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Oxford Square Capital (Oxford Square Capital) Debt-to-Equity : 0.81 (As of Dec. 2023)


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What is Oxford Square Capital Debt-to-Equity?

Oxford Square Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Oxford Square Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $122.98 Mil. Oxford Square Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $151.31 Mil. Oxford Square Capital's debt to equity for the quarter that ended in Dec. 2023 was 0.81.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Oxford Square Capital's Debt-to-Equity or its related term are showing as below:

OXSQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.66   Max: 1.34
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of Oxford Square Capital was 1.34. The lowest was 0.16. And the median was 0.66.

OXSQ's Debt-to-Equity is ranked worse than
83.32% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs OXSQ: 0.81

Oxford Square Capital Debt-to-Equity Historical Data

The historical data trend for Oxford Square Capital's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oxford Square Capital Debt-to-Equity Chart

Oxford Square Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.47 0.76 1.34 0.81

Oxford Square Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 1.33 1.15 0.85 0.81

Competitive Comparison of Oxford Square Capital's Debt-to-Equity

For the Asset Management subindustry, Oxford Square Capital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oxford Square Capital's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oxford Square Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Oxford Square Capital's Debt-to-Equity falls into.



Oxford Square Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oxford Square Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Oxford Square Capital's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Oxford Square Capital  (NAS:OXSQ) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Oxford Square Capital Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Oxford Square Capital's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Oxford Square Capital (Oxford Square Capital) Business Description

Traded in Other Exchanges
Address
8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830
Oxford Square Capital Corp is a closed-end, non-diversified management investment company with a focus is to seek an attractive risk-adjusted total return by investing in corporate debt securities and collateralized loan obligation (CLO) structured finance investments that own corporate debt securities. its capital is generally used by its corporate borrowers to finance organic growth, acquisitions, recapitalizations, and working capital. The group invests in various industries such as Structured Finance, IT Consulting, Business Services, Utilities, Software, Healthcare, Telecommunication Services, Plastics Manufacturing, and Diversified Insurance.
Executives
Saul B Rosenthal officer: COO, Secretary and Treasurer 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Jonathan H Cohen director, officer: CEO, President and Director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Barry Osherow director 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Steven P Novak director 3031 TISCH WAY, STE 900, SAN JOSE CA 95128
George Iii Stelljes director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Richard W Neu director 1100 WILSON BOULEVARD, SUITE 3000, ARLINGTON VA 22209
Bruce L. Rubin officer: CFO, CAO, SEC, TREAS TICC CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Gerald Cummins officer: Chief Compliance Officer C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Patrick Conroy officer: Chief Financial Officer 8 SOUND SHORE DRIVE STE 215, GREENWICH CT 06830
Tonia L Pankopf director 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Charles M Royce director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
G Peter Obrien director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Lee D Stern officer: Executive Vice President C/O AECOM TECHNOLOGY CORPORATION, 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071

Oxford Square Capital (Oxford Square Capital) Headlines