OFS Credit Financials

OCCI Stock  USD 7.07  0.03  0.42%   
Based on the key indicators related to OFS Credit's liquidity, profitability, solvency, and operating efficiency, OFS Credit may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, OFS Credit's Capital Stock is increasing as compared to previous years. The OFS Credit's current Common Stock is estimated to increase to about 19.2 K, while Total Assets are projected to decrease to under 127 M. Key indicators impacting OFS Credit's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.420.47
Moderately Down
Slightly volatile
Current Ratio8.667.31
Fairly Up
Slightly volatile
The essential information of the day-to-day investment outlook for OFS Credit includes many different criteria found on its balance sheet. An individual investor should monitor OFS Credit's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in OFS Credit.

Net Income

(1.78 Million)

  
Understanding current and past OFS Credit Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of OFS Credit's financial statements are interrelated, with each one affecting the others. For example, an increase in OFS Credit's assets may result in an increase in income on the income statement.

OFS Credit Stock Summary

OFS Credit competes with WhiteHorse Finance, Monroe Capital, Portman Ridge, Fidus Investment, and Diamond Hill. Ofs Credit operates under Asset Management classification in the United States and is traded on NASDAQ Exchange.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS67111Q1076
CUSIP67111Q107
LocationIllinois; U.S.A
Business Address10 South Wacker
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.ofscreditcompany.com
Phone847 734 2000
CurrencyUSD - US Dollar

OFS Credit Key Financial Ratios

OFS Credit Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets63.6M165.2M159.0M185.9M213.8M127.0M
Other Current Liab(20.7M)(5.9M)(59.9M)(60.0M)(54.0M)(51.3M)
Net Tangible Assets45.9M41.5M108.1M94.2M108.3M74.8M
Net Debt14.3M34.0M49.8M46.0M52.9M27.8M
Retained Earnings(11.8M)11.7M(15.3M)(42.9M)(38.6M)(36.7M)
Cash6.4M15.0M12.5M16.8M19.3M11.7M
Other Assets259.5K249.1K115.0K221.2K254.4K167.3K
Total Liab22.1M5.9M64.8M65.7M75.6M79.4M
Total Current Assets6.4M15.3M13.1M17.6M20.3M12.0M
Capital Stock3.6K7.7K9.4K15.9K18.3K19.2K
Common Stock3.6K7.7K9.4K15.9K18.3K19.2K
Other Current Assets(6.4M)(15.3M)(13.1M)(17.6M)(15.9M)(16.6M)
Short Term Debt20.7M49.0M62.3M62.8M72.2M47.4M

OFS Credit Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Income11.1M15.6M26.2M30.7M35.3M37.1M
Interest Expense1.6M2.7M4.0M4.1M4.7M2.5M
Total Revenue(1.6M)23.0M(10.4M)945.8K1.1M1.1M
Gross Profit(1.6M)23.0M(10.4M)945.8K1.1M1.0M
Operating Income(3.7M)20.3M(9.5M)(1.9M)(2.2M)(2.1M)
Ebit(3.7M)20.3M(9.5M)(1.9M)(2.2M)(2.1M)
Ebitda(3.7M)20.3M(9.5M)(1.9M)(2.2M)(2.1M)
Cost Of Revenue3.2M4.9M7.3M8.4M9.6M5.2M
Income Before Tax(3.7M)20.3M(13.6M)(1.9M)(1.7M)(1.8M)
Net Income(3.7M)20.3M(13.6M)(1.9M)(1.7M)(1.8M)
Income Tax Expense5.1M6.5M213.8K145.5K130.9K124.4K
Net Interest Income9.4M12.8M22.2M26.6M30.6M17.4M
Research Development0.331.310.520.060.0540.0513

OFS Credit Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash2.5M8.5M(2.5M)4.2M3.8M2.2M
Free Cash Flow3.5M(65.7M)(14.6M)(23.7M)(21.3M)(22.4M)
Other Non Cash Items7.4M(92.5M)4.7M(21.9M)(19.7M)(20.7M)
Dividends Paid3.5M2.2M3.6M5.0M4.5M3.4M
Net Income(3.7M)20.3M(13.6M)(1.9M)(1.7M)(1.8M)
End Period Cash Flow6.4M15.0M12.5M16.8M19.3M11.7M
Change To Netincome(22.3M)7.3M(92.8M)4.3M4.9M5.2M

OFS Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining OFS Credit's current stock value. Our valuation model uses many indicators to compare OFS Credit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OFS Credit competition to find correlations between indicators driving OFS Credit's intrinsic value. More Info.
OFS Credit is rated below average in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about  0.75  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for OFS Credit is roughly  1.33 . As of now, OFS Credit's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the OFS Credit's earnings, one of the primary drivers of an investment's value.

OFS Credit Systematic Risk

OFS Credit's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. OFS Credit volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on OFS Credit correlated with the market. If Beta is less than 0 OFS Credit generally moves in the opposite direction as compared to the market. If OFS Credit Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OFS Credit is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OFS Credit is generally in the same direction as the market. If Beta > 1 OFS Credit moves generally in the same direction as, but more than the movement of the benchmark.

OFS Credit Thematic Clasifications

OFS Credit is part of Asset Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Asset Management industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Asset ManagementView
This theme covers USA Equities from Asset Management industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in OFS Credit Stock are looking for potential investment opportunities by analyzing not only static indicators but also various OFS Credit's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of OFS Credit growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.39

As of now, OFS Credit's Price Earnings To Growth Ratio is increasing as compared to previous years.

OFS Credit November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of OFS Credit help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of OFS Credit. We use our internally-developed statistical techniques to arrive at the intrinsic value of OFS Credit based on widely used predictive technical indicators. In general, we focus on analyzing OFS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OFS Credit's daily price indicators and compare them against related drivers.

Complementary Tools for OFS Stock analysis

When running OFS Credit's price analysis, check to measure OFS Credit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OFS Credit is operating at the current time. Most of OFS Credit's value examination focuses on studying past and present price action to predict the probability of OFS Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Credit's price. Additionally, you may evaluate how the addition of OFS Credit to your portfolios can decrease your overall portfolio volatility.
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