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Saratoga Investment (Saratoga Investment) Net Income : $22.83 Mil (TTM As of Nov. 2023)


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What is Saratoga Investment Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Saratoga Investment's Net Income for the three months ended in Nov. 2023 was $-4.06 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2023 was $22.83 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Saratoga Investment's Earnings per Share (Diluted) for the three months ended in Nov. 2023 was $-0.31.


Saratoga Investment Net Income Historical Data

The historical data trend for Saratoga Investment's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Saratoga Investment Net Income Chart

Saratoga Investment Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.51 55.74 14.78 45.74 24.68

Saratoga Investment Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.01 19.20 -0.21 7.90 -4.06

Saratoga Investment Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Saratoga Investment's Net Income for the fiscal year that ended in Feb. 2023 is calculated as

Net Income(A: Feb. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=26.757+-2.081+0+-3.5527136788005E-15
=24.68

Saratoga Investment's Net Income for the quarter that ended in Nov. 2023 is calculated as

Net Income(Q: Nov. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.42+-0.636+0+0
=-4.06

Net Income for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.83 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Saratoga Investment  (NYSE:SAR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Saratoga Investment's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Saratoga Investment Net Income Related Terms

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Saratoga Investment (Saratoga Investment) Business Description

Traded in Other Exchanges
N/A
Address
535 Madison Avenue, 4th Floor, New York, NY, USA, 10022
Saratoga Investment Corp is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The company invests in senior and unitranche leveraged loans and mezzanine debt and, to a lesser extent, equity issued by private U.S. middle-market companies, which it defines as companies having annual earnings before interest, taxes, depreciation and amortization (EBITDA) under $50 million, both through direct lending and through participation in loan syndicates.
Executives
Christian L Oberbeck director, 10 percent owner, officer: CEO and Director C/O KOPPERS INC, 436 SEVENTH AVENUE, SUITE 1550, PITTSBURG PA 15219
Steven M Looney director 132 WAIKU ROAD, RIDGEWOOD NJ 07450-2322
Henri J Steenkamp officer: Chief Financial Officer SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Williams George Cabell Iii director 5422 ALBIA ROAD, BETHESDA MD 20816
Elizabeth Oberbeck 10 percent owner C/O SARATOGA INVESTMENT CORP., 535 MADISON AVENUE, NEW YORK NY 10022
Michael J Grisius director, officer: President and Director 1919 PENNSYLVANIA AVE NW, 3RD FL, WASHINGTON DC 20006
Whitman Iii Charles S director C/O GSC INVESTMENT CORP., 12 EAST 49TH STREET, SUITE 3200, NEW YORK NY 10017
Phillips Charles G Iv other: Member of 10% owner group. C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Richard A Petrocelli director, officer: CFO, Secretary and CCO 1350 6TH AVENUE, 18TH FLOOR, NEW YORK NY 10019
John P. Birkelund other: Member of 10% owner group ETHAN ALLEN DRIVE, DANBURY CT 06811
John F. Macmurray other: Member of 10% owner group C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Durkin Charles P Jr other: Member of 10% owner group
Clo Partners Llc other: Member of 10% owner group 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Saratoga Investment Advisors, Llc other: Member of 10% owner group 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Ivo Turkedjiev officer: VP Corporate Credit Group C/O GSC INVESTMENT CORP, 888 SEVENTH AVE, NEW YORK NY 10019