Oxford Total Assets vs Net Tangible Assets 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 Total Assets and its Net Tangible Assets 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.
Total Assets vs Net Tangible Assets
Total Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Lane Capital Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Oxford Lane's Total Assets and Net Tangible Assets is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets 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 Total Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Oxford Lane Capital are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Oxford Lane's Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Oxford Lane assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Oxford Lane Capital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.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
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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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.