Ocean Total Current Liabilities from 2010 to 2024

OPTT Stock  USD 0.15  0.01  7.14%   
Ocean Power Total Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Current Liabilities will likely drop to about 5.5 M in 2024. Total Current Liabilities is the total amount of liabilities that Ocean Power Technologies is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2006-04-30
Previous Quarter
7.4 M
Current Value
5.1 M
Quarterly Volatility
1.8 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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Ocean Power Technologies over the last few years. Total Current Liabilities is an item on Ocean Power balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ocean Power Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Ocean Power's Total Current Liabilities 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.
Total Current Liabilities10 Years Trend
Very volatile
   Total Current Liabilities   
       Timeline  

Ocean Total Current Liabilities Regression Statistics

Arithmetic Mean4,865,462
Geometric Mean4,422,633
Coefficient Of Variation44.15
Mean Deviation1,701,432
Median4,694,000
Standard Deviation2,148,144
Sample Variance4.6T
Range7.3M
R-Value0.10
Mean Square Error4.9T
R-Squared0.01
Significance0.71
Slope50,099
Total Sum of Squares64.6T

Ocean Total Current Liabilities History

20245.5 M
20237.4 M
20227.9 M
2021M
20204.7 M
20191.9 M
20182.4 M

About Ocean Power Financial Statements

Ocean Power shareholders use historical fundamental indicators, such as Total Current Liabilities, 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
Total Current Liabilities7.4 M5.5 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.