Oxford Lane Capital (Oxford Lane Capital) Debt-to-Equity : 0.17 (As of Mar. 2024)

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What is Oxford Lane Capital Debt-to-Equity?

Oxford Lane Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Oxford Lane Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $195.60 Mil. Oxford Lane Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,171.09 Mil. Oxford Lane Capital's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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 Lane Capital's Debt-to-Equity or its related term are showing as below:

OXLCP.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.16 Max: 0.25
Current: 0.17

During the past 11 years, the highest Debt-to-Equity Ratio of Oxford Lane Capital was 0.25. The lowest was 0.12. And the median was 0.16.

OXLCP.PFD's Debt-to-Equity is ranked worse than
50.15% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs OXLCP.PFD: 0.17

Oxford Lane Capital Debt-to-Equity Historical Data

The historical data trend for Oxford Lane 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 Lane Capital Debt-to-Equity Chart

Oxford Lane Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.15

0.16

0.20

0.25

0.17

Oxford Lane Capital Semi-Annual Data
	Mar14	Mar15	Sep15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial														0.20	0.25	0.25	0.20	0.17

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

For the Asset Management subindustry, Oxford Lane 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 Lane Capital's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Oxford Lane Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oxford Lane Capital's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	195.596)	/	1171.086
	=	0.17

Oxford Lane Capital's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	195.596)	/	1171.086
	=	0.17

Oxford Lane Capital (NAS:OXLCP.PFD) 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 Lane Capital Debt-to-Equity Related Terms

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Oxford Lane Capital (Oxford Lane Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Lane Capital Corp (NAS:OXLCP.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OXLCM.PFD:USA OXLC:USA

Address

8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830

Website

https://www.oxfordlanecapital.com

Oxford Lane Capital Corp is a non-diversified closed-end management investment company. The fund's investment objective is to maximize its portfolio's risk-adjusted total return over its investment horizon. Its current focus is to seek that return by investing in equity and junior tranches of CLO(collateralized loan obligation) vehicles, which are collateralized primarily by a diverse portfolio of senior loans, and which generally have little to no exposure to real estate loans, mortgage loans or pools of consumer-based debt, such as credit card receivables or auto loans. Its investment strategy also includes investing in warehouse facilities, which are financing structures intended to aggregate senior loans that may be used to form the basis of a CLO vehicle.