Oxford Other Assets vs Other Current Liab Analysis
OXLCL Stock | USD 23.93 0.04 0.17% |
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 Other Assets and its Other Current Liab 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 main economic indicators.
Other Assets vs Other Current Liab
Other Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Lane Capital Other Assets account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Oxford Lane's Other Assets and Other Current Liab is -0.3. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Liab 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 Other Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Oxford Lane Capital are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Assets i.e., Oxford Lane's Other Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Other Current Liab
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 main economic indicators. Enterprise Value is expected to rise to about 1.3 B this year, although the value of Selling General Administrative will most likely fall 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 | |
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 | |
Short Long Term Debt Total | 40M | 96.6M | 193.6M | 194.6M | 195.6M | 120.1M | |
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 | 121.7M | |
Common Stock | 723.5M | 1.0M | 1.4M | 1.7M | 2.4M | 2.3M | |
Other Current Assets | (22.8M) | (108.1M) | (60.7M) | (45.9M) | (77.9M) | (74.0M) | |
Long Term Debt | 151.7M | 152.9M | 214.2M | 208.6M | 239.9M | 189.4M | |
Capital Surpluse | 372.9M | 473.5M | 723.5M | 782.9M | 900.3M | 589.8M | |
Current Deferred Revenue | (40.1M) | (22.6M) | (33.5M) | (46.8M) | (69.9M) | (73.4M) | |
Short Term Debt | 40.1M | 22.9M | 33.5M | 46.8M | 72.3M | 39.1M |
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Is Stock 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.
Return On Equity 0.6703 |
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.