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
Oxford 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).