Opus Total Current Assets from 2010 to 2026

IRD Stock   3.29  0.20  5.73%   
Opus Genetics' Total Current Assets are increasing over the years with slightly volatile fluctuation. Total Current Assets are expected to dwindle to about 33.9 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2020-12-31
Previous Quarter
38.4 M
Current Value
35.9 M
Quarterly Volatility
14.1 M
 
Covid
 
Interest Hikes
Check Opus Genetics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opus Genetics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.4 K, Interest Expense of 0.0 or Selling General Administrative of 22 M, as well as many indicators such as Price To Sales Ratio of 3.16, Dividend Yield of 0.0 or PTB Ratio of 4.47. Opus financial statements analysis is a perfect complement when working with Opus Genetics Valuation or Volatility modules.
  
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Check out the analysis of Opus Genetics Correlation against competitors.
For information on how to trade Opus Stock refer to our How to Trade Opus Stock guide.
Analyzing Opus Genetics's Total Current Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Total Current Assets has evolved provides context for assessing Opus Genetics's current valuation and future prospects.

Latest Opus Genetics' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Opus Genetics over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Opus Genetics' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Opus Genetics' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Opus Total Current Assets Regression Statistics

Arithmetic Mean16,289,687
Geometric Mean6,028,691
Coefficient Of Variation119.72
Mean Deviation17,091,397
Median1,762,000
Standard Deviation19,502,196
Sample Variance380.3T
Range52.2M
R-Value0.83
Mean Square Error128.1T
R-Squared0.68
Significance0.000042
Slope3,194,399
Total Sum of Squares6085.4T

Opus Total Current Assets History

202633.9 M
202542.1 M
202436.6 M
202353.9 M
202249 M
202126.1 M
202017.7 M

About Opus Genetics Financial Statements

Opus Genetics stakeholders use historical fundamental indicators, such as Opus Genetics' Total Current Assets, to determine how well the company is positioned to perform in the future. Although Opus Genetics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Opus Genetics' assets and liabilities are reflected in the revenues and expenses on Opus Genetics' 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 Opus Genetics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets42.1 M33.9 M

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When determining whether Opus Genetics is a strong investment it is important to analyze Opus Genetics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Opus Genetics' future performance. For an informed investment choice regarding Opus Stock, refer to the following important reports:
Check out the analysis of Opus Genetics Correlation against competitors.
For information on how to trade Opus Stock refer to our How to Trade Opus Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Will Pharmaceuticals sector continue expanding? Could Opus diversify its offerings? Factors like these will boost the valuation of Opus Genetics. Market participants price Opus higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Opus Genetics data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(1.86)
Revenue Per Share
0.295
Quarterly Revenue Growth
(0.20)
Return On Assets
(0.61)
Return On Equity
(3.39)
Understanding Opus Genetics requires distinguishing between market price and book value, where the latter reflects Opus's accounting equity. The concept of intrinsic value - what Opus Genetics' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Opus Genetics' price substantially above or below its fundamental value.
Please note, there is a significant difference between Opus Genetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Opus Genetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Opus Genetics' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.