Ocean Cash And Short Term Investments from 2010 to 2024

OCEA Stock   0.71  0.02  3.32%   
Ocean Biomedical's Cash And Short Term Investments are increasing over the years with slightly volatile fluctuation. Cash And Short Term Investments are expected to dwindle to about 213.6 K. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
377.6 K
Current Value
213.6 K
Quarterly Volatility
106.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ocean Biomedical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Biomedical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Selling General Administrative of 34.3 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 3.44. Ocean financial statements analysis is a perfect complement when working with Ocean Biomedical Valuation or Volatility modules.
  
Check out the analysis of Ocean Biomedical Correlation against competitors.
For information on how to trade Ocean Stock refer to our How to Trade Ocean Stock guide.

Latest Ocean Biomedical's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Ocean Biomedical over the last few years. Short Term Investments is an account in the current assets section of Ocean Biomedical balance sheet. This account contains Ocean Biomedical investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ocean Biomedical fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Ocean Biomedical's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ocean Biomedical's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Ocean Cash And Short Term Investments Regression Statistics

Arithmetic Mean109,295
Geometric Mean82,675
Coefficient Of Variation97.80
Mean Deviation78,872
Median60,000
Standard Deviation106,891
Sample Variance11.4B
Range317.6K
R-Value0.65
Mean Square Error7.2B
R-Squared0.42
Significance0.01
Slope15,435
Total Sum of Squares160B

Ocean Cash And Short Term Investments History

2024213.6 K
2023377.6 K
2022328.3 K

About Ocean Biomedical Financial Statements

Ocean Biomedical stakeholders use historical fundamental indicators, such as Ocean Biomedical's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Ocean Biomedical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ocean Biomedical's assets and liabilities are reflected in the revenues and expenses on Ocean Biomedical'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 Ocean Biomedical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments377.6 K213.6 K

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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 Ocean Biomedical is a strong investment it is important to analyze Ocean Biomedical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ocean Biomedical's future performance. For an informed investment choice regarding Ocean Stock, refer to the following important reports:
Check out the analysis of Ocean Biomedical Correlation against competitors.
For information on how to trade Ocean Stock refer to our How to Trade Ocean Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Biotechnology 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 Ocean Biomedical. If investors know Ocean 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 Ocean Biomedical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.00)
Return On Assets
(6.82)
The market value of Ocean Biomedical is measured differently than its book value, which is the value of Ocean that is recorded on the company's balance sheet. Investors also form their own opinion of Ocean Biomedical's value that differs from its market value or its book value, called intrinsic value, which is Ocean Biomedical'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 Ocean Biomedical's market value can be influenced by many factors that don't directly affect Ocean Biomedical'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 Ocean Biomedical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocean Biomedical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocean Biomedical'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.