Ocean Net Tangible Assets from 2010 to 2026
| OPTT Stock | USD 0.42 0.01 2.33% |
Net Tangible Assets | First Reported 2011-07-31 | Previous Quarter 31.4 M | Current Value 26.1 M | Quarterly Volatility 21.2 M |
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 2.1 M, Interest Expense of 3.2 M or Total Revenue of 5.5 M, as well as many indicators such as Price To Sales Ratio of 9.64, Dividend Yield of 0.0 or PTB Ratio of 2.12. Ocean financial statements analysis is a perfect complement when working with Ocean Power Valuation or Volatility modules.
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The evolution of Net Tangible Assets for Ocean Power Technologies provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Ocean Power compares to historical norms and industry peers.
Latest Ocean Power's Net Tangible Assets Growth Pattern
Below is the plot of the Net Tangible Assets of Ocean Power Technologies over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Ocean Power's Net Tangible Assets 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 Tangible Assets | 10 Years Trend |
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Net Tangible Assets |
| Timeline |
Ocean Net Tangible Assets Regression Statistics
| Arithmetic Mean | 27,208,545 | |
| Geometric Mean | 21,108,520 | |
| Coefficient Of Variation | 69.80 | |
| Mean Deviation | 13,181,931 | |
| Median | 27,932,359 | |
| Standard Deviation | 18,992,073 | |
| Sample Variance | 360.7T | |
| Range | 76.7M | |
| R-Value | 0.32 | |
| Mean Square Error | 345.8T | |
| R-Squared | 0.10 | |
| Significance | 0.21 | |
| Slope | 1,196,777 | |
| Total Sum of Squares | 5771.2T |
Ocean Net Tangible Assets History
About Ocean Power Financial Statements
Ocean Power shareholders use historical fundamental indicators, such as Net Tangible Assets, 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 | ||
| Net Tangible Assets | 36.2 M | 27.9 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.