Ocean Free Cash Flow from 2010 to 2024

OPTT Stock  USD 0.50  0.13  35.14%   
Ocean Power Free Cash Flow yearly trend continues to be comparatively stable with very little volatility. Free Cash Flow is likely to outpace its year average in 2024. Free Cash Flow is the amount of cash Ocean Power Technologies generates after accounting for cash outflows to support operations and maintain its capital assets. View All Fundamentals
 
Free Cash Flow  
First Reported
2006-07-31
Previous Quarter
-6.4 M
Current Value
-6.5 M
Quarterly Volatility
1.9 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 Free Cash Flow Growth Pattern

Below is the plot of the Free Cash Flow of Ocean Power Technologies over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Ocean Power's Free Cash Flow 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.
Free Cash Flow10 Years Trend
Slightly volatile
   Free Cash Flow   
       Timeline  

Ocean Free Cash Flow Regression Statistics

Arithmetic Mean(15,083,917)
Coefficient Of Variation(55.75)
Mean Deviation6,543,551
Median(11,700,000)
Standard Deviation8,409,990
Sample Variance70.7T
Range29.9M
R-Value(0.77)
Mean Square Error30.8T
R-Squared0.60
Significance0.0008
Slope(1,450,894)
Total Sum of Squares990.2T

Ocean Free Cash Flow History

2024-30.7 M
2023-32.3 M
2022-22.7 M
2021-21.4 M
2020-11.7 M
2019-10.6 M
2018-12.2 M

Other Fundumenentals of Ocean Power Technologies

Ocean Power Free Cash Flow component correlations

About Ocean Power Financial Statements

Ocean Power shareholders use historical fundamental indicators, such as Free Cash Flow, 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
Free Cash Flow-32.3 M-30.7 M
Free Cash Flow Yield(2.84)(2.70)
Free Cash Flow Per Share(0.55)(0.58)
EV To Free Cash Flow(0.33)(0.35)
Price To Free Cash Flows Ratio(0.35)(0.37)
Free Cash Flow Operating Cash Flow Ratio 1.09  1.14 

Thematic Opportunities

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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.