Increase in Adjusted NII Per Share
Adjusted Net Investment Income (NII) per share increased by 17.9% from the previous quarter, reflecting strong earnings performance.
NAV Improvement
Net Asset Value (NAV) increased by 7.8% from the same quarter last year and by 0.9% from the previous quarter.
Strong Return on Equity
The latest 12-month return on equity was 9.3%, up from 4.4% last year and from 7.5% last quarter, surpassing the industry average of 7%.
Healthy Portfolio Quality
Overall portfolio credit quality remained strong with only 0.6% of investments on nonaccrual status, significantly lower than the industry average of 3.7%.
Investment Capacity
Saratoga maintains $430 million of investment capacity, with $224 million in cash, providing flexibility for future investments.