Saratoga Investment annual debt-to-equity ratio
2022
2023
2024
2025
2026
Saratoga Investment Debt-to-Equity Ratio Growth & History (SAR)
Saratoga Investment's debt-to-equity ratio was 1.87 for fiscal 2026.
View full Saratoga Investment company overviewSaratoga Investment annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | 1.87 | −0.16 | −7.69% |
| 2025 · Feb 28 | 2025-02-28 | 2.02 | 2.02 | +4731876.07% |
| 2024 | 2024-02-29 | 0.00 | −0.06 | −99.93% |
| 2023 | 2023-02-28 | 0.06 | 0.01 | +32.99% |
| 2022 | 2022-02-28 | 0.04 | — | — |
Saratoga Investment quarterly debt-to-equity ratio
Q4.22
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-05-31 | 2.16 | 0.16 | +8.17% |
| Q4 2026 | 2026-02-28 | 1.87 | −0.16 | −7.69% |
| Q3 2026 | 2025-11-30 | 1.87 | −0.36 | −16.15% |
| Q2 2026 | 2025-08-31 | 1.92 | 1.92 | +4377825.70% |
| Q1 2026 | 2025-05-31 | 2.00 | 2.00 | +4642994.14% |
| Q4 2025 · Feb 28 | 2025-02-28 | 2.02 | 2.02 | +4731876.07% |
| Q3 2025 | 2024-11-30 | 2.24 | 2.19 | +4461.34% |
| Q2 2025 | 2024-08-31 | 0.00 | −0.05 | −99.91% |
| Q1 2025 | 2024-05-31 | 0.00 | −0.06 | −99.93% |
| Q4 2024 | 2024-02-29 | 0.00 | −0.06 | −99.93% |
| Q3 2024 | 2023-11-30 | 0.05 | −0.01 | −20.13% |
| Q2 2024 | 2023-08-31 | 0.05 | −0.00 | −2.56% |
| Q1 2024 | 2023-05-31 | 0.06 | — | — |
| Q4 2023 | 2023-02-28 | 0.06 | 0.01 | +32.99% |
| Q3 2023 | 2022-11-30 | 0.06 | — | — |
| Q2 2023 | 2022-08-31 | 0.05 | — | — |
| Q4 2022 | 2022-02-28 | 0.04 | — | — |
Saratoga Investment debt-to-equity ratio trends
Between the periods ended 2022-02-28 and 2026-02-28, Saratoga Investment's debt-to-equity ratio increased from 0.04 to 1.87, a change of 1.82. The latest reported quarter, Q1 2027, shows 2.16.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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