SAJ: the balance sheet

Balance Sheets Overview

Debt to Asset Ratio

68.39%

Unit: Dollar

Assets Breakdown

Liabilities Breakdown

Balance Sheets

2026-05-31

2026-02-28

2025-11-30

2025-08-31

Investment Unaffiliated Issuer

1,034,744,952

1,016,247,566

921,123,120

898,724,347

Investment Affiliated Issuer

50,325,404

52,710,911

52,298,789

52,755,641

Investment Affiliated Issuer Controlled

41,263,586

40,175,335

42,528,435

43,815,022

Investments at fair value

1,126,333,942

1,109,133,812

1,015,950,344

995,295,010

Cash and cash equivalents

46,140,915

1,680,070

52,298,401

105,660,178

Cash and cash equivalents, reserve accounts

14,667,902

20,105,683

117,259,809

95,144,529

Interest receivable (net of reserve of 863,908 and 470,751, respectively)

9,048,860

7,314,053

8,901,870

8,617,063

Management fee receivable

232,837

249,720

271,377

278,769

Other assets

999,726

781,766

2,280,150

1,215,885

Total assets

1,197,424,182

1,139,265,104

1,196,961,951

1,206,211,434

Revolving credit facilities

70,000,000

Deferred debt financing costs-Revolving Credit Facility

833,266

Notes payable-SBADebentures

170,000,000

Deferred debt financing costs-SBADebentures

3,621,941

Notes payable-Seven Point Zero Percentage Two Thousand Twenty Five Notes

12,000,000

Discount on notes payable-Seven Point Zero Percentage Two Thousand Twenty Five Notes

2,622

Deferred debt financing costs-Seven Point Zero Percentage Two Thousand Twenty Five Notes

348

Notes payable-Four Point Three Hunderend Seventy Five Two Thousand Twinty Six Notes

175,000,000

Premium on 4.375 notes payable 2026-Four Point Three Hunderend Seventy Five Two Thousand Twinty Six Notes

164,326

Deferred debt financing costs-Four Point Three Hunderend Seventy Five Two Thousand Twinty Six Notes

440,876

Notes payable-Four Point Thirty Five Two Thousand Twenty Seven Notes

75,000,000

Discount on notes payable-Four Point Thirty Five Two Thousand Twenty Seven Notes

147,988

Deferred debt financing costs-Four Point Thirty Five Two Thousand Twenty Seven Notes

515,174

Notes payable-Six Point Twenty Five Two Thousand Twenty Seven Notes

15,000,000

Deferred debt financing costs-Six Point Twenty Five Two Thousand Twenty Seven Notes

166,199

Notes payable-Six Point Zero Two THousand Twenty Seven Notes

105,500,000

Discount on notes payable-Six Point Zero Two THousand Twenty Seven Notes

68,143

Deferred debt financing costs-Six Point Zero Two THousand Twenty Seven Notes

1,171,054

Notes payable-Eight Point Zero Zero Two Thousand Twenty Seven Notes

46,000,000

Deferred debt financing costs-Eight Point Zero Zero Two Thousand Twenty Seven Notes

752,573

Notes payable-Eight Point One Twenty Five Two Thousand Twenty Seven Notes

60,375,000

Deferred debt financing costs-Eight Point One Twenty Five Two Thousand Twenty Seven Notes

950,880

Notes payable-Eight Point Fifty Percentage Two Thosand Twenty Eight Notes

57,500,000

Deferred debt financing costs-Eight Point Fifty Percentage Two Thosand Twenty Eight Notes

1,068,010

Base management and incentive fees payable

6,645,499

Deferred tax liability

4,559,105

Payable from open trades

2,000,000

Accounts payable and accrued expenses

1,915,770

Interest and debt fees payable

3,160,274

Due to manager

630,966

Total liabilities

818,969,224

743,109,350

783,755,039

795,711,866

Common stock, par value 0.001, 100,000,000 common shares authorized, 16,289,025 and 16,224,198 common shares issued and outstanding, respectively

