Oxford Square Capital (STU:22T) LT-Debt-to-Total-Asset : 0.45 (As of Mar. 2024)

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What is Oxford Square Capital LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Oxford Square Capital's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.45.

Oxford Square Capital's long-term debt to total assets ratio declined from Mar. 2023 (0.56) to Mar. 2024 (0.45). It may suggest that Oxford Square Capital is progressively becoming less dependent on debt to grow their business.

Oxford Square Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oxford Square Capital's LT-Debt-to-Total-Asset 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.

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Oxford Square Capital LT-Debt-to-Total-Asset Chart

Oxford Square Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.35

0.30

0.43

0.57

0.44

Oxford Square Capital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.56	0.53	0.45	0.44	0.45

Oxford Square Capital LT-Debt-to-Total-Asset Calculation

Oxford Square Capital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	112.772	/	254.622
	=	0.44

Oxford Square Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	113.282	/	253.265
	=	0.45

Oxford Square Capital (STU:22T) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Oxford Square Capital LT-Debt-to-Total-Asset Related Terms

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Oxford Square Capital (STU:22T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Square Capital Corp (STU:22T) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

OXSQ:USA 22T:Germany

Address

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

Website

https://www.oxfordsquarecapital.com

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.

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