USD 6.99
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 % |
|---|---|---|---|---|---|---|---|---|---|---|
| XFLT | 0 | 0.6 | 2.0 | 1.7 | -2.2 | -0.4 | -24.3 | -18.3 | -30.7 | -30.7 |
| S&P 500 | -0.6 | -0.5 | 2.3 | 7.3 | 12.1 | 32.1 | 27.0 | 90.7 | 191.4 | 33587.3 |
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| Attribute | Value |
|---|---|
| symbol | XFLT |
| name | XAI Octagon Floating Rate & Alternative Income Term Trust |
| price | 6.99 |
| changes percentage | 0 |
| change | 0 |
| day low | 6.97 |
| day high | 7.02 |
| year high | 7.76 |
| year low | 6.53 |
| market cap | 408103461 |
| price avg 50 | 6.87 |
| price avg 200 | 7.04 |
| exchange | NYSE |
| volume | 772999 |
| avg volume | 505167 |
| open | 6.99 |
| previous close | 6.99 |
| eps | 1.63 |
| pe | 4.29 |
| earnings announcement | None |
| shares outstanding | 58383900 |
| timestamp | 2024-11-14 21:00:02 |
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 % | |
|---|---|---|---|
| 0001703079 | |||
| revenue | 52995716 | -31121500 | 270.29 |
| gross profit | 44074309 | -39524829 | 211.51 |
| gross profit ratio | 0.83 | 1.27 | -34.52 |
| research and development expenses | 0 | -0.93 | 100.00 |
| operating expenses | 6369125 | 5561944 | 14.51 |
| interest income | 56730939 | 41202356 | 37.69 |
| interest expense | 7665283 | 2834546 | 170.42 |
| ebitda | 57909862 | -33848898 | 271.08 |
| ebitdaratio | 1.09 | 1.09 | 0.47 |
| operating income | 57909862 | -33848898 | 271.08 |
| operating income ratio | 1.09 | 1.09 | 0.47 |
| net income | 46626591 | -36683444 | 227.11 |
| net income ratio | 0.88 | 1.18 | -25.36 |
| eps | 1.22 | -1.09 | 211.93 |
| 2024Q2 | 2023Q4 | Q/Q change % | |
|---|---|---|---|
| 0001703079 | |||
| revenue | 39108697 | 23748331 | 64.68 |
| gross profit | 33228495 | 19008950 | 74.80 |
| gross profit ratio | 0.85 | 0.8 | 6.15 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | -11087499 | -20544124 | 46.03 |
| interest income | 0 | 0 | NaN |
| interest expense | 7706025 | 6079475 | 26.75 |
| ebitda | 44315997 | 39553070 | 12.04 |
| ebitdaratio | 1.13 | 1.67 | -31.96 |
| operating income | 44315997 | 39553070 | 12.04 |
| operating income ratio | 1.13 | 1.67 | -31.96 |
| net income | 36609972 | 33473601 | 9.37 |
| net income ratio | 0.94 | 1.41 | -33.59 |
| eps | 0.78 | 0.85 | -8.24 |
Revenue Growth: revenue increased to 39 million in 2024Q2 from 24 million in 2023Q4 representing a change of 64.68%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 33 million in 2024Q2 from 19 million in 2023Q4 representing a change of 74.8%. This indicates a sales profitability growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses decreased to -11 million in 2024Q2 from -21 million in 2023Q4 representing a change of 46.03%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 44 million in 2024Q2 from 40 million in 2023Q4 representing a change of 12.04%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 44 million in 2024Q2 from 40 million in 2023Q4 representing a change of 12.04%. The increase in operating income indicates better operational performance and increased profitability.
