XAI Octagon Floating Rate & Alternative Income Term Trust

Company Profile

XAI Octagon Floating Rate & Alternative Income Term Trust had its IPO on 2017-09-27 under the ticker symbol XFLT.

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 $6.44 at the start of the last trading session i.e. 2023-03-31.

The stocks traded within a range of $6.4 - $6.53, and closed at $6.43.

This is a -0.54% slip from the previous day's closing price.

A total volume of 137,952 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 +3.46%.

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

XAI Octagon Floating Rate & Alternative Income Term Trust has a market cap of $229.13 million, indicating a price to book ratio of 1.0368 and a price to sales ratio of 26.7207.

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 Q4, 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 $-1.11 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 26.7207.

XAI Octagon Floating Rate & Alternative Income Term Trust stock pays annual dividends of $0 per share, indicating a yield of 13.56% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$404.98 million

Total Liabilities

$0

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

XAI Octagon Floating Rate & Alternative Income Term Trust ended 2023 with $404.98 million in total assets and $0 in total liabilities. Its intangible assets were valued at $404.98 million while shareholder equity stood at $226.80 million.

XAI Octagon Floating Rate & Alternative Income Term Trust ended 2023 with $0 in deferred long-term liabilities, $0 in other current liabilities, in common stock, $-62396274.00 in retained earnings and $0 in goodwill. Its cash balance stood at $1.13 million and cash and short-term investments were $0. 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 $0 while long-term investments were $389.56 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $15.50 million and inventory worth $0.

In 2023, 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 2023.

Other key metrics

Current Trading Price

$6.43

52-Week High

$7.6565

52-Week Low

$5.5192

Analyst Target Price

$

XAI Octagon Floating Rate & Alternative Income Term Trust stock is currently trading at $6.43 per share. It touched a 52-week high of $7.6565 and a 52-week low of $7.6565. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $6.6 and 200-day moving average was $6.36 The short ratio stood at 0.3 indicating a short percent outstanding of 0%.

Around 297.5% of the company’s stock are held by insiders while 639.8% are held by institutions.