Coda Octopus Financials

CODA Stock  USD 9.02  0.36  3.84%   
Based on the key indicators related to Coda Octopus' liquidity, profitability, solvency, and operating efficiency, Coda Octopus Group is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At present, Coda Octopus' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 58.5 M, whereas Short and Long Term Debt Total is forecasted to decline to about 54.3 K. Key indicators impacting Coda Octopus' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio11.7811.22
Sufficiently Up
Slightly volatile
Investors should never underestimate Coda Octopus' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Coda Octopus' cash flow, debt, and profitability to make informed and accurate decisions about investing in Coda Octopus Group.

Net Income

3.77 Million

  
Understanding current and past Coda Octopus Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Coda Octopus' financial statements are interrelated, with each one affecting the others. For example, an increase in Coda Octopus' assets may result in an increase in income on the income statement.
Please note, the presentation of Coda Octopus' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Coda Octopus' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Coda Octopus' management manipulating its earnings.

Coda Octopus Stock Summary

Coda Octopus competes with Ducommun Incorporated, Park Electrochemical, National Presto, Astronics, and Innovative Solutions. Coda Octopus Group, Inc., together with its subsidiaries, develops and sells underwater technologies and equipment for 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida. Coda Octopus operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 95 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS19188U2069
CUSIP19188U206 19188U107
LocationFlorida; U.S.A
Business Address3300 South Hiawassee
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.codaoctopusgroup.com
Phone407 735 2400
CurrencyUSD - US Dollar

Coda Octopus Key Financial Ratios

Coda Octopus Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets38.0M45.5M46.9M51.8M59.6M62.6M
Other Current Liab584.2K740.4K1.6M470.1K423.1K401.9K
Net Debt(14.6M)(17.7M)(22.9M)(24.4M)(22.0M)(20.9M)
Retained Earnings(23.4M)(18.5M)(14.2M)(11.1M)(12.7M)(13.3M)
Accounts Payable1.3M1.5M793.2K1.3M1.2M1.3M
Cash15.1M17.7M22.9M24.4M28.1M29.5M
Net Receivables3.0M5.3M3.8M4.3M5.0M4.4M
Inventory9.1M10.7M10.0M11.7M13.4M14.1M
Other Current Assets402.2K1.8M432.3K416.8K479.3K462.6K
Total Liab3.6M4.4M3.5M3.4M3.1M2.9M
Total Current Assets27.7M35.6M37.0M40.9M47.0M49.4M
Short Term Debt964.7K487.1K509.8K63.6K57.2K54.3K
Common Stock10.8K10.9K10.9K11.1K10.0K9.5K
Intangible Assets349.3K412.3K442.3K486.6K438.0K515.4K
Other Assets631.7K561.9K76.8K259.8K233.8K397.5K
Net Tangible Assets27.0M34.4M37.3M43.4M49.9M52.4M
Capital Surpluse59.5M60.1M61.2M62.3M71.7M61.6M

Coda Octopus Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense249.1K91.1K70.2K53.6K9.7K0.0
Total Revenue20.0M21.3M22.2M19.4M22.3M18.4M
Gross Profit12.7M14.8M15.2M13.0M15.0M11.1M
Operating Income2.8M5.3M5.0M2.7M3.2M3.3M
Ebit3.5M5.3M5.0M2.7M3.2M3.3M
Research Development3.2M3.0M2.2M2.1M2.4M2.3M
Ebitda4.3M6.2M5.7M2.7M3.2M3.3M
Cost Of Revenue7.3M6.6M7.0M6.3M7.3M7.3M
Income Before Tax3.4M5.3M5.1M3.4M3.9M4.1M
Net Income3.3M4.9M4.3M3.1M3.6M3.8M
Income Tax Expense58.2K305.5K831.1K(297.1K)(341.6K)(324.6K)
Tax Provision58.2K305.5K831.1K297.1K341.6K358.7K
Interest Income249.1K91.1K0.0642.5K578.3K398.2K
Net Interest Income(70.2K)(53.6K)(9.7K)642.5K738.9K775.9K

Coda Octopus Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(3.8M)(1.1M)(675.9K)(1.3M)(1.2M)(1.1M)
Change In Cash3.4M2.6M5.2M1.5M1.7M1.5M
Free Cash Flow3.4M2.3M6.2M259.5K298.5K192.8K
Depreciation806.7K924.1K738.7K667.5K767.7K533.8K
Other Non Cash Items(648.9K)(648.9K)1.3M3.9M3.5M3.7M
Capital Expenditures998.3K964.2K556.6K2.1M2.4M2.6M
Net Income3.3M4.9M4.3M3.1M3.6M3.8M
End Period Cash Flow15.1M17.7M22.9M24.4M28.1M29.5M
Investments(998.3K)(964.2K)(556.6K)(1.5M)(1.4M)(1.4M)
Change Receivables(1.1M)2.4M(2.2M)992.9K893.7K938.3K
Net Borrowings(964.7K)(486.5K)(509.5K)(63.6K)(73.1K)(76.7K)
Change To Netincome659.6K610.8K887.1K937.8K1.1M1.1M

Coda Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Coda Octopus's current stock value. Our valuation model uses many indicators to compare Coda Octopus value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Coda Octopus competition to find correlations between indicators driving Coda Octopus's intrinsic value. More Info.
Coda Octopus Group is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.59  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Coda Octopus Group is roughly  1.70 . At present, Coda Octopus' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Coda Octopus' earnings, one of the primary drivers of an investment's value.

Coda Octopus Group Systematic Risk

Coda Octopus' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Coda Octopus volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Coda Octopus Group correlated with the market. If Beta is less than 0 Coda Octopus generally moves in the opposite direction as compared to the market. If Coda Octopus Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Coda Octopus Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Coda Octopus is generally in the same direction as the market. If Beta > 1 Coda Octopus moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Coda Octopus Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Coda Octopus' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Coda Octopus growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.86)

At present, Coda Octopus' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Coda Octopus November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Coda Octopus help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Coda Octopus Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Coda Octopus Group based on widely used predictive technical indicators. In general, we focus on analyzing Coda Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Coda Octopus's daily price indicators and compare them against related drivers.

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