Net Income: Net income increased to 37 million in 2024Q2 from 33 million in 2023Q4 representing a change of 9.37%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 0.78 in 2024Q2 from 0.78 in 2023Q4 representing a change of -8.24%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001703079 | |||
| total assets | 543095707 | 404981097 | 34.10 |
| total liabilities | 244815299 | 178180265 | 37.40 |
| total equity | 298280408 | 226800832 | 31.52 |
| cash and cash equivalents | 1214678 | 1128074 | 7.68 |
| short term investments | 0 | 0 | NaN |
| long term investments | 520524854 | 389559730 | 33.62 |
| total current assets | 22128046 | 14771162 | 49.81 |
| total non current assets | 520524854 | 389559730 | 33.62 |
| total current liabilities | 37148514 | 15501342 | 139.65 |
| total non current liabilities | 207666785 | 15501342 | 1,239.67 |
| common stock | 350935380 | 289197106 | 21.35 |
| retained earnings | -52654972 | -62396274 | 15.61 |
| total debt | 150266104 | 112837594 | 33.17 |
Total Assets: Total Assets increased to 543 million in 2023 from 405 million in 2022 representing a change of 34.1%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 298 million in 2023 from 227 million in 2022 representing a change of 31.52%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 1 million in 2023 from 1 million in 2022 representing a change of 7.68%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 22 million in 2023 from 15 million in 2022 representing a change of 49.81%. This indicates a better liquidity position.
Common Stock: Common Stock increased to 351 in 2023 from 289 in 2022 representing a change of 21.35%. This indicates an increase in ownership interest.
Retained Earnings: Retained Earnings increased to -53 million in 2023 from -62 million in 2022 representing a change of 15.61%. This indicates an accumulated profits.
Total Liabilities: Total Liabilities increased to 245 million in 2023 from 178 million in 2022 representing a change of 37.4%. This indicates an increase in overall liabilities.
Total Current Liabilities: Total Current Liabilities increased to 37 million in 2023 from 16 million in 2022 representing a change of 139.65%. This indicates a higher short-term debt burden.
Total Debt: Total Debt increased to 150 million in 2023 from 113 million in 2022 representing a change of 33.17%. This indicates an increase in overall debt burden.
| 2024Q2 | 2023Q4 | Q/Q change % | |
|---|---|---|---|
| 0001703079 | |||
| total assets | 671359860 | 543095707 | 23.62 |
| total liabilities | 289234428 | 244815299 | 18.14 |
| total equity | 382125432 | 298280408 | 28.11 |
| cash and cash equivalents | 16494540 | 1214678 | 1,257.94 |
| short term investments | 0 | 0 | NaN |
| long term investments | 639467740 | 520524854 | 22.85 |
| total current assets | 0 | 22128046 | -100.00 |
| total non current assets | 0 | 520524854 | -100.00 |
| total current liabilities | 0 | 36062444 | -100.00 |
| total non current liabilities | 289234428 | 150266104 | 92.48 |
| common stock | 0 | 350935380 | -100.00 |
| retained earnings | -41189284 | -52654972 | 21.78 |
| total debt | 235115864 | 150266104 | 56.47 |
Total Assets: Total Assets increased to 671 million in 2024Q2 from 543 million in 2023Q4 representing a change of 23.62%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 382 million in 2024Q2 from 298 million in 2023Q4 representing a change of 28.11%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 16 million in 2024Q2 from 1 million in 2023Q4 representing a change of 1257.94%. This indicates an increase in available liquid assets.
Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2024Q2 from 36 million in 2023Q4 representing a change of -100.0%. This indicates a lower short-term debt burden.
Retained Earnings: Retained Earnings increased to -41 million in 2024Q2 from -53 million in 2023Q4 representing a change of 21.78%. This indicates an accumulated profits.
Total Liabilities: Total Liabilities increased to 289 million in 2024Q2 from 245 million in 2023Q4 representing a change of 18.14%. This indicates an increase in overall liabilities.
Total Current Assets: Total Current Assets decreased to 0 million in 2024Q2 from 22 million in 2023Q4 representing a change of -100.0%. This indicates a worsen liquidity position.
Common Stock: Common Stock decreased to 0 in 2024Q2 from 351 in 2023Q4 representing a change of -100.0%. This indicates a decrease in ownership interest.
