OFS Capital Corp
OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries. It does not invest in operational turnarounds or st… Read more
OFS Capital Corp (OFS) - Net Assets
Latest net assets as of September 2025: $136.31 Million USD
Based on the latest financial reports, OFS Capital Corp (OFS) has net assets worth $136.31 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($378.15 Million) and total liabilities ($241.84 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $136.31 Million |
| % of Total Assets | 36.05% |
| Annual Growth Rate | 2.95% |
| 5-Year Change | 8.35% |
| 10-Year Change | 20.43% |
| Growth Volatility | 43.38 |
OFS Capital Corp - Net Assets Trend (2009–2024)
This chart illustrates how OFS Capital Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for OFS Capital Corp (2009–2024)
The table below shows the annual net assets of OFS Capital Corp from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $172.22 Million | +6.31% |
| 2023-12-31 | $162.00 Million | -10.21% |
| 2022-12-31 | $180.42 Million | -11.45% |
| 2021-12-31 | $203.74 Million | +28.18% |
| 2020-12-31 | $158.96 Million | -4.60% |
| 2019-12-31 | $166.63 Million | -4.80% |
| 2018-12-31 | $175.02 Million | -7.07% |
| 2017-12-31 | $188.34 Million | +30.99% |
| 2016-12-31 | $143.78 Million | +0.54% |
| 2015-12-31 | $143.01 Million | +4.03% |
| 2014-12-31 | $137.47 Million | -2.07% |
| 2013-12-31 | $140.38 Million | -1.00% |
| 2012-12-31 | $141.80 Million | +159.14% |
| 2011-12-31 | $54.72 Million | -21.29% |
| 2010-12-31 | $69.52 Million | -37.56% |
| 2009-12-31 | $111.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to OFS Capital Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1282100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $134.00K | 0.08% |
| Other Components | $184.91 Million | 107.37% |
| Total Equity | $172.22 Million | 100.00% |
OFS Capital Corp Competitors by Market Cap
The table below lists competitors of OFS Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WOLFORD
MU:WOF
|
$30.22K |
|
CHINA LIFE INS -H- - Dusseldorf Stock Exchang
DU:CHL
|
$30.26K |
|
BMIN4F
SA:BMIN4F
|
$30.26K |
|
BFF Bank SpA
STU:2BF
|
$30.27K |
|
Endurance Motive S.A.
MC:END
|
$30.19K |
|
HENGAN INTL GRP
MU:HGNC
|
$30.18K |
|
Lotte Reit Co Ltd
KO:330590
|
$30.18K |
|
Navigator Acquisition Corp
V:NAQ-P
|
$30.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OFS Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 162,004,000 to 172,225,000, a change of 10,221,000 (6.3%).
- Net income of 28,442,000 contributed positively to equity growth.
- Dividend payments of 18,221,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $28.44 Million | +16.51% |
| Dividends Paid | $18.22 Million | -10.58% |
| Total Change | $- | 6.31% |
Book Value vs Market Value Analysis
This analysis compares OFS Capital Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.25x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $11.62 | $3.15 | x |
| 2010-12-31 | $7.26 | $3.15 | x |
| 2011-12-31 | $5.71 | $3.15 | x |
| 2012-12-31 | $14.80 | $3.15 | x |
| 2013-12-31 | $14.59 | $3.15 | x |
| 2014-12-31 | $14.27 | $3.15 | x |
| 2015-12-31 | $14.79 | $3.15 | x |
| 2016-12-31 | $14.83 | $3.15 | x |
| 2017-12-31 | $15.18 | $3.15 | x |
| 2018-12-31 | $13.11 | $3.15 | x |
| 2019-12-31 | $12.47 | $3.15 | x |
| 2020-12-31 | $11.87 | $3.15 | x |
| 2021-12-31 | $15.19 | $3.15 | x |
| 2022-12-31 | $13.45 | $3.15 | x |
| 2023-12-31 | $12.09 | $3.15 | x |
| 2024-12-31 | $12.85 | $3.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OFS Capital Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 59.30%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.49x
- Recent ROE (16.51%) is above the historical average (6.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 2.93% | 11.21% | 0.13x | 2.05x | $-7.88 Million |
| 2010 | 7.54% | 74.77% | 0.05x | 2.22x | $-1.71 Million |
| 2011 | -4.00% | -198.64% | 0.02x | 1.19x | $-7.66 Million |
| 2012 | 4.38% | 75.48% | 0.03x | 1.73x | $-7.96 Million |
| 2013 | 5.47% | 62.87% | 0.04x | 1.99x | $-6.36 Million |
| 2014 | 7.23% | 51.09% | 0.06x | 2.48x | $-3.81 Million |
| 2015 | 12.75% | 62.37% | 0.10x | 2.08x | $3.93 Million |
| 2016 | 9.62% | 60.31% | 0.08x | 2.12x | $-549.80K |
| 2017 | 4.20% | 45.21% | 0.05x | 1.90x | $-10.92 Million |
| 2018 | 5.47% | 41.12% | 0.05x | 2.52x | $-7.93 Million |
| 2019 | 5.73% | 31.90% | 0.06x | 3.23x | $-7.11 Million |
| 2020 | 2.32% | 12.68% | 0.06x | 3.04x | $-12.20 Million |
| 2021 | 27.91% | 66.32% | 0.15x | 2.79x | $36.49 Million |
| 2022 | -4.20% | -59.76% | 0.02x | 2.89x | $-25.63 Million |
| 2023 | -0.29% | -0.82% | 0.12x | 2.90x | $-16.67 Million |
| 2024 | 16.51% | 59.30% | 0.11x | 2.49x | $11.22 Million |
Industry Comparison
This section compares OFS Capital Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OFS Capital Corp (OFS) | $136.31 Million | 2.93% | 1.77x | $30.22K |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |