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OFS Credit Company

Nasdaq:OCCI
Snowflake Description

Flawless balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OCCI
Nasdaq
$51M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

OFS Credit Company, Inc. is a fund of OFS Advisor. The last earnings update was 329 days ago. More info.


Add to Portfolio Compare Print
  • OFS Credit Company is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
OCCI Share Price and Events
7 Day Returns
-0.6%
NasdaqCM:OCCI
1.1%
US Capital Markets
0.5%
US Market
1 Year Returns
-6.8%
NasdaqCM:OCCI
8.3%
US Capital Markets
12.8%
US Market
OCCI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OFS Credit Company (OCCI) -0.6% -4.7% 0.1% -6.8% - -
US Capital Markets 1.1% 6.4% 9.2% 8.3% 33.8% 58.5%
US Market 0.5% 4.3% 8% 12.8% 38.7% 44.5%
1 Year Return vs Industry and Market
  • OCCI underperformed the Capital Markets industry which returned 8.3% over the past year.
  • OCCI underperformed the Market in United States of America which returned 12.8% over the past year.

Value

 Is OFS Credit Company undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of OFS Credit Company to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for OFS Credit Company.

NasdaqCM:OCCI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $20.11 * 6.8%
$1.37
Book Value of Equity per Share Median Book Value from the past 5 years. $20.11
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:OCCI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.753 (1 + (1- 21%) (0%))
1.094
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.094 * 5.96%)
9.25%

Discounted Cash Flow Calculation for NasdaqCM:OCCI using Excess Returns Model Model

The calculations below outline how an intrinsic value for OFS Credit Company is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:OCCI Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (6.8% – 9.25%) * $20.11)
$-0.49
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.49 / (9.25% - 2.73%)
$-7.49
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $20.11 + $-7.49
$12.62
NasdaqCM:OCCI Discount to Share Price
Calculation Result
Value per share (USD) From above. $12.62
Current discount Discount to share price of $16.60
= -1 x ($16.60 - $12.62) / $12.62
-31.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of OFS Credit Company is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for OFS Credit Company's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OFS Credit Company's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:OCCI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in USD Not available
NasdaqCM:OCCI Share Price ** NasdaqCM (2019-11-13) in USD $16.6
United States of America Capital Markets Industry PE Ratio Median Figure of 81 Publicly-Listed Capital Markets Companies 39.51x
United States of America Market PE Ratio Median Figure of 2,922 Publicly-Listed Companies 18.24x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of OFS Credit Company.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for OFS Credit Company, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does OFS Credit Company's expected growth come at a high price?
Raw Data
NasdaqCM:OCCI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 37 Publicly-Listed Capital Markets Companies 1.94x
United States of America Market PEG Ratio Median Figure of 2,023 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for OFS Credit Company, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on OFS Credit Company's assets?
Raw Data
NasdaqCM:OCCI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in USD Not available
NasdaqCM:OCCI Share Price * NasdaqCM (2019-11-13) in USD $16.6
United States of America Capital Markets Industry PB Ratio Median Figure of 153 Publicly-Listed Capital Markets Companies 6.6x
United States of America Market PB Ratio Median Figure of 5,070 Publicly-Listed Companies 1.73x
NasdaqCM:OCCI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:OCCI Share Price ÷ Book Value per Share (both in USD)

= 16.6 ÷ 20.11

0.83x

* Primary Listing of OFS Credit Company.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OFS Credit Company is good value based on assets compared to the US Capital Markets industry average.
X
Value checks
We assess OFS Credit Company's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. OFS Credit Company has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is OFS Credit Company expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.1%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OFS Credit Company expected to grow at an attractive rate?
  • Unable to compare OFS Credit Company's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare OFS Credit Company's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare OFS Credit Company's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:OCCI Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.1%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:OCCI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:OCCI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-11-14
2019-10-31 9 4 1
NasdaqCM:OCCI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-10-31 4 -493 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if OFS Credit Company is high growth as no earnings estimate data is available.
  • Unable to determine if OFS Credit Company is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:OCCI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from OFS Credit Company Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:OCCI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-11-14
2019-10-31 1.71 1.71 1.71 1.00
NasdaqCM:OCCI Past Financials Data
Date (Data in USD Millions) EPS *
2018-10-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if OFS Credit Company will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess OFS Credit Company's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OFS Credit Company has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has OFS Credit Company performed over the past 5 years?

  • OFS Credit Company's last earnings update was 329 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare OFS Credit Company's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unable to establish if OFS Credit Company's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare OFS Credit Company's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • OFS Credit Company has been loss making too recently or no data is available, we can't compare it to the US Capital Markets industry average.
Earnings and Revenue History
OFS Credit Company's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from OFS Credit Company Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:OCCI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 4.21 3.44 1.61

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • OFS Credit Company has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • OFS Credit Company used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.
  • Unable to establish if OFS Credit Company improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess OFS Credit Company's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
OFS Credit Company has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is OFS Credit Company's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up OFS Credit Company's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OFS Credit Company is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OFS Credit Company has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OFS Credit Company's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • OFS Credit Company has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from OFS Credit Company Company Filings, last reported 1 year ago.

