Oxford Net Tangible Assets vs Long Term Investments Analysis
OXLC Stock | USD 5.22 0.01 0.19% |
Oxford Lane financial indicator trend analysis is much more than just breaking down Oxford Lane Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxford Lane Capital is a good investment. Please check the relationship between Oxford Lane Net Tangible Assets and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Lane Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Net Tangible Assets vs Long Term Investments
Net Tangible Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Lane Capital Net Tangible Assets account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Oxford Lane's Net Tangible Assets and Long Term Investments is 0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Oxford Lane Capital, assuming nothing else is changed. The correlation between historical values of Oxford Lane's Net Tangible Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Oxford Lane Capital are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Tangible Assets i.e., Oxford Lane's Net Tangible Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Long Term Investments
Long Term Investments is an item on the asset side of Oxford Lane balance sheet that represents investments Oxford Lane Capital intends to hold for over a year. Oxford Lane Capital long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Oxford Lane's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oxford Lane Capital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Lane Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Enterprise Value is expected to grow to about 1.3 B, whereas Selling General Administrative is forecasted to decline to about 2.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 4.3M | 12.9M | 11.6M | 12.1M | Cost Of Revenue | 54.5M | 65.6M | 77.5M | 81.4M |
Oxford Lane fundamental ratios Correlations
Click cells to compare fundamentals
Oxford Lane Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oxford Lane fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 531.9M | 934.9M | 1.4B | 1.3B | 1.8B | 1.8B | |
Other Current Liab | (13.6K) | 22.6M | 33.5M | 42.8M | (7.8M) | (7.4M) | |
Total Current Liabilities | 624.8K | 13.6K | 300K | 32.6K | 69.9M | 73.4M | |
Total Stockholder Equity | 268.8M | 596.3M | 947.2M | 793.2M | 1.2B | 1.2B | |
Net Debt | 28.3M | 5.7M | 158.9M | 172.8M | 152.6M | 160.3M | |
Retained Earnings | (454.7M) | (187.6M) | (111.0M) | (417.0M) | (368.0M) | (349.6M) | |
Accounts Payable | 624.8K | 13.6K | 300K | 32.6K | 2.4M | 2.3M | |
Cash | 11.7M | 90.9M | 34.7M | 21.7M | 43.0M | 32.5M | |
Non Current Assets Total | 508.4M | 826.0M | 1.3B | 1.3B | 1.7B | 1.8B | |
Non Currrent Assets Other | (508.4M) | (826.0M) | (1.3B) | (1.3B) | (1.7B) | (1.6B) | |
Other Assets | 745.9K | 732.5K | 540.8K | 373.2K | 407.1K | 386.8K | |
Cash And Short Term Investments | 11.7M | 90.9M | 34.7M | 21.7M | 43.0M | 32.5M | |
Common Stock Shares Outstanding | 70.3M | 92.3M | 104.9M | 150.3M | 209.9M | 220.4M | |
Liabilities And Stockholders Equity | 531.9M | 934.9M | 1.4B | 1.3B | 1.8B | 1.8B | |
Other Current Assets | (22.8M) | (108.1M) | (60.7M) | (45.9M) | (77.9M) | (74.0M) | |
Total Liab | 263.2M | 338.6M | 461.0M | 542.9M | 579.9M | 608.8M | |
Total Current Assets | 22.8M | 108.1M | 60.7M | 45.9M | 71.4M | 45.0M | |
Common Stock | 723.5M | 1.0M | 1.4M | 1.7M | 2.4M | 2.3M | |
Short Long Term Debt Total | 254.3M | 96.6M | 193.6M | 194.6M | 195.6M | 210.1M | |
Net Receivables | 11.1M | 17.3M | 26.0M | 24.2M | 28.5M | 14.6M | |
Non Current Liabilities Total | 40M | 96.6M | 193.6M | 194.6M | 195.6M | 122.0M | |
Common Stock Total Equity | 372.9M | 473.5M | 723.5M | 1.0M | 1.2M | 1.1M | |
Net Tangible Assets | 353.8M | 268.8M | 596.3M | 947.2M | 1.1B | 1.1B | |
Deferred Long Term Liab | 304.6K | 546.4K | 464.6K | 85.9K | 77.3K | 73.5K | |
Long Term Investments | 508.4M | 826.0M | 1.3B | 1.3B | 1.7B | 841.1M | |
Short Term Debt | 40.1M | 22.9M | 33.5M | 46.8M | 72.3M | 60.7M | |
Current Deferred Revenue | (40.1M) | (22.6M) | (33.5M) | (46.8M) | (69.9M) | (73.4M) | |
Net Invested Capital | 308.8M | 692.8M | 1.1B | 987.7M | 1.4B | 821.2M | |
Capital Stock | 723.5M | 1.0M | 1.4M | 1.7M | 2.4M | 2.3M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Oxford Lane Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oxford Lane's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oxford Lane Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oxford Lane Capital Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Lane Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oxford Lane. If investors know Oxford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oxford Lane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Dividend Share 0.99 | Earnings Share 0.81 | Revenue Per Share 1.058 | Quarterly Revenue Growth 0.345 |
The market value of Oxford Lane Capital is measured differently than its book value, which is the value of Oxford that is recorded on the company's balance sheet. Investors also form their own opinion of Oxford Lane's value that differs from its market value or its book value, called intrinsic value, which is Oxford Lane's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oxford Lane's market value can be influenced by many factors that don't directly affect Oxford Lane's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oxford Lane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oxford Lane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oxford Lane's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.