Saratoga Investment (SAR) Interest Expense - Debt (2021 - 2026)
Saratoga Investment's Interest Expense - Debt was -$3.8 million in fiscal Q4 2026 (quarter ended Feb 28, 2026), compared with -$4.9 million a year earlier.
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Analysis
Saratoga Investment (SAR) Interest Expense - Debt (2021 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Interest Expense - Debt at Saratoga Investment came in at $100,000, down 75.0% from FY2025.
- Interest Expense - Debt has now declined for three consecutive fiscal years, with a four-year compound annual growth rate of -61.8% (FY2022 to FY2026).
- In earlier fiscal years, Interest Expense - Debt was $400,000 in FY2025 (-93.5%), $6.2 million in FY2024 (-96.9%), $202 million in FY2023 and $4.7 million in FY2022.
- Quarterly Interest Expense - Debt has moved between -$200 million (fiscal Q2 2024) and $202 million (fiscal Q1 2024) over five years.
- Per Business Quant data, SAR's Interest Expense - Debt in the three fiscal quarters before Q4 2026 was $1.3 million (Q3 2026), -$2.4 million (Q2 2026) and $5 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 33.06 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 111.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Saratoga Investment | 272.03 Mn | 66.25 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | -3.80 Mn |
| Nov 30, 2025 | 1.30 Mn |
| Aug 31, 2025 | -2.40 Mn |
| May 31, 2025 | 5.00 Mn |
| Feb 28, 2025 | -4.90 Mn |
| Aug 31, 2024 | 1.80 Mn |
| May 31, 2024 | 1.80 Mn |
| Feb 29, 2024 | 3.20 Mn |
| Nov 30, 2023 | 1.00 Mn |
| Aug 31, 2023 | -200.00 Mn |
| May 31, 2023 | 202.00 Mn |
| Feb 28, 2023 | 200.80 Mn |
| Nov 30, 2022 | 500,000.00 |
| Aug 31, 2022 | -400,000.00 |
| May 31, 2022 | 1.10 Mn |
| Feb 28, 2022 | 1.30 Mn |
| Nov 30, 2021 | 1.10 Mn |
| Aug 31, 2021 | 1.20 Mn |
API Access
Saratoga Investment Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=SAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "SAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=SAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();