Total Debt: Total Debt increased to 235 million in 2024Q2 from 150 million in 2023Q4 representing a change of 56.47%. This indicates an increase in overall debt burden.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001703079 | |||
| net change in cash | 86604 | -3588276 | 102.41 |
| operating cash flow | -71176615 | -73935580 | 3.73 |
| free cash flow | -71176615 | -73935580 | 3.73 |
| capital expenditure | -2 | 0 | NaN |
| depreciation and amortization | 0 | 0 | NaN |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 0 | 0 | NaN |
| accounts payables | 18868142 | -21154536 | 189.19 |
| inventory | 0 | -101666 | 100.00 |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | -2 | 0 | NaN |
| net cash used for investing activites | 0 | -103330328 | 100.00 |
| debt repayment | 37200000 | 15000000 | 148.00 |
| common stock issued | 57468437 | 70625026 | -18.63 |
| common stock repurchased | 0 | 0 | NaN |
| dividends paid | -32238689 | -24494852 | -31.61 |
| net cash used provided by financing activities | 71263219 | 70347304 | 1.30 |
| cash at end of period | 1214678 | 1128074 | 7.68 |
| accounts receivables | -6523194 | -10035152 | 35.00 |
| cash at beginning of period | 1128074 | 4716350 | -76.08 |
Net Change in Cash: Net Change in Cash increased to 0 million in 2023 from -4 million in 2022 representing a change of 102.41%. 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 -71 million in 2023 from -74 million in 2022 representing a change of 3.73%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to -71 million in 2023 from -74 million in 2022 representing a change of 3.73%. This indicates an increase in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure decreased to 0 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Accounts Payables: The absolute value of Accounts Payables decreased to 19 million in 2023 from 21 million in 2022 representing a change of 189.19%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables increased to -7 in 2023 from -10 million in 2022 representing a change of 35.0%. This suggests that the company is less capable of collecting payments from its customers.
Dividends Paid: Dividends Paid decreased to -32 million in 2023 from -24 million in 2022 representing a change of -31.61%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
| 2024Q2 | 2023Q4 | Q/Q change % | |
|---|---|---|---|
| 0001703079 | |||
| operating cash flow | 53662455 | 38767147 | 38.42 |
| free cash flow | 53662450 | 38767147 | 38.42 |
| capital expenditure | -5 | 0 | NaN |
| depreciation and amortization | 0 | 0 | NaN |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 0 | 0 | NaN |
| accounts receivables | 6656782 | -9806250 | 167.88 |
| accounts payables | 15756178 | 23792275 | -33.78 |
| inventory | 0 | 0 | NaN |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | -5 | 0 | NaN |
| net cash used for investing activites | -124202456 | -104935129 | -18.36 |
| debt repayment | 18700000 | 28000000 | -33.21 |
| common stock issued | 77953950 | 62550056 | 24.63 |
| common stock repurchased | 0 | 0 | NaN |
| dividends paid | -21788864 | -17496571 | -24.53 |
| net cash used provided by financing activities | 74865086 | 73053485 | 2.48 |
| net change in cash | 4325085 | 7130187 | -39.34 |
| cash at end of period | 16494540 | 12169455 | 35.54 |
| cash at beginning of period | 12169455 | 5039268 | 141.49 |
Net Change in Cash: Net Change in Cash decreased to 4 million in 2024Q2 from 7 million in 2023Q4 representing a change of -39.34%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Accounts Receivables: Accounts Receivables increased to 7 in 2024Q2 from -10 million in 2023Q4 representing a change of 167.88%. This suggests that the company is less capable of collecting payments from its customers.
Dividends Paid: Dividends Paid decreased to -22 million in 2024Q2 from -17 million in 2023Q4 representing a change of -24.53%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
Operating Cash Flow: Operating Cash Flow increased to 54 million in 2024Q2 from 39 million in 2023Q4 representing a change of 38.42%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 54 million in 2024Q2 from 39 million in 2023Q4 representing a change of 38.42%. This indicates an increase in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure decreased to 0 million in 2024Q2 from 0 million in 2023Q4 representing a change of nan%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Accounts Payables: The absolute value of Accounts Payables decreased to 16 million in 2024Q2 from 24 million in 2023Q4 representing a change of -33.78%. This indicates that the company has reduced its outstanding obligations to its suppliers.