NasdaqCM:OCCI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 50.39 0.00 9.06
  • OFS Credit Company has no debt.
  • OFS Credit Company has not taken on any debt in the past 5 years.
  • OFS Credit Company has no debt, it does not need to be covered by operating cash flow.
  • OFS Credit Company has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess OFS Credit Company's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. OFS Credit Company has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is OFS Credit Company's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
12.29%
Current annual income from OFS Credit Company dividends.
If you bought $2,000 of OFS Credit Company shares you are expected to receive $246 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • OFS Credit Company's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • OFS Credit Company's dividend is above the markets top 25% of dividend payers in United States of America (3.67%).
Upcoming dividend payment

Purchase OFS Credit Company before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:OCCI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1948 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:OCCI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-11-14
2019-10-31 2.00 1.00
NasdaqCM:OCCI Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-10-10 2.040 12.071
2019-08-05 2.004 11.820
2019-04-12 2.004 11.218
2019-02-11 2.004 11.531
2018-12-20 2.004 12.621

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether OFS Credit Company has stable dividend payments.
  • OFS Credit Company only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of OFS Credit Company's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as OFS Credit Company has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess OFS Credit Company's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OFS Credit Company afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OFS Credit Company has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of OFS Credit Company's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bilal Rashid
COMPENSATION $0
AGE 48
TENURE AS CEO 2.8 years
CEO Bio

Mr. Bilal Rashid serves as President, Chief Executive Officer since 2017 and Chairman at OFS Credit Company, Inc since 2018. He serves as the Chief Executive Officer and President at OFS Capital Management, LLC. Mr. Rashid is responsible for the strategic initiatives and capital markets related activities of OFS Management. Prior to joining the firm in 2008, Mr. Rashid was a Managing Director in the Global Markets & Investment Banking (GMI) division at Merrill Lynch. Over the years, he has advised and arranged financing for commercial finance companies including Business Development Companies (BDCs), banks and asset management companies including hedge funds and private equity firms. Before joining Merrill Lynch, he was a Vice President at Natixis Capital Markets from 2003 to 2005. Mr. Rashid joined Natixis as part of a large team move from CIBC World Markets. Prior to that, he worked as a Financial Analyst at Lehman Brothers from 1993 to 1995 and as an Investment Analyst in the project finance area at the International Finance Corporation (IFC), which is part of the World Bank from 1995 to 1997. He served as a Director of CIBC World Markets from 1999 to 2003. Mr. Rashid has experience in investment banking, debt capital markets and investing as it relates to corporate credit, structured credit and securitization. Mr. Rashid holds an MBA from Columbia University in 1999 and a BS in Electrical Engineering from Carnegie Mellon University in 1993.

CEO Compensation
  • Insufficient data for Bilal to compare compensation growth.
  • Insufficient data for Bilal to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the OFS Credit Company management team in years:

2.8
Average Tenure
55
Average Age
  • The tenure for the OFS Credit Company management team is about average.
Management Team

Bilal Rashid

TITLE
Chairman
AGE
48
TENURE
2.8 yrs

Jeff Cerny

TITLE
CFO, Treasurer & Director
AGE
56
TENURE
2.8 yrs

Jeffery Owen

TITLE
Chief Accounting Officer
AGE
55
TENURE
2.8 yrs

Steve Altebrando

TITLE
Investor Relations

Mukya Porter

TITLE
Chief Compliance Officer
AGE
45
TENURE
2.8 yrs

Tod Reichert

TITLE
Corporate Secretary
AGE
57
TENURE
2.8 yrs
Board of Directors Tenure

Average tenure and age of the OFS Credit Company board of directors in years:

1.8
Average Tenure
56
Average Age
  • The average tenure for the OFS Credit Company board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bilal Rashid

TITLE
Chairman
AGE
48
TENURE
1.8 yrs

Jeff Cerny

TITLE
CFO, Treasurer & Director
AGE
56
TENURE
2.8 yrs

Romita Shetty

TITLE
Independent Director
COMPENSATION
$4K
AGE
53
TENURE
1.8 yrs

Kathy Griggs

TITLE
Lead Director
COMPENSATION
$4K
AGE
64

Robert Cresci

TITLE
Independent Director
AGE
75
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess OFS Credit Company's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. OFS Credit Company has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

OFS Credit Company, Inc. is a fund of OFS Advisor.

Details
Name: OFS Credit Company, Inc.
OCCI
Exchange: NasdaqCM
Founded: 2017
$50,815,505
3,061,175
Website: http://www.ofscreditcompany.com
Address: OFS Credit Company, Inc.
10 South Wacker Drive,
Suite 2500,
Chicago,
Illinois, 60606,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM OCCI Common Shares Nasdaq Capital Market US USD 05. Oct 2018
DB 1XK Common Shares Deutsche Boerse AG DE EUR 05. Oct 2018
NasdaqCM OCCI.P 6.875% PFD A Nasdaq Capital Market US USD 21. Mar 2019
Number of employees
Current staff
Staff numbers
0
OFS Credit Company employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 01:02
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2019/09/16
Last earnings filing: 2018/12/20
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.