Oxford Lane Capital (Oxford Lane Capital) Net Income : $235.11 Mil (TTM As of Mar. 2024)

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What is Oxford Lane Capital Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Oxford Lane Capital's Net Income for the six months ended in Mar. 2024 was $119.86 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $235.11 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Oxford Lane Capital's Earnings per Share (Diluted) for the six months ended in Mar. 2024 was $.

Oxford Lane Capital Net Income Historical Data

The historical data trend for Oxford Lane Capital's Net Income 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 Net Income Chart

Oxford Lane Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Net Income

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-291.13

289.93

125.88

-171.29

235.11

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
Net Income	Get a 7-Day Free Trial														-19.69	-185.44	14.15	115.25	119.86

Oxford Lane Capital Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Oxford Lane Capital's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

	Net Income		(A: Mar. 2024 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	235.106	+	0	+	0	+	0
=	235.11

Oxford Lane Capital's Net Income for the quarter that ended in Mar. 2024 is calculated as

	Net Income		(Q: Mar. 2024 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	119.86	+	0	+	0	+	0
=	119.86

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $235.11 Mil.

Oxford Lane Capital (NAS:OXLCM.PFD) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Oxford Lane Capital's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

Earnings per Share (Diluted) (Q: Mar. 2024 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(119.86	-	0)	/	0
	=

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

Oxford Lane Capital Net Income Related Terms

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Oxford Lane Capital (Oxford Lane Capital) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Lane Capital Corp (NAS:OXLCM.PFD) » Definitions » Net Income

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OXLCP.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.