16,289

16,224

16,145

16,027

Capital in excess of par value

440,588,956

439,202,477

437,092,856

434,306,847

Total distributable deficit

-62,150,287

-43,062,947

-23,902,089

-23,823,306

Total net assets

378,454,958

396,155,754

413,206,912

410,499,568

Total liabilities and net assets

1,197,424,182

1,139,265,104

1,196,961,951

1,206,211,434

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets Overview

Debt to Asset Ratio

68.39%

Unit: Dollar

Assets Breakdown

Liabilities Breakdown

Balance Sheets

2026-05-31

2026-02-28

2025-11-30

2025-08-31

Investment Unaffiliated Issuer

1,034,744,952

1,016,247,566

921,123,120

898,724,347

Investment Affiliated Issuer

50,325,404

52,710,911

52,298,789

52,755,641

Investment Affiliated Issuer Controlled

41,263,586

40,175,335

42,528,435

43,815,022

Investments at fair value

1,126,333,942

1,109,133,812

1,015,950,344

995,295,010

Cash and cash equivalents

46,140,915

1,680,070

52,298,401

105,660,178

Cash and cash equivalents, reserve accounts

14,667,902

20,105,683

117,259,809

95,144,529

Interest receivable (net of reserve of 863,908 and 470,751, respectively)

9,048,860

7,314,053

8,901,870

8,617,063

Management fee receivable

232,837

249,720

271,377

278,769

Other assets

999,726

781,766

2,280,150

1,215,885

Total assets

1,197,424,182

1,139,265,104

1,196,961,951

1,206,211,434

Revolving credit facilities

70,000,000

Deferred debt financing costs-Revolving Credit Facility

833,266

Notes payable-SBADebentures

170,000,000

Deferred debt financing costs-SBADebentures

3,621,941

Notes payable-Seven Point Zero Percentage Two Thousand Twenty Five Notes

12,000,000

Discount on notes payable-Seven Point Zero Percentage Two Thousand Twenty Five Notes

2,622

Deferred debt financing costs-Seven Point Zero Percentage Two Thousand Twenty Five Notes

348

Notes payable-Four Point Three Hunderend Seventy Five Two Thousand Twinty Six Notes

175,000,000

Premium on 4.375 notes payable 2026-Four Point Three Hunderend Seventy Five Two Thousand Twinty Six Notes

164,326

Deferred debt financing costs-Four Point Three Hunderend Seventy Five Two Thousand Twinty Six Notes

440,876

Notes payable-Four Point Thirty Five Two Thousand Twenty Seven Notes

75,000,000

Discount on notes payable-Four Point Thirty Five Two Thousand Twenty Seven Notes

147,988

Deferred debt financing costs-Four Point Thirty Five Two Thousand Twenty Seven Notes

515,174

Notes payable-Six Point Twenty Five Two Thousand Twenty Seven Notes

15,000,000

Deferred debt financing costs-Six Point Twenty Five Two Thousand Twenty Seven Notes

166,199

Notes payable-Six Point Zero Two THousand Twenty Seven Notes

105,500,000

Discount on notes payable-Six Point Zero Two THousand Twenty Seven Notes

68,143

Deferred debt financing costs-Six Point Zero Two THousand Twenty Seven Notes

1,171,054

Notes payable-Eight Point Zero Zero Two Thousand Twenty Seven Notes

46,000,000

Deferred debt financing costs-Eight Point Zero Zero Two Thousand Twenty Seven Notes

752,573

Notes payable-Eight Point One Twenty Five Two Thousand Twenty Seven Notes

60,375,000

Deferred debt financing costs-Eight Point One Twenty Five Two Thousand Twenty Seven Notes

950,880

Notes payable-Eight Point Fifty Percentage Two Thosand Twenty Eight Notes

57,500,000

Deferred debt financing costs-Eight Point Fifty Percentage Two Thosand Twenty Eight Notes

1,068,010

Base management and incentive fees payable

6,645,499

Deferred tax liability

4,559,105

Payable from open trades

2,000,000

Accounts payable and accrued expenses

1,915,770

Interest and debt fees payable

3,160,274

Due to manager

630,966

Total liabilities

818,969,224

743,109,350

783,755,039

795,711,866

Common stock, par value 0.001, 100,000,000 common shares authorized, 16,289,025 and 16,224,198 common shares issued and outstanding, respectively

16,289

16,224

16,145

16,027

Capital in excess of par value

440,588,956

439,202,477

437,092,856

434,306,847

Total distributable deficit

-62,150,287

-43,062,947

-23,902,089

-23,823,306

Total net assets

378,454,958

396,155,754

413,206,912

410,499,568

Total liabilities and net assets

1,197,424,182

1,139,265,104

1,196,961,951

1,206,211,434

Time Plot

Show the time plot by selecting a row from the table.