Ofs Capital Corp Stock Total Asset

OFS Stock

USD 9.81 0.01 0.10%

OFS Capital Corp fundamentals help investors to digest information that contributes to OFS Capital's financial success or failures. It also enables traders to predict the movement of OFS Stock. The fundamental analysis module provides a way to measure OFS Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to OFS Capital stock.

		Last Reported	Projected for Next Year
	Total Assets	469.8 M	388.5 M

Total Assets is likely to drop to about 388.5 M in 2024. Intangibles To Total Assets is likely to drop to 0.0001 in 2024.

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OFS Capital Corp Company Total Asset Analysis

OFS Capital's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current OFS Capital Total Asset

469.82 M

Most of OFS Capital's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, OFS Capital Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

OFS Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for OFS Capital is extremely important. It helps to project a fair market value of OFS Stock properly, considering its historical fundamentals such as Total Asset. Since OFS Capital's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of OFS Capital's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of OFS Capital's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Long Term Debt	Current Deferred Revenue	Retained Earnings	Short Term Investments	Common Stock	Good Will	Intangible Assets	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Capital Stock
Total Assets		0.87	0.95	0.7	0.45	0.99	0.42	-0.53	0.86	-0.68	-0.3	0.39	0.81	-0.13	-0.76	0.75	-0.66	0.67	-0.84	0.78	0.79	0.83	-0.13
Total Stockholder Equity	0.87		0.71	0.45	0.47	0.78	0.64	-0.46	0.61	-0.6	0.0	0.42	0.69	-0.1	-0.63	0.73	-0.69	0.41	-0.75	0.51	0.68	0.59	-0.1
Net Debt	0.95	0.71		0.73	0.39	0.98	0.16	-0.5	0.88	-0.64	-0.4	0.29	0.73	-0.1	-0.72	0.63	-0.52	0.74	-0.74	0.82	0.71	0.86	-0.1
Accounts Payable	0.7	0.45	0.73		0.4	0.75	0.24	-0.41	0.74	-0.32	-0.29	0.43	0.58	0.09	-0.44	0.45	-0.37	0.68	-0.63	0.77	0.57	0.76	0.09
Net Receivables	0.45	0.47	0.39	0.4		0.42	0.38	0.02	0.27	-0.39	0.36	0.3	0.18	0.03	-0.3	0.39	-0.06	0.37	-0.19	0.13	0.17	0.42	0.03
Total Liab	0.99	0.78	0.98	0.75	0.42		0.33	-0.53	0.89	-0.67	-0.38	0.35	0.81	-0.13	-0.76	0.72	-0.61	0.71	-0.82	0.82	0.79	0.86	-0.13
Total Current Assets	0.42	0.64	0.16	0.24	0.38	0.33		-0.17	0.26	-0.3	0.13	0.46	0.54	-0.12	-0.36	0.64	-0.58	0.01	-0.55	0.17	0.55	0.18	-0.12
Short Term Debt	-0.53	-0.46	-0.5	-0.41	0.02	-0.53	-0.17		-0.56	0.25	0.43	-0.12	-0.66	0.03	0.39	-0.46	0.28	-0.59	0.67	-0.56	-0.67	-0.48	0.03
Long Term Debt	0.86	0.61	0.88	0.74	0.27	0.89	0.26	-0.56		-0.49	-0.52	0.41	0.77	-0.17	-0.66	0.63	-0.56	0.65	-0.77	0.92	0.76	0.76	-0.17
Current Deferred Revenue	-0.68	-0.6	-0.64	-0.32	-0.39	-0.67	-0.3	0.25	-0.49		0.08	0.12	-0.72	0.52	0.95	-0.85	0.63	-0.53	0.72	-0.51	-0.72	-0.8	0.52
Retained Earnings	-0.3	0.0	-0.4	-0.29	0.36	-0.38	0.13	0.43	-0.52	0.08		0.15	-0.44	0.47	0.34	-0.13	0.08	-0.39	0.37	-0.58	-0.45	-0.37	0.47
Short Term Investments	0.39	0.42	0.29	0.43	0.3	0.35	0.46	-0.12	0.41	0.12	0.15		0.13	0.39	0.04	0.09	-0.48	-0.09	-0.27	0.18	0.12	0.05	0.39
Common Stock	0.81	0.69	0.73	0.58	0.18	0.81	0.54	-0.66	0.77	-0.72	-0.44	0.13		-0.37	-0.86	0.92	-0.68	0.67	-0.96	0.8	1.0	0.78	-0.37
Good Will	-0.13	-0.1	-0.1	0.09	0.03	-0.13	-0.12	0.03	-0.17	0.52	0.47	0.39	-0.37		0.63	-0.42	0.23	-0.17	0.35	-0.29	-0.41	-0.39	1.0
Intangible Assets	-0.76	-0.63	-0.72	-0.44	-0.3	-0.76	-0.36	0.39	-0.66	0.95	0.34	0.04	-0.86	0.63		-0.9	0.68	-0.61	0.85	-0.69	-0.86	-0.87	0.63
Net Tangible Assets	0.75	0.73	0.63	0.45	0.39	0.72	0.64	-0.46	0.63	-0.85	-0.13	0.09	0.92	-0.42	-0.9		-0.69	0.58	-0.89	0.64	0.92	0.75	-0.42
Deferred Long Term Liab	-0.66	-0.69	-0.52	-0.37	-0.06	-0.61	-0.58	0.28	-0.56	0.63	0.08	-0.48	-0.68	0.23	0.68	-0.69		-0.15	0.8	-0.51	-0.68	-0.52	0.23
Long Term Investments	0.67	0.41	0.74	0.68	0.37	0.71	0.01	-0.59	0.65	-0.53	-0.39	-0.09	0.67	-0.17	-0.61	0.58	-0.15		-0.61	0.73	0.66	0.8	-0.17
Short Long Term Debt	-0.84	-0.75	-0.74	-0.63	-0.19	-0.82	-0.55	0.67	-0.77	0.72	0.37	-0.27	-0.96	0.35	0.85	-0.89	0.8	-0.61		-0.8	-0.96	-0.81	0.35
Long Term Debt Total	0.78	0.51	0.82	0.77	0.13	0.82	0.17	-0.56	0.92	-0.51	-0.58	0.18	0.8	-0.29	-0.69	0.64	-0.51	0.73	-0.8		0.8	0.83	-0.29
Capital Surpluse	0.79	0.68	0.71	0.57	0.17	0.79	0.55	-0.67	0.76	-0.72	-0.45	0.12	1.0	-0.41	-0.86	0.92	-0.68	0.66	-0.96	0.8		0.78	-0.41
Net Invested Capital	0.83	0.59	0.86	0.76	0.42	0.86	0.18	-0.48	0.76	-0.8	-0.37	0.05	0.78	-0.39	-0.87	0.75	-0.52	0.8	-0.81	0.83	0.78		-0.39
Capital Stock	-0.13	-0.1	-0.1	0.09	0.03	-0.13	-0.12	0.03	-0.17	0.52	0.47	0.39	-0.37	1.0	0.63	-0.42	0.23	-0.17	0.35	-0.29	-0.41	-0.39

