Optical Net Working Capital from 2010 to 2026

OCC Stock  EUR 4.06  0.08  2.01%   
Optical Cable's Net Working Capital is decreasing over the last several years with slightly volatile swings. Net Working Capital is estimated to finish at about 15.6 M this year. During the period from 2010 to 2026 Optical Cable Net Working Capital regressed destribution of quarterly values had coefficient of variationof  19.51 and r-value of (0.77). View All Fundamentals
 
Net Working Capital  
First Reported
2020-01-31
Previous Quarter
13.7 M
Current Value
13.9 M
Quarterly Volatility
4.7 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 Working Capital 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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Optical Cable over the last few years. It is Optical Cable's Net Working Capital 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Optical Net Working Capital Regression Statistics

Arithmetic Mean20,039,478
Geometric Mean19,637,183
Coefficient Of Variation19.51
Mean Deviation3,421,314
Median22,906,501
Standard Deviation3,909,639
Sample Variance15.3T
Range11.5M
R-Value(0.77)
Mean Square Error6.6T
R-Squared0.60
Significance0.0003
Slope(598,376)
Total Sum of Squares244.6T

Optical Net Working Capital History

202615.6 M
202512.5 M
202413.9 M
202315.5 M
202218.9 M
202123.7 M
202021.4 M

About Optical Cable Financial Statements

Optical Cable stakeholders use historical fundamental indicators, such as Optical Cable's Net Working Capital, 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 Working Capital12.5 M15.6 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.