USD 8.02
0 (0%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| OFS | 0 | 0.2 | -2.3 | -2.7 | -19.6 | -22.7 | -28.3 | -33.2 | -32.0 | -44.1 |
| S&P 500 | -1.3 | -1.9 | 0.1 | 5.7 | 10.7 | 29.1 | 24.8 | 88.0 | 186.1 | 33142.5 |
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| Attribute | Value |
|---|---|
| symbol | OFS |
| name | OFS Capital Corporation |
| price | 8.02 |
| changes percentage | 0 |
| change | 0 |
| day low | 7.97 |
| day high | 8.04 |
| year high | 12.41 |
| year low | 7.75 |
| market cap | 107452762 |
| price avg 50 | 8.2404 |
| price avg 200 | 9.2322 |
| exchange | NASDAQ |
| volume | 41443 |
| avg volume | 66531 |
| open | 8 |
| previous close | 8.02 |
| eps | -0.09 |
| pe | -89.11 |
| earnings announcement | 2025-02-28T12:00:00.000+0000 |
| shares outstanding | 13398100 |
| timestamp | 2024-11-15 21:00:00 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001487918 | |||
| revenue | 45589000 | 46258000 | -1.45 |
| gross profit | 31243000 | 35768000 | -12.65 |
| gross profit ratio | 0.69 | 0.77 | -11.37 |
| research and development expenses | 0 | -0.17 | 100.00 |
| operating expenses | 4791000 | 3256000 | 47.14 |
| interest income | 55805000 | 46258000 | 20.64 |
| interest expense | 19482000 | 17025000 | 14.43 |
| ebitda | 40050000 | 35786000 | 11.92 |
| ebitdaratio | 0.88 | 0.78 | 13.07 |
| operating income | 40050000 | 35532000 | 12.72 |
| operating income ratio | 0.88 | 0.77 | 14.37 |
| net income | -465000 | -7741000 | 93.99 |
| net income ratio | -0.01 | -0.17 | 93.90 |
| eps | -0.03 | -0.58 | 94.02 |
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001487918 | |||
| revenue | -188000 | 6861000 | -102.74 |
| gross profit | -2898000 | 4071000 | -171.19 |
| gross profit ratio | 15.41 | 0.59 | 2497.93 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 2608000 | 1274000 | 104.71 |
| interest income | 10892000 | 11124000 | -2.09 |
| interest expense | 4022000 | 4117000 | -2.31 |
| ebitda | 5942000 | 14583000 | -59.25 |
| ebitdaratio | -31.61 | 2.13 | -1587.01 |
| operating income | -5506000 | 14583000 | -137.76 |
| operating income ratio | 29.29 | 2.13 | 1277.90 |
| net income | 1688000 | 10328000 | -83.66 |
| net income ratio | -8.98 | 1.51 | -696.47 |
| eps | 0.13 | 0.77 | -83.12 |
Revenue Growth: revenue decreased to 0 million in 2024Q3 from 7 million in 2024Q2 representing a change of -102.74%. This indicates a sales shrinking, which is a negative sign for the company.
Gross Profit: Gross Profit decreased to -3 million in 2024Q3 from 4 million in 2024Q2 representing a change of -171.19%. This indicates a sales profitability decline, which is a negative sign for the company.
Operating Expenses: Operating Expenses increased to 3 million in 2024Q3 from 1 million in 2024Q2 representing a change of 104.71%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
Operating Income: Operating income decreased to -6 million in 2024Q3 from 15 million in 2024Q2 representing a change of -137.76%. The decrease in operating income indicates worse operational performance and decreased profitability.
Earnings per Share (EPS): EPS increased to 0.13 in 2024Q3 from 0.13 in 2024Q2 representing a change of -83.12%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 6 million in 2024Q3 from 15 million in 2024Q2 representing a change of -59.25%. The increase in EBITDA indicates improved operational efficiency and profitability.
Net Income: Net income increased to 2 million in 2024Q3 from 10 million in 2024Q2 representing a change of -83.66%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001487918 | |||
| total assets | 469818000 | 520717000 | -9.77 |
| total liabilities | 307814000 | 340294000 | -9.54 |
| total equity | 162004000 | 497236000 | -67.42 |
| cash and cash equivalents | 45349000 | 14937000 | 203.60 |
| short term investments | 0 | 500576 | -100.00 |
| long term investments | 420287000 | 500576000 | -16.04 |
| total current assets | 47566000 | 517715 | 9087.68 |
| total non current assets | 421418000 | 500576000 | -15.81 |
| total current liabilities | 15036000 | 104700 | 14261.03 |
| total non current liabilities | 299733000 | 235594 | 127124.38 |
| common stock | 134000 | 134000 | 0.00 |
| retained earnings | -22971000 | -4552000 | -404.64 |
| total debt | 299733000 | 331750000 | -9.65 |
Total Assets: Total Assets decreased to 470 million in 2023 from 521 million in 2022 representing a change of -9.77%. Suggesting a decrease in asset holdings.
