capital Corporation (GLAD) has a Working Capital to Net Assets ratio of -1.2% as of June 2026. Working capital of $-6.52 Million (current assets of $2.35 Million minus current liabilities of $8.87 Million) is measured against net assets of $531.36 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GLAD goodwill-adjusted equity ratio 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 Capital Corporation (2003–2025)
Working capital to net assets ratio of Gladstone Capital Corporation from 2003 to 2025. This chart shows how Gladstone Capital Corporation's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of June 2026, the ratio stands at -1.2%, reflecting working capital of $-6.52 Million against net assets of $531.36 Million USD. See defensive interval ratio of Gladstone Capital Corporation to measure how many days the company can operate on defensive assets alone.
Gladstone Capital Corporation Working Capital to Net Assets Ratio by Year (2003–2025)
Gladstone Capital Corporation working capital to net assets ratio by year from 2003 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Gladstone Capital Corporation from 2003 to 2025, covering 23 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 Gladstone Capital Corporation (GLAD) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 8.0% | $38.53 Million | $482.04 Million | $42.86 Million | $4.33 Million | ▲ +7.5 pp |
| 2024 | 0.5% | $2.24 Million | $478.74 Million | $10.90 Million | $8.66 Million | ▲ +10.6 pp |
| 2023 | -10.1% | $-41.42 Million | $408.69 Million | $10.34 Million | $51.76 Million | ▲ +33.2 pp |
| 2022 | -43.4% | $-136.87 Million | $315.49 Million | $7.95 Million | $144.82 Million | ▼ -28.7 pp |
| 2021 | -14.7% | $-46.80 Million | $318.44 Million | $5.98 Million | $52.79 Million | ▲ +37.4 pp |
| 2020 | -52.1% | $-121.68 Million | $233.74 Million | $7.52 Million | $129.21 Million | ▼ -33.1 pp |
| 2019 | -19.0% | $-47.33 Million | $249.33 Million | $21.16 Million | $68.48 Million | ▲ +24.6 pp |
| 2018 | -43.5% | $-103.24 Million | $237.09 Million | $7.38 Million | $110.62 Million | ▼ -3.8 pp |
| 2017 | -39.7% | $-87.19 Million | $219.65 Million | $6.71 Million | $93.90 Million | ▼ -7.9 pp |
| 2016 | -31.8% | $-64.03 Million | $201.21 Million | $8.48 Million | $72.52 Million | ▲ +30.2 pp |
| 2015 | -62.0% | $-118.78 Million | $191.44 Million | $9.39 Million | $128.17 Million | ▼ -50.3 pp |
| 2014 | -11.8% | $-23.52 Million | $199.66 Million | $15.10 Million | $38.62 Million | ▼ -4.5 pp |
| 2013 | -7.2% | $-14.90 Million | $205.99 Million | $32.86 Million | $47.77 Million | ▲ +18.7 pp |
| 2012 | -25.9% | $-48.86 Million | $188.56 Million | $14.73 Million | $63.59 Million | ▲ +15.3 pp |
| 2011 | -41.2% | $-87.99 Million | $213.72 Million | $13.34 Million | $101.33 Million | ▼ -37.5 pp |
| 2010 | -3.6% | $-9.07 Million | $249.25 Million | $7.73 Million | $16.80 Million | ▲ +25.3 pp |
| 2009 | -29.0% | $-72.19 Million | $249.08 Million | $13.41 Million | $85.59 Million | ▲ +21.8 pp |
| 2008 | -50.8% | $-137.99 Million | $271.75 Million | $15.02 Million | $153.01 Million | ▼ -55.6 pp |
| 2007 | 4.8% | $10.70 Million | $220.96 Million | $11.29 Million | $587.51K | ▲ +31.5 pp |
| 2006 | -26.7% | $-46.03 Million | $172.57 Million | $3.97 Million | $49.99 Million | ▲ +7.2 pp |
| 2005 | -33.8% | $-51.30 Million | $151.61 Million | $1.94 Million | $53.24 Million | ▼ -63.8 pp |
| 2004 | 29.9% | $45.56 Million | $152.23 Million | $66.91 Million | $21.35 Million | ▲ +11.7 pp |
| 2003 | 18.2% | $23.87 Million | $130.80 Million | $102.32 Million | $78.45 Million | — |