Ontrak Total Current Liabilities from 2010 to 2024

OTRK Stock  USD 1.80  0.05  2.70%   
Ontrak Total Current Liabilities yearly trend continues to be quite stable with very little volatility. The value of Total Current Liabilities is projected to decrease to about 3.7 M. Total Current Liabilities is the total amount of liabilities that Ontrak Inc 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
2002-03-31
Previous Quarter
3.1 M
Current Value
8.7 M
Quarterly Volatility
8.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ontrak financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ontrak's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.7 M, Interest Expense of 7.6 M or Selling And Marketing Expenses of 4.2 M, as well as many indicators such as Price To Sales Ratio of 5.01, Dividend Yield of 0.0165 or PTB Ratio of 4.47. Ontrak financial statements analysis is a perfect complement when working with Ontrak Valuation or Volatility modules.
  
Check out the analysis of Ontrak Correlation against competitors.

Latest Ontrak's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Ontrak Inc over the last few years. Total Current Liabilities is an item on Ontrak balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ontrak Inc 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. Ontrak's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ontrak's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Ontrak Total Current Liabilities Regression Statistics

Arithmetic Mean8,920,319
Geometric Mean4,492,321
Coefficient Of Variation106.10
Mean Deviation6,491,387
Median4,821,000
Standard Deviation9,464,194
Sample Variance89.6T
Range36.4M
R-Value0.31
Mean Square Error87.1T
R-Squared0.1
Significance0.26
Slope658,675
Total Sum of Squares1254T

Ontrak Total Current Liabilities History

20243.7 M
20233.9 M
20229.5 M
202110.3 M
202036.4 M
201914.1 M
20187.7 M

About Ontrak Financial Statements

Ontrak investors utilize fundamental indicators, such as Total Current Liabilities, to predict how Ontrak Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Liabilities3.9 M3.7 M

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When determining whether Ontrak Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ontrak Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ontrak Inc Stock. Highlighted below are key reports to facilitate an investment decision about Ontrak Inc Stock:
Check out the analysis of Ontrak Correlation against competitors.
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Is Health Care Providers & Services 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 Ontrak. If investors know Ontrak 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 Ontrak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
31.91
Revenue Per Share
4.585
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.45)
Return On Equity
(3.41)
The market value of Ontrak Inc is measured differently than its book value, which is the value of Ontrak that is recorded on the company's balance sheet. Investors also form their own opinion of Ontrak's value that differs from its market value or its book value, called intrinsic value, which is Ontrak's 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 Ontrak's market value can be influenced by many factors that don't directly affect Ontrak's 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 Ontrak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ontrak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ontrak's 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.