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.
Q1 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.
| 2023-09-30 | 2022-09-30 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 1.39 | -0.92 | 249.95 |
| net income per share | 1.22 | -1.09 | 211.93 |
| operating cash flow per share | -1.86 | -2.2 | 15.23 |
| free cash flow per share | -1.86 | -2.2 | 15.23 |
| cash per share | 0.03 | 0.03 | -5.18 |
| book value per share | 7.8 | 6.74 | 15.81 |
| tangible book value per share | 7.8 | 6.74 | 15.81 |
| shareholders equity per share | 7.8 | 6.74 | 15.81 |
| interest debt per share | 5.63 | 0.08 | 6,589.52 |
| market cap | 265618693.15 | 199907937.9 | 32.87 |
| enterprise value | 414670119.15 | 311617457.9 | 33.07 |
| pe ratio | 5.7 | -5.45 | 204.54 |
| price to sales ratio | 5.01 | -6.42 | 178.03 |
| pocfratio | -3.73 | -2.7 | -38.02 |
| pfcf ratio | -3.73 | -2.7 | -38.02 |
| pb ratio | 0.89 | 0.88 | 1.03 |
| ptb ratio | 0.89 | 0.88 | 1.03 |
| ev to sales | 7.82 | -10.01 | 178.14 |
| enterprise value over ebitda | 7.16 | -9.21 | 177.78 |
| ev to operating cash flow | -5.83 | -4.21 | -38.23 |
| ev to free cash flow | -5.83 | -4.21 | -38.23 |
| earnings yield | 0.18 | -0.18 | 195.66 |
| free cash flow yield | -0.27 | -0.37 | 27.55 |
| debt to equity | 0.7 | 0 | NaN |
| debt to assets | 0.38 | 0 | NaN |
| net debt to ebitda | 2.57 | -3.3 | 177.99 |
| current ratio | 0.6 | 0.95 | -37.49 |
| interest coverage | 7.55 | -11.94 | 163.26 |
| income quality | -1.53 | 2.02 | -175.74 |
| dividend yield | 0.12 | 0.12 | -0.95 |
| payout ratio | 0.69 | -0.67 | 203.55 |
| sales general and administrative to revenue | 0.03 | -0.05 | 169.39 |
| research and ddevelopement to revenue | 0 | 0.0 | -100.00 |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | -0.0 | 0 | NaN |
| capex to revenue | 0.0 | 0 | NaN |
| capex to depreciation | 0 | 0 | NaN |
| stock based compensation to revenue | 0 | 0 | NaN |
| graham number | 14.64 | 12.86 | 13.85 |
| roic | 0.11 | -0.02 | 569.91 |
| return on tangible assets | 0.09 | -0.09 | 194.78 |
| graham net net | -5.53 | -4.69 | -17.97 |
| working capital | -15020468 | -730180 | -1,957.09 |
| tangible asset value | 298280408 | 226800832 | 31.52 |
| net current asset value | -222687253 | -163409103 | -36.28 |
| invested capital | -15020468 | -730180 | -1,957.09 |
| average receivables | 17278228 | 8731902 | 97.87 |
| average payables | 25781893 | 25874861.5 | -0.36 |
| average inventory | 25581569 | 25315960.5 | 1.05 |
| days sales outstanding | 144.04 | -160.01 | 190.02 |
| days payables outstanding | 1475.42 | 673.3 | 119.13 |
| days of inventory on hand | 1353.51 | 785.32 | 72.35 |
| receivables turnover | 2.53 | -2.28 | 211.09 |
| payables turnover | 0.25 | 0.54 | -54.37 |
| inventory turnover | 0.27 | 0.46 | -41.98 |
| roe | 0.16 | -0.16 | 196.65 |
| capex per share | 0.0 | 0 | NaN |
ROE: Return on Equity (ROE) increased to 0.16 on 2023-09-30 from -0.16 on 2022-09-30, representing a change of 196.65%. Suggesting the company has been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 5.70 on 2023-09-30 from -5.45 on 2022-09-30, representing a change of 204.54%. Indicating an increase in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.60 on 2023-09-30 from 0.95 on 2022-09-30, representing a change of -37.49%. 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.
