Saratoga Investment (SAJ) Times Interest Earned (2021 - 2026)
Saratoga Investment's (SAJ) quarterly Times Interest Earned came in at 0.56 in Q2 2026, down 31.71% year-over-year from 0.81 in Q2 2025, and down 10.35% quarter-over-quarter from 0.62 in Q1 2026.
Analysis
Saratoga Investment (SAJ) Times Interest Earned (2021 - 2026) Analysis & Trends
Saratoga Investment has disclosed Times Interest Earned across 6 years of filings, most recently posting 0.56 for Q2 2026.
- In Q2 2026, Times Interest Earned fell 31.71% year-over-year to 0.56; the TTM figure through May 2026 stood at 0.68 (down 1.46% YoY), while the FY2026 annual figure was 0.75, down 26.67% from the prior year.
- Times Interest Earned came in at 0.56 for Q2 2026 at Saratoga Investment, down from 0.62 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of 1.39 in Q3 2024 to a low of 0.05 in Q4 2024.
- Average Times Interest Earned over 5 years is 0.92, with a median of 1.0 recorded in 2022.
- Year-over-year, Times Interest Earned plunged 104.2% in 2024 and soared 1829.81% in 2025.
- Over 5 years, Times Interest Earned stood at 1.17 in 2022, then decreased by 3.22% to 1.13 in 2023, then slumped by 104.2% to 0.05 in 2024, then soared by 1829.81% to 0.82 in 2025, then plunged by 32.3% to 0.56 in 2026.
- Per Business Quant data, the three most recent Times Interest Earned figures were 0.56 in Q2 2026, 0.62 in Q1 2026, and 0.82 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 1.71 |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 1.76 |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 1.44 |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 2.56 |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 1.28 |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 2.98 |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 1.40 |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 0.23 |
| 10 | Saratoga Investment | 409.08 Mn | 33.71 Mn | - | 0.56 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.56 |
| Feb 28, 2026 | 0.62 |
| Nov 30, 2025 | 0.82 |
| Aug 31, 2025 | 0.73 |
| May 31, 2025 | 0.81 |
| Feb 28, 2025 | 0.62 |
| Nov 29, 2024 | -0.05 |
| Aug 31, 2024 | 1.39 |
| May 31, 2024 | 1.11 |
| Feb 29, 2024 | 1.02 |
| Nov 30, 2023 | 1.13 |
| Aug 31, 2023 | 1.12 |
| May 31, 2023 | 1.36 |
| Feb 28, 2023 | 0.94 |
| Nov 30, 2022 | 1.17 |
| Aug 31, 2022 | 0.97 |
| May 31, 2022 | 1.16 |
| Feb 28, 2022 | 1.05 |
| Nov 30, 2021 | 1.07 |
| Aug 31, 2021 | 1.23 |