NasdaqGS:OXSQ

Stock Analysis Report

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Executive Summary

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. More Details


Snowflake Analysis

Mediocre balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Oxford Square Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: OXSQ is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: OXSQ's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.8%

OXSQ

-2.6%

US Capital Markets

-3.6%

US Market


1 Year Return

-26.8%

OXSQ

38.2%

US Capital Markets

36.5%

US Market

Return vs Industry: OXSQ underperformed the US Capital Markets industry which returned 38.1% over the past year.

Return vs Market: OXSQ underperformed the US Market which returned 36.4% over the past year.


Shareholder returns

OXSQIndustryMarket
7 Day-1.8%-2.6%-3.6%
30 Day8.2%8.2%2.7%
90 Day22.8%16.2%7.5%
1 Year-12.0%-26.8%41.5%38.2%39.5%36.5%
3 Year-1.8%-37.6%39.5%29.2%53.5%43.6%
5 Year46.8%-32.1%140.6%110.9%117.5%93.2%

Long-Term Price Volatility Vs. Market

How volatile is Oxford Square Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Oxford Square Capital undervalued compared to its fair value and its price relative to the market?

0.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate OXSQ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate OXSQ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: OXSQ is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: OXSQ is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate OXSQ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: OXSQ is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (14.4x).


Next Steps

Future Growth

How is Oxford Square Capital forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

157.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OXSQ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: OXSQ is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: OXSQ's is expected to become profitable in the next 3 years.

Revenue vs Market: OXSQ's revenue is expected to decline over the next 3 years (-10.6% per year).

High Growth Revenue: OXSQ's revenue is forecast to decline over the next 3 years (-10.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if OXSQ's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Oxford Square Capital performed over the past 5 years?

-21.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OXSQ is currently unprofitable.

Growing Profit Margin: OXSQ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OXSQ is unprofitable, and losses have increased over the past 5 years at a rate of 21% per year.

Accelerating Growth: Unable to compare OXSQ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OXSQ is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (9%).


Return on Equity

High ROE: OXSQ has a negative Return on Equity (-22.44%), as it is currently unprofitable.


Next Steps

Financial Health

How is Oxford Square Capital's financial position?


Financial Position Analysis

Short Term Liabilities: OXSQ's short term assets ($3.8M) exceed its short term liabilities ($2.0M).

Long Term Liabilities: OXSQ's short term assets ($3.8M) do not cover its long term liabilities ($106.7M).


Debt to Equity History and Analysis

Debt Level: OXSQ's debt to equity ratio (55.9%) is considered high.

Reducing Debt: OXSQ's debt to equity ratio has reduced from 106.8% to 55.9% over the past 5 years.

Debt Coverage: OXSQ's debt is well covered by operating cash flow (59.7%).

Interest Coverage: OXSQ is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Oxford Square Capital current dividend yield, its reliability and sustainability?

10.99%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: OXSQ's dividend (10.99%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: OXSQ's dividend (10.99%) is in the top 25% of dividend payers in the US market (3.77%)


Stability and Growth of Payments

Stable Dividend: OXSQ's dividend payments have been volatile in the past 10 years.

Growing Dividend: OXSQ's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: OXSQ is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.0yrs

Average management tenure


CEO

Jonathan Cohen (55 yo)

18.08yrs

Tenure

Mr. Jonathan Harris Cohen serves as the Chief Executive Officer at Oxford Square Management, LLC. Mr. Jonathan Harris Cohen has been the Chief Executive Officer of Oxford Square Capital Corp. (formerly, TI...


Leadership Team

NamePositionTenureCompensationOwnership
Jonathan Cohen
CEO & Interested Director18.08yrsno data2.85%
$ 5.4m
Saul Rosenthal
President & COO16.25yrsno data2.52%
$ 4.8m
Bruce Rubin
CFO, Treasurer & Secretary5.5yrsno data0.018%
$ 34.5k
Jeffrey Faenza
Accounting Managerno datano datano data
Gerald Cummins
Chief Compliance Officer5.67yrsno datano data
Sarah Freeman
Business Manager & Director of HRno datano datano data
Darryl Monasebian
Executive VP and Head of Risk & Portfolio Managementno datano datano data
Joseph Kupka
Principalno datano datano data
Hooman Banafsheha
Senior Vice Presidentno datano datano data
Debdeep Maji
Senior MD & Portfolio Managerno datano datano data
Gannon McCaffery
Head of Business Developmentno datano datano data
Vincent Gurrera
Controller & VP of Financeno datano datano data

11.0yrs

Average Tenure

58yo

Average Age

Experienced Management: OXSQ's management team is seasoned and experienced (11 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jonathan Cohen
CEO & Interested Director18.08yrsno data2.85%
$ 5.4m
George Stelljes
Independent Director4.17yrsUS$127.50k0.069%
$ 129.9k
Richard Neu
Independent Lead Directorno dataUS$135.00k0.14%
$ 267.4k
Charles Royce
Interested Director18.08yrsno datano data
Steven Novak
Independent Chairman of the Board4.92yrsUS$155.00k0.035%
$ 66.5k

11.5yrs

Average Tenure

64yo

Average Age

Experienced Board: OXSQ's board of directors are seasoned and experienced ( 11.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.


Top Shareholders

Company Information

Oxford Square Capital Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oxford Square Capital Corp.
  • Ticker: OXSQ
  • Exchange: NasdaqGS
  • Founded: 2003
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$189.432m
  • Shares outstanding: 49.59m
  • Website: https://www.ticc.com

Location

  • Oxford Square Capital Corp.
  • 8 Sound Shore Drive
  • Suite 255
  • Greenwich
  • Connecticut
  • 6830
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OXSQNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 2003
22TDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2003

Biography

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both p...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 23:49
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.