Coda Net Working Capital from 2010 to 2024

CODA Stock  USD 9.02  0.36  3.84%   
Coda Octopus' Net Working Capital is increasing over the years with slightly volatile fluctuation. Net Working Capital is expected to dwindle to about 27.3 M. From 2010 to 2024 Coda Octopus Net Working Capital quarterly data regression line had arithmetic mean of  20,753,474 and r-squared of  0.77. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
43.3 M
Current Value
27.3 M
Quarterly Volatility
11.3 M
 
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' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Coda Octopus Group over the last few years. It is Coda Octopus' Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Coda Net Working Capital Regression Statistics

Arithmetic Mean20,753,474
Geometric Mean18,141,392
Coefficient Of Variation54.67
Mean Deviation9,755,184
Median14,881,096
Standard Deviation11,345,888
Sample Variance128.7T
Range32.1M
R-Value0.88
Mean Square Error31.4T
R-Squared0.77
Significance0.000016
Slope2,230,950
Total Sum of Squares1802.2T

Coda Net Working Capital History

202427.3 M
202343.3 M
202237.6 M
202133.5 M
202031.3 M
201924.3 M
201821.1 M

About Coda Octopus Financial Statements

Coda Octopus stakeholders use historical fundamental indicators, such as Coda Octopus' Net Working Capital, 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
Net Working Capital43.3 M27.3 M

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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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.