{"id":224,"date":"2015-05-21T20:08:20","date_gmt":"2015-05-21T20:08:20","guid":{"rendered":"http:\/\/henristeenkamp.com\/?p=224"},"modified":"2019-05-06T19:35:10","modified_gmt":"2019-05-06T19:35:10","slug":"saratoga-announces-fiscal-year-end-and-4th-quarter-2015-financial-results","status":"publish","type":"post","link":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/saratoga-announces-fiscal-year-end-and-4th-quarter-2015-financial-results\/","title":{"rendered":"Saratoga Announces Fiscal Year End and 4th Quarter 2015 Financial Results"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/henristeenkamp.com\/wp-content\/uploads\/2015\/01\/Screen-Shot-2015-01-02-at-3.08.27-PM-e1420229462616-300x69.png\" alt=\"Henri Steenkamp Saratoga Investment Corp.\" width=\"378\" height=\"87\" class=\"aligncenter  wp-image-109\" \/><\/p>\n<p>Saratoga Investment Corp. today announced financial results for its 2015 fiscal year end and fourth quarter.<\/p>\n<p>Here are some of the financial highlights:<\/p>\n<ul>\n<li>Net investment income on a weighted average per share basis of $1.80 and $0.53 for the year and quarter ended February 28, 2015, respectively. Adjusted for the incentive fee accrual related to net unrealized capital gains, the net investment income on a weighted per share basis was $1.85 and $0.50, respectively.<\/li>\n<li>Net investment income of $9.7 million and $2.9 million for the year and quarter ended February 28, 2015, respectively. Adjusted for the incentive fee accrual related to net unrealized capital gains, the net investment income was $10.0 million and $2.7 million, respectively.<\/li>\n<li>Net investment income yield as percentage of average net asset value (&#8220;Net Investment Income Yield&#8221;) was 8.2% and 9.5% for the year and quarter ended February 28, 2015, respectively. Adjusted for the incentive fee accrual related to net unrealized capital gains, the Net Investment Income Yield was 8.5% and 8.8%, respectively.<\/li>\n<li>Return on equity for the year and quarter ended February 28, 2015 was 9.3% and 8.9%, respectively.<\/li>\n<li>Earnings per share for the year and quarter ended February 28, 2015 was $2.04 and $0.50, respectively.<\/li>\n<li>Net asset value (&#8220;NAV&#8221;) was $122.6 million as of February 28, 2015, a $9.2 million increase from a NAV of $113.4 million as of February 28, 2014.<\/li>\n<li>NAV per share was $22.70 as of February 28, 2015, compared to $21.08 as of February 28, 2014.<\/li>\n<li>Investment portfolio activity for the year ended February 28, 2015\n<ul>\n<li>Cost of investments made during the period: $104.9 million<\/li>\n<li>Principal repayments during the period: $73.3 million<\/li>\n<\/ul>\n<\/li>\n<li>Investment portfolio activity for the quarter ended February 28, 2015\n<ul>\n<li>Cost of investments made during the period: $20.9 million<\/li>\n<li>Principal repayments during the period: $20.5 million<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><a href=\"http:\/\/ir.saratogainvestmentcorp.com\/releasedetail.cfm?ReleaseID=914245\" target=\"_blank\" rel=\"noopener noreferrer\">You can view the full press release here for more details.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saratoga Investment Corp. today announced financial results for its 2015 fiscal year end and fourth quarter. Here are some of the financial highlights: Net investment income on a weighted average per share basis of $1.80 and $0.53 for the year and quarter ended February 28, 2015, respectively. Adjusted for the incentive fee accrual related to [&hellip;]<\/p>\n","protected":false},"author":1176,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_mi_skip_tracking":false,"footnotes":""},"categories":[3,8,9,10],"tags":[94,110,112,113],"class_list":["post-224","post","type-post","status-publish","format-standard","hentry","category-blog","category-saratoga-newsletter","category-saratoga-posts","category-saratoga-press-releases","tag-press-release","tag-saratoga","tag-saratoga-investment","tag-saratoga-investment-corp"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/posts\/224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/users\/1176"}],"replies":[{"embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/comments?post=224"}],"version-history":[{"count":0,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/posts\/224\/revisions"}],"wp:attachment":[{"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/media?parent=224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/categories?post=224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ragnarok-ms.us\/henristeenkamp-com\/wp-json\/wp\/v2\/tags?post=224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}