Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) 10-Year Financial Performance & Capital Metrics

OXLCG • • Banking & Credit

Financial ServicesAsset ManagementBusiness Development Companies (BDCs)CLO & Structured Credit Investors

AboutOxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.Show more

Net Interest Income -$25M
Total Revenue $96M -67.1%
Net Income $48M -79.4%
Return on Equity 3.1% -87.1%
Net Interest Margin -0.9%
Efficiency Ratio 9.24%
ROA 2.11% -86.1%
Equity / Assets 68.9% +3.0%
Book Value per Share 4.32 -22.6%
Tangible BV/Share 4.32 -22.6%
Debt/Equity 0.25 +49.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 9.2% efficiency ratio
✓Well capitalized: 68.9% equity/assets
✓Healthy dividend yield of 2.7%
✓Diversified revenue: 86.4% from non-interest income
✓Trading near 52-week high

✗Weaknesses

✗Weak 3Y average ROE of 2.5%
✗Weak Piotroski F-Score: 2/9
✗Weak NIM of -0.9%
✗Dividend payout exceeds 100% of earnings
✗Shares diluted 100.0% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y5.55%

5Y-3.76%

3Y-21.85%

TTM-

Profit (Net Income) CAGR

10Y30.7%

5Y-

3Y-27.25%

TTM349.81%

EPS CAGR

10Y-6.47%

5Y-

3Y-55.34%

TTM243.31%

ROCE

10Y Avg2.57%

5Y Avg12.74%

3Y Avg3.1%

Latest2.11%

Peer Comparison

CLO & Structured Credit Investors

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
OXLCGOxford Lane Capital Corp. 7.95% Notes due 2032		25.35	237.14	-67.05%	50.6%	10.15%		0.25
OXLCOxford Lane Capital Corp.	1.45B	14.92	139.57	-65.74%	50.6%	10.15%		0.25
PDPAPearl Diver Credit Company Inc.		25.32	29.79	6.8%	86.65%	13.08%		0.05
ECCUEagle Point Credit Company Inc.		25.20	29.30	-14.94%	69.26%	3.08%		0.29
ECCXEagle Point Credit Company Inc. 6.6875% NT 28	454.98M	25.15	29.24	-14.94%	69.26%	3.08%	22.76%	0.29
ECCFEagle Point Credit Company Inc.		24.93	28.99	-14.94%	69.26%	3.08%		0.29
ECCWEagle Point Credit Company Inc.		24.90	28.95	-14.94%	69.26%	3.08%		0.29
ECCCEagle Point Credit Company Inc.		24.65	28.66	-14.94%	69.26%	3.08%		0.29

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Net Interest Income+	0	0	0	0	0	0	0	0	0	-25.47M
NII Growth %	-	-	-	-	-	-	-	-	-	-
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	0	0	0	0	0	0	0	0	0	12.99M
Interest Expense	0	0	0	0	0	0	0	0	0	38.46M
Loan Loss Provision	15.1M	14.59M	19.38M	23.62M	31.63M	32.12M	54.45M	65.59M	77.49M	0
Non-Interest Income+	35.56M	52.31M	75.44M	86.5M	116M	58.26M	200.63M	241.84M	290.64M	82.78M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	35.56M	52.31M	75.44M	86.5M	116M	58.26M	200.63M	241.84M	290.64M	95.77M
Revenue Growth %	-0.36%	0.47%	0.44%	0.15%	0.34%	-0.5%	2.44%	0.21%	0.2%	-0.67%
Non-Interest Expense	0	0	0	0	0	0	0	0	0	8.85M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	-85.78M	105.2M	39.72M	-20.98M	-275.65M	306.21M	147.96M	-139.48M	267.96M	48.46M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-26.75%	2.23%	-0.62%	-1.53%	-12.14%	2.11%	-0.52%	-1.94%	2.92%	-0.82%
Pretax Income+	-85.78M	105.2M	38.01M	-20.98M	-291.13M	289.93M	125.88M	-171.29M	235.11M	48.46M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	-85.78M	105.2M	38.01M	-20.98M	-291.13M	289.93M	125.88M	-171.29M	235.11M	48.46M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-26.75%	2.23%	-0.64%	-1.55%	-12.88%	2%	-0.57%	-2.36%	2.37%	-0.79%
Net Income (Continuing)	-85.78M	105.2M	38.01M	-20.98M	-291.13M	289.93M	125.88M	-171.29M	235.11M	48.46M
EPS (Diluted)+	-4.57	4.62	1.49	-0.51	-4.14	3.14	1.20	-1.14	1.12	0.11
EPS Growth %	-22.93%	2.01%	-0.68%	-1.34%	-7.12%	1.76%	-0.62%	-1.95%	1.98%	-0.9%
EPS (Basic)	-4.57	4.62	1.49	-0.51	-4.14	3.14	1.20	-1.14	1.12	0.11
Diluted Shares Outstanding	18.75M	22.75M	25.51M	41.14M	70.32M	92.34M	104.9M	150.25M	209.92M	453.18M

