Gladstone Investment Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1.43	14.3	2.46	2.68	14.19	2.06
Cash & Short-Term Investments	1.43	14.3	2.46	2.68	14.19	2.06
Cash Growth	-29.53%	481.22%	-8.31%	-81.09%	588.17%	-25.77%
Accounts Receivable	6.12	5.58	7.63	3.04	3.04	3.37
Other Receivables	2.38	2.89	3.43	3.9	6.41	1.16
Receivables	8.51	8.47	11.05	6.94	9.45	4.53
Restricted Cash	0.81	0.86	0.76	0.57	0.31	0.34
Other Current Assets	1	0.6	0.8	0.6	0.4	0.6
Total Current Assets	11.74	24.23	15.07	10.79	24.34	7.53
Long-Term Investments	318.32	979.32	920.5	753.54	714.4	633.83
Long-Term Deferred Charges	1.03	1.47	1.64	0.43	0.9	1.36
Other Long-Term Assets	813.35	1.39	0.86	0.89	0.78	1.01
Total Assets	1,144	1,006	938.08	765.64	740.41	643.73
Accounts Payable	0.88	1.29	0.73	0.79	0.8	0.56
Accrued Expenses	51.86	49.46	45.54	31.94	32.11	16.83
Total Current Liabilities	52.74	50.75	46.27	32.73	32.9	17.4
Long-Term Debt	555.03	455.71	398.35	292.61	261.35	243.59
Other Long-Term Liabilities	0.83	0.86	0.76	0.57	0.33	0.38
Total Liabilities	608.6	507.32	445.37	325.9	294.58	261.37
Common Stock	0.04	0.04	0.04	0.03	0.03	0.03
Additional Paid-In Capital	483.55	445.51	444.71	401.8	397.95	400.8
Retained Earnings	52.25	53.54	47.97	37.91	47.85	-18.47
Shareholders' Equity	535.84	499.08	492.71	439.74	445.83	382.36
Total Liabilities & Equity	1,144	1,006	938.08	765.64	740.41	643.73
Total Debt	555.03	455.71	398.35	292.61	261.35	243.59
Net Cash (Debt)	-553.6	-441.41	-395.89	-289.92	-247.16	-241.53
Net Cash Per Share	-14.87	-12.02	-11.49	-8.70	-7.44	-7.28
Filing Date Shares Outstanding	39.65	36.84	36.69	33.59	33.21	33.21
Total Common Shares Outstanding	39.59	36.84	36.69	33.59	33.21	33.21
Working Capital	-41	-26.53	-31.19	-21.95	-8.56	-9.86
Book Value Per Share	13.53	13.55	13.43	13.09	13.43	11.52
Tangible Book Value	535.84	499.08	492.71	439.74	445.83	382.36
Tangible Book Value Per Share	13.53	13.55	13.43	13.09	13.43	11.52

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q