Oxford Square Capital
Market Cap
US$189.4m
Last Updated
2021/02/28 23:49 UTC
Data Sources
Company Financials +
Executive Summary
Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. More Details
Rewards
Risk Analysis
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
| OXSQ | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | -2.6% | -3.6% |
| 30 Day | 8.2% | 8.2% | 2.7% |
| 90 Day | 22.8% | 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 Year | 46.8%-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
2 weeks ago | Simply Wall St
Oxford Square Capital's (NASDAQ:OXSQ) Stock Price Has Reduced 37% In The Past Year6 months ago | Simply Wall St
Oxford Square Capital (NASDAQ:OXSQ) Has Returned Negative 15% To Its Shareholders In The Past Five Years2 years ago | Simply Wall St
Should You Be Concerned About Oxford Square Capital Corp's (NASDAQ:OXSQ) Earnings Growth?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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Interested Director | 18.08yrs | no data | 2.85% $ 5.4m | |
| President & COO | 16.25yrs | no data | 2.52% $ 4.8m | |
| CFO, Treasurer & Secretary | 5.5yrs | no data | 0.018% $ 34.5k | |
| Accounting Manager | no data | no data | no data | |
| Chief Compliance Officer | 5.67yrs | no data | no data | |
| Business Manager & Director of HR | no data | no data | no data | |
| Executive VP and Head of Risk & Portfolio Management | no data | no data | no data | |
| Principal | no data | no data | no data | |
| Senior Vice President | no data | no data | no data | |
| Senior MD & Portfolio Manager | no data | no data | no data | |
| Head of Business Development | no data | no data | no data | |
| Controller & VP of Finance | no data | no data | no data |
11.0yrs
Average Tenure
58yo
Average Age
Experienced Management: OXSQ's management team is seasoned and experienced (11 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Interested Director | 18.08yrs | no data | 2.85% $ 5.4m | |
| Independent Director | 4.17yrs | US$127.50k | 0.069% $ 129.9k | |
| Independent Lead Director | no data | US$135.00k | 0.14% $ 267.4k | |
| Interested Director | 18.08yrs | no data | no data | |
| Independent Chairman of the Board | 4.92yrs | US$155.00k | 0.035% $ 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OXSQ | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 2003 |
| 22T | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/28 23:49 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.