Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock
Oxford 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 St… Read more
Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (OXLCN) - Net Assets
Latest net assets as of September 2025: $1.86 Billion USD
Based on the latest financial reports, Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (OXLCN) has net assets worth $1.86 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.65 Billion) and total liabilities ($785.40 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 | $1.86 Billion |
| % of Total Assets | 70.35% |
| Annual Growth Rate | 33.6% |
| 5-Year Change | 228.18% |
| 10-Year Change | 1382.99% |
| Growth Volatility | 61.62 |
Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock - Net Assets Trend (2011–2025)
This chart illustrates how Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (2011–2025)
The table below shows the annual net assets of Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.96 Billion | +67.09% |
| 2024-03-31 | $1.17 Billion | +47.65% |
| 2023-03-31 | $793.15 Million | -16.26% |
| 2022-03-31 | $947.16 Million | +58.85% |
| 2021-03-31 | $596.25 Million | +121.83% |
| 2020-03-31 | $268.79 Million | -24.04% |
| 2019-03-31 | $353.83 Million | +22.04% |
| 2018-03-31 | $289.93 Million | +24.94% |
| 2017-03-31 | $232.05 Million | +75.86% |
| 2016-03-31 | $131.95 Million | -41.34% |
| 2015-03-31 | $224.93 Million | -9.24% |
| 2014-03-31 | $247.83 Million | +101.26% |
| 2013-03-31 | $123.14 Million | +193.89% |
| 2012-03-31 | $41.90 Million | +23.60% |
| 2011-03-31 | $33.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock'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 67391422300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.53 Million | 0.23% |
| Other Components | $2.63 Billion | 134.23% |
| Total Equity | $1.96 Billion | 100.00% |
Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock Competitors by Market Cap
The table below lists competitors of Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ParcelPal Technology Inc
PINK:PTNYF
|
$238.85K |
|
Primary Bank
PINK:PRMY
|
$238.85K |
|
First Eagle Alternative Capital BDC Inc
NYSE:FCRX
|
$238.90K |
|
Blackstone Secured Lending Fund
NYSE:BXSL
|
$238.93K |
|
Small Cap Premium & Dividend Income Fund Inc
NYSE:RCC
|
$238.68K |
|
BCP
BC:BCP
|
$238.67K |
|
Lang & Schwarz AG
LSE:0RS1
|
$238.59K |
|
C-Bond Systems Inc
PINK:CBNT
|
$238.52K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,171,085,990 to 1,956,804,916, a change of 785,718,926 (67.1%).
- Net income of 48,457,781 contributed positively to equity growth.
- Dividend payments of 308,525,153 reduced retained earnings.
- Share repurchases of 68,125,000 reduced equity.
- New share issuances of 1,050,695,098 increased equity.
- Other factors increased equity by 63,216,200.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $48.46 Million | +2.48% |
| Dividends Paid | $308.53 Million | -15.77% |
| Share Repurchases | $68.12 Million | -3.48% |
| Share Issuances | $1.05 Billion | +53.69% |
| Other Changes | $63.22 Million | +3.23% |
| Total Change | $- | 67.09% |
Book Value vs Market Value Analysis
This analysis compares Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock'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: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.27x to 1.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | $91.07 | $24.20 | x |
| 2012-03-31 | $85.28 | $24.20 | x |
| 2013-03-31 | $80.98 | $24.20 | x |
| 2014-03-31 | $81.30 | $24.20 | x |
| 2015-03-31 | $70.41 | $24.20 | x |
| 2016-03-31 | $35.18 | $24.20 | x |
| 2017-03-31 | $51.00 | $24.20 | x |
| 2018-03-31 | $56.83 | $24.20 | x |
| 2019-03-31 | $43.00 | $24.20 | x |
| 2020-03-31 | $19.11 | $24.20 | x |
| 2021-03-31 | $32.29 | $24.20 | x |
| 2022-03-31 | $45.15 | $24.20 | x |
| 2023-03-31 | $26.39 | $24.20 | x |
| 2024-03-31 | $27.89 | $24.20 | x |
| 2025-03-31 | $21.59 | $24.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock 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): 2.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 50.60%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.45x
- Recent ROE (2.48%) is above the historical average (-1.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.24% | 15.81% | 0.01x | 1.10x | $-3.31 Million |
| 2012 | 10.54% | 88.14% | 0.12x | 1.02x | $227.74K |
| 2013 | 19.75% | 174.02% | 0.10x | 1.18x | $12.00 Million |
| 2014 | 9.14% | 73.13% | 0.09x | 1.42x | $-2.12 Million |
| 2015 | 1.48% | 5.97% | 0.14x | 1.77x | $-19.16 Million |
| 2016 | -65.01% | -241.24% | 0.13x | 2.07x | $-98.97 Million |
| 2017 | 45.34% | 97.94% | 0.28x | 1.63x | $82.00 Million |
| 2018 | 13.11% | 94.02% | 0.08x | 1.77x | $9.01 Million |
| 2019 | -5.93% | 0.00% | -0.03x | 1.62x | $-56.37 Million |
| 2020 | -108.31% | 0.00% | -0.54x | 1.98x | $-318.01 Million |
| 2021 | 48.63% | 98.83% | 0.31x | 1.57x | $230.31 Million |
| 2022 | 13.29% | 96.72% | 0.09x | 1.49x | $31.16 Million |
| 2023 | -21.60% | 0.00% | -0.12x | 1.68x | $-250.60 Million |
| 2024 | 20.08% | 84.11% | 0.16x | 1.50x | $118.00 Million |
| 2025 | 2.48% | 50.60% | 0.03x | 1.45x | $-147.22 Million |
Industry Comparison
This section compares Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock'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 |
|---|---|---|---|---|
| Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (OXLCN) | $1.86 Billion | 0.24% | 0.42x | $238.68K |
| 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 |