Ocean Research And Ddevelopement To Revenue from 2010 to 2024

OPTT Stock  USD 0.37  0.08  27.59%   
Ocean Power Research And Ddevelopement To Revenue yearly trend continues to be comparatively stable with very little volatility. Research And Ddevelopement To Revenue will likely drop to 2.75 in 2024. Research And Ddevelopement To Revenue is the ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services. View All Fundamentals
 
Research And Ddevelopement To Revenue  
First Reported
2010-12-31
Previous Quarter
4.91
Current Value
2.75
Quarterly Volatility
2.89718717
 
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 Research And Ddevelopement To Revenue Growth Pattern

Below is the plot of the Research And Ddevelopement To Revenue of Ocean Power Technologies over the last few years. It is the ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services. Ocean Power's Research And Ddevelopement To 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.
Research And Ddevelopement To Revenue10 Years Trend
Slightly volatile
   Research And Ddevelopement To Revenue   
       Timeline  

Ocean Research And Ddevelopement To Revenue Regression Statistics

Arithmetic Mean4.33
Geometric Mean2.94
Coefficient Of Variation66.84
Mean Deviation2.37
Median3.94
Standard Deviation2.90
Sample Variance8.39
Range9.9329
R-Value0.34
Mean Square Error7.98
R-Squared0.12
Significance0.21
Slope0.22
Total Sum of Squares117.51

Ocean Research And Ddevelopement To Revenue History

2024 2.75
2023 4.91
2021 5.46
2020 3.94
2019 2.58
2018 7.89
2017 8.45

About Ocean Power Financial Statements

Ocean Power shareholders use historical fundamental indicators, such as Research And Ddevelopement To 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
Research And Ddevelopement To Revenue 4.91  2.75 

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.