Opera Income Quality from 2010 to 2024

OPRA Stock  USD 20.19  0.89  4.61%   
Opera's Income Quality is increasing over the years with stable fluctuation. Income Quality is expected to dwindle to 0.34. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
0.53418705
Current Value
0.34
Quarterly Volatility
0.92233445
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Opera financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opera's main balance sheet or income statement drivers, such as Tax Provision of 3.3 M, Interest Income of 7.2 M or Interest Expense of 350.6 K, as well as many indicators such as Price To Sales Ratio of 2.82, Dividend Yield of 0.0157 or PTB Ratio of 1.43. Opera financial statements analysis is a perfect complement when working with Opera Valuation or Volatility modules.
  
Check out the analysis of Opera Correlation against competitors.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.

Latest Opera's Income Quality Growth Pattern

Below is the plot of the Income Quality of Opera over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Opera's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Opera's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Pretty Stable
   Income Quality   
       Timeline  

Opera Income Quality Regression Statistics

Arithmetic Mean0.22
Coefficient Of Variation422.58
Mean Deviation0.65
Median(0.08)
Standard Deviation0.92
Sample Variance0.85
Range4.0363
R-Value0.25
Mean Square Error0.86
R-Squared0.06
Significance0.38
Slope0.05
Total Sum of Squares11.91

Opera Income Quality History

2024 0.34
2022 2.37
2021 -1.66
2020 0.53
2019 -0.65
2018 0.81
2017 1.55

About Opera Financial Statements

Opera stakeholders use historical fundamental indicators, such as Opera's Income Quality, to determine how well the company is positioned to perform in the future. Although Opera investors may analyze each financial statement separately, they are all interrelated. For example, changes in Opera's assets and liabilities are reflected in the revenues and expenses on Opera'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 Opera. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality 0.53  0.34 

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 Opera offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opera'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 Opera Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opera Stock:
Check out the analysis of Opera Correlation against competitors.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Application Software 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 Opera. If investors know Opera 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 Opera 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
0.111
Dividend Share
0.8
Earnings Share
1.8
Revenue Per Share
5.073
Quarterly Revenue Growth
0.2
The market value of Opera is measured differently than its book value, which is the value of Opera that is recorded on the company's balance sheet. Investors also form their own opinion of Opera's value that differs from its market value or its book value, called intrinsic value, which is Opera'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 Opera's market value can be influenced by many factors that don't directly affect Opera'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 Opera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opera'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.