Saratoga Investment (SAY) Debt to Equity (2022 - 2026)

Saratoga Investment's Debt to Equity history runs 5 years deep, the most recent figure standing at $0.18 for Q1 2026.

• In Q1 2026, Debt to Equity rose 32.16% year-over-year to $0.18; the TTM figure through Feb 2026 stood at $0.18 (up 32.16% YoY), while the FY2026 annual figure was $0.18, up 32.16% from the prior year.
• Debt to Equity came in at $0.18 for Q1 2026 at Saratoga Investment, up from -$2.93 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $2.1 in Q2 2023 to a low of -$10.76 in Q2 2024.
• A 5-year average of -$0.69 and a median of $0.09 in 2024 frame the typical range for Debt to Equity.
• Across the five-year window, Debt to Equity soared 166.61% in 2023 and plunged 611.89% in 2024, its largest moves.
• Saratoga Investment's Debt to Equity stood at $0.07 in 2022, then sank by 34.26% to $0.05 in 2023, then jumped by 187.48% to $0.14 in 2024, then tumbled by 2181.2% to -$2.93 in 2025, then soared by 106.03% to $0.18 in 2026.
• According to Business Quant data, Debt to Equity over the past three periods registered $0.18, -$2.93, and $0.16 for Q1 2026, Q4 2025, and Q3 2025 respectively.

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