Saratoga Investment Corp
NYSE:SAR
Cash Flow Statement
Cash Flow Statement
Saratoga Investment Corp
Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | Aug-2023 | Nov-2023 | Feb-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
9
|
6
|
10
|
12
|
11
|
17
|
15
|
15
|
12
|
8
|
12
|
10
|
11
|
9
|
11
|
13
|
18
|
21
|
17
|
16
|
19
|
22
|
27
|
37
|
56
|
25
|
40
|
32
|
15
|
58
|
45
|
47
|
46
|
23
|
16
|
14
|
25
|
26
|
33
|
23
|
9
|
|
Change in Deffered Taxes |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
1
|
0
|
|
Other Non-Cash Items |
(0)
|
1
|
(2)
|
(4)
|
(2)
|
(9)
|
(5)
|
(5)
|
(2)
|
4
|
(1)
|
2
|
(0)
|
3
|
1
|
(3)
|
(8)
|
(11)
|
(5)
|
(3)
|
(4)
|
(10)
|
(14)
|
(24)
|
(44)
|
(5)
|
(18)
|
(14)
|
5
|
(45)
|
(33)
|
(32)
|
(28)
|
2
|
13
|
22
|
15
|
22
|
23
|
39
|
56
|
|
Cash Taxes Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
5
|
5
|
1
|
1
|
1
|
3
|
3
|
3
|
3
|
0
|
1
|
1
|
|
Cash Interest Paid |
5
|
6
|
6
|
6
|
6
|
6
|
7
|
7
|
7
|
8
|
8
|
8
|
8
|
8
|
8
|
9
|
10
|
10
|
10
|
10
|
12
|
13
|
14
|
15
|
14
|
13
|
12
|
12
|
12
|
13
|
15
|
14
|
18
|
16
|
22
|
24
|
29
|
35
|
38
|
42
|
44
|
|
Change in Working Capital |
(38)
|
(62)
|
(49)
|
(45)
|
(31)
|
(13)
|
(3)
|
14
|
(42)
|
(18)
|
(25)
|
(38)
|
(4)
|
(67)
|
(59)
|
(55)
|
(41)
|
1
|
(52)
|
(100)
|
(53)
|
(53)
|
(75)
|
(13)
|
(28)
|
(71)
|
(6)
|
(50)
|
(83)
|
(144)
|
(112)
|
(66)
|
(221)
|
(206)
|
(300)
|
(344)
|
(170)
|
(209)
|
(164)
|
(166)
|
(222)
|
|
Cash from Operating Activities |
(30)
N/A
|
(54)
-83%
|
(41)
+24%
|
(37)
+9%
|
(22)
+42%
|
(5)
+75%
|
7
N/A
|
23
+236%
|
(32)
N/A
|
(7)
+78%
|
(14)
-105%
|
(26)
-86%
|
7
N/A
|
(55)
N/A
|
(47)
+15%
|
(44)
+6%
|
(31)
+30%
|
11
N/A
|
(41)
N/A
|
(87)
-110%
|
(40)
+54%
|
(42)
-5%
|
(63)
-50%
|
(1)
+99%
|
(15)
-2 126%
|
(49)
-224%
|
16
N/A
|
(31)
N/A
|
(62)
-103%
|
(131)
-110%
|
(100)
+24%
|
(52)
+48%
|
(203)
-288%
|
(182)
+11%
|
(271)
-49%
|
(309)
-14%
|
(130)
+58%
|
(161)
-24%
|
(108)
+33%
|
(104)
+4%
|
(157)
-51%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(4)
|
(3)
|
(1)
|
1
|
6
|
8
|
6
|
34
|
31
|
32
|
34
|
39
|
87
|
86
|
84
|
48
|
(1)
|
(4)
|
(5)
|
(3)
|
13
|
24
|
22
|
18
|
1
|
(11)
|
(9)
|
17
|
28
|
42
|
|
Net Issuance of Debt |
35
|
28
|
32
|
38
|
37
|
20
|
15
|
7
|
27
|
25
|
26
|
33
|
18
|
64
|
50
|
32
|
24
|
(22)
|
44
|
64
|
69
|
69
|
19
|
7
|
(75)
|
(56)
|
(9)
|
(3)
|
68
|
147
|
125
|
165
|
219
|
262
|
215
|
234
|
208
|
146
|
152
|
103
|
87
|
|
Cash Paid for Dividends |
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(7)
|
(7)
|
(8)
|
(8)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(17)
|
(13)
|
(14)
|
(13)
|
(11)
|
(15)
|
(16)
|
(17)
|
(18)
|
(20)
|
(21)
|
(21)
|
(23)
|
(24)
|
(27)
|
(30)
|
(32)
|
|
Other |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(2)
|
1
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
3
|
4
|
|
Cash from Financing Activities |
33
N/A
|
26
-22%
|
30
+16%
|
35
+17%
|
35
+1%
|
18
-49%
|
8
-54%
|
0
-99%
|
19
+38 280%
|
16
-19%
|
18
+19%
|
23
+23%
|
8
-63%
|
56
+568%
|
43
-23%
|
30
-30%
|
22
-24%
|
(25)
N/A
|
66
N/A
|
82
+25%
|
88
+7%
|
89
+1%
|
44
-51%
|
78
+77%
|
(8)
N/A
|
14
N/A
|
25
+80%
|
(17)
N/A
|
53
N/A
|
125
+137%
|
108
-14%
|
162
+51%
|
226
+39%
|
263
+16%
|
211
-20%
|
212
+1%
|
174
-18%
|
113
-35%
|
144
+27%
|
104
-28%
|
102
-2%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
3
N/A
|
(29)
N/A
|
(11)
+61%
|
(3)
+77%
|
13
N/A
|
13
-6%
|
15
+20%
|
23
+53%
|
(13)
N/A
|
9
N/A
|
4
-51%
|
(4)
N/A
|
15
N/A
|
0
-98%
|
(4)
N/A
|
(15)
-225%
|
(8)
+43%
|
(14)
-69%
|
25
N/A
|
(4)
N/A
|
48
N/A
|
47
-2%
|
(19)
N/A
|
77
N/A
|
(23)
N/A
|
(35)
-55%
|
41
N/A
|
(47)
N/A
|
(10)
+80%
|
(6)
+39%
|
8
N/A
|
110
+1 293%
|
23
-79%
|
82
+255%
|
(61)
N/A
|
(97)
-60%
|
43
N/A
|
(48)
N/A
|
36
N/A
|
(0)
N/A
|
(56)
-280 978%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
(30)
N/A
|
(54)
-83%
|
(41)
+24%
|
(37)
+9%
|
(22)
+42%
|
(5)
+75%
|
7
N/A
|
23
+236%
|
(32)
N/A
|
(7)
+78%
|
(14)
-105%
|
(26)
-86%
|
7
N/A
|
(55)
N/A
|
(47)
+15%
|
(44)
+6%
|
(31)
+30%
|
11
N/A
|
(41)
N/A
|
(87)
-110%
|
(40)
+54%
|
(42)
-5%
|
(63)
-50%
|
(1)
+99%
|
(15)
-2 126%
|
(49)
-224%
|
16
N/A
|
(31)
N/A
|
(62)
-103%
|
(131)
-110%
|
(100)
+24%
|
(52)
+48%
|
(203)
-288%
|
(182)
+11%
|
(271)
-49%
|
(309)
-14%
|
(130)
+58%
|
(161)
-24%
|
(108)
+33%
|
(104)
+4%
|
(157)
-51%
|