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OFS Total Asset Historical Pattern

Today, most investors in OFS Capital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various OFS Capital's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of OFS Capital total asset as a starting point in their analysis.

OFS Capital Total Asset

Timeline

Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Competition

Predict OFS Capital

Total Assets Over Time

OFS Total Assets

Total Assets

388.49 Million

At this time, OFS Capital's Total Assets are comparatively stable compared to the past year.

Based on the latest financial disclosure, OFS Capital Corp has a Total Asset of 469.82 M. This is 99.81% lower than that of the Capital Markets sector and 98.54% lower than that of the Financials industry. The total asset for all United States stocks is 98.41% higher than that of the company.

OFS Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OFS Capital's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of OFS Capital could also be used in its relative valuation, which is a method of valuing OFS Capital by comparing valuation metrics of similar companies.

OFS Capital is currently under evaluation in total asset category among its peers.

OFS Capital Current Valuation Drivers

We derive many important indicators used in calculating different scores of OFS Capital from analyzing OFS Capital's financial statements. These drivers represent accounts that assess OFS Capital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of OFS Capital's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	149.3M	95.8M	146.2M	136.2M	156.8M	106.6M
Enterprise Value	488.3M	367.2M	448.0M	453.0M	411.1M	241.9M

OFS Capital ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, OFS Capital's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to OFS Capital's managers, analysts, and investors.

Environmental

Governance

Social

OFS Capital Institutional Holders

Institutional Holdings refers to the ownership stake in OFS Capital that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of OFS Capital's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing OFS Capital's value.

		Shares
Access Investment Management Llc	2024-03-31	32.5 K
Virtus Etf Advisers Llc	2024-03-31	31.7 K
Connor Clark & Lunn Inv Mgmt Ltd	2024-03-31	28.2 K
Jane Street Group, Llc	2023-12-31	23.7 K
Comprehensive Portfolio Management, Llc	2024-03-31	23.6 K
Wiley Bros.-aintree Capital, Llc	2024-03-31	15.1 K
Soa Wealth Advisors, Llc.	2024-03-31	14.3 K
Janney Montgomery Scott Llc	2024-03-31	13.8 K
Lsv Asset Management	2024-03-31	12.9 K
Advisors Asset Management	2024-03-31	287.6 K
Morgan Stanley - Brokerage Accounts	2024-03-31	178.8 K

OFS Fundamentals

	Return On Equity	-0.0812
	Return On Asset	0.054
	Profit Margin	(0.23) %
	Operating Margin	0.71 %
	Current Valuation	381.42 M
	Shares Outstanding	13.4 M
	Shares Owned By Insiders	22.55 %
	Shares Owned By Institutions	11.14 %
	Number Of Shares Shorted	30.74 K
	Price To Earning	38.26 X
	Price To Book	0.80 X
	Price To Sales	2.27 X
	Revenue	45.59 M
	Gross Profit	48.74 M
	EBITDA	19.76 M
	Net Income	(465 K)
	Cash And Equivalents	14.84 M
	Cash Per Share	1.11 X
	Total Debt	299.73 M
	Debt To Equity	1.84 %
	Current Ratio	1.84 X
	Book Value Per Share	11.08 X
	Cash Flow From Operations	21.37 M
	Short Ratio	0.83 X
	Earnings Per Share	(0.99) X
	Price To Earnings To Growth	1.67 X
	Target Price	9.0
	Number Of Employees	51
	Beta	1.8
	Market Capitalization	131.44 M
	Total Asset	469.82 M
	Retained Earnings	(22.97 M)
	Annual Yield	0.14 %
	Five Year Return	12.95 %
	Net Asset	469.82 M
	Last Dividend Paid	1.35

About OFS Capital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze OFS Capital Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OFS Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OFS Capital Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with OFS Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OFS Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OFS Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with OFS Stock

0.62

BLK

BlackRock Financial Report 12th of July 2024

Pair Corr

Moving against OFS Stock

0.63	GBDC	Golub Capital BDC Fiscal Year End 18th of November 2024	Pair Corr
0.58	FDUS	Fidus Investment Corp	Pair Corr
0.57	MAIN	Main Street Capital	Pair Corr
0.51	WHF	WhiteHorse Finance	Pair Corr
0.43	BLX	Foreign Trade Bank	Pair Corr

The ability to find closely correlated positions to OFS Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OFS Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OFS Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OFS Capital Corp to buy it.

The correlation of OFS Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OFS Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OFS Capital Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for OFS Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for OFS Stock Analysis

When running OFS Capital's price analysis, check to measure OFS Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OFS Capital is operating at the current time. Most of OFS Capital's value examination focuses on studying past and present price action to predict the probability of OFS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Capital's price. Additionally, you may evaluate how the addition of OFS Capital to your portfolios can decrease your overall portfolio volatility.

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