Optical Total Assets from 2010 to 2026

OCC Stock  EUR 4.06  0.08  2.01%   
Optical Cable's Total Assets are decreasing over the last several years with slightly volatile swings. Total Assets are predicted to flatten to about 33.2 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2017-01-31
Previous Quarter
40.2 M
Current Value
40.1 M
Quarterly Volatility
3.3 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 Total 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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Optical Cable over the last few years. Total assets refers to the total amount of Optical Cable assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Optical Cable books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Optical Cable's Total 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.
ViewLast Reported 40.06 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Optical Total Assets Regression Statistics

Arithmetic Mean42,223,741
Geometric Mean41,915,754
Coefficient Of Variation12.53
Mean Deviation4,305,229
Median40,558,000
Standard Deviation5,288,644
Sample Variance28T
Range16.8M
R-Value(0.83)
Mean Square Error9.1T
R-Squared0.70
Significance0.000031
Slope(873,948)
Total Sum of Squares447.5T

Optical Total Assets History

202633.2 M
202536.1 M
202440.1 M
202340.4 M
202243.9 M
202140.6 M
202037.9 M

About Optical Cable Financial Statements

Optical Cable stakeholders use historical fundamental indicators, such as Optical Cable's Total 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
Total Assets36.1 M33.2 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market 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.