Olympic Cash And Short Term Investments from 2010 to 2024

ZEUS Stock  USD 43.02  0.61  1.44%   
Olympic Steel Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1994-03-31
Previous Quarter
9.4 M
Current Value
11.1 M
Quarterly Volatility
3.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 16.8 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0069 or PTB Ratio of 0.95. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
Check out the analysis of Olympic Steel Correlation against competitors.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

Latest Olympic Steel's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Olympic Steel over the last few years. Short Term Investments is an account in the current assets section of Olympic Steel balance sheet. This account contains Olympic Steel investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Olympic Steel fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Olympic Steel's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olympic Steel's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Olympic Cash And Short Term Investments Regression Statistics

Arithmetic Mean6,529,413
Geometric Mean4,875,221
Coefficient Of Variation67.44
Mean Deviation3,721,108
Median5,742,000
Standard Deviation4,403,320
Sample Variance19.4T
Range13.2M
R-Value0.73
Mean Square Error9.8T
R-Squared0.53
Significance0
Slope717,594
Total Sum of Squares271.4T

Olympic Cash And Short Term Investments History

202413.9 M
202313.2 M
202212.2 M
20219.8 M
20205.5 M
20195.7 M
20189.3 M

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Olympic Steel'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
Cash And Short Term Investments13.2 M13.9 M

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Additional Tools for Olympic Stock Analysis

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