Saratoga Investment Corp
SAR Financial Asset Management
Saratoga Investment Corp’s revenue for fiscal 2026 (year ended February 2026) was $125.7 million, down 15.5% from fiscal 2025. In the quarter to August 2026, revenue grew 1.77%, EPS fell 149.1%, free cash flow fell 43.9% and total debt was flat, each against the same quarter a year earlier.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Feb '20 | Feb '21 | Mar '21 | Feb '22 | Mar '22 | Feb '23 | Mar '23 | Feb '24 | Feb '25 | Feb '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash and Short Term Investments |
39.45 | 29.92 | — | 52.87 | — | 96.08 | — | 40.51 | 204.72 | 21.79 |
Receivables |
4.81 | 4.22 | — | 5.09 | — | 8.60 | — | 10.40 | 7.48 | 7.31 |
Total current assets |
44.26 | 34.14 | — | 57.96 | — | 104.67 | — | 50.91 | 212.20 | 29.10 |
Long-Term Investments |
485.63 | 554.31 | — | 817.57 | — | 972.59 | — | 1,138.79 | 978.08 | 1,109.13 |
Long-term receivables |
0.27 | 0.03 | — | 0.36 | — | 0.36 | — | 0.34 | 0.31 | 0.25 |
Long-term assets (Other) |
0.70 | 3.67 | — | 0.35 | — | 0.53 | — | 1.16 | 0.95 | 0.78 |
Total non-current assets |
486.61 | 558.01 | — | 818.28 | — | 973.49 | — | 1,140.30 | 979.34 | 1,110.17 |
Total Assets |
530.87 | 592.15 | — | 876.24 | — | 1,078.16 | — | 1,191.21 | 1,191.54 | 1,139.27 |
Notes Payable |
60.00 | 123.13 | — | 314.21 | — | 494.71 | — | 550.26 | 551.66 | 508.94 |
Accounts Payable |
170.35 | 169.99 | — | 202.51 | — | 219.26 | — | 227.52 | 182.17 | 172.88 |
Current Part of Taxes to Pay |
— | — | — | 2.82 | — | — | — | — | — | — |
Other current liabilities |
(5.12) | (7.07) | — | (12.83) | — | (18.08) | — | 4.41 | 7.66 | (13.28) |
Total current liabilities |
225.23 | 286.04 | — | 506.71 | — | 695.88 | — | 782.19 | 741.49 | 668.53 |
Long Term Debt (Total) |
205.00 | — | 274.00 | 12.50 | — | 32.50 | — | 35.00 | 52.50 | 70.00 |
Long Term Tax Liability (Deferred) |
1.35 | 1.92 | — | 1.25 | — | 2.82 | — | 3.79 | 4.89 | 4.58 |
Total non-current liabilities |
1.35 | 1.92 | — | 13.75 | — | 35.32 | — | 38.79 | 57.39 | 74.58 |
Total liabilities |
226.58 | 287.97 | — | 520.46 | — | 731.20 | — | 820.98 | 798.88 | 743.11 |
Additional Paid In Capital |
289.48 | 304.88 | — | 328.06 | — | 321.89 | — | 371.08 | 412.91 | 439.20 |
Common Stock (Net) |
0.01 | 0.01 | — | 0.01 | — | 0.01 | — | 0.01 | 0.02 | 0.02 |
Common Equity (Total) |
304.29 | 304.19 | — | 355.78 | — | 346.96 | — | 370.22 | 392.67 | 396.16 |
Shareholders Equity (Total) |
304.29 | 304.19 | — | 355.78 | — | 346.96 | — | 370.22 | 392.67 | 396.16 |
Shareholders Equity and Liabilities (Total) |
530.87 | 592.15 | — | 876.24 | — | 1,078.16 | — | 1,191.21 | 1,191.54 | 1,139.27 |
Shares (Common) |
11.22 | 11.16 | — | 12.13 | — | 11.89 | — | 13.65 | 15.18 | 16.22 |
Shareholders Equity (Tangible) |
304.29 | 304.19 | — | 355.78 | — | 346.96 | — | 370.22 | 392.67 | 396.16 |
Net Debt |
165.55 | (29.92) | 274.00 | (40.37) | 446.00 | (63.58) | 615.00 | (5.51) | (152.22) | 48.21 |
Total Debt |
205.00 | — | 274.00 | 12.50 | 499.00 | 32.50 | 711.00 | 35.00 | 52.50 | 70.00 |