Oxford Square Capital (OXSQ) AI Stock Analysis

• Market Cap: $178.66M
• Dividend Yield: 18.26%
• Average Volume (3M): 557.53K
• Price to Earnings (P/E): 597.4
• Beta (1Y): 0.32
• Revenue Growth: -338.17%
• EPS Growth: -97.99%
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 65
• Industry: Asset Management
• EPS (TTM): 0.09
• Shares Outstanding: 76,027,374
• 10 Day Avg. Volume: 466,909
• 30 Day Avg. Volume: 557,529
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.51
• Enterprise Value/Revenue: 11.17
• Enterprise Value/Gross Profit: 11.68
• Enterprise Value/Ebitda: 23.06
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: ―

Oxford Square Capital's overall score reflects a company with mixed financial health. Strong cash flows and a stable equity base are offset by inconsistent revenue and net profitability, alongside high leverage. Technical analysis suggests a bearish trend, while valuation indicates a high dividend yield but an expensive earnings multiple. The earnings call highlights both market improvements and company-specific challenges. Effective management of debt and consistent revenue growth will be key to improving future performance.

Oxford Square Capital Business Overview & Revenue Model

Company Description

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 public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans. The firm primarily invests in debt and/or equity securities of technology-related companies that operate in the computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems sectors. It concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm invests between $5 million and $30 million per transaction. It seeks to exit its investments within 7 years. It serves as the investment adviser to TICC. Oxford Square Capital Corp., formerly known as TICC Capital Corp., was founded in 2003 and is headquartered in Greenwich, Connecticut.

How the Company Makes Money

Oxford Square Capital Corp makes money by investing in debt and equity securities that provide income through interest payments and potential capital gains. A significant portion of its revenue is derived from interest income earned on loans made to middle-market companies. The company also generates income through dividends and realized capital gains from the sale of equity investments. OXSQ seeks to achieve its investment objectives by actively managing its portfolio to optimize returns while mitigating risks. The firm’s earnings can be influenced by factors such as interest rates, the performance of the underlying companies in its portfolio, and overall economic conditions.

Oxford Square Capital Financial Statement Overview

Summary

Oxford Square Capital's financials present a mixed picture. Income statement shows revenue and profitability volatility with recent losses. The balance sheet indicates stable equity but high leverage risks. Cash flow generation is erratic, though recent data shows improvement. Overall, profitability challenges and leverage warrant caution.

Income Statement

Oxford Square Capital's income statement reveals significant volatility. The TTM data showcases a negative net income, indicating losses, while historical data shows fluctuating revenue growth and profit margins. The gross profit margin remains high, but the net profit margin is negative due to recent losses. Consistent profitability challenges and revenue instability dampen the overall score.

Balance Sheet

The balance sheet indicates a stable equity base with a high equity ratio over time. However, the debt-to-equity ratio is relatively high, which suggests potential leverage risks. The return on equity is inconsistent, reflecting past profitability issues. Overall, the company's balance sheet shows mixed stability with caution warranted regarding leverage.

Cash Flow

The cash flow statement shows erratic free cash flow growth, with significant fluctuations in operating cash flow. The TTM data, however, demonstrates exceptionally high operating cash flow, positively impacting the cash flow position. Despite this, the inconsistency across periods suggests volatility. The free cash flow to net income ratio indicates challenges in translating earnings into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	24.10M	-53.55M	51.82M	43.12M	37.18M	35.94M
Gross Profit	23.04M	9.96M	51.82M	43.12M	37.18M	35.94M
EBITDA	11.67M	13.73M	41.89M	33.04M	26.60M	27.59M
Net Income	-473.45K	5.88M	17.24M	-85.55M	39.58M	1.71M
Balance Sheet
Total Assets	385.27M	299.73M	277.67M	327.99M	433.51M	357.66M
Cash, Cash Equivalents and Short-Term Investments	14.41M	34.93M	5.74M	9.02M	9.02M	59.14M
Total Debt	134.38M	123.60M	122.98M	186.32M	185.38M	106.86M
Total Liabilities	137.27M	139.07M	126.36M	189.32M	188.91M	132.23M
Stockholders Equity	248.00M	160.67M	151.31M	138.67M	244.60M	225.43M
Cash Flow
Free Cash Flow	11.40M	25.71M	65.69M	20.37M	-107.43M	95.05M
Operating Cash Flow	11.40M	25.71M	65.69M	20.37M	-107.43M	95.05M
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00
Financing Cash Flow	4.94M	3.48M	-68.97M	-20.37M	57.31M	-52.37M

Oxford Square Capital Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OXSQ, the sentiment is Positive. The current price of 2.35 is above the 20-day moving average (MA) of 2.31, above the 50-day MA of 2.26, and below the 200-day MA of 2.39, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 60.72 is Neutral, neither overbought nor oversold. The STOCH value of 58.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OXSQ.

Oxford Square Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OFS	70 Outperform	$111.20M	10.85	6.82%	16.39%	-49.04%	―
MRCC	69 Neutral	$136.50M	19.38	3.63%	15.87%	127.09%	2519.30%
WHF	67 Neutral	$202.21M	22.11	3.07%	20.52%	-27.52%	-46.85%
Sector *	65 Neutral	£5.10B	9.36	5.51%	4.90%	24.59%	-22.68%
OXSQ	51 Neutral	$178.66M	597.44	-0.32%	18.26%	-338.17%	-97.99%
GECC	48 Neutral	$126.70M	26.59	13.18%	13.12%	32.38%	-90.38%
SSSS	45 Neutral	$199.96M	―	-9.96%	3.02%	90.08%	-893.47%

Oxford Square Capital Corporate Events

Oxford Square Capital Reports Q1 2025 Financial Results

On April 25, 2025, Oxford Square Capital Corp. announced its financial results for the quarter ended March 31, 2025, and declared distributions for the months ending July, August, and September 2025. The company’s net asset value per share decreased from $2.30 at the end of 2024 to $2.09 by March 31, 2025. Net investment income for the quarter was $6.1 million, with total investment income remaining stable at $10.2 million. The company faced net realized losses of $12.2 million and net unrealized depreciation of $2.1 million, resulting in a net decrease in net assets from operations of $8.1 million. Despite these challenges, Oxford Square Capital continued its investment activities, including purchases, sales, and repayments, and issued 1.3 million shares of common stock, generating net proceeds of $3.5 million.

Spark’s Take on OXSQ Stock

According to Spark, TipRanks’ AI Analyst, OXSQ is a Neutral.

Oxford Square Capital’s overall score reflects a company with mixed financial health. Strong cash flows and a stable equity base are offset by inconsistent revenue and net profitability, alongside high leverage. Technical analysis suggests a bearish trend, while valuation indicates a high dividend yield but expensive earnings multiple. The earnings call highlights both market improvements and company-specific challenges. Effective management of debt and consistent revenue growth will be key to improving future performance.

To see Spark’s full report on OXSQ stock, click here.

Oxford Square Capital Announces Q4 2024 Financial Results

On February 28, 2025, Oxford Square Capital Corp. announced its financial results for the quarter ending December 31, 2024, and declared distributions for April, May, and June 2025. The company reported a slight decrease in net asset value per share from $2.35 to $2.30 and a net investment income of $6.0 million for the quarter. Despite facing net realized losses of $44.8 million, the company saw net unrealized appreciation of $42.1 million. The board declared a distribution of $0.035 per share for each of the upcoming months. The announcement reflects the company’s ongoing strategy to manage its investment portfolio and maintain shareholder distributions.