Saratoga Investment Corp. (SAR)

Saratoga Investment Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Net Income	35.41	28.09	8.93	24.68	45.74	14.78
Other Amortization	5.04	5.03	5.17	3.59	2.16	1.37
Loss (Gain) From Sale of Investments	9.09	20.25	44.72	5.95	-32.46	2.35
Other Operating Activities	119.75	142.37	-209.87	-157.83	-229.03	-70.32
Change in Accounts Receivable	1.66	2.85	-2.12	-3.07	-1.2	0.82
Change in Accounts Payable	0.23	0.34	-0.13	0.67	-0.95	0.04
Change in Income Taxes	0.02	0.1	0.34	-3.26	2.82	-
Change in Other Net Operating Assets	6.49	-1.48	-4.25	-1.1	9.79	-11.38
Operating Cash Flow	177.68	197.54	-157.21	-130.37	-203.13	-62.35
Long-Term Debt Issued	-	30	149	336.88	385	104.13
Long-Term Debt Repaid	-	-56.5	-57	-119.13	-155.5	-33
Net Debt Issued (Repaid)	-39.5	-26.5	92	217.75	229.5	71.13
Issuance of Common Stock	41.8	35.35	49.01	-	26.84	-
Repurchase of Common Stock	-	-	-2.16	-10.82	-2.55	-3.61
Common Dividends Paid	-48.44	-40.75	-32.05	-22.67	-18.16	-11.27
Other Financing Activities	-0.55	-1.43	-5.17	-10.68	-9.54	-3.44
Financing Cash Flow	-46.69	-33.32	101.64	173.58	226.09	52.81
Net Cash Flow	130.99	164.22	-55.57	43.21	22.96	-9.54
Cash Interest Paid	46.84	46.71	44.08	28.9	17.56	11.8
Cash Income Tax Paid	0.74	0.79	0.75	2.77	1.36	4.14
Levered Free Cash Flow	13.8	16.82	34.88	-5.04	30.24	9.76
Unlevered Free Cash Flow	40.98	44.33	60.45	12.3	40.5	16.88
Change in Net Working Capital	23.58	23.09	7.01	31.2	-15.24	6.49

Updated Jul 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q