Oxford Square Capital Balance Sheet Health
Financial Health criteria checks 3/6
Oxford Square Capital has a total shareholder equity of $151.3M and total debt of $123.0M, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are $277.7M and $126.4M respectively. Oxford Square Capital's EBIT is $41.9M making its interest coverage ratio 3.9. It has cash and short-term investments of $5.7M.
Key information
81.3%
Debt to equity ratio
US$122.98m
Debt
Interest coverage ratio | 3.9x |
Cash | US$5.74m |
Equity | US$151.31m |
Total liabilities | US$126.36m |
Total assets | US$277.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 22T's short term assets ($9.7M) exceed its short term liabilities ($3.4M).
Long Term Liabilities: 22T's short term assets ($9.7M) do not cover its long term liabilities ($123.0M).
Debt to Equity History and Analysis
Debt Level: 22T's net debt to equity ratio (77.5%) is considered high.
Reducing Debt: 22T's debt to equity ratio has increased from 47.1% to 81.3% over the past 5 years.
Debt Coverage: 22T's debt is well covered by operating cash flow (53.4%).
Interest Coverage: 22T's interest payments on its debt are well covered by EBIT (3.9x coverage).