Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) Financials
Newest figures come from the 10-K for FY2026, filed May 27, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CSWCZ SEC filings page.
This page shows Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business expands its asset base through recurring financing inflows, while reported earnings coexist with cash outflows and rising interest costs.
Asset expansion coincided with ROA increasing from4.4% to6.2% , indicating improved earnings yield as the balance sheet grew rather than growth coming only from added assets. Leverage remained broadly stable near 1.1x debt-to-equity in FY2026, so the higher returns were not primarily explained by steadily increasing gearing.
Net income reached
Net income climbed every year, while shares outstanding more than doubled over the period; per-share earnings therefore did not track company-level earnings smoothly. The FY2026 dividend per share of
Financial Health Signals
Capital Southwest Corporation 7.75% Notes due 2028 does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Capital Southwest Corporation 7.75% Notes due 2028 passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Capital Southwest Corporation 7.75% Notes due 2028 used $1.43 of operating cash (-$193.5M OCF vs $135.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Capital Southwest Corporation 7.75% Notes due 2028 reported $27.5M in net income in Q4 2026. This represents an increase of 56.5% from the same quarter a year earlier. Against the prior quarter it is down 16.5%.
Capital Southwest Corporation 7.75% Notes due 2028 earned $0.44 per diluted share (EPS) in Q4 2026. This represents an increase of 25.7% from the same quarter a year earlier. Against the prior quarter it is down 18.5%.
Not reported for Q4 2026.
Not reported for Q4 2026.
Cash & Balance Sheet
Capital Southwest Corporation 7.75% Notes due 2028 recorded an outflow of $59.2M in free cash flow in Q4 2026, representing a cash shortfall after capex. This represents a decrease of 0.1% from the same quarter a year earlier. Against the prior quarter it is up 36.8%.
Capital Southwest Corporation 7.75% Notes due 2028 held $29.0M in cash against $1.1B in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Margins & Returns
Capital Southwest Corporation 7.75% Notes due 2028's ROE was 2.7% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
Not reported for Q4 2026.
Not reported for Q4 2026.
Not reported for Q4 2026.
Capital Allocation
Capital Southwest Corporation 7.75% Notes due 2028 invested $49K in capex in Q4 2026, funding long-term assets and infrastructure. This represents a decrease of 87.6% from the same quarter a year earlier. Against the prior quarter it is up 226.7%.
Not reported for Q4 2026.
Not reported for Q4 2026.
CSWCZ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | N/A | $1.7M+3.7% | $1.7M+12.4% | $1.7M+5.3% | N/A | $1.6M+26.3% | $1.5M+11.7% | $1.6M+26.0% |
| Interest Expense | N/A | $18.1M+22.7% | $16.0M+27.3% | $15.3M+22.6% | N/A | $14.7M+28.3% | $12.6M+20.1% | $12.4M+28.6% |
| Income Tax | N/A | -$2.4M-741.4% | $2.0M+276.6% | $828K-65.9% | N/A | $367K-59.5% | -$1.2M-47.0% | $2.4M+443.0% |
| Net Income | $27.5M+56.5% | $32.9M+102.2% | $25.6M+12.9% | $27.0M+92.4% | $17.6M+30.4% | $16.3M-30.7% | $22.7M+0.3% | $14.0M-41.1% |
| EPS (Basic) | $0.46-14.8% | $0.57+67.6% | $0.46-4.2% | $0.50+61.3% | $0.54-19.4% | $0.34-51.4% | $0.48-30.4% | $0.31-52.3% |
| EPS (Diluted) | $0.44+25.7% | $0.54+58.8% | $0.44-8.3% | $0.48+54.8% | $0.35 | $0.34-51.4% | $0.48-30.4% | $0.31-52.3% |
| Diluted Shares (Avg) | N/A | 67M+23.5% | 65M+37.2% | 63M+37.5% | N/A | 54M+30.4% | 47M+19.0% | 46M+21.5% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
CSWCZ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.2B+15.7% | $2.1B+18.3% | $2.0B+26.0% | $1.9B+21.9% | $1.9B+20.9% | $1.8B+25.2% | $1.6B+13.2% | $1.5B+15.5% |
| Cash & Equivalents | $29.0M-32.8% | $42.6M+18.2% | $87.4M+85.1% | $46.9M+40.8% | $43.2M+33.9% | $36.0M+52.6% | $47.2M+105.2% | $33.3M+56.5% |
| Total Liabilities | $1.2B+16.7% | $1.1B+16.9% | $1.1B+32.1% | $965.9M+26.0% | $999.2M+24.7% | $958.6M+35.3% | $813.2M+7.1% | $766.7M+9.4% |
| Long-Term Debt | $1.1B+18.3% | $1.1B+16.5% | $1.0B+31.8% | $926.0M+25.9% | $956.1M+24.0% | $920.2M+35.8% | $785.0M+7.1% | $735.4M+9.4% |
| Total Equity | $1.0B+14.4% | $995.6M+19.9% | $947.0M+19.7% | $916.5M+17.9% | $883.6M+16.9% | $830.4M+15.2% | $791.3M+20.3% | $777.3M+22.2% |
| Retained Earnings | -$79.0M+10.9% | -$76.5M+10.7% | -$107.5M-41.7% | -$97.1M-42.7% | -$88.7M-68.9% | -$85.6M-107.8% | -$75.8M-76.0% | -$68.0M-66.1% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.
CSWCZ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$59.1M-0.7% | -$93.6M+43.5% | -$71.2M-198.9% | $30.5M-2.0% | -$58.7M+42.5% | -$165.8M-1020.5% | -$23.8M+51.2% | $31.1M+156.0% |
| Depreciation & Amortization | N/A | N/A | N/A | $1.7M+31.7% | N/A | N/A | N/A | $1.3M+64.2% |
| Stock-Based Compensation | N/A | $1.3M-16.5% | $1.3M-17.4% | $1.1M-6.6% | N/A | $1.5M+30.0% | $1.5M+24.4% | $1.2M+27.1% |
| Capital Expenditures | $49K-87.6% | $15K-98.0% | $81K-83.7% | $141K+464.0% | $396K+3860.0% | $748K+74700.0% | $497K | $25K+1150.0% |
| Free Cash Flow | -$59.2M-0.1% | -$93.6M+43.8% | -$71.3M-193.1% | $30.4M-2.4% | -$59.1M+42.1% | -$166.6M-1024.7% | -$24.3M+50.1% | $31.1M+155.9% |
| Investing Cash Flow | -$49K+87.6% | -$15K+98.0% | -$81K+83.7% | -$141K-464.0% | -$396K-3860.0% | -$748K-74700.0% | -$497K | -$25K-1150.0% |
| Financing Cash Flow | $44.4M-34.7% | $48.8M-68.6% | $111.8M+192.3% | -$26.7M+11.3% | $68.0M-38.6% | $155.3M+991.4% | $38.3M-24.3% | -$30.1M-154.4% |
| Dividends Paid | $38.5M+14.4% | $37.3M+18.3% | $36.0M+18.0% | $35.3M+19.8% | $33.7M+18.7% | $31.5M+17.2% | $30.5M+23.0% | $29.5M+28.8% |
Not reported in any period shown, so not listed: Share Buybacks.
CSWCZ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | 2.7%+0.7pp | 3.3%+1.3pp | 2.7%-0.2pp | 2.9%+1.1pp | 2.0%+0.2pp | 2.0%-1.3pp | 2.9%-0.6pp | 1.8%-1.9pp |
| Return on Assets | 1.3%+0.3pp | 1.6%+0.6pp | 1.3%-0.1pp | 1.4%+0.5pp | 0.9%+0.1pp | 0.9%-0.7pp | 1.4%-0.2pp | 0.9%-0.9pp |
| Debt-to-Equity | 1.120.0x | 1.080.0x | 1.09+0.1x | 1.01+0.1x | 1.08+0.1x | 1.11+0.2x | 0.99-0.1x | 0.95-0.1x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Where Capital Southwest Corporation 7.75% Notes due 2028 Ranks
Frequently Asked Questions
Is Capital Southwest Corporation 7.75% Notes due 2028 profitable?
Yes, Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) reported a net income of $135.5M in fiscal year 2026.
How much debt does Capital Southwest Corporation 7.75% Notes due 2028 have?
As of fiscal year 2026, Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) had $29.0M in cash and equivalents against $1.1B in long-term debt.
Does Capital Southwest Corporation 7.75% Notes due 2028 pay dividends?
Yes, Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) paid $2.56 per share in dividends during fiscal year 2026.
What is Capital Southwest Corporation 7.75% Notes due 2028's return on equity (ROE)?
Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) has a return on equity of 13.4% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Capital Southwest Corporation 7.75% Notes due 2028's free cash flow?
Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) recorded an outflow of $193.8M in free cash flow during fiscal year 2026. This represents a 11.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Capital Southwest Corporation 7.75% Notes due 2028's operating cash flow?
Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) recorded an outflow of $193.5M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Capital Southwest Corporation 7.75% Notes due 2028's total assets?
Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) had $2.2B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Capital Southwest Corporation 7.75% Notes due 2028's capital expenditures?
Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) invested $286K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Capital Southwest Corporation 7.75% Notes due 2028's debt-to-equity ratio?
Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) had a debt-to-equity ratio of 1.12 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Capital Southwest Corporation 7.75% Notes due 2028's return on assets (ROA)?
Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) had a return on assets of 6.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Capital Southwest Corporation 7.75% Notes due 2028's Piotroski F-Score?
Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Capital Southwest Corporation 7.75% Notes due 2028's earnings high quality?
For every $1 of reported earnings, Capital Southwest Corporation 7.75% Notes due 2028 (CSWCZ) used $1.43 of operating cash (-$193.5M OCF vs $135.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.