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Oxford Square Capital (OXSQ) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Oxford Square Capital
NasdaqGS•Financial Services•Asset Management
$1.340.00(0.00%)Pre-market
Market Cap
$126.08M
P/S
6.2x
P/B
0.9x

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans. The firm primarily invests in debt and/or equity securities of technology-related companies that operate in the computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems sectors. It concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm invests between $5 million and $30 million per transaction. It seeks to exit its investments within 7 years. It serves as the investment adviser to TICC. Oxford Square Capital Corp., formerly known as TICC Capital Corp., was founded in 2003 and is headquartered in Greenwich, Connecticut.

D

How this company scores

WeakMetricSide Score: 22/100

Strongest: Balance Sheet & Red Flags (10/25); weakest: Cash & Earnings Quality (3/25).

Profitability6/25
Growth3/25
Balance Sheet & Red Flags10/25
Cash & Earnings Quality3/25
Strengths
Net cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 28.2x5y range 9.7x – 116.5x
P/E 28.2x · above its 5-quarter median

Currently above its 5-quarter median.

P/S · 6.2x5y range 1.9x – 22.1x
P/S 6.2x · near its 13-quarter median

Currently near its 13-quarter median.

P/B · 0.9x5y range 0.8x – 1.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 25.6% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.

Price & Volume
Market Cap $126.08M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$20.28M
6Q
Q. Revenue
$5.14M
7%
TTM EBITDA
$20.28M
7Q
TTM Op. Income
$20.28M
7Q
Q. Op. Income
$5.14M
7%
TTM Net Income
$-36.53M
6Q
Q. Net Income
$3.99M
9%
EPS
$0.05
38%
Shares Out.
$99.27M
7Q
$20.28M in TTM revenue declined 14.7% YoY, reaching $5.14M last quarter. TTM EBITDA of $20.28M and TTM operating income of $20.28M show growth is flowing through to the bottom line. However, net income is negative at $36.53M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 6 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
100.0%
0%
Op. Margin
100.0%
0%
Net Margin
77.7%
3%
Op. margin of 100.0% is flat YoY — stable. Net margin at 77.7% Over the past year, operating margin is up 0% — a steady trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
6.2x
9%
P/B Ratio
0.9x
10%
P/S of 6.2x and P/B of 0.9x. Over the past year, P/E is up 0% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$290.61M
6%
Cash
$34.61M
2Q
Long-Term Debt
N/A
Book Value
$135.03M
14%
D/E Ratio
N/A
Debt/EBITDA
0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-14.09M
749%
TTM Free Cash Flow
$-46.55M
2Q
FCF Margin
-229.6%
2Q
FCF / Net Income
1.3
2Q
TTM FCF of $-46.55M on $-14.09M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.

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P/B 0.9x
· near its 16-quarter median

Currently near its 16-quarter median.

Cash Burn

Watch

5 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.

Share Dilution

Red Flag

Shares outstanding increased 53.2% — significant dilution, likely from stock compensation or capital raises.