OFS Capital Corp (OFS) - Net Assets
Based on the latest financial reports, OFS Capital Corp (OFS) has net assets worth $109.32 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($315.68 Million) and total liabilities ($206.36 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. Check how tangible is OFS Capital Corp's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $109.32 Million |
| % of Total Assets | 34.63% |
| Annual Growth Rate | 0.63% |
| 5-Year Change | -39.54% |
| 10-Year Change | -14.32% |
| Growth Volatility | 42.95 |
OFS Capital Corp - Net Assets Trend (2009–2025)
This chart illustrates how OFS Capital Corp's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of OFS Capital Corp to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for OFS Capital Corp (2009–2025)
The table below shows the annual net assets of OFS Capital Corp from 2009 to 2025. For live valuation and market cap data, see OFS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $123.19 Million | -28.47% |
| 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 5114100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $134.00K | 0.11% |
| Other Components | $174.19 Million | 141.41% |
| Total Equity | $123.19 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 |
|---|---|
|
PicoCELA Inc. American Depositary Shares
NASDAQ:PCLA
|
$46.24 Million |
|
Asia Green Energy Public Company Limited
BK:AGE
|
$46.25 Million |
|
Jourdeness Group Ltd
TW:4190
|
$46.26 Million |
|
Maoye International Holdings Limited
F:5MIA
|
$46.26 Million |
|
Ithaca Energy PLC
LSE:ITH
|
$46.22 Million |
|
Strategic Investments A/S
CO:STRINV
|
$46.20 Million |
|
Plutus Financial Group Limited Ordinary Shares
NASDAQ:PLUT
|
$46.20 Million |
|
Hindustan Motors Limited
NSE:HINDMOTORS
|
$46.19 Million |
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 2024 to 2025, total equity changed from 172,225,000 to 123,188,000, a change of -49,037,000 (-28.5%).
- Net loss of 33,093,000 reduced equity.
- Dividend payments of 15,944,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.09 Million | -26.86% |
| Dividends Paid | $15.94 Million | -12.94% |
| Total Change | $- | -28.47% |
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: 0.43x
- 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 | $3.93 | x |
| 2010-12-31 | $7.26 | $3.93 | x |
| 2011-12-31 | $5.71 | $3.93 | x |
| 2012-12-31 | $14.80 | $3.93 | x |
| 2013-12-31 | $14.59 | $3.93 | x |
| 2014-12-31 | $14.27 | $3.93 | x |
| 2015-12-31 | $14.79 | $3.93 | x |
| 2016-12-31 | $14.83 | $3.93 | x |
| 2017-12-31 | $15.18 | $3.93 | x |
| 2018-12-31 | $13.11 | $3.93 | x |
| 2019-12-31 | $12.47 | $3.93 | x |
| 2020-12-31 | $11.87 | $3.93 | x |
| 2021-12-31 | $15.19 | $3.93 | x |
| 2022-12-31 | $13.45 | $3.93 | x |
| 2023-12-31 | $12.09 | $3.93 | x |
| 2024-12-31 | $12.85 | $3.93 | x |
| 2025-12-31 | $9.19 | $3.93 | 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): -26.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.03x
- • Equity Multiplier: 2.81x
- Recent ROE (-26.86%) is below the historical average (4.51%), suggesting potential challenges in 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% | -1.92% | 0.05x | 2.90x | $-16.67 Million |
| 2024 | 16.51% | 57.43% | 0.12x | 2.49x | $11.22 Million |
| 2025 | -26.86% | 0.00% | -0.03x | 2.81x | $-45.41 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: $1,622,810,822
- Average return on equity (ROE) among peers: 19.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OFS Capital Corp (OFS) | $109.32 Million | 2.93% | 1.89x | $46.22 Million |
| Acadian Asset Management Inc (AAMI) | $2.43 Billion | 0.12% | 2.51x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.26 Billion | 17.77% | 0.01x | $3.29 Billion |
| Associated Capital Group Inc (AC) | $916.05 Million | -6.34% | 0.04x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $160.40 Million | 149.15% | 0.14x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $194.14 Million |
| Alpha Compute Corp (ALP) | $-214.26K | 0.00% | 0.00x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $75.99 Million | 5.18% | 0.76x | $307.39 Million |
| Affiliated Managers Group Inc (AMG) | $795.07 Million | 9.70% | 1.43x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $9.71 Billion | 10.60% | 12.87x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $876.30 Million | 13.74% | 0.21x | $42.49 Million |
About 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