Saratoga Investment Corp (SAR) — Working Capital to Net Assets Ratio
Saratoga Investment Corp (SAR) has a Working Capital to Net Assets ratio of 13.2% as of November 2025. Working capital of $54.73 Million (current assets of $61.47 Million minus current liabilities of $6.74 Million) is measured against net assets of $413.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Saratoga Investment Corp net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Saratoga Investment Corp Working Capital to Net Assets (2007–2025)
This chart shows how Saratoga Investment Corp's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of November 2025, the ratio stands at 13.2%, reflecting working capital of $54.73 Million against net assets of $413.21 Million USD. Check Saratoga Investment Corp (SAR) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Saratoga Investment Corp (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Saratoga Investment Corp from 2007 to 2025, 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 live market cap and the full company profile, see how much is Saratoga Investment Corp worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.3% | $150.42 Million | $392.67 Million | $156.01 Million | $5.59 Million | ▲ +184.8 pp |
| 2024 | -146.5% | $-542.24 Million | $370.22 Million | $19.09 Million | $561.34 Million | ▼ -28.7 pp |
| 2023 | -117.8% | $-408.55 Million | $346.96 Million | $74.34 Million | $482.89 Million | ▼ -133.2 pp |
| 2022 | 15.4% | $54.82 Million | $355.78 Million | $58.42 Million | $3.60 Million | ▲ +8.4 pp |
| 2021 | 7.0% | $21.41 Million | $304.19 Million | $25.81 Million | $4.40 Million | ▼ -1.4 pp |
| 2020 | 8.5% | $25.73 Million | $304.29 Million | $29.68 Million | $3.95 Million | ▼ -26.5 pp |
| 2019 | 35.0% | $63.22 Million | $180.88 Million | $68.06 Million | $4.84 Million | ▼ -4768.8 pp |
| 2018 | 4803.7% | $6.90 Billion | $143.69 Million | $6.97 Billion | $72.13 Million | ▼ -5038.9 pp |
| 2017 | 9842.7% | $12.53 Billion | $127.29 Million | $12.60 Billion | $71.76 Million | ▲ +5387.2 pp |
| 2016 | 4455.5% | $5.58 Billion | $125.15 Million | $5.64 Billion | $60.10 Million | ▲ +939.1 pp |
| 2015 | 3516.4% | $4.31 Billion | $122.60 Million | $4.36 Billion | $46.45 Million | ▲ +3512.6 pp |
| 2014 | 3.8% | $4.32 Million | $113.43 Million | $6.02 Million | $1.70 Million | ▼ -0.2 pp |
| 2013 | 4.0% | $4.38 Million | $108.69 Million | $5.07 Million | $692.83K | ▲ +26.9 pp |
| 2012 | -22.8% | $-22.23 Million | $97.38 Million | $3.30 Million | $25.54 Million | ▼ -24.7 pp |
| 2011 | 1.9% | $1.59 Million | $86.07 Million | $12.63 Million | $11.04 Million | ▲ +58.1 pp |
| 2010 | -56.3% | $-31.22 Million | $55.48 Million | $7.15 Million | $38.37 Million | ▼ -66.9 pp |
| 2009 | 10.6% | $7.21 Million | $68.01 Million | $10.86 Million | $3.65 Million | ▲ +3.3 pp |
| 2008 | 7.3% | $7.11 Million | $97.87 Million | $19.17 Million | $12.05 Million | ▼ -891.7 pp |
| 2007 | 899.0% | $-898.97K | $-100.00K | $1.03K | $900.00K | — |