Oric Other Operating Expenses from 2010 to 2024

ORIC Stock  USD 9.80  0.07  0.71%   
Oric Pharmaceuticals' Other Operating Expenses is increasing over the years with slightly volatile fluctuation. Other Operating Expenses is expected to dwindle to about 69.1 M. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2019-03-31
Previous Quarter
36 M
Current Value
38.3 M
Quarterly Volatility
9.3 M
 
Covid
Check Oric Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oric Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Expense of 3.2 M, Net Interest Income of 3.2 M or Interest Income of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.01. Oric financial statements analysis is a perfect complement when working with Oric Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Oric Pharmaceuticals Correlation against competitors.
For information on how to trade Oric Stock refer to our How to Trade Oric Stock guide.

Latest Oric Pharmaceuticals' Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Oric Pharmaceuticals over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Oric Pharmaceuticals. It is also known as Oric Pharmaceuticals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Oric Pharmaceuticals' Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oric Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Oric Other Operating Expenses Regression Statistics

Arithmetic Mean41,648,723
Geometric Mean34,225,572
Coefficient Of Variation71.82
Mean Deviation24,877,231
Median22,371,000
Standard Deviation29,912,642
Sample Variance894.8T
Range88.4M
R-Value0.80
Mean Square Error346.6T
R-Squared0.64
Significance0.0003
Slope5,352,078
Total Sum of Squares12526.7T

Oric Other Operating Expenses History

202469.1 M
2023110.8 M
202286.8 M
202178.9 M
202049.3 M
201928.6 M

About Oric Pharmaceuticals Financial Statements

Oric Pharmaceuticals stakeholders use historical fundamental indicators, such as Oric Pharmaceuticals' Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Oric Pharmaceuticals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Oric Pharmaceuticals' assets and liabilities are reflected in the revenues and expenses on Oric Pharmaceuticals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Oric Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Operating Expenses110.8 M69.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Oric Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oric Pharmaceuticals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oric Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oric Pharmaceuticals Stock:
Check out the analysis of Oric Pharmaceuticals Correlation against competitors.
For information on how to trade Oric Stock refer to our How to Trade Oric Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oric Pharmaceuticals. If investors know Oric will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oric Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.87)
Return On Assets
(0.29)
Return On Equity
(0.46)
The market value of Oric Pharmaceuticals is measured differently than its book value, which is the value of Oric that is recorded on the company's balance sheet. Investors also form their own opinion of Oric Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Oric Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oric Pharmaceuticals' market value can be influenced by many factors that don't directly affect Oric Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oric Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Oric Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oric Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.