OppFi Other Current Assets from 2010 to 2024

OPFI Stock  USD 7.85  0.24  3.15%   
OppFi's Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are predicted to flatten to about 33.6 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
42.2 M
Current Value
33.6 M
Quarterly Volatility
8.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OppFi financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OppFi's main balance sheet or income statement drivers, such as Interest Expense of 28.6 M, Selling General Administrative of 48.3 M or Total Revenue of 356.9 M, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.12 or PTB Ratio of 8.44. OppFi financial statements analysis is a perfect complement when working with OppFi Valuation or Volatility modules.
  
Check out the analysis of OppFi Correlation against competitors.

Latest OppFi's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of OppFi Inc over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. OppFi's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OppFi's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

OppFi Other Current Assets Regression Statistics

Arithmetic Mean23,931,794
Geometric Mean22,862,838
Coefficient Of Variation34.33
Mean Deviation6,839,038
Median19,190,095
Standard Deviation8,214,698
Sample Variance67.5T
Range23M
R-Value0.75
Mean Square Error31.4T
R-Squared0.57
Significance0
Slope1,384,098
Total Sum of Squares944.7T

OppFi Other Current Assets History

202433.6 M
202342.2 M
202234 M
202137.3 M
202020.1 M

About OppFi Financial Statements

Investors use fundamental indicators, such as OppFi's Other Current Assets, to determine how well the company is positioned to perform in the future. Although OppFi's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Assets42.2 M33.6 M

Currently Active Assets on Macroaxis

When determining whether OppFi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OppFi'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 Oppfi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oppfi Inc Stock:
Check out the analysis of OppFi Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Asset Management & Custody Banks 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 OppFi. If investors know OppFi 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 OppFi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.631
Earnings Share
0.353
Revenue Per Share
13.499
Quarterly Revenue Growth
0.256
Return On Assets
0.1177
The market value of OppFi Inc is measured differently than its book value, which is the value of OppFi that is recorded on the company's balance sheet. Investors also form their own opinion of OppFi's value that differs from its market value or its book value, called intrinsic value, which is OppFi'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 OppFi's market value can be influenced by many factors that don't directly affect OppFi'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 OppFi's value and its price as these two are different measures arrived at by different means. Investors typically determine if OppFi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OppFi'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.