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Oaktree Specialty Lending Asset Turnover

: 0.02 (As of Sep. 2021)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Oaktree Specialty Lending's Revenue for the three months ended in Sep. 2021 was $40.9 Mil. Oaktree Specialty Lending's Total Assets for the quarter that ended in Sep. 2021 was $2,549.5 Mil. Therefore, Oaktree Specialty Lending's Asset Turnover for the quarter that ended in Sep. 2021 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Oaktree Specialty Lending's annualized ROE % for the quarter that ended in Sep. 2021 was 11.18%. It is also linked to ROA % through Du Pont Formula. Oaktree Specialty Lending's annualized ROA % for the quarter that ended in Sep. 2021 was 5.74%.


Oaktree Specialty Lending Asset Turnover Historical Data

The historical data trend for Oaktree Specialty Lending's Asset Turnover 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.

Oaktree Specialty Lending Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.09 0.04 0.08 0.03 0.12

Oaktree Specialty Lending Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.02 0.02

Oaktree Specialty Lending Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Oaktree Specialty Lending's Asset Turnover for the fiscal year that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2021 )/( (Total Assets (A: Sep. 2020 )+Total Assets (A: Sep. 2021 ))/ count )
=247.52/( (1640.712+2636.387)/ 2 )
=247.52/2138.5495
=0.12

Oaktree Specialty Lending's Asset Turnover for the quarter that ended in Sep. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=40.875/( (2462.708+2636.387)/ 2 )
=40.875/2549.5475
=0.02

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Oaktree Specialty Lending  (NAS:OCSL) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Oaktree Specialty Lending's annulized ROE % for the quarter that ended in Sep. 2021 is

ROE %**(Q: Sep. 2021 )
=Net Income/Total Stockholders Equity
=146.244/1307.6185
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(146.244 / 163.5)*(163.5 / 2549.5475)*(2549.5475/ 1307.6185)
=Net Margin %*Asset Turnover*Equity Multiplier
=89.45 %*0.0641*1.9498
=ROA %*Equity Multiplier
=5.74 %*1.9498
=11.18 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Oaktree Specialty Lending's annulized ROA % for the quarter that ended in Sep. 2021 is

ROA %(Q: Sep. 2021 )
=Net Income/Total Assets
=146.244/2549.5475
=(Net Income / Revenue)*(Revenue / Total Assets)
=(146.244 / 163.5)*(163.5 / 2549.5475)
=Net Margin %*Asset Turnover
=89.45 %*0.0641
=5.74 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Oaktree Specialty Lending Asset Turnover Related Terms

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Oaktree Specialty Lending Business Description

Oaktree Specialty Lending logo
Industry
Financial Services » Credit Services NAICS : 522390 SIC : 6162
Traded in Other Exchanges
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Specialty Lending Corp is a specialty finance company. It provides lending services and invests in small and mid-sized companies. The company's investment objective is to maximize its portfolio's total return by generating current income from debt investments, and to a lesser extent, capital appreciation from equity investments. Its investments generally range in size from ten million dollars to hundred million dollars and are principally in the form of the first lien, second lien, or collectively, senior secured, and subordinated debt investments, which may also include an equity component made in connection with investments by private equity sponsors.
Executives
Gero Deborah Ann director 333 SOUTH GRAND AVENUE 28TH FLOOR LOS ANGELES CA 90071
Ruben Richard director C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 S. GRAND AVENUE, 28TH FLOOR LOS ANGELES CA 90071
Tannenbaum Leonard M 10 percent owner 10 BANK STREET, 12TH FLOOR WHITE PLAINS NY 10606
Panossian Armen officer: Chief Executive Officer 333 SOUTH GRAND AVENUE 28TH FLOOR LOS ANGELES CA 90071
Jacobson Craig A director C/O EXPEDIA, INC. 333 108TH AVENUE NE BELLEVUE WA 98004
Pendo Mathew officer: President and COO C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 S. GRAND AVENUE, 28TH FLOOR LOS ANGELES CA 90071
Carlisle Melvin officer: CFO & Treasurer C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 S. GRAND AVENUE, 28TH FLOOR LOS ANGELES CA 90071
Zimmerman Bruce director C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 S. GRAND AVENUE, 28TH FLOOR LOS ANGELES CA 90071
Gamsin Marc director 1999 AVENUE OF THE STARS SUITE 2150 LOS ANGELES CA 90067
Frank John director C/O OAKTREE CAPITAL MANAGEMENT 333 SOUTH GRAND 28TH FLOOR LOS ANGELES CA 90071
Lee Edgar officer: See Remarks C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVE, 28TH FLOOR LOS ANGELES CA 90071
Oaktree Holdings, Inc. 10 percent owner 333 SOUTH GRAND AVENUE 28TH FLOOR LOS ANGELES CA 90071
Oaktree Capital Management Lp 10 percent owner 333 S GRAND AVE 28TH FL LOS ANGELES CA 90071
Oaktree Capital Group, Llc 10 percent owner 333 SOUTH GRAND AVENUE 28TH FLOOR LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE 28TH FLOOR LOS ANGELES CA 90071

Oaktree Specialty Lending Headlines

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