Ocean Gross Profit from 2010 to 2024

OPTT Stock

USD 0.15 0.01 7.14%

Ocean Power Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Ocean Power Technologies makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2005-07-31

Previous Quarter

862 K

Current Value

447 K

Quarterly Volatility

391.8 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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Ocean Power Technologies over the last few years. Gross profit is a required income statement account that reflects total revenue of Ocean Power Technologies minus its cost of goods sold. It is profit before Ocean Power operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Ocean Power's Gross Profit 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.

View

Last Reported (101 K)

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Ocean Gross Profit Regression Statistics

	Arithmetic Mean	224,996
	Coefficient Of Variation	505.72
	Mean Deviation	713,908
	Median	(11,444)
	Standard Deviation	1,137,855
	Sample Variance	1.3T
	Range	4M
	R-Value	0.49
	Mean Square Error	1.1T
	R-Squared	0.24
	Significance	0.06
	Slope	125,755
	Total Sum of Squares	18.1T

Ocean Gross Profit History

	2024	3 M
	2023	2.8 M
	2022	236 K
	2021	-101 K
	2020	-1.1 M
	2019	-105 K
	2018	-671 K

Other Fundumenentals of Ocean Power Technologies

Gross Profit Margin

Ocean Power Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Current Deferred Revenue	Accounts Payable	Net Receivables	Short Term Investments	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Treasury Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	-0.6	-0.46	0.36	-0.1	0.14	-0.13	0.42	0.82	-0.07	0.5	0.71	0.74	0.72	-0.49	0.89	-0.15	0.63	0.2	0.51	0.91	0.86	0.73
Total Stockholder Equity	1.0		-0.62	-0.44	0.26	-0.13	0.11	-0.16	0.43	0.83	-0.04	0.47	0.69	0.72	0.71	-0.5	0.89	-0.14	0.61	0.16	0.51	0.92	0.89	0.71
Net Debt	-0.6	-0.62		0.1	0.04	0.14	0.24	0.26	0.24	-0.69	-0.09	0.31	-0.17	-0.15	-0.33	0.25	-0.64	0.21	-0.24	-0.02	-0.08	-0.59	-0.75	-0.2
Retained Earnings	-0.46	-0.44	0.1		-0.4	0.04	-0.55	0.26	0.16	0.06	0.15	-0.64	-0.78	-0.34	-0.58	0.9	-0.25	0.72	-0.81	-0.02	-0.46	-0.55	-0.32	-0.77
Total Liab	0.36	0.26	0.04	-0.4		0.21	0.39	0.16	0.08	0.06	-0.34	0.49	0.46	0.43	0.36	-0.13	0.19	-0.1	0.37	0.45	0.24	0.13	0.0	0.44
Current Deferred Revenue	-0.1	-0.13	0.14	0.04	0.21		-0.1	-0.18	0.01	-0.16	-0.32	-0.04	-0.18	-0.1	-0.25	-0.01	-0.25	-0.04	-0.16	0.06	-0.31	-0.2	-0.17	-0.15
Accounts Payable	0.14	0.11	0.24	-0.55	0.39	-0.1		0.05	-0.11	-0.18	0.15	0.7	0.72	0.54	0.45	-0.3	0.23	-0.09	0.5	-0.02	0.54	0.22	-0.12	0.64