Total Equity: Total Equity decreased to 162 million in 2023 from 497 million in 2022 representing a change of -67.42%. This indicates a decrease in shareholders' equity.
Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 1 million in 2022 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
Total Current Liabilities: Total Current Liabilities increased to 15 million in 2023 from 0 million in 2022 representing a change of 14261.03%. This indicates a higher short-term debt burden.
Retained Earnings: Retained Earnings decreased to -23 million in 2023 from -5 million in 2022 representing a change of -404.64%. This indicates an accumulated losses.
Total Liabilities: Total Liabilities decreased to 308 million in 2023 from 340 million in 2022 representing a change of -9.54%. This indicates a decrease in overall liabilities.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 45 million in 2023 from 15 million in 2022 representing a change of 203.6%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 48 million in 2023 from 1 million in 2022 representing a change of 9087.68%. This indicates a better liquidity position.
Total Debt: Total Debt decreased to 300 million in 2023 from 332 million in 2022 representing a change of -9.65%. This indicates a reduction in overall debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001487918 | |||
| total assets | 418538000 | 407875000 | 2.61 |
| total liabilities | 267233000 | 253703000 | 5.33 |
| total equity | 151305000 | 154172000 | -1.86 |
| cash and cash equivalents | 20278000 | 5580000 | 263.41 |
| short term investments | 0 | 0 | NaN |
| long term investments | 394734000 | 398156000 | -0.86 |
| total current assets | 21742000 | 9719000 | 123.71 |
| total non current assets | 394734000 | 398156000 | -0.86 |
| total current liabilities | 88455000 | 6180000 | 1331.31 |
| total non current liabilities | 198133000 | 247523000 | -19.95 |
| common stock | 134000 | 134000 | 0.00 |
| retained earnings | 0 | -30803000 | 100.00 |
| total debt | 69100000 | 246922000 | -72.02 |
Total Assets: Total Assets increased to 419 million in 2024Q3 from 408 million in 2024Q2 representing a change of 2.61%. Suggesting a growth in asset holdings.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 20 million in 2024Q3 from 6 million in 2024Q2 representing a change of 263.41%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 22 million in 2024Q3 from 10 million in 2024Q2 representing a change of 123.71%. This indicates a better liquidity position.
Retained Earnings: Retained Earnings increased to 0 million in 2024Q3 from -31 million in 2024Q2 representing a change of 100.0%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 69 million in 2024Q3 from 247 million in 2024Q2 representing a change of -72.02%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 267 million in 2024Q3 from 254 million in 2024Q2 representing a change of 5.33%. This indicates an increase in overall liabilities.
Total Equity: Total Equity decreased to 151 million in 2024Q3 from 154 million in 2024Q2 representing a change of -1.86%. This indicates a decrease in shareholders' equity.
Total Current Liabilities: Total Current Liabilities increased to 88 million in 2024Q3 from 6 million in 2024Q2 representing a change of 1331.31%. This indicates a higher short-term debt burden.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001487918 | |||
| net change in cash | 30412000 | -28111000 | 208.19 |
| operating cash flow | 81566000 | 2946000 | 2668.70 |
| free cash flow | 81566000 | 2946000 | 2668.70 |
| capital expenditure | 0 | 0 | NaN |
| depreciation and amortization | 408000 | 409000 | -0.24 |
| deferred income tax | 0 | 24064000 | -100.00 |
| stock based compensation | 0 | 0 | NaN |
| accounts payables | 0 | -11096000 | 100.00 |
| inventory | 0 | 0 | NaN |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | 0 | 0 | NaN |
| net cash used for investing activites | 0 | -107550000 | 100.00 |
| debt repayment | -33200000 | -15672000 | -111.84 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | 0 | 0 | NaN |
| dividends paid | -17954000 | -15385000 | -16.70 |
| net cash used provided by financing activities | -51154000 | -31057000 | -64.71 |
| cash at end of period | 45349000 | 14937000 | 203.60 |
| accounts receivables | 0 | 14166000 | -100.00 |
| cash at beginning of period | 14937000 | 43048000 | -65.30 |
Net Change in Cash: Net Change in Cash increased to 30 million in 2023 from -28 million in 2022 representing a change of 208.19%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 82 million in 2023 from 3 million in 2022 representing a change of 2668.7%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 82 million in 2023 from 3 million in 2022 representing a change of 2668.7%. This indicates an increase in cash generated after accounting for capital expenditures.
Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2023 from 11 million in 2022 representing a change of 100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables decreased to 0 million in 2023 from 14 million in 2022 representing a change of -100.0%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Dividends Paid: Dividends Paid decreased to -18 million in 2023 from -15 million in 2022 representing a change of -16.7%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001487918 | |||
| operating cash flow | 23817000 | 5778000 | 312.20 |
| free cash flow | 23817000 | 5778000 | 312.20 |
| capital expenditure | 0 | 0 | NaN |
| depreciation and amortization | -5424000 | 95000 | -5809.47 |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 0 | 0 | NaN |
| accounts receivables | 686000 | -413000 | 266.10 |
| accounts payables | 625000 | -449000 | 239.20 |
| inventory | 0 | 0 | NaN |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | 0 | 0 | NaN |
| net cash used for investing activites | 0 | 7666000 | -100.00 |
| debt repayment | 0 | -9400000 | 100.00 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | 0 | 0 | NaN |
| dividends paid | -4555000 | -4556000 | 0.02 |
| net cash used provided by financing activities | -4555000 | -13956000 | 67.36 |
| net change in cash | 14698000 | -512000 | 2970.70 |
| cash at end of period | 20278000 | 5580000 | 263.41 |
| cash at beginning of period | 5580000 | 6092000 | -8.40 |
Net Change in Cash: Net Change in Cash increased to 15 million in 2024Q3 from -1 million in 2024Q2 representing a change of 2970.7%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 24 million in 2024Q3 from 6 million in 2024Q2 representing a change of 312.2%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 24 million in 2024Q3 from 6 million in 2024Q2 representing a change of 312.2%. This indicates an increase in cash generated after accounting for capital expenditures.
Dividends Paid: Dividends Paid increased to -5 million in 2024Q3 from -5 million in 2024Q2 representing a change of 0.02%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.
Accounts Payables: The absolute value of Accounts Payables increased to 1 million in 2024Q3 from 0 million in 2024Q2 representing a change of 239.2%. This indicates that the company has increased its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables increased to 1 in 2024Q3 from 0 million in 2024Q2 representing a change of 266.1%. This suggests that the company is less capable of collecting payments from its customers.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 3.4 | 3.45 | -1.30 |
| net income per share | -0.03 | -0.58 | 93.98 |
| operating cash flow per share | 6.09 | 0.22 | 2672.70 |
| free cash flow per share | 6.09 | 0.22 | 2672.70 |
| cash per share | 3.38 | 1.15 | 194.18 |
| book value per share | 12.09 | 13.45 | -10.08 |
| tangible book value per share | 12.09 | 13.41 | -9.88 |
| shareholders equity per share | 12.09 | 13.45 | -10.08 |
| interest debt per share | 23.83 | 25.99 | -8.34 |
| market cap | 156757512.6 | 136186711.5 | 15.10 |
| enterprise value | 411141512.6 | 452999711.5 | -9.24 |
| pe ratio | -337.11 | -17.59 | -1816.19 |
| price to sales ratio | 3.44 | 2.94 | 16.79 |
| pocfratio | 1.92 | 46.23 | -95.84 |
| pfcf ratio | 1.92 | 46.23 | -95.84 |
| pb ratio | 0.97 | 0.75 | 28.19 |
| ptb ratio | 0.97 | 0.75 | 28.19 |
| ev to sales | 9.02 | 9.79 | -7.91 |
| enterprise value over ebitda | 10.27 | 12.66 | -18.90 |
| ev to operating cash flow | 5.04 | 153.77 | -96.72 |
| ev to free cash flow | 5.04 | 153.77 | -96.72 |
| earnings yield | -0.0 | -0.06 | 94.78 |
| free cash flow yield | 0.52 | 0.02 | 2305.37 |
| debt to equity | 1.85 | 1.84 | 0.62 |
| debt to assets | 0.64 | 0.64 | 0.14 |
| net debt to ebitda | 6.35 | 8.85 | -28.25 |
| current ratio | 3.16 | 4.94 | -36.02 |
| interest coverage | 2.06 | 2.09 | -1.50 |
| income quality | -175.41 | -0.39 | -45068.57 |
| dividend yield | 0.11 | 0.11 | 1.38 |
| payout ratio | -38.61 | -1.99 | -1842.71 |
| sales general and administrative to revenue | 0.11 | 0.07 | 64.43 |
| research and ddevelopement to revenue | 0 | -0.0 | 100.00 |
| intangibles to total assets | 0.0 | 0.0 | -83.97 |
| capex to operating cash flow | 0 | 0 | NaN |
| capex to revenue | 0 | 0 | NaN |
| capex to depreciation | 0 | 0 | NaN |
