SARATOGA INVESTMENT CORP. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SARATOGA INVESTMENT CORP. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | $28.09M | May 7, 2025 |
| FY2025 | Feb 29, 2024 | $8.93M | May 7, 2025 |
| FY2025 | Feb 28, 2023 | $24.68M | May 7, 2025 |
| FY2024 | Feb 28, 2022 | $45.74M | May 6, 2024 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | $197.54M | May 7, 2025 |
| FY2025 | Feb 29, 2024 | ($157.21M) | May 7, 2025 |
| FY2025 | Feb 28, 2023 | ($130.37M) | May 7, 2025 |
| FY2024 | Feb 28, 2022 | ($203.13M) | May 6, 2024 |
| FY2023 | Feb 28, 2021 | ($62.35M) | May 2, 2023 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | $1.19B | May 7, 2025 |
| FY2025 | Feb 29, 2024 | $1.19B | May 7, 2025 |
| FY2024 | Feb 28, 2023 | $1.08B | May 6, 2024 |
| FY2023 | Feb 28, 2022 | $876.24M | May 2, 2023 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | $798.88M | May 7, 2025 |
| FY2025 | Feb 29, 2024 | $820.98M | May 7, 2025 |
| FY2024 | Feb 28, 2023 | $731.20M | May 6, 2024 |
| FY2023 | Feb 28, 2022 | $520.46M | May 2, 2023 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | $392.67M | May 7, 2025 |
| FY2025 | Nov 30, 2024 | $374.87M | May 7, 2025 |
| FY2025 | Aug 31, 2024 | $372.05M | May 7, 2025 |
| FY2025 | May 30, 2024 | $367.86M | May 7, 2025 |
| FY2025 | Feb 29, 2024 | $370.22M | May 7, 2025 |
| FY2025 | Nov 30, 2023 | $359.56M | May 7, 2025 |
| FY2025 | Aug 31, 2023 | $362.08M | May 7, 2025 |
| FY2025 | May 30, 2023 | $337.45M | May 7, 2025 |
| FY2025 | Feb 28, 2023 | $346.96M | May 7, 2025 |
| FY2025 | Feb 28, 2022 | $355.78M | May 7, 2025 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | ($20.26M) | May 7, 2025 |
| FY2025 | Feb 29, 2024 | ($870.7K) | May 7, 2025 |
| FY2024 | Feb 28, 2023 | $25.05M | May 6, 2024 |
| FY2023 | Feb 28, 2022 | $27.71M | May 2, 2023 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | $148.22M | May 7, 2025 |
| FY2025 | Feb 29, 2024 | $8.69M | May 7, 2025 |
| FY2025 | Feb 28, 2023 | $65.75M | May 7, 2025 |
| FY2024 | Feb 28, 2022 | $47.26M | May 6, 2024 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | $793.88M | May 7, 2025 |
| FY2023 | Feb 28, 2023 | $728.38M | May 2, 2023 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | 2 | May 7, 2025 |
| FY2025 | Feb 29, 2024 | 0 | May 7, 2025 |
| FY2025 | Feb 28, 2023 | 2 | May 7, 2025 |
| FY2024 | Feb 28, 2022 | 3 | May 6, 2024 |
| FY2023 | Feb 28, 2021 | 1 | May 2, 2023 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | 2 | May 7, 2025 |
| FY2025 | Feb 29, 2024 | 0 | May 7, 2025 |
| FY2025 | Feb 28, 2023 | 2 | May 7, 2025 |
| FY2024 | Feb 28, 2022 | 3 | May 6, 2024 |
| FY2023 | Feb 28, 2021 | 1 | May 2, 2023 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Feb 28, 2025 | 15.18M | May 7, 2025 |
| FY2025 | Feb 29, 2024 | 13.65M | May 7, 2025 |
| FY2025 | Feb 28, 2023 | 11.89M | May 7, 2025 |
| FY2025 | Feb 28, 2022 | 12.13M | May 7, 2025 |
| FY2025 | Feb 28, 2021 | 11.16M | May 7, 2025 |
| FY2024 | Feb 29, 2020 | 11.22M | May 6, 2024 |
| FY2023 | Aug 12, 2010 | 2.68M | May 2, 2023 |