Net Receivables	-0.13	-0.16	0.26	0.26	0.16	-0.18	0.05		0.22	-0.02	-0.06	0.06	-0.12	0.17	-0.03	0.41	-0.08	0.35	-0.17	-0.21	-0.15	-0.11	-0.13	-0.03
Short Term Investments	0.42	0.43	0.24	0.16	0.08	0.01	-0.11	0.22		0.51	0.03	0.5	0.21	0.53	0.3	0.08	0.39	0.4	0.14	0.13	0.25	0.33	0.32	0.27
Total Current Assets	0.82	0.83	-0.69	0.06	0.06	-0.16	-0.18	-0.02	0.51		0.2	0.13	0.35	0.58	0.54	-0.11	0.9	0.17	0.34	0.1	0.33	0.76	0.87	0.42
Short Term Debt	-0.07	-0.04	-0.09	0.15	-0.34	-0.32	0.15	-0.06	0.03	0.2		0.0	0.01	0.15	0.21	0.01	0.24	0.2	0.15	-0.2	0.46	0.14	0.13	0.1
Intangible Assets	0.5	0.47	0.31	-0.64	0.49	-0.04	0.7	0.06	0.5	0.13	0.0		0.84	0.77	0.66	-0.47	0.4	-0.08	0.67	0.12	0.65	0.5	0.19	0.82
Common Stock	0.71	0.69	-0.17	-0.78	0.46	-0.18	0.72	-0.12	0.21	0.35	0.01	0.84		0.76	0.81	-0.66	0.66	-0.33	0.84	0.06	0.64	0.76	0.5	0.96
Long Term Debt	0.74	0.72	-0.15	-0.34	0.43	-0.1	0.54	0.17	0.53	0.58	0.15	0.77	0.76		0.79	-0.24	0.78	0.28	0.57	0.16	0.73	0.67	0.49	0.78
Property Plant Equipment	0.72	0.71	-0.33	-0.58	0.36	-0.25	0.45	-0.03	0.3	0.54	0.21	0.66	0.81	0.79		-0.59	0.77	-0.11	0.86	0.11	0.64	0.76	0.64	0.88
Treasury Stock	-0.49	-0.5	0.25	0.9	-0.13	-0.01	-0.3	0.41	0.08	-0.11	0.01	-0.47	-0.66	-0.24	-0.59		-0.31	0.73	-0.81	0.04	-0.39	-0.65	-0.51	-0.69
Net Tangible Assets	0.89	0.89	-0.64	-0.25	0.19	-0.25	0.23	-0.08	0.39	0.9	0.24	0.4	0.66	0.78	0.77	-0.31		0.07	0.6	0.08	0.57	0.86	0.84	0.7
Long Term Debt Total	-0.15	-0.14	0.21	0.72	-0.1	-0.04	-0.09	0.35	0.4	0.17	0.2	-0.08	-0.33	0.28	-0.11	0.73	0.07		-0.52	0.16	0.08	-0.31	-0.26	-0.34
Capital Surpluse	0.63	0.61	-0.24	-0.81	0.37	-0.16	0.5	-0.17	0.14	0.34	0.15	0.67	0.84	0.57	0.86	-0.81	0.6	-0.52		-0.04	0.59	0.74	0.59	0.93
Deferred Long Term Liab	0.2	0.16	-0.02	-0.02	0.45	0.06	-0.02	-0.21	0.13	0.1	-0.2	0.12	0.06	0.16	0.11	0.04	0.08	0.16	-0.04		0.25	0.01	0.01	0.0
Short Long Term Debt	0.51	0.51	-0.08	-0.46	0.24	-0.31	0.54	-0.15	0.25	0.33	0.46	0.65	0.64	0.73	0.64	-0.39	0.57	0.08	0.59	0.25		0.52	0.33	0.67
Net Invested Capital	0.91	0.92	-0.59	-0.55	0.13	-0.2	0.22	-0.11	0.33	0.76	0.14	0.5	0.76	0.67	0.76	-0.65	0.86	-0.31	0.74	0.01	0.52		0.93	0.81
Net Working Capital	0.86	0.89	-0.75	-0.32	0.0	-0.17	-0.12	-0.13	0.32	0.87	0.13	0.19	0.5	0.49	0.64	-0.51	0.84	-0.26	0.59	0.01	0.33	0.93		0.59
Capital Stock	0.73	0.71	-0.2	-0.77	0.44	-0.15	0.64	-0.03	0.27	0.42	0.1	0.82	0.96	0.78	0.88	-0.69	0.7	-0.34	0.93	0.0	0.67	0.81	0.59

Click cells to compare fundamentals

About Ocean Power Financial Statements

Ocean Power shareholders use historical fundamental indicators, such as Gross Profit, 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 Reported	Projected for Next Year
Gross Profit	2.8 M	3 M
Gross Profit Margin	0.51	0.54

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC