Oxford Square Capital Stock Beneish M Score

OXSQG Stock  USD 23.17  0.13  0.56%   
This module uses fundamental data of Oxford Square to approximate the value of its Beneish M Score. Oxford Square M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Oxford Square Piotroski F Score and Oxford Square Altman Z Score analysis.
  
At this time, Oxford Square's Debt To Equity is most likely to slightly decrease in the upcoming years. The Oxford Square's current Debt To Assets is estimated to increase to 0.30, while Long Term Debt is projected to decrease to roughly 149.1 M. At this time, Oxford Square's Operating Cash Flow Per Share is most likely to increase slightly in the upcoming years. The Oxford Square's current EV To Sales is estimated to increase to 8.20, while Dividend Yield is projected to decrease to 0.10.
At this time, it appears that Oxford Square Capital is an unlikely manipulator. The earnings manipulation may begin if Oxford Square's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Oxford Square executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Oxford Square's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-2.25
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

2.07

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.82

Focus
Gross Margin Strengs

1.05

Focus
Accruals Factor

1.82

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.58

Focus
Financial Leverage Condition

0.63

Focus

Oxford Square Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if Oxford Square's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables4.7 MM
Fairly Up
Pretty Stable
Total Assets486.5 M277.7 M
Way Up
Slightly volatile
Total Current Assets5.5 T5.7 T
Notably Down
Slightly volatile
Non Current Assets Total462 M266.9 M
Way Up
Slightly volatile
Selling General Administrative2.2 T2.1 T
Sufficiently Up
Slightly volatile
Total Current Liabilities2.1 M2.2 M
Notably Down
Pretty Stable
Non Current Liabilities Total155.3 M126.4 M
Fairly Up
Slightly volatile
Short Term Debt117.5 T123 T
Sufficiently Down
Pretty Stable
Long Term Debt149.1 M167.7 M
Fairly Down
Slightly volatile
Short Term Investments5.5 T5.7 T
Notably Down
Slightly volatile
Long Term Investments3.5 M3.9 M
Fairly Down
Slightly volatile
Gross Profit Margin0.790.7536
Sufficiently Up
Slightly volatile

Oxford Square Capital Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between Oxford Square's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Oxford Square in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Oxford Square's degree of accounting gimmicks and manipulations.

About Oxford Square Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Depreciation And Amortization

(180,835)

At this time, Oxford Square's Depreciation And Amortization is most likely to increase significantly in the upcoming years.

Oxford Square Earnings Manipulation Drivers

Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as Oxford Square. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
201920202021202220232024 (projected)
Net Receivables3.5M2.3M3.1M3.5M4.0M4.7M
Total Revenue(28.7M)5.5M43.9M(81.4M)34.8M20.0M
Total Assets385.3M357.7M433.5M328.0M277.7M486.5M
Total Current Assets17.9M61.4M12.1M322.9M5.7T5.5T
Non Current Assets Total364.8M295.6M420.8M314.7M266.9M462.0M
Selling General Administrative3.0M2.9M3.3M3.0M2.1T2.2T
Total Current Liabilities632.2K478.2K1.2M186.3M2.2M2.1M
Non Current Liabilities Total134.4M106.9M185.4M3.0M126.4M155.3M
Net Debt120.0M47.7M176.4M177.3M117.2M128.9M
Short Term Debt134.4T106.9T185.4T186.3M123.0T117.5T
Operating Income(32.8M)1.7M39.6M33.0M28.4M27.0M
Total Cash From Operating Activities47.8M95.1M(107.4M)20.4M26.7M13.6M
Gross Profit Margin3.21.360.150.851.080.79

Oxford Square 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, Oxford Square's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Oxford Square's managers, analysts, and investors.
Environmental
Governance
Social

About Oxford Square Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Oxford Square Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oxford Square using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oxford Square Capital 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.

Currently Active Assets on Macroaxis

When determining whether Oxford Square Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oxford Square's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oxford Square Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oxford Square Capital Stock:
Check out Oxford Square Piotroski F Score and Oxford Square Altman Z Score analysis.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oxford Square. If investors know Oxford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oxford Square listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.5057
The market value of Oxford Square Capital is measured differently than its book value, which is the value of Oxford that is recorded on the company's balance sheet. Investors also form their own opinion of Oxford Square's value that differs from its market value or its book value, called intrinsic value, which is Oxford Square's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oxford Square's market value can be influenced by many factors that don't directly affect Oxford Square's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oxford Square's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oxford Square is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oxford Square's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.