Optical Net Tangible Assets from 2010 to 2026

OCC Stock  EUR 3.98  0.08  1.97%   
Optical Cable's Net Tangible Assets are decreasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 18.5 M. Net Tangible Assets is the total assets of Optical Cable minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2017-01-31
Previous Quarter
25 M
Current Value
25.3 M
Quarterly Volatility
3.6 M
 
Covid
 
Interest Hikes
Check Optical Cable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optical Cable's main balance sheet or income statement drivers, such as Interest Expense of 594.2 K, Selling General Administrative of 17.8 M or Total Revenue of 56 M, as well as many indicators such as . Optical financial statements analysis is a perfect complement when working with Optical Cable Valuation or Volatility modules.
  
This module can also supplement various Optical Cable Technical models . Check out the analysis of Optical Cable Correlation against competitors.
For more detail on how to invest in Optical Stock please use our How to Invest in Optical Cable guide.
The Net Tangible Assets trend for Optical Cable offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Optical Cable is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Optical Cable's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Optical Cable over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Optical Cable's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Optical Cable's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Optical Net Tangible Assets Regression Statistics

Arithmetic Mean23,683,458
Geometric Mean23,227,029
Coefficient Of Variation20.10
Mean Deviation3,877,647
Median21,559,093
Standard Deviation4,759,898
Sample Variance22.7T
Range16M
R-Value(0.82)
Mean Square Error8T
R-Squared0.67
Significance0.000059
Slope(771,359)
Total Sum of Squares362.5T

Optical Net Tangible Assets History

202618.5 M
202519.4 M
202121.5 M
202021.6 M
201914.6 M
201820.6 M
201726.2 M

About Optical Cable Financial Statements

Optical Cable stakeholders use historical fundamental indicators, such as Optical Cable's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Optical Cable investors may analyze each financial statement separately, they are all interrelated. For example, changes in Optical Cable's assets and liabilities are reflected in the revenues and expenses on Optical Cable's 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 Optical Cable. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets19.4 M18.5 M

Currently Active Assets on Macroaxis

When determining whether Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable's 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 Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock:
Check out the analysis of Optical Cable Correlation against competitors.
For more detail on how to invest in Optical Stock please use our How to Invest in Optical Cable guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
It's important to distinguish between Optical Cable's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Optical Cable should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Optical Cable's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.