OFS (OFS Capital) Debt-to-Equity: 1.83 (As of Mar. 2026) — 10% Above Median


OFS OFS Capital Corp OFS
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What is OFS Capital Debt-to-Equity?

OFS Capital OFS +1.64% 20 Debt-to-Equity is 1.83 as of Mar. 2026, which is 10% above its 10-year median of 1.67. GuruFocus rates OFS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 963 Asset Management companies, OFS Capital ranks worse than 92.63% on this metric.

OFS Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. OFS Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $199.90 Mil. OFS Capital's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $109.32 Mil. OFS Capital's debt to equity for the quarter that ended in Mar. 2026 was 1.83.

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

OFS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.8   Med: 1.67   Max: 2.6
Current: 1.83

During the past 13 years, the highest Debt-to-Equity Ratio of OFS Capital was 2.60. The lowest was 0.80. And the median was 1.67.

OFS's Debt-to-Equity is ranked worse than
92.63% of 963 companies
in the Asset Management industry
Industry Median: 0.21 vs OFS: 1.83

OFS Capital  (NAS:OFS) 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.


OFS Capital Debt-to-Equity Related Terms


OFS Capital Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for OFS 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.

OFS Capital Debt-to-Equity Chart

OFS Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.84 1.85 1.43 1.77

OFS Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.54 1.66 1.73 1.77 1.83

OFS vs RMCO, MLCI, FMY: Debt-to-Equity Comparison

For the Asset Management subindustry, OFS 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.


OFS Capital Debt-to-Equity vs Asset Management Industry

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

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


OFS
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OFS Capital Corp OFS
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OFS Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OFS Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

OFS Capital's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.83 mean?
OFS Capital (OFS) has a Debt-to-Equity of 1.83 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on OFS Capital and its competitors. This is 10% above median its historical median of 1.67. Over the past decade, OFS Capital's Debt-to-Equity has ranged from 0.80 to 2.60. According to the industry distribution chart, OFS Capital ranks #892 out of 963 companies in the Asset Management industry, placing it in the top 92.6%.
Is OFS Capital's Debt-to-Equity too high?
OFS Capital's current Debt-to-Equity of 1.83 is 10% above median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.60. The Asset Management industry median Debt-to-Equity is 0.21. OFS Capital's value of 1.83 is 771.4% above this industry median. Based on the distribution chart, OFS Capital ranks #892 out of 963 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, OFS Capital has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does OFS Capital's Debt-to-Equity compare to RMCO and MLCI?
According to the Asset Management industry distribution chart, OFS Capital ranks #892 out of 963 companies for Debt-to-Equity. This places OFS Capital in the lower half of its industry. The industry median Debt-to-Equity is 0.21. OFS Capital's value of 1.83 is 771.4% above this benchmark. Historically, OFS Capital's own Debt-to-Equity has ranged from 0.80 to 2.60 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 0.21, OFS Capital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 963 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OFS Capital's current Debt-to-Equity of 1.83 is 771.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on OFS Capital and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OFS Capital's current Debt-to-Equity is 1.83, which is 10% above median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OFS Capital stock overvalued right now?
OFS Capital (OFS) has a current Debt-to-Equity of 1.83. The current Debt-to-Equity is 1.83, which is 10% above median its 10-year median of 1.67 and 771.4% above the Asset Management industry median of 0.21. OFS Capital's overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For OFS Capital (OFS), the current Debt-to-Equity is 1.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

OFS Capital Business Description

Other Exchanges 9UD:Germany
Address 222 West Adams Street, Suite 1850, Chicago, IL, USA, 60606
OFS Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to provide its stockholders with both current income and capital appreciation through debt investments and, to a lesser extent, equity investments.
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