| stock based compensation to revenue | 0 | 0 | NaN |
| graham number | 3.07 | 13.21 | -76.74 |
| roic | 0.12 | 0.07 | 65.14 |
| return on tangible assets | -0.0 | -0.01 | 93.35 |
| graham net net | -19.47 | -24.09 | 19.19 |
| working capital | 32530000 | 413015 | 7776.23 |
| tangible asset value | 161935000 | 179946000 | -10.01 |
| net current asset value | -260248000 | -339776285 | 23.41 |
| invested capital | 32599000 | -519826985 | 106.27 |
| average receivables | 2209500 | 9284999.5 | -76.20 |
| average payables | 3829500 | 8210000 | -53.36 |
| average inventory | 0.5 | 1.5 | -66.67 |
| days sales outstanding | 17.75 | 17.37 | 2.16 |
| days payables outstanding | 94.44 | 137.34 | -31.23 |
| days of inventory on hand | 0 | 0.0 | -100.00 |
| receivables turnover | 20.56 | 21.01 | -2.11 |
| payables turnover | 3.86 | 2.66 | 45.42 |
| inventory turnover | 0 | 10490000 | -100.00 |
| roe | -0.0 | -0.04 | 93.31 |
| capex per share | 0 | 0 | NaN |
ROE: Return on Equity (ROE) increased to -0.00 on 2023-12-31 from -0.04 on 2022-12-31, representing a change of 93.31%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -337.11 on 2023-12-31 from -17.59 on 2022-12-31, representing a change of -1816.19%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 3.16 on 2023-12-31 from 4.94 on 2022-12-31, representing a change of -36.02%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
Debt-to-Equity Ratio:
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| OFS | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | -0.01 | 0.51 | -102.74 |
| net income per share | 0.13 | 0.77 | -83.66 |
| operating cash flow per share | 1.78 | 0.43 | 312.20 |
| free cash flow per share | 1.78 | 0.43 | 312.20 |
| cash per share | 1.51 | 0.42 | 263.41 |
| book value per share | 11.29 | 11.51 | -1.86 |
| tangible book value per share | 11.29 | 11.51 | -1.86 |
| shareholders equity per share | 11.29 | 11.51 | -1.86 |
| interest debt per share | 5.46 | 18.74 | -70.87 |
| market cap | 113213759.1 | 117367163.28 | -3.54 |
| enterprise value | 162035759.1 | 358709163.28 | -54.83 |
| pe ratio | 16.77 | 2.84 | 490.20 |
| price to sales ratio | -602.2 | 17.11 | -3620.32 |
| pocfratio | 4.75 | 20.31 | -76.60 |
| pfcf ratio | 4.75 | 20.31 | -76.60 |
| pb ratio | 0.75 | 0.76 | -1.71 |
| ptb ratio | 0.75 | 0.76 | -1.71 |
| ev to sales | -861.89 | 52.28 | -1748.53 |
| enterprise value over ebitda | 27.27 | 24.6 | 10.86 |
| ev to operating cash flow | 6.8 | 62.08 | -89.04 |
| ev to free cash flow | 6.8 | 62.08 | -89.04 |
| earnings yield | 0.01 | 0.09 | -83.06 |
| free cash flow yield | 0.21 | 0.05 | 327.32 |
| debt to equity | 0.46 | 1.6 | -71.49 |
| debt to assets | 0.17 | 0.61 | -72.73 |
| net debt to ebitda | 8.22 | 16.55 | -50.35 |
| current ratio | 0.25 | 1.57 | -84.37 |
| interest coverage | -1.37 | 3.54 | -138.65 |
| income quality | -18.62 | 0.56 | -3428.55 |
| dividend yield | 0.04 | 0.04 | 3.65 |
| payout ratio | 2.7 | 0.44 | 511.71 |
| sales general and administrative to revenue | -3.87 | 0.19 | -2185.41 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | 0 | 0 | NaN |
| capex to revenue | 0 | 0 | NaN |
| capex to depreciation | 0 | 0 | NaN |
| stock based compensation to revenue | 0 | 0 | NaN |
| graham number | 5.66 | 14.13 | -59.95 |
| roic | -0.02 | 0.04 | -161.21 |
| return on tangible assets | 0.0 | 0.03 | -84.07 |
| graham net net | -18.35 | -18.35 | 0.02 |
| working capital | -66713000 | 3539000 | -1985.08 |
| tangible asset value | 151305000 | 154172000 | -1.86 |
| net current asset value | -245491000 | -243984000 | -0.62 |
| invested capital | -66713000 | 3539000 | -1985.08 |
| average receivables | 2204500 | 2738500 | -19.50 |
| average payables | 9834000 | 2577000 | 281.61 |
| average inventory | 0.5 | 0.5 | 0.00 |
| days sales outstanding | -700.85 | 38.63 | -1914.20 |
| days payables outstanding | 545.28 | 104.81 | 420.27 |
| days of inventory on hand | 0 | 0.0 | -100.00 |
| receivables turnover | -0.13 | 2.33 | -105.51 |
| payables turnover | 0.17 | 0.86 | -80.78 |
| inventory turnover | 0 | 2790000 | -100.00 |
| roe | 0.01 | 0.07 | -83.35 |
| capex per share | 0 | 0 | NaN |
ROE: Return on Equity (ROE) decreased to 0.01 on 2024-09-30 Q3 from 0.07 on 2024-06-30 Q2, representing a change of -83.35%. Suggesting that the company has not been generating high returns for its shareholders.
