Saturday 17 October 2026
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Gladstone Capital Corporation
GLAD Financial Asset Management
Gladstone Capital Corporation’s revenue for fiscal 2025 (year ended September 2025) was $89.1 million, down 7.76% from fiscal 2024. In the quarter to June 2026, revenue grew 13.1%, EPS grew 78.8% and free cash flow fell 280.7%, each against the same quarter a year earlier.
18.86
0.47
−2.43%
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| Sep '25 | Sep '24 | Sep '23 | Sep '22 | Sep '21 | Sep '20 | Sep '19 | Sep '18 | Sep '17 | Sep '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
3 | 5 | 5 | 2 | 3 | 0 | 4 | 2 | 4 | — |
P/E ratio |
8.54 | 5.53 | 9.55 | 14.64 | 4.45 | 0.00 | 14.34 | 13.29 | 14.21 | 15.06 |
P/S ratio |
5.49 | 5.42 | 4.10 | 4.62 | 6.98 | 4.80 | 5.70 | 5.69 | 6.19 | 4.82 |
P/FCF ratio |
0.00 | 161.68 | 0.00 | 0.00 | 0.00 | 0.00 | 30.83 | 0.00 | 0.00 | 3.14 |
P/Operating CF |
(5.06) | (92.00) | 15.48 | (5.05) | (17.52) | 26.21 | 27.87 | 59.99 | 245.16 | 23.20 |
P/B ratio |
1.01 | 1.11 | 0.87 | 0.92 | 1.18 | 0.98 | 1.14 | 1.09 | 1.11 | 0.94 |
Price to Tangible BV |
1.01 | 1.11 | 0.87 | 0.92 | 1.18 | 0.98 | 1.14 | 1.09 | 1.11 | 0.94 |
EV/Sales |
5.43 | 6.13 | 4.63 | 6.83 | 7.90 | 7.41 | 6.73 | 8.06 | 8.43 | 6.48 |
EV/EBITDA |
4.43 | 21.85 | 5.37 | 6.79 | 0.00 | 6.46 | 14.98 | 44.80 | 13.10 | 6.54 |
EV/Operating CF |
(88.19) | 182.76 | (36.88) | (5.65) | (30.24) | (7.71) | 36.38 | (20.64) | (25.38) | 4.22 |
EV/FCF |
(88.19) | 182.76 | (36.88) | (5.65) | (30.24) | (7.71) | 36.38 | (20.64) | (25.38) | 4.22 |
Quick Ratio |
0.09 | 0.03 | 0.03 | 0.02 | 0.02 | 0.06 | 0.31 | 2.28 | 3.00 | 3.26 |
Current Ratio |
0.11 | 0.04 | 0.04 | 0.04 | 0.03 | 0.08 | 0.36 | 3.67 | 4.33 | 4.06 |
Net Debt/EBITDA |
(0.30) | 2.52 | 0.62 | 2.20 | (3.28) | 2.28 | 2.28 | 13.17 | 3.48 | 1.67 |
Debt/Assets |
0.00% | 8.69% | 6.64% | 21.45% | 8.91% | 27.80% | 15.74% | 27.53% | 25.45% | 21.25% |
Debt/Equity |
0.00 | 0.15 | 0.12 | 0.45 | 0.16 | 0.55 | 0.27 | 0.46 | 0.42 | 0.35 |
Asset Turnover |
0.10 | 0.13 | 0.13 | 0.10 | 0.10 | 0.11 | 0.12 | 0.12 | 0.11 | 0.11 |
Operating CF/Net income |
(0.10) | 0.03 | (0.25) | (3.84) | (0.17) | 24.61 | 0.47 | (0.95) | (0.76) | 5.28 |
Capex/Depreciation |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Coverage |
3.26 | 3.12 | 2.97 | 3.49 | 3.27 | 3.52 | 4.06 | 4.94 | 7.97 | 7.72 |
| 12.00% | 21.49% | 11.78% | 6.28% | 30.53% | (0.78%) | 8.17% | 8.17% | 8.16% | 5.79% | |
| 6.65% | 12.34% | 6.18% | 3.24% | 16.44% | (0.42%) | 4.81% | 4.87% | 4.90% | 3.17% | |
ROIC |
6.28% | 5.34% | 5.63% | 4.43% | 4.44% | 4.38% | 5.11% | 4.18% | 4.36% | 4.58% |
Return on Tangible Assets |
