Ocean Net Receivables from 2010 to 2026

RUOC Stock  EUR 0.31  0.01  3.13%   
Ocean Power's Net Receivables is increasing over the last several years with slightly volatile swings. Net Receivables is estimated to finish at about 1.4 M this year. During the period from 2010 to 2026 Ocean Power Technologies Net Receivables regressed destribution of quarterly values had coefficient of variationof  76.72 and r-value of  0.75. View All Fundamentals
 
Net Receivables  
First Reported
2019-07-31
Previous Quarter
2.2 M
Current Value
1.1 M
Quarterly Volatility
615.8 K
 
Covid
 
Interest Hikes
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 Net Interest Income of 51.3 K, Interest Expense of 0.0 or Selling General Administrative of 8.8 M, as well as many indicators such as . Ocean financial statements analysis is a perfect complement when working with Ocean Power Valuation or Volatility modules.
  
This module can also supplement various Ocean Power Technical models . Check out the analysis of Ocean Power Correlation against competitors.
The Net Receivables trend for Ocean Power Technologies offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Ocean Power is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Ocean Power's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Ocean Power Technologies over the last few years. It is Ocean Power's Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Ocean Net Receivables Regression Statistics

Arithmetic Mean544,046
Geometric Mean421,284
Coefficient Of Variation76.72
Mean Deviation331,712
Median344,000
Standard Deviation417,371
Sample Variance174.2B
Range1.3M
R-Value0.75
Mean Square Error82.3B
R-Squared0.56
Significance0.0006
Slope61,685
Total Sum of Squares2.8T

Ocean Net Receivables History

20261.4 M
20251.4 M
20241.2 M
2023796 K
2022745 K
2021482 K
2020350 K

About Ocean Power Financial Statements

Ocean Power stakeholders use historical fundamental indicators, such as Ocean Power's Net Receivables, 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. For example, changes in Ocean Power's assets and liabilities are reflected in the revenues and expenses on Ocean Power's 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 Ocean Power Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables1.4 M1.4 M

Currently Active Assets on Macroaxis

When determining whether Ocean Power Technologies 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 Ocean 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 Ocean Power Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Ocean Power Technologies Stock:
Check out the analysis of Ocean Power Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
It's important to distinguish between Ocean Power's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ocean Power should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Ocean Power's market price signifies the transaction level at which participants voluntarily complete trades.