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	20.36M	14.02M	20.33M	21.47M	11.66M	90.87M	34.67M	21.74M	42.97M	295.35M
Short Term Investments	0	0	0	0	0	0	0	0	0	0
Total Investments+	239.64M	356.76M	488.18M	542.23M	508.38M	826.01M	1.35B	1.29B	1.68B	0
Investments Growth %	-0.35%	0.49%	0.37%	0.11%	-0.06%	0.62%	0.63%	-0.04%	0.3%	-1%
Long-Term Investments	239.64M	356.76M	488.18M	542.23M	508.38M	826.01M	1.35B	1.29B	1.68B	0
Accounts Receivables	0	0	0	0	0	0	0	0	0	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
PP&E (Net)	0	0	0	0	0	0	0	0	0	0
Other Assets	-239.64M	-356.76M	-488.18M	-542.23M	-508.38M	-826.01M	-1.35B	-1.29B	0	2.52B
Total Current Assets	27.67M	19.92M	25.67M	30.1M	22.81M	108.12M	60.66M	45.92M	71.44M	320M
Total Non-Current Assets	239.64M	356.76M	488.18M	542.23M	508.38M	826.01M	1.35B	1.29B	1.68B	2.52B
Total Assets+	272.53M	377.12M	514.19M	573.35M	531.94M	934.86M	1.41B	1.34B	1.75B	2.84B
Asset Growth %	-0.31%	0.38%	0.36%	0.12%	-0.07%	0.76%	0.51%	-0.05%	0.31%	0.62%
Return on Assets (ROA)	-0.26%	0.32%	0.09%	-0.04%	-0.53%	0.4%	0.11%	-0.12%	0.15%	0.02%
Accounts Payable	39.5K	1.83M	529.96K	624.75K	13.63K	300K	32.64K	32.64K	2.42M	1.45M
Total Debt+	137.03M	133.36M	42.49M	42.49M	40M	96.57M	193.58M	194.56M	195.6M	486.92M
Net Debt	116.67M	119.34M	22.16M	21.02M	28.34M	5.71M	158.91M	172.82M	-42.97M	191.57M
Long-Term Debt	137.03M	133.36M	0	0	0	0	0	0	0	486.92M
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Liabilities	-137.03M	-133.36M	0	0	0	0	0	0	0	394.88M
Total Current Liabilities	39.5K	1.83M	529.96K	624.75K	13.63K	300K	32.64K	32.64K	0	1.45M
Total Non-Current Liabilities	140.58M	145.07M	42.49M	42.49M	40M	96.57M	193.58M	194.56M	0	881.8M
Total Liabilities	140.58M	145.07M	224.26M	219.52M	263.15M	338.61M	460.99M	542.89M	579.85M	883.25M
Total Equity+	131.95M	232.05M	289.93M	353.83M	268.79M	596.25M	947.16M	793.15M	1.17B	1.96B
Equity Growth %	-0.41%	0.76%	0.25%	0.22%	-0.24%	1.22%	0.59%	-0.16%	0.48%	0.67%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	-0.48%	0.58%	0.15%	-0.07%	-0.94%	0.67%	0.16%	-0.2%	0.24%	0.03%
Book Value per Share	7.04	10.20	11.37	8.60	3.82	6.46	9.03	5.28	5.58	4.32
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	283.85M	328.35M	372.85M	473.52M	723.51M	1M	1.44M	1.72M	2.39M	4.53M
Additional Paid-in Capital	283.85M	328.35M	0	0	0	782.88M	1.06B	1.21B	1.54B	2.63B
Retained Earnings	-11.39M	-25.67M	-10.16M	-119.68M	-454.72M	-187.64M	-111.03M	-417.03M	-367.99M	-674.31M
Accumulated OCI	-140.51M	-70.63M	-57.65M	0	0	0	0	0	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	140.51M	70.63M	57.65M	0	0	0	0	0	0	0

