Ocean Cost Of Revenue from 2010 to 2024

OPTT Stock  USD 0.18  0.02  12.50%   
Ocean Power Cost Of Revenue yearly trend continues to be comparatively stable with very little volatility. Cost Of Revenue will likely drop to about 2.6 M in 2024. From the period from 2010 to 2024, Ocean Power Cost Of Revenue quarterly data regression had r-value of (0.29) and coefficient of variation of  59.81. View All Fundamentals
 
Cost Of Revenue  
First Reported
2006-04-30
Previous Quarter
710 K
Current Value
854 K
Quarterly Volatility
693.4 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ocean Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 3.2 M or Total Revenue of 5.8 M, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0 or PTB Ratio of 0.56. Ocean financial statements analysis is a perfect complement when working with Ocean Power Valuation or Volatility modules.
  
Check out the analysis of Ocean Power Correlation against competitors.

Latest Ocean Power's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Ocean Power Technologies over the last few years. Cost of Revenue is found on Ocean Power Technologies income statement and represents the costs associated with goods and services Ocean Power provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Ocean Power's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ocean Power's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Ocean Cost Of Revenue Regression Statistics

Arithmetic Mean2,353,162
Geometric Mean1,986,077
Coefficient Of Variation59.81
Mean Deviation1,028,946
Median2,279,000
Standard Deviation1,407,525
Sample Variance2T
Range5M
R-Value(0.29)
Mean Square Error2T
R-Squared0.08
Significance0.29
Slope(91,691)
Total Sum of Squares27.7T

Ocean Cost Of Revenue History

20242.6 M
20232.7 M
20222.5 M
20211.9 M
20202.3 M
20191.8 M
20181.3 M

About Ocean Power Financial Statements

Ocean Power shareholders use historical fundamental indicators, such as Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Ocean Power investors may analyze each financial statement separately, they are all interrelated. The changes in Ocean Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ocean Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cost Of Revenue2.7 M2.6 M

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Additional Tools for Ocean Stock Analysis

When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.