The company maintains a thin capital buffer with an equity-to-assets ratio of 0.57, leaving it vulnerable to mark-to-market volatility within its $117.8 million liability structure.
| Cash & Short Term Investments | 13.51M | 24.7M | 16.78M | 12.54M | 15M | 6.45M | 3.93M | 9.06M |
| Cash & Due from Banks | 13.51M | 24.7M | 16.78M | 12.54M | 15M | 6.45M | 3.93M | 9.06M |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 0 | 0 | 168.1M | 0 | 149.67M | 0 | 0 | 0 |
| Investments Growth % | - | -100% | - | -100% | - | - | - | - |
| Long-Term Investments | 0 | 0 | 168.1M | 0 | 149.67M | 0 | 0 | 0 |
| Accounts Receivables | 0 | 800.88K | 833.14K | 607.29K | 289.2K | 0 | 0 | 155.44K |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 257.32M | 215.28M | 169.15M | 145.88M | 149.92M | 57.15M | 64.15M | 41.88M |
| Total Current Assets | 13.51M | 25.5M | 17.61M | 13.15M | 15.28M | 6.45M | 3.99M | 9.23M |
| Total Non-Current Assets | 257.32M | 215.28M | 168.1M | 145.88M | 149.92M | 57.15M | 64.15M | 41.88M |
| Total Assets | 270.82M | 240.77M | 185.93M | 159.03M | 165.21M | 63.59M | 68.13M | 51.1M |
| Asset Growth % | 12.48% | 29.49% | 16.92% | -3.74% | 159.79% | -6.66% | 33.33% | - |
| Return on Assets (ROA) | -3.88% | 7.04% | -1.09% | -8.38% | 17.75% | -5.58% | -13.18% | 0.56% |
| Accounts Payable | 0 | 0 | 0 | 0 | 5.9M | 0 | 320K | 590K |
| Total Debt | 0 | 0 | 62.77M | 0 | 49.03M | 0 | 0 | 0 |
| Net Debt | -13.51M | -24.7M | 45.99M | -12.54M | -15M | -6.45M | -3.93M | -9.06M |
| Long-Term Debt | 0 | 0 | 62.77M | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 114.42M | 92.17M | 62.97M | 64.82M | 51.21M | 22.12M | 21.96M | 124.73K |
| Total Current Liabilities | 3.38M | 2.85M | 2.77M | 2.33M | 5.9M | 0 | 320K | 590K |
| Total Non-Current Liabilities | 114.42M | 92.17M | 62.77M | 64.82M | 51.21M | 22.12M | 21.96M | 124.73K |
| Total Liabilities | 117.8M | 92.17M | 65.74M | 64.82M | 57.11M | 22.12M | 22.28M | 714.73K |
| Total Equity | 153.02M | 148.61M | 120.19M | 94.21M | 108.1M | 41.48M | 45.86M | 50.39M |
| Equity Growth % | 2.97% | 23.64% | 27.58% | -12.85% | 160.64% | -9.55% | -8.99% | - |
| Equity / Assets (Capital Ratio) | 56.5% | 61.72% | 64.64% | 59.24% | 65.43% | 65.22% | 67.3% | 98.6% |
| Return on Equity (ROE) | -6.57% | 11.18% | -1.76% | -13.43% | 27.15% | -8.42% | -16.33% | 0.57% |
| Book Value per Share | 5.99 | 8.90 | 10.53 | 11.44 | 13.75 | 12.81 | 17.63 | 20.11 |
| Tangible BV per Share | 5.99 | 8.90 | 10.53 | 11.44 | 13.75 | 12.81 | 17.63 | 20.11 |
| Common Stock | 28.03K | 20.7K | 15.92K | 9.44K | 7.72K | 3.58K | 3.06K | 2.5K |
| Additional Paid-in Capital | 218.83M | 193.76M | 163.08M | 109.54M | 96.35M | 53.3M | 50.95M | 49.96M |
| Retained Earnings | -65.83M | -45.17M | -42.91M | -15.34M | 11.74M | -11.83M | -5.09M | 420.08K |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CLO equity waterfall volatility
According to the latest quarterly filings, OCCI expanded its total assets to $270.8 million in 2025Q4, representing a significant increase from the $171.1 million reported in 2023Q3, though this growth appears to be heavily reliant on external capital rather than organic portfolio appreciation.
The rapid expansion of the asset base suggests a management strategy focused on scaling the fund's footprint to capture yield, yet this growth has not translated into improved bottom-line stability. Investors should monitor whether this aggressive asset accumulation is dilutive to existing shareholders, especially given the persistent volatility in net investment income.
Based on reported financial statements, OCCI's equity-to-assets ratio has fluctuated between 0.57 and 0.66 over the last ten quarters, indicating that the fund maintains a relatively thin capital buffer to absorb potential mark-to-market losses within its junior CLO equity investment portfolio.
The decline in the equity-to-assets ratio to 0.57 in 2025Q4 suggests that the fund is increasingly utilizing leverage to support its investment activities. This trend warrants further investigation, as a lower capital cushion leaves the fund more exposed to credit deterioration in the underlying corporate loan pools.
As indicated by recent balance sheet data, OCCI's cash and cash equivalents stood at $13.5 million in 2025Q4, a figure that appears insufficient relative to the fund's total liabilities of $117.8 million, suggesting a potential reliance on external financing to meet ongoing operational and distribution obligations.
The variability in cash balances, which swung from $6.9 million to $24.7 million over the observed period, implies that liquidity management is highly reactive to the timing of CLO distributions. This lack of a stable liquidity buffer may force the fund to liquidate assets at unfavorable prices during periods of market stress.
Based on the provided financial data, the absence of reported investment securities in 2025Q4, compared to $279.4 million in 2025Q3, suggests a significant shift in accounting or portfolio structure that warrants immediate scrutiny regarding the valuation of the fund's core CLO equity holdings.
This sudden disappearance of investment securities from the balance sheet may indicate a reclassification or a fundamental change in how the fund reports its primary assets. Investors should be cautious, as such shifts often obscure the true mark-to-market risk inherent in the fund's junior-tranche CLO positions.
Quick answers to the most common questions about buying OCCI stock.
As of 2025, OFS Credit Company, Inc. (OCCI) had total assets of $270.8M including $13.5M in current assets.
OFS Credit Company, Inc. (OCCI) carries total debt of $0.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
OFS Credit Company, Inc. (OCCI) has total shareholders' equity (book value) of $153.0M ($5.99 book value per share). Book value represents the net worth of the company belonging to common stock holders.
OFS Credit Company, Inc. (OCCI) reported a current ratio of 3.99x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.