Ocean Net Interest Income from 2010 to 2024

OPTT Stock  USD 0.37  0.08  27.59%   
Ocean Power Net Interest Income yearly trend continues to be comparatively stable with very little volatility. Net Interest Income is likely to outpace its year average in 2024. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-04-30
Previous Quarter
40 K
Current Value
K
Quarterly Volatility
108.5 K
 
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 Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Ocean Power Technologies over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Ocean Power's Net Interest Income 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.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

Ocean Net Interest Income Regression Statistics

Arithmetic Mean215,200
Geometric Mean81,359
Coefficient Of Variation153.33
Mean Deviation252,853
Median35,000
Standard Deviation329,964
Sample Variance108.9B
Range874K
R-Value0.75
Mean Square Error50.8B
R-Squared0.57
Significance0
Slope55,561
Total Sum of Squares1.5T

Ocean Net Interest Income History

2024840 K
2023800 K
2022902 K
2019124 K
201835 K
201783 K

About Ocean Power Financial Statements

Ocean Power shareholders use historical fundamental indicators, such as Net Interest Income, 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
Net Interest Income800 K840 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.