Gladstone Investment Corporation
Gladstone Investment Corporation is a private equity fund specializing in lower middle market, acquisitions, mature stage, buyouts; recapitalizations; 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 loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seek to invest in manufacturing, consumer products and business services/ distribution sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with sales between $20 million and $100 million. The fund invest in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds its investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party. Show More...
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Sector Financial Services
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Industry Asset Management
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Last Quote 14.21 USD
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Last Updated 22-04-2024
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2011-03 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 TTM Earnings Per Share USD 0.74 0.99 0.71 -0.05 1.88 0.82 1.48 1.88 2.49 -0.22 -0.22 Dividends USD 0.48 0.58 0.6 0.66 0.72 0.75 0.75 0.77 0.81 0.82 0.82 Payout Ratio % * 64.8 49.1 112.5 85.7 64.6 39.1 50.4 26.0 81.2 Shares Mil 22.0 22.0 24.0 26.0 27.0 30.0 30.0 32.0 33.0 33.0 33.0 Book Value Per Share * USD 9.0 9.58 8.65 8.49 7.6 8.66 9.82 10.33 12.53 12.42 11.17 Free Cash Flow Per Share * USD 3.04 -0.46 -2.3 0.09 -2.98 -1.2 1.74 -1.45 2.66 2.72 Return on Assets % 6.11 7.76 4.9 -0.37 12.33 5.02 8.76 10.78 13.1 -1.19 -1.19 Financial Leverage (Average) 1.21 1.57 1.58 1.5 1.77 1.81 1.71 1.72 1.56 1.56 1.56 Return on Equity % 8.39 10.82 7.71 -0.58 20.32 9.0 15.43 18.52 21.43 -1.86 -1.86 Return on Invested Capital % Interest Coverage Current Ratio 2.14 1.28 Quick Ratio Debt/Equity 0.39 0.3 0.45 0.36 0.25 0.32 0.14 0.15 0.15