Oxford Square Capital Corp

Oxford Square Capital Corp has a market price of $1.705 and a market capitalization of $159.46 million, with a price-to-book ratio of 1.07 and a price-to-tangible-book ratio of 1.07, indicating that the company is trading at a slight premium to its book value. The company's enterprise value to EBITDA ratio is 40.34, and its enterprise value to revenue ratio is 24.23, both of which are significantly higher than typical for the closed-end fund industry, suggesting a relatively high valuation.

The company's profitability metrics are weak, with a return on equity of -5.45% and a return on assets of -2.84%, both of which are below the industry median for closed-end funds. The net income for the period is negative at -$8.12 million, indicating a loss, and the operating income is $6.10 million, which is insufficient to cover the company's expenses and debt obligations. The debt-to-equity ratio of 0.83 suggests a moderate level of leverage, but the negative net cash position after subtracting total debt raises concerns about liquidity.

Oxford Square Capital Corp's revenue is concentrated in the financial sector, with no disclosed geographic diversification. The company's total assets amount to $285.49 million, and its total liabilities are $136.61 million, with long-term debt of $123.75 million. The company's cash and equivalents are $36.98 million, which is less than its long-term debt, indicating a potential liquidity risk.

The company's growth trajectory is uncertain, with no significant revenue growth reported in the latest financial data. The operating cash flow is $5.99 million, which is positive but not sufficient to cover the company's net loss. The company's future performance will depend on its ability to generate positive returns from its investment portfolio and manage its debt obligations.

The company's risk assessment indicates a medium level of liquidity risk and a low level of dilution risk. The key flag of negative net cash after subtracting total debt suggests that the company may need to raise additional capital or refinance its debt in the near term. The company's dilution risk is low, as there is no indication of significant share issuance or dilution potential.

Recent events and filings do not indicate any major changes in the company's business strategy or financial position. The company's analyst estimates suggest a neutral outlook, with a mean price target of $1.75 and a mean recommendation of 3.00 (Hold). There are no strong buy or buy recommendations, and the single hold recommendation reflects a cautious stance among analysts.

Analysts project 41.1% upside to a $1.75 price target, significantly above the current $1.24 market price.

Dilution risk is assessed as low, suggesting limited immediate threat to shareholder equity value from share issuance.

The firm faces high credit risk, exposing investors to potential losses from borrower defaults or deteriorating asset quality.

Return on equity turned negative at -5.45%, ranking in the bottom quartile compared to peer median of 4.33%.

Revenue $8.2M, −19,7% YoY; Operating income −32,0% YoY.

• ▍Revenue $8.2M, −19,7% YoY
• ▍Operating income −32,0% YoY
• ▍Operating margin 50.9%

Revenue $10.4M; Operating income $5.4M.

• ▍Revenue $10.4M
• ▍Operating income $5.4M
• ▍Net margin -123.9%

Revenue $40.3M, −5,5% YoY; Operating income −15,2% YoY.

• ▍Revenue $40.3M, −5,5% YoY
• ▍Operating income −15,2% YoY
• ▍Net income −418,6% YoY
• ▍Net margin -46.4%

Revenue $42.7M, −17,6% YoY; Operating income −2,7% YoY.

• ▍Revenue $42.7M, −17,6% YoY
• ▍Operating income −2,7% YoY
• ▍Net income −65,9% YoY
• ▍Net margin 13.8%

Revenue $51.8M, +20,2% YoY; Operating income +31,3% YoY.

• ▍Revenue $51.8M, +20,2% YoY
• ▍Operating income +31,3% YoY
• ▍Net income +120,2% YoY
• ▍Net margin 33.3%

Revenue $43.1M, +16,0% YoY; Operating income +28,5% YoY.

• ▍Revenue $43.1M, +16,0% YoY
• ▍Operating income +28,5% YoY
• ▍Net income −316,1% YoY
• ▍Net margin -198.4%

Revenue $37.2M; Operating income $16.1M.

• ▍Revenue $37.2M
• ▍Operating income $16.1M
• ▍Net margin 106.5%