Coda Debt To Equity from 2010 to 2024

CODA Stock  USD 9.32  0.15  1.58%   
Coda Octopus' Debt To Equity is decreasing over the years with slightly volatile fluctuation. Debt To Equity is expected to dwindle to 0. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.001781
Current Value
0.001692
Quarterly Volatility
5.1595437
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Coda Octopus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coda Octopus' main balance sheet or income statement drivers, such as Depreciation And Amortization of 537.6 K, Interest Expense of 0.0 or Selling General Administrative of 5.9 M, as well as many indicators such as Price To Sales Ratio of 3.59, Dividend Yield of 0.0122 or PTB Ratio of 1.66. Coda financial statements analysis is a perfect complement when working with Coda Octopus Valuation or Volatility modules.
  
Check out the analysis of Coda Octopus Correlation against competitors.

Latest Coda Octopus' Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Coda Octopus Group over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Coda Octopus' Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Coda Octopus' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Coda Debt To Equity Regression Statistics

Arithmetic Mean2.22
Coefficient Of Variation232.23
Mean Deviation3.42
Median0.03
Standard Deviation5.16
Sample Variance26.62
Range21.6023
R-Value(0.49)
Mean Square Error21.87
R-Squared0.24
Significance0.07
Slope(0.56)
Total Sum of Squares372.69

Coda Debt To Equity History

2024 0.001692
2023 0.001781
2020 0.001548
2019 0.0167
2018 0.0346
2017 0.083
2016 0.6

About Coda Octopus Financial Statements

Coda Octopus stakeholders use historical fundamental indicators, such as Coda Octopus' Debt To Equity, to determine how well the company is positioned to perform in the future. Although Coda Octopus investors may analyze each financial statement separately, they are all interrelated. For example, changes in Coda Octopus' assets and liabilities are reflected in the revenues and expenses on Coda Octopus' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Coda Octopus Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Coda Octopus Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coda Octopus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coda Octopus Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coda Octopus Group Stock:
Check out the analysis of Coda Octopus Correlation against competitors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coda Octopus. If investors know Coda will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coda Octopus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.222
Earnings Share
0.26
Revenue Per Share
1.678
Quarterly Revenue Growth
0.12
Return On Assets
0.0344
The market value of Coda Octopus Group is measured differently than its book value, which is the value of Coda that is recorded on the company's balance sheet. Investors also form their own opinion of Coda Octopus' value that differs from its market value or its book value, called intrinsic value, which is Coda Octopus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coda Octopus' market value can be influenced by many factors that don't directly affect Coda Octopus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coda Octopus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Coda Octopus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coda Octopus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.