Ocean Current Deferred Revenue from 2010 to 2024

OPTT Stock  USD 0.15  0.01  7.14%   
Ocean Power Current Deferred Revenue yearly trend continues to be comparatively stable with very little volatility. Current Deferred Revenue will likely drop to about 286.9 K in 2024. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2006-04-30
Previous Quarter
302 K
Current Value
445 K
Quarterly Volatility
1.3 M
 
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 Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of Ocean Power Technologies over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Ocean Power's Current Deferred 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.
Current Deferred Revenue10 Years Trend
Pretty Stable
   Current Deferred Revenue   
       Timeline  

Ocean Current Deferred Revenue Regression Statistics

Arithmetic Mean631,195
Geometric Mean211,410
Coefficient Of Variation152.38
Mean Deviation675,197
Median188,000
Standard Deviation961,841
Sample Variance925.1B
Range3.6M
R-Value(0.13)
Mean Square Error978.9B
R-Squared0.02
Significance0.64
Slope(28,452)
Total Sum of Squares13T

Ocean Current Deferred Revenue History

2024286.9 K
2023302 K
20221.4 M
2020129 K
2019100 K
2018188 K
201718 K

About Ocean Power Financial Statements

Ocean Power shareholders use historical fundamental indicators, such as Current Deferred 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
Current Deferred Revenue302 K286.9 K

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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.