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	31.42M	-755.44K	-71.15M	-83.4M	-271.22M	-7.94M	-385.5M	-91.56M	-123.79M	-703.8M
Operating CF Growth %	1.23%	-1.02%	-93.18%	-0.17%	-2.25%	0.97%	-47.55%	0.76%	-0.35%	-4.69%
Net Income	-85.78M	105.2M	38.01M	-20.98M	-291.13M	289.93M	125.88M	-171.29M	235.11M	48.46M
Depreciation & Amortization	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	110.93M	-108.62M	-111M	-59.1M	19.74M	-293.38M	-507.47M	72.86M	-360.59M	-768.84M
Working Capital Changes	6.27M	2.67M	1.84M	-3.31M	174.17K	-4.49M	-3.91M	6.87M	1.7M	15.94M
Cash from Investing+	-35.5M	0	0	-174.96M	-394.02M	-131.95M	-932.95M	-472.86M	0	-1.56B
Purchase of Investments	-145.6M	0	0	-504.13M	-497.41M	-375.19M	-1.22B	-543.45M	-597.19M	0
Sale/Maturity of Investments	1000K	0	0	1000K	1000K	1000K	1000K	1000K	0	0
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0	0
Other Investing	0	0	0	0	0	0	0	0	0	0
Cash from Financing+	-18.79M	-5.59M	77.46M	84.54M	261.41M	87.14M	329.3M	78.63M	145.03M	956.17M
Dividends Paid	-37.31M	-48.9M	-41.52M	-54.24M	-83.99M	-75.09M	-85.6M	-122.53M	-166.6M	-308.52M
Share Repurchases	-44.82M	-15.31M	-50.5M	-2.54M	-30M	-6.38M	-57.03M	0	0	-68.13M
Stock Issued	65.03M	59.75M	130.44M	141.66M	294.06M	114.42M	314.25M	141.42M	315.16M	1.05B
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	0	0	0	0	-1000K	1000K	1000K	0	0	1000K
Other Financing	-2.99M	-1.25M	38.77M	-2.88M	-7.76M	-5.59M	-9.49M	-4M	-3.54M	-17.87M
Net Change in Cash+	12.63M	-6.35M	6.32M	1.14M	-9.81M	79.2M	-56.19M	-12.93M	21.23M	252.38M
Exchange Rate Effect	1000K	0	0	1000K	1000K	1000K	1000K	1000K	0	0
Cash at Beginning	7.73M	20.36M	14.02M	20.33M	21.47M	11.66M	90.87M	34.67M	21.74M	42.97M
Cash at End	20.36M	14.02M	20.33M	21.47M	11.66M	90.87M	34.67M	21.74M	42.97M	295.35M
Interest Paid	0	0	0	0	0	0	0	0	0	0
Income Taxes Paid	0	0	0	0	0	0	0	0	0	0
Free Cash Flow+	31.42M	-755.44K	-71.15M	-83.4M	-271.22M	-7.94M	-385.5M	-91.56M	-123.79M	-703.8M
FCF Growth %	1.23%	-1.02%	-93.18%	-0.17%	-2.25%	0.97%	-47.55%	0.76%	-0.35%	-4.69%

Banking Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-48.07%	57.8%	14.56%	-6.52%	-93.52%	67.03%	16.31%	-19.68%	23.94%	3.1%
Return on Assets (ROA)	-25.6%	32.39%	8.53%	-3.86%	-52.68%	39.53%	10.75%	-12.48%	15.23%	2.11%
Net Interest Margin	0%	0%	0%	0%	0%	0%	0%	0%	0%	-0.9%
Efficiency Ratio	0%	0%	0%	0%	0%	0%	0%	0%	0%	9.24%
Equity / Assets	48.42%	61.53%	56.39%	61.71%	50.53%	63.78%	67.26%	59.37%	66.88%	68.9%
Book Value / Share	7.04	10.2	11.37	8.6	3.82	6.46	9.03	5.28	5.58	4.32
Dividend Payout	-	46.49%	109.24%	-	-	25.9%	68.01%	-	70.86%	636.69%

Frequently Asked Questions

Valuation & Price

Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) has a price-to-earnings (P/E) ratio of 237.1x. This suggests investors expect higher future growth.

Growth & Financials

Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) saw revenue decline by 67.1% over the past year.

Yes, Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) is profitable, generating $189.2M in net income for fiscal year 2025 (50.6% net margin).

Dividend & Returns

Yes, Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) pays a dividend with a yield of 2.69%. This makes it attractive for income-focused investors.

Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) has a return on equity (ROE) of 3.1%. This is below average, suggesting room for improvement.

Industry Metrics

Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) has a net interest margin (NIM) of -0.9%. NIM has been under pressure due to interest rate environment.

Oxford Lane Capital Corp. 7.95% Notes due 2032 (OXLCG) has an efficiency ratio of 9.2%. This is excellent, indicating strong cost control.

US Stock Screener

...