公司概述
Oxbridge Re Holdings Limited operates as a specialized provider of property and casualty reinsurance solutions, primarily underwriting collateralized reinsurance contracts for insurance companies situated in the Gulf Coast region of the United States. The company functions within the Financial Services sector, specifically targeting the Insurance - Reinsurance industry, a niche that involves assuming risk in exchange for premiums while managing exposure through collateralization. Its operational scale is defined by a market capitalization of $6.13 million, an annual revenue of $2.58 million, and a lean workforce of 4 employees. These valuation and revenue figures indicate that Oxbridge Re Holdings Limited is a micro-cap entity with a highly focused business model, suggesting that its financial performance is heavily concentrated in a specific geographic and product niche rather than broad market diversification.
财务健康
The company reported a trailing twelve-month revenue of $2.58 million against a net income of $-2,079,000, while EBITDA stood at $-3,462,000; the significant gap between positive revenue and substantial negative net income reveals a cost structure where operating expenses and claims payments far exceed premium income. Free cash flow for the period was $-4,596,375, indicating a cash-burning operation that currently lacks the financial flexibility to fund internal growth or weather prolonged periods without external capital injections. All three key profitability margins reflect this operational pressure, with a gross margin of -16.2%, an operating margin of -80.7%, and a profit margin of -80.7%, collectively signaling that for every dollar of revenue generated, the company incurs significantly higher costs. The balance sheet presents a leveraged position with total debt of $679,000 compared to liquid cash of $268,000, resulting in a debt-to-equity ratio of 11.36 which suggests high leverage relative to shareholder equity. Despite the debt load, the current ratio of 5.67 indicates strong short-term liquidity, as current assets are more than five times the value of current liabilities, providing a buffer against immediate obligations. Return on Equity stands at -41.2% and Return on Assets is -27.9%, metrics that reveal management has yet to generate returns sufficient to cover the cost of capital or operational overheads during this reporting period.
估值评估
Valuation metrics for Oxbridge Re Holdings Limited present anomalies typical of non-profitable entities, with a trailing P/E ratio listed as N/A and a forward P/E of -37.82, implying that the market expects earnings to turn positive in the future to justify current pricing. The price-to-book ratio is 0.98, indicating that the market values the company at slightly less than its book value, suggesting a lack of market premium over the net asset value recorded on the balance sheet. Alternative valuation measures include a price-to-sales ratio of 2.38 and an EV/EBITDA of -1.84, which suggest the stock is priced based on revenue multiples rather than earnings power due to the absence of current profitability. The stock trades within a range defined by a 52-week high of $2.86 and a 52-week low of $0.70, meaning the current price sits at a level that reflects significant volatility relative to its trading history. With a beta of 2.22, the security exhibits high price volatility, moving more than twice as much as the broader market, which underscores the elevated risk profile associated with small-cap reinsurance stocks.
Growth & Income
Revenue growth year-over-year accelerated to 36.5%, yet earnings growth is listed as N/A due to the company's persistent net losses, implying that top-line expansion has not yet translated into bottom-line profitability. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, meaning it currently reinvests all available resources into operations rather than distributing cash to shareholders. The overall growth and income profile is characterized by rapid revenue expansion coupled with deep losses and no current income distribution, highlighting a stage of business development where capital retention is prioritized over shareholder returns.