| 2024-03-31 Q2 | 2023-09-30 Q4 | Q/Q change % | |
|---|---|---|---|
| XFLT | |||
| calendar year | 2024 | 2023 | NaN |
| revenue per share | 0.83 | 0.6 | 38.17 |
| net income per share | 0.78 | 0.85 | -8.24 |
| operating cash flow per share | 1.14 | 0.98 | 16.14 |
| free cash flow per share | 1.14 | 0.98 | 16.14 |
| cash per share | 0.35 | 0.03 | 1,039.35 |
| book value per share | 8.14 | 7.57 | 7.49 |
| tangible book value per share | 8.14 | 7.57 | 7.49 |
| shareholders equity per share | 8.14 | 7.57 | 7.49 |
| interest debt per share | 5.17 | 0.15 | 3,251.20 |
| market cap | 333713971.71 | 273695913.65 | 21.93 |
| enterprise value | 552335295.71 | 422747339.65 | 30.65 |
| pe ratio | 2.28 | 2.04 | 11.48 |
| price to sales ratio | 8.53 | 11.52 | -25.96 |
| pocfratio | 6.22 | 7.06 | -11.92 |
| pfcf ratio | 6.22 | 7.06 | -11.92 |
| pb ratio | 0.87 | 0.92 | -4.82 |
| ptb ratio | 0.87 | 0.92 | -4.82 |
| ev to sales | 14.12 | 17.8 | -20.66 |
| enterprise value over ebitda | 12.46 | 10.69 | 16.61 |
| ev to operating cash flow | 10.29 | 10.9 | -5.61 |
| ev to free cash flow | 10.29 | 10.9 | -5.61 |
| earnings yield | 0.11 | 0.12 | -10.30 |
| free cash flow yield | 0.16 | 0.14 | 13.53 |
| debt to equity | 0.62 | 0 | NaN |
| debt to assets | 0.35 | 0 | NaN |
| net debt to ebitda | 4.93 | 3.77 | 30.91 |
| current ratio | 0 | 0.61 | -100.00 |
| interest coverage | 5.75 | 6.51 | -11.61 |
| income quality | 1.47 | 1.16 | 26.56 |
| dividend yield | 0.07 | 0.06 | 2.14 |
| payout ratio | 0.6 | 0.52 | 13.86 |
| sales general and administrative to revenue | 0 | 0 | NaN |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | 0.0 | 0 | NaN |
| capex to revenue | 0.0 | 0 | NaN |
| capex to depreciation | 0 | 0 | NaN |
| stock based compensation to revenue | 0 | 0 | NaN |
| graham number | 11.95 | 12.04 | -0.68 |
| roic | 0.07 | 0.13 | -45.93 |
| return on tangible assets | 0.05 | 0.06 | -11.53 |
| graham net net | -5.57 | -5.37 | -3.85 |
| working capital | 0 | -13934398 | 100.00 |
| tangible asset value | 382125432 | 298280408 | 28.11 |
| net current asset value | -289234428 | -222687253 | -29.88 |
| invested capital | 0 | -13934398 | 100.00 |
| average receivables | 17866528 | 15636700 | 14.26 |
| average payables | 18031222 | 23425521 | -23.03 |
| average inventory | 16541411.5 | 16541411.5 | 0.00 |
| days sales outstanding | 34.1 | 79.26 | -56.97 |
| days payables outstanding | 0 | 684.82 | -100.00 |
| days of inventory on hand | 0 | 628.24 | -100.00 |
| receivables turnover | 2.64 | 1.14 | 132.39 |
| payables turnover | 0 | 0.13 | -100.00 |
| inventory turnover | 0 | 0.14 | -100.00 |
| roe | 0.1 | 0.11 | -14.63 |
| capex per share | 0.0 | 0 | NaN |
ROE:
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 2.28 on 2024-03-31 Q2 from 2.04 on 2023-09-30 Q4, representing a change of 11.48%. Indicating an increase in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.00 on 2024-03-31 Q2 from 0.61 on 2023-09-30 Q4, representing a change of -100.00%. 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.
Negative Sentiment: Discounted Cash Flow value is -3.53 which is lower than current price 6.99, 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.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Neutral
Publish Date: 2024-11-06 22:28:47
The XAI Octagon Floating Rate & Alternative Income Trust is a high-yield, high-risk closed-end fund primarily invested in senior secured debt and CLO equity. XFLT offers a 16% yield driven by floating rate assets, benefiting from rate hikes but exposed to volatility and market beta. Key risks include high expense ratios, trading at a premium, and significant volatility compared to similar CEFs.
Sentiment: Positive
Publish Date: 2024-11-01 16:15:00
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE: XFLT), payable on December 2, 2024, to common shareholders of record as of November 15, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date Novemb.
Sentiment: Neutral
Publish Date: 2024-11-01 11:36:16
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Sentiment: Positive
Publish Date: 2024-10-27 09:00:00
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Sentiment: Positive
Publish Date: 2024-10-24 15:08:00
CHICAGO--(BUSINESS WIRE)--XA Investments LLC (“XAI”), an alternative investment management and consulting firm, has released its Non-Listed Closed-End Funds Third Quarter 2024 Market Update covering current market trends and industry highlights. The non-listed closed-end funds (CEF) market includes all interval and tender offer funds. Some of the topics of the report include a growth analysis for the twenty largest funds and recently launched funds, a market-wide proration analysis and the rise.
Sentiment: Positive
Publish Date: 2024-10-23 07:35:00
The more secure your income stream in retirement, the fewer stress points you'll experience. I drive multiple tent pegs into the ground to secure my retirement plans with outstanding income. Solve your financial woes and watch your life improve readily.
Sentiment: Positive
Publish Date: 2024-10-21 02:39:41
Credit investing is like betting on horses to merely survive the race and make it around the track. Equity investing is like betting on horses to win, place or show. Credit bets are a lot easier to win than equity bets.
Sentiment: Positive
Publish Date: 2024-10-01 16:15:00
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.085 per share of the Trust's common shares (NYSE: XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust's 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Declaratio.
Sentiment: Positive
Publish Date: 2024-09-29 09:30:00
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Sentiment: Positive
Publish Date: 2024-09-21 10:30:00
Stop using weaker passive peers and unlock higher returns and income from actively managed funds. XAI Octagon Floating Rate & Alternative Income Trust offers income to the tune of 15% paid in monthly distributions. Get cash, and use it as you desire!
Sentiment: Positive
Publish Date: 2024-09-03 16:15:00
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.085 per share on the Trust's common shares (NYSE: XFLT), payable on October 1, 2024, to common shareholders of record as of September 17, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date Septem.
Sentiment: Positive
Publish Date: 2024-08-24 09:00:00
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Sentiment: Positive
Publish Date: 2024-08-22 05:15:49
XAI Octagon Floating Rate & Alternative Income Trust provides diverse exposure to varying debt investments to below-investment-grade borrowers. XFLT has a high dividend yield of 14.9% and can be a valuable income producer. Net investment continues to support the distribution. Future interest rate cuts can provide relief to current borrowers, which will reduce defaults. Lower rates can also support higher valuation growth.
Sentiment: Positive
Publish Date: 2024-08-20 11:36:13
Before July 31, 2024, my REaders mentioned 38 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN ReFa/Ro: FSK, PFE, VZ, PFS, PBR, ET, ESEA, EL, VALE, and NOAH averaged 41.06% net gains from reader data collected 8/14/24. Ten analyst-target-augured July TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: XOM, PBR, PFE, VZ, PFS, ET, ESEA, EL, VALE & NOAH, boasting a 33.38% average target price upside estimate.
* 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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