Oxford Lane Capital is a closed-end management investment company. The Fund's investment objective is to maximize its portfolio's risk adjusted total return, and seeks to achieve its investment objective by investing in structured finance investments, specifically the equity and junior debt tranches of collateralized loan obligation vehicles, which are collateralized primarily by a diverse portfolio of Senior Loans, and which generally have very little or no exposure to real estate loans, or mortgage loans or to pools of consumer-based debt, such as credit card receivables or auto loans. We show 1 historical shares outstanding datapoints in our OXLC shares outstanding history coverage, used to compute OXLC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OXLC market cap history over the course of time is important for investors
interested in comparing OXLC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of OXLC versus a peer is one thing; comparing
OXLC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like OXLC can fluctuate over the course of history.
With this page we aim to empower investors researching OXLC by allowing them to research the OXLC market cap history. |
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Video: The Importance of Market Cap
