XAI Octagon Floating Rate & Alternative Income Term Trust

Company Profile

XAI Octagon Floating Rate & Alternative Income Term Trust had its IPO on under the ticker symbol XFLT-PA.

The company operates in the sector and industry. XAI Octagon Floating Rate & Alternative Income Term Trust has a staff strength of 0 employees.

Stock update

Shares of XAI Octagon Floating Rate & Alternative Income Term Trust opened at $24.77 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $24.77 - $24.77, and closed at $24.77.

This is a 0% increase from the previous day's closing price.

A total volume of 11 shares were traded at the close of the day’s session.

In the last one week, shares of XAI Octagon Floating Rate & Alternative Income Term Trust have increased by +0.61%.

XAI Octagon Floating Rate & Alternative Income Term Trust's Key Ratios

XAI Octagon Floating Rate & Alternative Income Term Trust has a market cap of $0, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months XAI Octagon Floating Rate & Alternative Income Term Trust’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures XAI Octagon Floating Rate & Alternative Income Term Trust's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, XAI Octagon Floating Rate & Alternative Income Term Trust’s operating margin was 0% while its return on assets stood at 0% with a return of equity of 0%.

In Q3, XAI Octagon Floating Rate & Alternative Income Term Trust’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

XAI Octagon Floating Rate & Alternative Income Term Trust’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $0 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into XAI Octagon Floating Rate & Alternative Income Term Trust’s profitability.

XAI Octagon Floating Rate & Alternative Income Term Trust stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

XAI Octagon Floating Rate & Alternative Income Term Trust stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$411.89 million

Total Liabilities

$10.79 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

XAI Octagon Floating Rate & Alternative Income Term Trust ended 2024 with $411.89 million in total assets and $0 in total liabilities. Its intangible assets were valued at $411.89 million while shareholder equity stood at $235.44 million.

XAI Octagon Floating Rate & Alternative Income Term Trust ended 2024 with $0 in deferred long-term liabilities, $10.79 million in other current liabilities, 300542645.00 in common stock, $-65099523.00 in retained earnings and $0 in goodwill. Its cash balance stood at $5.04 million and cash and short-term investments were $5.04 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

XAI Octagon Floating Rate & Alternative Income Term Trust’s total current assets stands at $15.40 million while long-term investments were $396.17 million and short-term investments were $0. Its net receivables were $10.36 million compared to accounts payable of $10.79 million and inventory worth $0.

In 2024, XAI Octagon Floating Rate & Alternative Income Term Trust's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, XAI Octagon Floating Rate & Alternative Income Term Trust paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$24.77

52-Week High

$25

52-Week Low

$23.351

Analyst Target Price

$

XAI Octagon Floating Rate & Alternative Income Term Trust stock is currently trading at $24.77 per share. It touched a 52-week high of $25 and a 52-week low of $25. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $24.77 and 200-day moving average was $24.37 The short ratio stood at 0.34 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 3479.1% are held by institutions.