OraSure Total Assets from 2010 to 2024

OSUR Stock  USD 3.64  0.15  3.96%   
OraSure Technologies Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 507 M this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1988-12-31
Previous Quarter
466.3 M
Current Value
464.1 M
Quarterly Volatility
145.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OraSure Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OraSure Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 22 M, Interest Expense of 6.7 M or Total Revenue of 425.7 M, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0139 or PTB Ratio of 1.33. OraSure financial statements analysis is a perfect complement when working with OraSure Technologies Valuation or Volatility modules.
  
Check out the analysis of OraSure Technologies Correlation against competitors.
To learn how to invest in OraSure Stock, please use our How to Invest in OraSure Technologies guide.

Latest OraSure Technologies' Total Assets Growth Pattern

Below is the plot of the Total Assets of OraSure Technologies over the last few years. Total assets refers to the total amount of OraSure Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in OraSure Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. OraSure Technologies' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OraSure Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 482.85 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

OraSure Total Assets Regression Statistics

Arithmetic Mean293,992,617
Geometric Mean225,884,352
Coefficient Of Variation51.59
Mean Deviation127,883,776
Median296,201,000
Standard Deviation151,659,434
Sample Variance23000.6T
Range498.9M
R-Value0.97
Mean Square Error1435.6T
R-Squared0.94
Slope32,914,681
Total Sum of Squares322008.2T

OraSure Total Assets History

2024507 M
2023482.8 M
2022444.7 M
2021461 M
2020454.5 M
2019349.3 M
2018315.6 M

Other Fundumenentals of OraSure Technologies

OraSure Technologies Total Assets component correlations

1.0-0.720.130.750.860.880.98-0.03-0.310.310.890.9-0.290.920.70.92-0.890.89-0.220.72-0.52
1.0-0.760.160.70.840.840.98-0.06-0.340.310.890.88-0.310.910.680.91-0.90.88-0.20.72-0.55
-0.72-0.76-0.1-0.21-0.36-0.41-0.8-0.020.430.19-0.57-0.640.24-0.57-0.36-0.680.67-0.730.38-0.80.82
0.130.16-0.10.020.06-0.030.16-0.63-0.660.250.540.19-0.460.220.340.14-0.120.350.060.29-0.28
0.750.7-0.210.020.90.940.690.11-0.140.260.70.77-0.220.750.660.76-0.620.69-0.290.48-0.08
0.860.84-0.360.060.90.910.84-0.08-0.250.460.80.75-0.30.840.570.81-0.810.69-0.270.54-0.24
0.880.84-0.41-0.030.940.910.820.14-0.110.260.760.9-0.160.820.740.84-0.70.79-0.30.57-0.25
0.980.98-0.80.160.690.840.82-0.08-0.440.230.880.87-0.350.880.610.9-0.910.87-0.340.78-0.63
-0.03-0.06-0.02-0.630.11-0.080.14-0.080.62-0.46-0.270.070.13-0.170.09-0.020.22-0.03-0.250.010.03
-0.31-0.340.43-0.66-0.14-0.25-0.11-0.440.62-0.15-0.55-0.280.46-0.36-0.02-0.350.5-0.350.26-0.430.5
0.310.310.190.250.260.460.260.23-0.46-0.150.420.07-0.160.480.150.24-0.440.050.55-0.190.31
0.890.89-0.570.540.70.80.760.88-0.27-0.550.420.83-0.450.870.720.82-0.790.87-0.170.7-0.51
0.90.88-0.640.190.770.750.90.870.07-0.280.070.83-0.290.80.80.85-0.660.92-0.390.73-0.52
-0.29-0.310.24-0.46-0.22-0.3-0.16-0.350.130.46-0.16-0.45-0.29-0.31-0.22-0.280.3-0.30.29-0.320.31
0.920.91-0.570.220.750.840.820.88-0.17-0.360.480.870.8-0.310.690.96-0.870.84-0.040.68-0.24
0.70.68-0.360.340.660.570.740.610.09-0.020.150.720.8-0.220.690.71-0.420.84-0.120.6-0.22
0.920.91-0.680.140.760.810.840.9-0.02-0.350.240.820.85-0.280.960.71-0.840.9-0.240.82-0.34
-0.89-0.90.67-0.12-0.62-0.81-0.7-0.910.220.5-0.44-0.79-0.660.3-0.87-0.42-0.84-0.690.12-0.60.44
0.890.88-0.730.350.690.690.790.87-0.03-0.350.050.870.92-0.30.840.840.9-0.69-0.290.88-0.54
-0.22-0.20.380.06-0.29-0.27-0.3-0.34-0.250.260.55-0.17-0.390.29-0.04-0.12-0.240.12-0.29-0.520.56
0.720.72-0.80.290.480.540.570.780.01-0.43-0.190.70.73-0.320.680.60.82-0.60.88-0.52-0.62
-0.52-0.550.82-0.28-0.08-0.24-0.25-0.630.030.50.31-0.51-0.520.31-0.24-0.22-0.340.44-0.540.56-0.62
Click cells to compare fundamentals

About OraSure Technologies Financial Statements

OraSure Technologies shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although OraSure Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in OraSure Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on OraSure Technologies' 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 Assets482.8 M507 M
Intangibles To Total Assets 0.08  0.08 

Pair Trading with OraSure Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OraSure Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OraSure Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against OraSure Stock

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  0.58OM Outset MedicalPairCorr
The ability to find closely correlated positions to OraSure Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OraSure Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OraSure Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OraSure Technologies to buy it.
The correlation of OraSure Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OraSure Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OraSure Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OraSure Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for OraSure Stock Analysis

When running OraSure Technologies' price analysis, check to measure OraSure Technologies' 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 OraSure Technologies is operating at the current time. Most of OraSure Technologies' value examination focuses on studying past and present price action to predict the probability of OraSure Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OraSure Technologies' price. Additionally, you may evaluate how the addition of OraSure Technologies to your portfolios can decrease your overall portfolio volatility.