Optical Total Current Assets from 2010 to 2026

OCC Stock  EUR 3.98  0.08  1.97%   
Optical Cable's Total Current Assets are decreasing over the last several years with stable swings. Total Current Assets are predicted to flatten to about 32.9 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
2017-01-31
Previous Quarter
30.7 M
Current Value
30.8 M
Quarterly Volatility
3.4 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 Current 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 Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Optical Cable 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. Optical Cable's Total Current 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.
Total Current Assets10 Years Trend
Pretty Stable
   Total Current Assets   
       Timeline  

Optical Total Current Assets Regression Statistics

Arithmetic Mean31,367,579
Geometric Mean31,175,391
Coefficient Of Variation11.29
Mean Deviation2,968,878
Median31,047,030
Standard Deviation3,541,877
Sample Variance12.5T
Range10.1M
R-Value(0.13)
Mean Square Error13.1T
R-Squared0.02
Significance0.61
Slope(93,447)
Total Sum of Squares200.7T

Optical Total Current Assets History

202632.9 M
202535.4 M
202430.8 M
202330.6 M
202235 M
202131.2 M
202027.6 M

About Optical Cable Financial Statements

Optical Cable stakeholders use historical fundamental indicators, such as Optical Cable's Total Current 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 Current Assets35.4 M32.9 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.