(15.76%) | (37.56%) | (17.00%) | (10.21%) | (45.47%) | 2.08% | (52.58%) | 345.91% | 222.16% | 136.44% |
Average Days of Receivables |
23.35 | 22.38 | 25.76 | 15.82 | 16.02 | 22.84 | 19.15 | 20.83 | 15.81 | 21.77 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
33.22% | 31.21% | 30.57% | 34.10% | 33.02% | 34.10% | 32.68% | 34.22% | 34.68% | 35.38% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(0.78) | (0.63) | (0.85) | (1.16) | (0.64) | (0.95) | (0.54) | (0.60) | (0.56) | (0.65) |
Graham Number |
35.24 | 45.98 | 31.30 | 21.90 | 46.80 | 0.00 | 22.83 | 23.81 | 22.79 | 20.53 |
Earnings Yield |
11.71% | 18.07% | 10.47% | 6.83% | 22.48% | (0.81%) | 6.97% | 7.52% | 7.04% | 6.64% |
Free Cash Flow Yield |
(1.12%) | 0.62% | (3.07%) | (26.20%) | (3.74%) | (20.04%) | 3.24% | (6.86%) | (5.37%) | 31.82% |
Revenue per Share |
3.99 | 4.44 | 4.63 | 3.68 | 3.24 | 3.09 | 3.42 | 3.36 | 3.08 | 3.37 |
Operating CF per Share |
(0.25) | 0.15 | (0.58) | (4.45) | (0.85) | (2.97) | 0.63 | (1.31) | (1.02) | 5.17 |
Capex per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
(0.25) | 0.15 | (0.58) | (4.45) | (0.85) | (2.97) | 0.63 | (1.31) | (1.02) | 5.17 |
Cash per Share |
1.45 | 0.11 | 0.08 | 0.12 | 0.05 | 0.16 | 1.08 | 0.15 | 0.41 | 0.57 |
Shareholders Equity per Share |
21.56 | 21.62 | 21.90 | 18.37 | 19.16 | 15.06 | 17.04 | 17.50 | 17.23 | 17.34 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
21.56 | 21.62 | 21.90 | 18.37 | 19.16 | 15.06 | 17.04 | 17.50 | 17.23 | 17.34 |
Free Cash Flow |
(5.49) | 3.24 | (10.86) | (76.40) | (14.06) | (46.09) | 9.26 | (17.80) | (13.03) | 60.02 |
Working Capital |
(362.85) | (251.58) | (250.99) | (195.11) | (185.38) | (89.88) | (37.79) | 5.39 | 7.73 | 8.33 |
Net Current Asset Value |
(382.70) | (330.54) | (300.37) | (337.44) | (241.90) | (217.86) | (155.54) | (155.00) | (136.15) | (123.28) |
EV/EBIT |
7.43 | 8.74 | 6.47 | 9.53 | 11.30 | 10.10 | 10.32 | 12.69 | 13.49 | 11.32 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
10.82 | 11.37 | 8.63 | 9.04 | 14.38 | 9.14 | 11.61 | 11.23 | 11.32 | 9.68 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
(1.07%) | 0.60% | (2.37%) | (16.63%) | (3.80%) | (12.67%) | 2.79% | (5.10%) | (4.10%) | 21.51% |
Accounts Receivable Turnover |
15.33 | 16.07 | 19.56 | 24.77 | 20.06 | 17.05 | 19.15 | 21.20 | 19.46 | 9.88 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
5.81 | 6.01 | 4.42 | 2.55 | 2.68 | 2.81 | 2.61 | 2.15 | 2.02 | 3.96 |
Average Payables |
4.24 | 4.05 | 3.49 | 2.65 | 1.92 | 1.49 | 1.02 | 0.70 | 1.00 | 1.04 |
Average Assets |
860.03 | 765.98 | 690.23 | 613.73 | 512.84 | 442.62 | 412.79 | 382.68 | 350.70 | 359.01 |
Average Common Equity |
476.47 | 439.80 | 362.09 | 316.96 | 276.09 | 241.54 | 243.21 | 228.37 | 210.43 | 196.33 |
Columns are period end dates