Oxford Square Capital Balance Sheet Health
Financial Health criteria checks 3/6
Oxford Square Capital has a total shareholder equity of $159.5M and total debt of $123.4M, which brings its debt-to-equity ratio to 77.4%. Its total assets and total liabilities are $312.9M and $153.5M respectively. Oxford Square Capital's EBIT is $36.2M making its interest coverage ratio 4.5. It has cash and short-term investments of $43.2M.
Key information
77.4%
Debt to equity ratio
US$123.44m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$43.19m |
| Equity | US$159.47m |
| Total liabilities | US$153.45m |
| Total assets | US$312.92m |
Recent financial health updates
No updates
Recent updates
Yield Hunting Part 7: Are We Going Too Far With Oxford Square Baby Bonds At 8%+?
Feb 05Oxford Square Capital: Staying Far Away From This Deteriorating BDC As A Dividend Cut Is Incoming
Dec 05Oxford Square Capital: Q2 Earnings Show Little Portfolio Improvement
Aug 13Oxford Square Capital: Increased Risk Level Without The Benefits
May 19Oxford Square Capital Q2 2022 Earnings Preview
Jul 25Oxford Square Capital (NASDAQ:OXSQ) Has Affirmed Its Dividend Of US$0.035
Jun 08
Oxford Square Capital Corp: Not A Safe Choice For Income Investors, Just Yet
Nov 18Oxford Square Capital NII beats by $0.01, beats on total investment income
Apr 27Here's Why We're Wary Of Buying Oxford Square Capital's (NASDAQ:OXSQ) For Its Upcoming Dividend
Mar 13Oxford Square Capital's (NASDAQ:OXSQ) Stock Price Has Reduced 37% In The Past Year
Feb 12
Oxford Square Capital Is A Value Destroyer
Dec 22Financial Position Analysis
Short Term Liabilities: OXSQ's short term assets ($48.7M) exceed its short term liabilities ($30.0M).
Long Term Liabilities: OXSQ's short term assets ($48.7M) do not cover its long term liabilities ($123.4M).
Debt to Equity History and Analysis
Debt Level: OXSQ's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: OXSQ's debt to equity ratio has increased from 59.5% to 77.4% over the past 5 years.
Debt Coverage: OXSQ's debt is well covered by operating cash flow (33.9%).
Interest Coverage: OXSQ's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 20:19 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Oxford Square Capital Corp. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kannan Venkateshwar | Barclays |
| Christopher Testa | B. Riley Wealth |
| Rahul Agarwal | Guggenheim Securities, LLC |