What is Gladstone Investment Financial Strength?
Gladstone Investment has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Gladstone Investment Corp displays poor financial strength. Usually, this is caused by too much debt for the company.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate Gladstone Investment's interest coverage with the available data.
Gladstone Investment's debt to revenue ratio for the quarter that ended in Mar. 2024 was 4.56.
Altman Z-Score does not apply to banks and insurance companies.
Gladstone Investment Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Gladstone Investment's Interest Expense for the
months ended in Mar. 2024 was $-6.52 Mil. Its Operating Income for the
months ended in Mar. 2024 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $398.35 Mil.
Gladstone Investment's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Gladstone Investment's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gladstone Investment (Gladstone Investment) Business Description
Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Investment Corp is a business development company. The company's investment objective is to invest achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow, and provide its stockholders with long-term capital appreciation by investing in equity securities. The company's investment sectors include Business service/distribution, Consumer products, and manufacturing. Its portfolio consists of the following industries Conglomerate Services, Home and Office Furnishings, Housewares, Durable Consumer Products, Leisure, Motion Pictures, Entertainment, Conglomerate Manufacturing, Chemicals, Telecommunications, Aerospace and Defense, and others. Its investment activities are carried across the United States.
Executives
| Rachael Z. Easton |
officer: Chief Financial Officer |
1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102 |
| Dullum David A R |
officer: President |
C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102 |
| Walter H Wilkinson |
director |
C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409 |
| Paula Novara |
director |
1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102 |
| Jennifer A Smith |
officer: Chief Valuation Officer |
1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102 |
| Terry Lee Brubaker |
director, officer: COO |
C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102 |
| Julia Ryan |
officer: Chief Financial Officer |
1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102 |
| Michael Licalsi |
other: Affiliate of External Advisor |
1521 WESTBRANCH DR., MCLEAN VA 22102 |
| David Gladstone |
director, officer: CEO |
1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102 |
| Caren D Merrick |
director |
1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102 |
| David Hibbert Watson |
officer: CFO |
C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201, ROCKVILLE MD 20850 |
| Terry Earhart |
director |
1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102 |
| Paul W Adelgren |
director |
C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102 |
| Melissa Morrison |
other: Affiliate of External Adviser |
1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102 |
| Gerard Mead |
director |
1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102 |
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