Current Ratio: Current Ratio decreased to 0.25 on 2024-09-30 Q3 from 1.57 on 2024-06-30 Q2, representing a change of -84.37%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 16.77 on 2024-09-30 Q3 from 2.84 on 2024-06-30 Q2, representing a change of 490.20%. Indicating an increase in the relative valuation of the company's stock.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.46 on 2024-09-30 Q3 from 1.60 on 2024-06-30 Q2, representing a change of -71.49%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Negative Sentiment: Discounted Cash Flow value is -5.07 which is lower than current price 8.02, indicates the company may be overvalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
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Sentiment: Positive
Publish Date: 2024-11-15 16:00:00
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of October 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of October 31, 2024 is between $7.13 and $7.23. This estimate is not a comprehensive state.
Sentiment: Positive
Publish Date: 2024-11-01 12:44:06
OFS Capital (NASDAQ:OFS ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Steve Altebrando – Investor Relations Bilal Rashid – Chairman and Chief Executive Officer Jeff Cerny – Chief Financial Officer and Treasurer Conference Call Participants Operator Good day, and welcome to the OFS Capital Third Quarter of 2024 Earnings Conference Call. All participants will be in a listen-only mode for the duration of the call.
Sentiment: Positive
Publish Date: 2024-10-31 18:50:17
OFS Capital (OFS) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.40 per share a year ago.
Sentiment: Positive
Publish Date: 2024-10-28 08:00:00
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced that its board of directors (the “Board”) declared monthly cash distributions of $0.115 per share of common stock for each of the three months in the quarter ending January 31, 2025. The following schedule applies to the distributions for common stoc.
Sentiment: Positive
Publish Date: 2024-10-15 16:00:00
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of September 30, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of September 30, 2024 is between $6.98 and $7.08. This estimate is not a comprehensive s.
Sentiment: Positive
Publish Date: 2024-10-07 17:56:57
BDC investing focuses on high current income streams, with less emphasis on price dynamics. As the yield component is a key value driver for BDCs, and also is usually quite high, the risk of stepping into a value trap is meaningful. In this respect, I have assessed two very high yielding BDCs.
Sentiment: Positive
Publish Date: 2024-09-24 20:15:00
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIN, OCCIO) today announced the pricing of an underwritten public offering of 1,040,000 shares of 7.875% Series F Term Preferred Stock due 2029 (the “Preferred Stock”) at a public offering price of $25.00 per share, raising $26.0 million in gross proceeds. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 156,000 shares of Preferred Stock on the same terms and.
Sentiment: Positive
Publish Date: 2024-09-24 08:21:00
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (the “Company”) (Nasdaq: OCCI, OCCIN, OCCIO) announced today that it plans to offer shares of its Series F Term Preferred Stock (the “Preferred Stock”) in an underwritten public offering. The public offering price and other terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company has applied to list the Preferred Stock on the Nasdaq Capital Market under the trading symbol “OCCIM”. T.
Sentiment: Negative
Publish Date: 2024-08-30 14:19:47
I believe OFS Capital's 17% dividend yield is unsustainable due to declining portfolio value, deteriorating earnings, high accruals, and poor cash position, warranting a hold rating. The company's dividends exceed net investment income, and future earnings forecasts suggest significant declines, making a dividend cut likely. OFS Capital's high leverage ratio and cautious investment strategy limit growth potential, further impacting its ability to sustain dividends and share price.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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