Saratoga Investment SAJ
NYSE SAJ
$25.13 +0.03 (+0.14%)
As of: Sep 8, 2026 · 3:59 PM EDT

Saratoga Investment (SAJ) Debt Ratio (2022 - 2026)

Saratoga Investment's (SAJ) quarterly Debt Ratio came in at 0.51 in Q2 2026, up 156.47% year-over-year from 0.2 in Q2 2025, and up 277.87% quarter-over-quarter from 0.14 in Q1 2026.

Analysis

Saratoga Investment (SAJ) Debt Ratio (2022 - 2026) Analysis & Trends

Saratoga Investment has disclosed Debt Ratio across 5 years of filings, most recently posting 0.51 for Q2 2026.

  • In Q2 2026, Debt Ratio rose 156.47% year-over-year to 0.51; the TTM figure through May 2026 stood at 0.51 (up 156.47% YoY), while the FY2026 annual figure was 0.14, down 66.05% from the prior year.
  • Debt Ratio came in at 0.51 for Q2 2026 at Saratoga Investment, up from 0.14 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.51 in Q2 2026 to a low of 0.01 in Q1 2022.
  • Average Debt Ratio over 5 years is 0.18, with a median of 0.13 recorded in 2023.
  • Year-over-year, Debt Ratio jumped 944.18% in 2023 and plunged 67.19% in 2024.
  • Over 5 years, Debt Ratio stood at 0.22 in 2022, then slumped by 40.33% to 0.13 in 2023, then plunged by 66.55% to 0.04 in 2024, then soared by 180.28% to 0.12 in 2025, then soared by 324.39% to 0.51 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.51 in Q2 2026, 0.14 in Q1 2026, and 0.12 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Ares Capital 14.14 Bn 13.76 Bn - 0.52
2 Blackstone Secured Lending Fund 5.70 Bn 5.44 Bn - 0.55
3 Blue Owl Capital 5.54 Bn 5.30 Bn - 0.51
4 Main Street Capital 5.29 Bn 5.23 Bn - 0.43
5 Blue Owl Technology Finance 5.08 Bn 4.87 Bn - 0.48
6 Hercules Capital 4.65 Bn 4.60 Bn - 0.50
7 FS KKR Capital 3.42 Bn 3.31 Bn - 0.54
8 Golub Capital Bdc 3.32 Bn 3.27 Bn - 0.54
9 PennantPark Floating Rate Capital 2.48 Bn -127.01 Mn - 0.24
10 Saratoga Investment 409.08 Mn 33.71 Mn - 0.51
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 0.51
Feb 28, 2026 0.14
Nov 30, 2025 0.12
Aug 31, 2025 0.41
May 31, 2025 0.20
Feb 28, 2025 0.40
Aug 31, 2024 0.04
May 31, 2024 0.10
Feb 29, 2024 0.13
Nov 30, 2023 0.13
Aug 31, 2023 0.13
May 31, 2023 0.06
Feb 28, 2023 0.15
Nov 30, 2022 0.22
Aug 31, 2022 0.10
Feb 28, 2022 0.01