Optical Common Stock Total Equity from 2010 to 2024

OCC Stock  USD 2.30  0.09  3.77%   
Optical Cable's Common Stock Total Equity is increasing over the years with slightly volatile fluctuation. Common Stock Total Equity is expected to dwindle to about 8.4 M. Common Stock Total Equity is the total value of common stock equity held by shareholders, representing their ownership interest in the company. View All Fundamentals
 
Common Stock Total Equity  
First Reported
1999-07-31
Previous Quarter
14.2 M
Current Value
14.8 M
Quarterly Volatility
4.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Depreciation And Amortization of 844.9 K, Interest Expense of 1.1 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0133 or PTB Ratio of 0.94. Optical financial statements analysis is a perfect complement when working with Optical Cable Valuation or Volatility modules.
  
Check out the analysis of Optical Cable Correlation against competitors.
For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.

Latest Optical Cable's Common Stock Total Equity Growth Pattern

Below is the plot of the Common Stock Total Equity of Optical Cable over the last few years. It is the total value of common stock equity held by shareholders, representing their ownership interest in the company. Optical Cable's Common Stock Total Equity 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.
Common Stock Total Equity10 Years Trend
Slightly volatile
   Common Stock Total Equity   
       Timeline  

Optical Common Stock Total Equity Regression Statistics

Arithmetic Mean11,446,879
Geometric Mean10,901,425
Coefficient Of Variation28.31
Mean Deviation2,662,325
Median11,762,021
Standard Deviation3,240,863
Sample Variance10.5T
Range12M
R-Value0.70
Mean Square Error5.8T
R-Squared0.49
Significance0
Slope505,902
Total Sum of Squares147T

Optical Common Stock Total Equity History

20248.4 M
202316.1 M
201914 M
201813.9 M
201713.8 M
201611.8 M
201511.1 M

About Optical Cable Financial Statements

Optical Cable stakeholders use historical fundamental indicators, such as Optical Cable's Common Stock Total Equity, 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
Common Stock Total Equity16.1 M8.4 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Optical Cable. If investors know Optical will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.75)
Revenue Per Share
8.284
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.08)
Return On Equity
(0.25)
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.